Peru's private-run Foreign Trade Society (Comex Peru) reported that 56.4% of exporting companies in Peru are micro-sized, whereas 25.6% of them are small-sized, and the remaining 18% are medium-sized.
"Exporters are aimed to have higher aspirations after selling abroad for the first time," Comex President Alfonso Bustamante said.
Transforming a micro-sized business into an
exporting company is important as it expands its target market by six to seven times.
According to Comex Peru,
micro- and small-sized enterprises (MSEs) in the Inca country increased 4% from 5,683,912 to 5,904,614 between 2016 and 2017, thus accounting for almost 46.5% of the country's total employment.
Given this increase, employment grew 1.2% from 8,130,600 to 8,231,391 employees.
However, this growth was accompanied by informality, which went from 79.2% to 83.5% in said sector, where family labor accounts for 68.8% of the total workforce and unpaid work makes up 65.7%.
Sectors
During the 2016-17 period, 19% of MSEs exported metal-mechanic goods, which helped this sector grow 6.8%.
On the other hand, 13% of MSEs sold farming products abroad, posting a 2.4% rise.
As for the textile and clothing industry, 15% of exporting MSEs experienced a 2.2% decline.
(END) RMB/MVB
Published: 8/1/2018