The value of Peruvian exports increased 21.7% —in the period involving September 2016-August 2017— if compared to its similar period between September 2015-August 2016, Central Reserve Bank (BCR) reported.
Such expansion places
Peru as the country relying on the highest
exports growth rate in Latin America.
According to the World Trade Organization (
WTO), said figure exceeded the annual average rate (10.3%) registered in the region.
Additionally, BCR pointed out Latin American countries such as Colombia (15.6%), Ecuador (14.1%), Brazil (11.4%), Chile (9%), and Argentina (2.6%) also registered good results in this sense.
Nevertheless, Paraguay's foreign sales declined by 1.7% in the analyzed period.
(END) CNA/JAA/MVB