; this situation will continue in 2019, registering a 12% expansion, Peruvian Exporters Association (Adex) ex-Chairman Eduardo Amorrortu affirmed Wednesday.
Within this framework, the businessman indicated the Inca country's
non-traditional shipments currently experience a rebound, since they posted a 10.5% increase in 2017 and at least a 14% rise by end-2018.
Furthermore, Amorrortu pointed out non-traditional products will underpin total
exports growth, amounting to approximately US$15 billion.
However, traditional goods —such as mining, fishery, among others— might register a 3% slid. Plus, a drop in international copper prices is projected.
"The opposite situation can be seen in the non-traditional sector, in which the demand for value-added products, mainly agricultural such as grapes, avocados, mangoes or
blueberries, has increased and will remain strong until 2021, with an annual expansion rate above 10%," he expressed.
Peru's total exports may border US$50 billion in 2019, thus rising over the same period last year (US$48 billion).
Bicentennial
According to Amorrortu, the
Inca country's exports should exceed US$60 billion in 2021—the nation's Independence Bicentennial— driven by non-traditional products as well.
(END) RGP/RGP/DTK/MVB