Reported ComexPeru

Number of Peruvian exporting companies to the United States went from 582 to 946 in the agricultural sector and from 80 to 180 in the agricultural sector between 2009 and 2022

( Between January and November 2022, total Peruvian exports to the United States totaled US$7,730 billion, showing an increase of 23.4% compared to what was achieved in the same period of 2021.

This was reported by the Foreign Trade Society of Peru (ComexPerú), who stressed that this result also meant an increase of 39.3% compared to what was achieved in the same period of 2020 (year of pandemic).

He highlighted that between the months of January and November of the years 2009 and 2022, the average annual growth rate of our exports to the United States has been 3.5%, and an accumulated increase of 62%. This is how, over the years, the North American country has been positioning itself as the second most important export market (only behind China).

Regarding the structure of exports, shipments of traditional products in the first eleven months of 2022 totaled US$ 2,719 million, showing a growth of 29.4% compared to what was registered in the same period of 2021. In addition, this sector represented 35.2% of the total exported to that destination.

On the other hand, our non-traditional exports to the United States between January and November 2022 reached 5,011 million, registering an increase of 20.5% compared to what was obtained in the same months of 2021. This sector participated with 64.8% of the total.

The international trade union highlighted that non-traditional exports to the North American giant presented sustained growth, which since 2009 have increased, on average, 9.3% per year. He explained that the most benefited subsector was the agricultural one, which had an accumulated growth of 367.8%.

As for the main products exported from the non-traditional sector between January and November 2022 are blueberries, with US$ 666 million, which represents a growth of 15.2% year-on-year.

They are followed by fresh grapes with US$ 409 million (+27%); natural calcium phosphates with US$ 266 million (+80%); fresh avocados with US$ 231 million (+36.4%) and fresh asparagus (+23.3%).

"These results, especially those of agro-industrial products, confirm how wrong those who argued that the FTA with the United States would make Peruvian agriculture disappear," said ComexPerú.

Increased number of exporting companies
He added that the FTA between the two countries brought with it increased export opportunities, which is why the value exported to this destination by mypes went from US$151 million in 2009 to US$189 million by the end of 2022. .

"The greatest growth in terms of the number of exporting companies between 2009 and 2022 are found in companies in the agricultural sector, going from 582 to 946 and the agricultural sector from 80 to 180 for the same period of analysis," he said.

ComexPerú pointed out that there are still future opportunities in this market that our country can take advantage of. In this regard, he said that the Ministry of Foreign Trade and Tourism (Mincetur) has on its agenda various potential products, where several destined for the United States stand out, the products in question being scallops, quinoa and pisco, which present a current tariff preference of 0%.

“The opening of these products in sanitary matters, packaging regulations, should be a priority for both exporters and the authorities for their entry into the United States. As well as these products, there are others with great potential such as raspberries and pomegranates”, he commented.

“The figures show that the trade agreement was beneficial for our country. The differentiated exportable offer relies on complementarity, which is favorable for both Peru and the United States. This leads to the growth of companies and therefore the greater creation of jobs. Policies of commercial opening must be continued with a view to entering a greater number of countries”, concluded the international trade union.

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