Free Trade Agreement with the US has advanced Peruvian exports
Peru
Friday 20 April 2018
FJ
For agricultural products, cumulated growth reached 162.6% over the period.
After 9 years of operation, the Free Trade Agreement with the United States has led to a significant growth of Peruvian exports to the US market. Growth rate of 18% overall and 190.6% for agricultural products.
IEDEP (Instituto de Economía y Desarrollo Empresarial) announces that Peruvian exports to the United States have grown by about 18% since the implementation of the Free Trade Agreement. The value of exports totals $ 6,892 million. In the observed period, 2009-2017, cumulative growth reached 162.6% for fishery products and 190.6% for agricultural products.
Over the same period, Peruvian imports of US products recorded a growth rate of 44.7%. Purchases of consumer goods, intermediate goods and capital goods.
source : camaralima.org.pe , elcomercio.pe