Peru plans 10% increase in exports to the United Kingdom

Peru has signed a free trade agreement with the United Kingdom. Peru is already the 2nd largest fruit supplier in the UK and expects a 10% increase in exports to this market.

 

 

 

A free trade agreement has been signed between Peru and the United Kingdom. This agreement reproduces the tariff preferences with the EU and provides the possibility of making improvements and including new products.

 

 

 

According to MINCETUR (Ministerio de Comercio Exterior y Turismo) in the last 5 years, Peru's exports to the United Kingdom have increased by 9.5% per annum, especially agricultural exports (avocados, asparagus, blueberries, tangerines ...). In 2018 Peru was the 2nd largest fruit supplier in the United Kingdom.

 

 

 

In 2018 Peru exported 700 million USD to the United Kingdom. Thanks to this new agreement, the Ministry forecasts a 10% growth of Peruvian exports in the UK market.