Perus Ministry of Foreign Trade and Tourism (Mincetur) reports that the nations exports soared to a historic high of $74.664 billion in 2024.This achievement reflects Perus robust growth in various sectors.
The metallurgical sector led with a 36% increase, fueled by a global demand for metals like gold and copper.The fishing industry also saw a significant 24% growth, with fishmeal and shellfish exports particularly strong.
In agriculture, exports jumped 22%, setting a new record at $12.784 billion, driven by doubled cocoa sales and an 18% increase in fruit exports.Mining contributed with a 16% rise, while the chemical sector grew by 8%.
These figures showcase Perus expanding industrial base.
China dominated as the primary export market, capturing 34% of Perus shipments, worth $25.2 billion.The U.S., India, Japan, and Chile followed, demonstrating Perus diverse market reach.
Asia took 53% of Perus exports, highlighting the strategic importance of this region.
America and Europe absorbed 30% and 16% respectively.Peru Shatters Export Records in 2024, Hits $74.664 Billion.
(Photo Internet reproduction)Desil Len, Minceturs head, credits this success to Perus business communitys resilience and government policies promoting trade.
The year also saw significant infrastructure developments, like the Chancay port, aiming to enhance direct Asian trade links.In addition, this record-breaking export performance not only boosts Perus economy but also strengthens its position in global trade networks.The story behind these numbers is one of strategic planning, resource utilization, and market expansion, painting a picture of a country on the rise in the global stage.