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The Peruvian agro-export sector has experienced sustained growth in recent years, becoming an important engine of the national economy. In 2022, Peruvian agricultural exports reached a value of US$ 10.5 billion, a growth of 1.4% compared to the previous year.
This growth is driven by a series of factors, including:
- The increase in global demand for Peruvian agricultural products: Peru is a country with a wide variety of high-quality agricultural products, which are increasingly in demand by international consumers.
- The opening of new markets: Peru is negotiating trade agreements with various countries, which will allow it to access new markets for its agricultural products.
- Investment in the agricultural sector: The Peruvian government is promoting a series of initiatives to promote investment in the agricultural sector, which will contribute to improving the productivity and competitiveness of Peruvian agro-exports.
Trends for 2024:
Peruvian agroexports are projected to continue growing in the coming years, reaching a value of US$11 billion in 2024. This growth will be driven by the following trends:
- Growth in shipments of fresh and processed products: Shipments of fresh and processed products are expected to continue growing in the coming years, driven by increasing global demand for these products.
- Development of new markets: Peru is exploring new markets for its agricultural products, such as China, India and the Middle East.
- Innovation in the agricultural sector: The Peruvian agricultural sector is betting on innovation to improve the productivity and competitiveness of its exports.
How will Peru position itself as an agro-export power in 2024?
To position itself as an agro-export power in 2024, Peru must continue betting on the trends mentioned above. Additionally, you must:
- Improve logistics infrastructure: Peru needs to improve its logistics infrastructure to be able to transport its agricultural products efficiently and in a timely manner to international markets.
- Strengthen associativity: Peruvian agricultural producers must strengthen their associativity to be able to negotiate better prices and conditions with international buyers.
- Promote research and development: Peru must invest in research and development to develop new agricultural products and processes that are more productive and competitive.