Donald Trump’s rhetoric constantly keeps foreign trade roughly. A few days ago he announced with imposing tariffs on agricultural products that enter USA As of April 2. “To the great US farmers: prepare to start producing a large number of agricultural products that will be sold within USA”, He wrote on his social networks without […]
Tag: exports
Fed warns that Donald Trump’s tariffs would increase inflation
The president of the Federal Reserve (FED) of USAJerome Powell, said Friday that “everyone is predicting some inflationary effect because of tariffs” taxes by the government of President Donald Trump. In his speech at the Monetary Policy Forum, the president of the Central Bank recognized as “most likely” that the inflationary effects are reflected in […]
Chancay Megapuerto: Peru and Ecuador seek to strengthen their commercial exchange
A few weeks ago, Ecuador opened a new commercial route with China that will connect Guayaquil with Shanghai through the port of Chancay. According to the director of the Exporters Association (ADEX), Doryan Zea, Peru “has great potential to continue strengthening its commercial exchange” with the South American country through the Chancay Megapuerto And this […]
MEF yields to business pressure and formalizes maintaining the drawback: a blind subsidy that will cost almost s/2,000 million to 2026
As promised before the most powerful business unions in the country, the Ministry of Economy and Finance (MEF) This morning officialized a decree that maintains the current rate of drawbacka customs mechanism that returns to exporters part of the tariffs paid by the importation of raw materials used in local production. This benefit, created in […]
How important are exports for the Peruvian economy?: BCRP reports that it represents more than 25% of GDP
The Central Reserve Bank of Peru (BCRP) reported that Peruvian exports They reached US $ 75,916 million in 2024, representing an annual increase of US $ 8,398 million, equivalent to 12.4%. This amount corresponds to 26.2% of the internal gross product (GDP) and exceeds 25.2% registered the previous year. It should be remembered that the […]
Export jobs grew, but more than 64,000 were lost in five sectors
From January to December 2024, the jobs Associated with exports – including direct, indirect and induced – added around 4 million 428,000, 15% more than the previous year (3 million 851,000), reported the Research Center of Economy and global businesses of the Association of Exporters hundred-ADEX. The report revealed that the positions of job of […]
This country in South America became the ninth world exporter of coffee for US $ 1,103 million: it sells to the United States and Europe
The coffee exports Peru reached a total of US $ 1,103 million in 2024, which represents an increase of 33% compared to US $ 829 million reported in 2023. This information was provided by the Ministry of Agrarian Development and Irrigation (Midagri). The amount reached is positioned among the highest, which exceeds US $ 1,221 […]
“Chancay Express” started: this is the service that will bring together Latin American exports in the Chancay megaport for Shanghai
THE SERVICE “Chancay Express”, Which will seek to optimize the commercial connection between the port of Chancay in Peru, the port of Iquique in Chili and Shanghai in Chinait has already been launched. With weekly devices, this new service aims to facilitate the transport of goods from South America to Asia, promoting greater efficiency in […]
The Peruvian sun would be positioned as one of the most stable currencies against the dollar in South America: these are the reasons
In recent days, a notable decrease in the price of the dollar has been observed, which has generated positive expectations in the exchange market. This is because the sun is around S/3.60 following different factors that have promoted the appreciation of the Peruvian currency in early 2025. In particular, the professor and researcher at the […]
Peru exported cotton t-shirts for US $ 386 million, even below its historical record
At the end of 2024, Peruvian exports of cotton T-Shirts added US $ 386 million 550,000, and recorded a growth of 17.9% compared to the exercise of 2023 (US $ 327 million 845,000), according to the Exporters Association (ADEX). However, the amount achieved in 2022 (US $ 448 million 463,000) was not reached and is […]