The Central Reserve Bank of Peru (BCRP) reported that traditional and non-traditional exports accumulated their third consecutive year of growth in 2023. According to the highest issuing entity, shipments were boosted thanks to higher shipments, in the case of traditional ones, and by prices, in the case of non-traditional ones. In this way, sales abroad […]
Tag: exports
Ecuador ratifies the trade agreement with China amid fears of indigenous people and environmentalists
The National Assembly (Parliament) of Ecuador ratified this Wednesday the trade agreement signed last May with Chinamaking it the fourth country in Latin America to launch a free trade agreement with the Asian giant, after Chile, Peru and Costa Rica. The agreement was ratified by the plenary session of the Assembly with 76 votes in […]
APEC 2024 and the opportunity to relaunch the Peruvian economy
Starting this week (February), a series of key activities related to the Asia-Pacific Economic Cooperation Forum (APEC) will begin, which this year will have Peru as host, and it will do so for the third time. This economic block is vital for the country, since about 70% of our exports are directed there. An example […]
The United States announces a temporary suspension of liquefied gas exports to some countries
The government of USA announced this Friday that it will temporarily suspend exports of liquefied natural gas (LNG) to countries with which it does not have free trade agreements. This decision will not affect exports of liquefied gas to allies of USA in Europe and Asia, even if the countries in question do not have […]
Previous information to maintain the reliability of the Panama Canal in the midst of crisis
He Panama Canal works to maintain its reliability and competitiveness by providing prior information to its clients in the midst of the severe drought that has forced it to restrict the daily passage of ships through the route, the only water route, to 24, out of an optimum of 36. sweet in the world, its […]
Violence crisis in Ecuador hits tourism, but exports resist
The images of the assault on Tuesday at a television station in Ecuadorwhich went around the world, and the subsequent declaration of an “internal armed conflict” in the country have caused the tourism union to see “many canceled reservations” from international tourists, in a blow that they fear will be even worse than the pandemic […]
China’s exports fall in 2023 for the first time in seven years
China’s exports registered their first decline in seven years in 2023, according to official data published this Friday, figures that reveal the tension with the United States and the impact of the weak recovery of the global economy. Exports fell 4.6% in 2023, the first annual contraction since 2016. In the last two months of […]
Ukraine succeeds in the Black Sea by keeping out a Russian navy
The sinking of the landing ship “Novocherkassk” in Crimea crowns the main success of Ukraine in 2023 to move the Russian fleet away from Black Sea from its coasts and open a commercial corridor to renew the exports from some of its ports. All publicly available evidence, including videos and photos from the scene, points […]
Mincetur: Peruvian exports would close to over US$63,000 million in 2023
The Minister of Foreign Trade and Tourism, Juan Carlos Mathews, reported that Peru’s total exports would close 2023 above US$63,000 million, equaling the 2022 record of US$63,193 million. In dialogue with Radio Nacional, the head of Mincetur highlighted that this year “new markets” have been opened for Peruvian exportable supply. Among these destinations, Hong Kong, […]
Exports grow for the second consecutive month in October, according to Mincetur
The owner of the Minister of Foreign Trade and Tourism (Mincetur)Juan Carlos Mathews, reported that Peruvian exports in the month of October reached US$5,646 million, a growth of 6.4% compared to the same month of the previous year. With this increase, national shipments to the foreign market grew for the second consecutive month, important news […]