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Ekonomi

Peru breaks record in agricultural exports: 2025 surpasses $15 billion mark

La República
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Peru has achieved a historic success in agricultural product exports, reaching a significant milestone by hitting the $15 billion mark in 2025. Speaking at the Agrofest 2026 event organized by the Association of Agricultural Producer Unions (AGAP), Minister of Foreign Trade and Tourism Berthin Gómez detailed the sector's success and its performance in 2026. The Minister announced that following record levels in 2025, the sector recorded a growth of 7.3% in the first four months of 2026. This growth was driven by strong increases in products such as avocado, blueberry, grape, and coffee, reinforcing the country's goal to enter the top 5 among world fresh fruit suppliers. The sector has maintained its growth trend for 13 consecutive years, managing to raise its share in the country's total exports to 16.5%.

This vibrancy and export increase in the agricultural sector stand out as a significant factor creating economic development and employment across the country. A large part of the exports, 81%, are produced in regions outside the capital Lima, playing a critical role in correcting the country's uneven economic structure and spreading development in a decentralized way. More than 65% of the produced products were sold to the United States and European Union markets, serving as proof of the high quality and trust these countries have in Peruvian agricultural products. The Ministry of Foreign Trade and Tourism (Mincetur) stated that through the Export and Tourism Promotion Commission (PromPerú), they follow a comprehensive promotion agenda to facilitate the participation of Peruvian companies in international fairs and increase their export potential.

Future economic projections also give strong signals that the country's foreign trade performance will improve further. According to estimates by the Central Reserve Bank of Peru (BCR), total exports are expected to reach $118 billion in 2026, breaking another record. This increase will be recorded as a realization significantly above the $90 billion shipment figure reached last year. The Bank also predicted that exports will rise to $120.758 billion in 2027 and the trade surplus will exceed $48 billion, emphasizing that the country will continue to strengthen its current account balance.

One of the main driving forces behind the estimated trade increase is shown to be the expected significant improvement in the country's terms of trade. An improvement of 18.3% in terms of trade is predicted by the end of 2026, allowing Peru to generate more revenue from its exports relative to the cost of international purchases. This positive outlook is based on the expectation of a 25.6% increase in the prices of export products. This price increase will optimize the value of local products, increase competitiveness against imported goods, and make the growth trend in the country's trade balance permanent.

On the other hand, Minister Gómez emphasized the positive impact of shipment increases not only in the fruit and vegetable sector but also in strategic agricultural products such as coffee and cocoa on the general economy. The momentum in coffee and cocoa exports goes beyond consolidating the success achieved in 2025, solidifying the country's position in the global agricultural arena. In light of this data, promotion efforts and strategies to open up to international markets, continuing with public-private cooperation, are moving forward to make Peru a giant player in world agricultural exports. Industrialists and growers continue their determination to open up to new markets and maintain their shares in existing markets for the sustainability of this growth.

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