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«AgroInvest» — News — Peru's agricultural exports grow 27.8% year on year

Peru's agricultural exports grow 27.8% year on year

2010-11-22 11:59:36

Peru's agricultural exports grew 27.8 percent in the first nine months of 2010 compared with the same period in 2009, Peru's Agriculture Ministry said on Sunday.

The value of the exports reached 2.224 billion U.S. dollars and it is expected to surpass 3 billion dollars by the end of this year, due to a 15.9 percent growth of production and international food price hike.

The ministry's Economic and Statistic Studies Office said that the products with greater demand were coffee, fresh asparagus, fresh Red Globe grapes, and paprika.

While traditional products led by coffee and sugar cane constitute about 26 percent of the total export volume, non-traditional exports led by asparagus, cochineal, grapes, mangos and avocados, constitute 74 percent.

The main destinations of these products were China, the United States and the European Union.

People's Daily