Exports Would Exceed $70 Billion US Dollars In 2021 In Peru


Peruvian exports would exceed $70 billion US dollars in 2021, the year when the bicentennial of independence will be celebrated.

The projection was made by the general director of Economic Promotion of the Ministry of Foreign Affairs (RR.EE.), Silvia Alfaro, according to information from La República.

“At the end of this year, we expect that Peruvian shipments to the world exceed $50 billion US dollars and the goal is to exceed $70 billion US dollars in exports by 2021,” he said.

This was indicated in the presentation of the Business and Investment Guide in Peru 2018 and 2019 and highlighted that Peru is widely recognized as a solid and stable economy that is committed to economic and commercial openness.

In recent years Peru has shown a solid economy reflected in the increase in the Gross Domestic Product (GDP) with an average close to 6% in the last decade, according to information given by Alfaro.

She also highlighted the strengthening of the confidence of the private sector, which was reflected in the announcements of investments in mining for $8 billion US dollars in projects such as Mina Justa, Toromocho and Quellaveco.

Likewise, she considered relevant to promote the development of responsible investments in the social and environmental field. This will allow the Peruvian economy to grow an average of 4.6% during the period 2019 and 2020.

(Cover Photo Pxhere)

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Ermelinda is a journalist from Caracas, Venezuela. She has a Master’s degree in Digital Journalism and a technical degree in Veterinary Assistance she pursued because of her love for animals. She likes to do sports, but especially ballet, which she has practiced for almost 20 years. Her passion is to read, write, and blog about different topics, as well as travel whenever she can.