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LatinNews Daily - 06 July 2021

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In brief: Peruvian exports surpass pre-pandemic levels

* Peru’s foreign trade & tourism minister, Claudia Cornejo, has announced that that Peru’s exports in the first five months of 2021 totalled US$19.67bn, up 43% on the same period in 2020. Cornejo also said that the latest figure represents an increase of 7% on the same period in 2019, indicating that exports are surpassing levels registered prior to the coronavirus (Covid-19) pandemic. The months of April and May registered particularly high growth, of over 100% compared with the same months in 2020. Exports in April grew 104% compared with April 2020 and 3% compared with 2019, while exports in May were up 100.4% on the same month in 2020 and 11.6% on 2019, respectively. According to government estimates, the figures put Peru on track to end 2021 with a 24% growth in exports. Cornejo highlighted as sectors driving growth of exports in the first five months of 2021: the chemical industry, which grew by 329% compared with the previous year; fishing (up 133%); and textiles (up 113%).