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LatinNews Daily - 11 August 2021

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In brief: Peru sees historically high exports

* Peru’s tourism & foreign trade minister, Roberto Sánchez, has reported that the country’s exports totalled US$24.44bn in the first six months of 2021. This represents a 47% increase on the first half of 2020, and is the highest value ever registered for the period in recent years. Sánchez explained that the positive result was due to higher commodity prices and the sustained recovery of national production in the wake of the economic crisis caused by the coronavirus (Covid-19) pandemic. The minister highlighted that traditional exports (US$17.2bn) and non-traditional exports (US$7.2bn) increased by 50.4% and 40.7%, respectively. Sánchez further noted that exports rose across all sectors and cited the fisheries sector (+119%), the textile sector (+87%), and the metallurgical sector (+117.5%) as being the most dynamic.