Weekly Report - 06 April 2017 (WR-17-13)

PERU | Export surge to be held up by rains. Peru’s exports increased by 38.6% to reach US$6.66bn during the first two months of 2017 compared to the same period last year, the country’s foreign trade & tourism minister, Eduardo Ferreyros, reported on 4 April. The result was driven by a 56.7% increase in traditional exports, whereas non-traditional exports increased by 4.9%. The sectors that registered the most significant increase were the oil and gas sector, which saw exports jump by 140.4%, and the fishing sector, which saw exports increase by 134.3%. Meanwhile exports from other key sectors such as mining (44.2%) and agriculture (34.8%) also registered significant increases.