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Peruvian blueberry exports annual growth was 186% in 2016
Peruvian blueberry exports will experience continuous growth above 12% during the coming four years, underpinned by higher demand from main target markets and greater production, Lima Chamber of Commerce (LCC) projected.
According to LCC's Foreign Trade Research and Development Institute (Idexcam), main markets' demand for said products will likely expand in the coming years.
"Peruvian blueberries are well known abroad as healthy goods. This situation will be taken advantage of by our exporters, who already have enough production to respond to an increase in the demand," Idexcam Executive-Director Carlos Posada expressed.
In this sense, Posada noted the United States is Peru's largest blueberry importer as it received 54% of total exports of this product in 2016.
Other top export destinations are Hong Kong, the European Free Trade Association (EFTA) and the European Union.
It must be noted blueberry exports have registered high growth rates over the last two years. "In 2014, blueberry shipments barely reached US$30 million, but they went up to US$242 million in 2016; that is an average annual growth of 186%," Posada said.
Finally, the LCC representative noted that the Andean country has signed trade agreements with the United States and the EFTA bloc. "They give Peru the opportunity to take advantage of these [export] destinations properly," he concluded.
Publication date: 11/24/2017
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