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Peru's export sector to create 310,000 jobs in 2017

Peru is expecting increased exports this year and as a positive consequence 310,000 new jobs are expected to be created directly, reported the Association of Peruvian Exporters (ADEX). This increase is a 9.6% increase from 2016.

According to the exporters association, the improved export situation might lead to 100,000 direct, 38,000 indirect and 172,000 induced new jobs, depending on the measures contributing to the sector's competitiveness.

A survey conducted on businessmen revealed that productivity-oriented innovation and the attempt to diversify exports is a key issue on the agenda, as is red tape and legal barriers, and the development of new promotional strategies that adjust exports to the markets' new conditions.

In February last year, Peru saw the largest drop in exports over the past six years (US$33.24 billion) and since then, except for industry, shipments have experienced an upward trend, with an average growth rate of 5% at the end of 2016.

source: adina.com.pe
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