Peruvian banana exports to the Netherlands increase by 33%
In the first 10 months of 2016, Peru’s banana exports racked up a record USD $128.8m, representing a 7% increase from 2015 figures.
Peru’s banana exports are spread over 23 other international markets, including China, Germany, Mexico, Russia and South Korea.
The US saw the largest increase of Peruvian banana importation as compared to 2015, with an 11.3% jump that took sales to US$38.9 million.
Peru’s new plantings in the north helped ensure that the country could keep up with the rising international demand.
Peru’s neighboring country, Ecuador, signed a Free Trade Agreement with the European Union, due to take effect this January 2017. This could make competition more difficult next year for Peru.
Ecuador already has a hold on the bloc, having garnered US$ 1.165 billion from banana exports to the EU in 2015, as compared to Peru’s US$ 115 million that same year.
source: peruthisweek.com
