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Peru eyes Central America for ag exports as US access cut off

Some Peruvian products may not make it to Florida (United States) given the emergency situation caused by the hurricanes, so Central America has become an interesting alternative market, the Costa Rican Ambassador to Peru, Melvin Saenz Biolley, said.

Saenz asserted the current hurricane alert and reconstruction works will prevent Peruvian shipments from entering the State of Florida. In this context, Central America emerges as a profitable solution to the impacts of U.S. weather events for Peruvian products. 

"Since its coming into force in 2013, the Peru-Costa Rica Free Trade Agreement has opened up new markets in Central America, as Costa Rica is the entry point to such regions," the diplomat was quoted as saying. 

"In this sense, Peruvian food products, flowers, fruits, vegetables and various perishable goods destined for Miami (Florida), can now head to Central American nations without any problem," he added. 

The Costa Rican Ambassador said the current balance of trade between the two countries was in favor of Peru. In 2016, Costa Rica-Peru trade amounted to US$85.1 million. Likewise, Peru's trade surplus reached US$34.7 million. 

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