Tag: Exports

A 17-year trade fight that comes to an end: this has been the ‘battle’ between the EU and the US for Boeing and Airbus
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A 17-year trade fight that comes to an end: this has been the ‘battle’ between the EU and the US for Boeing and Airbus

The European Union and the US have put end to trade dispute between the American Boeing and the European Airbus through an agreement that extends the suspension of tariffs for a period of five years, the United States Trade Representative, Katherine Tai, announced on Tuesday.In a phone call with journalists, Tai specified that the agreement provides for extending the suspension of mutual tariffs for five years, starting on July 11.Even so, the US official indicated that her country will maintain the suspension "as long as the EU's support for Airbus is consistent with the terms of the agreement", that is, that don't cross any "red line and US manufacturers can compete fairly. " Ta...
LatinFocus raises Peruvian export growth forecast to 19.5% for this year
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LatinFocus raises Peruvian export growth forecast to 19.5% for this year

A LatinFocus report raised its projection for this year for the Peruvian exports, from 18.9% to 19.5%. With this rate, the country would achieve higher growth than the average of Latin America.According to the FocusEconomics Consensus Forecast, this regional advantage would continue for the next three years. Specifically, they would grow 19.5% in 2021, 5.1% in 2022, and 6.2% in 2023. The average for Latin America would be 13.3%, 4.4% and 5% for each year, respectively. .SIGHT: Mincetur on FTA with India: “The talks have been held virtually, [pero] without substantive advances "In 2021, Peru would achieve the second highest growth in its dispatches, only behind Bolivia, which would advance 20.8%, according to LatinFocus experts.It will be followed by shipments abroad from Colombia (17.2%)...
Accumulated trade surplus to April totaled US $ 10,031 million, according to the BCR
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Accumulated trade surplus to April totaled US $ 10,031 million, according to the BCR

The surplus of the balance of trade accumulated in the last 12 months continued to increase in April 2021, reaching an annual accumulated level of US $ 10,065 million, according to the Central Reserve Bank of Peru (BCR).The trade balance registered a surplus of US $ 424 million in April, versus the deficit of US $ 463 million registered in the same month of 2020. With this, it achieved a surplus result of US $ 3,011 million in the first four months of 2021.SIGHT: BCR: Business expectations for the 3-month economy recovered in MayExports reached US $ 4,399 million in April, 136% and 16% more compared to the same period of 2020 and 2019, respectively.This evolution responded to the increase in export prices compared to previous years and in volume in the case of the comparison with April of...
Argentina again sells chickens to Europe
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Argentina again sells chickens to Europe

The European Union (EU) approved yesterday the entry again of poultry meat produced in Argentina, after the National Service of Agrifood Health and Quality (Senasa) carried out corrective measures in the system of health and certification of meat and poultry products. Exports had been inactive since last March 13, when Senasa decided to self-suspend shipments until May 31 to correct shortcomings in the laboratory and passive surveillance detected by an EU audit in 2019. In a virtual meeting, the Directorate General Health and Food Safety (DG Santé) of the EU confirmed that "the corrective measures taken by the Argentine organization satisfy the observations made during the virtual audit at the end of 2020" and therefore accepted the lifting of the self-suspension...
Proarándanos: “Our priority is to open markets in Asia” |  INTERVIEW
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Proarándanos: “Our priority is to open markets in Asia” | INTERVIEW

According to the criteria ofKnow moreThe blueberry It is one of the star products of Peru, which is why the opportunities that are visualized for its better use are ambitious for the future. Recently, the 2019-2020 campaign was closed and Luis Miguel Vegas, general manager of Proarándanos, spoke with El Comercio to announce the results of the previous months.- What were the figures left by the 2020-2021 campaign?Last season, Peru exported a total of 163,000 tons of fresh blueberries to more than 30 countries in the world. This volume represents an increase of 36% in relation to the last campaign, which was that of 2019-2020. Of the volume of the campaign that happened, 54% was sent to the United States, which is our main market. 35% were sent to Europe and 11% were sent to Asia.SIGHT:...
The Liaison Table goes to the lockout
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The Liaison Table goes to the lockout

The Liaison Table of agricultural entities called this Tuesday a cessation of activities of all categories of cattle in rejection of the closure of meat exports announced by the national government to try to contain the rise in prices in the domestic market. The lockout of the agricultural employers will be from Thursday 20 to Friday 28 MayThrough a statement, the commission made up of the Argentine Rural Society (SRA), Coninagro, Argentine Rural Confederations (CRA) and the Agrarian Federation (FAA) announced that they will give a press conference in which they will expose "the displeasure of the producers and our rejection of an export closure that will undoubtedly harm all of Argentina ”.This Monday night the national government announced the decision to suspend beef exports for 30 days...
Taking care of exports and imports: What do the candidates propose in terms of foreign trade?
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Taking care of exports and imports: What do the candidates propose in terms of foreign trade?

According to the criteria ofKnow moreBetween 2000 and 2019 the total exports They have multiplied by almost seven times, and the non-traditional ones, which generate greater added value, almost doubled, according to estimates by Cómex-Peru. This has been the result of a trade openness policy that Peru has maintained in the last two decades, and which is reflected in the 22 current trade agreements and a few more that are on the way.Therefore, the foreign trade It is a very important sector for the Peruvian economy, and it is also in the sights of the proposals of the candidates for the presidency of Peru.READ ALSO: Why shouldn't candidates promise to create millions of new jobs?In the government plan of Together for Peru, for which he postulates Veronika Mendoza, it is proposed, for exam...
Portuguese wine exports rise to over 200 million by March
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Portuguese wine exports rise to over 200 million by March

Portuguese wine exports grew 13% in the first quarter, compared to the same period of the year, to more than 200 million euros, according to ViniPortugal data released today. The first quarter of 2021 was quite positive for Portuguese wine exports, compared to the same period in 2020. […] The first quarter of 2021 saw an increase of 13% in exports compared to the same period in 2020, having surpassed 200 million euros ”, indicated, in a statement, ViniPortugal. By market, Finland was the country that registered the highest percentage increase, with an increase of 42.20% until March (3.38 million euros). This is followed by Poland, which advanced 37.74% (7.15 million euros), Norway, with a further 32.21% (3.32 million euros) and Den...
Exports exceed pre-pandemic levels in the first quarter, Mincetur reported
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Exports exceed pre-pandemic levels in the first quarter, Mincetur reported

The Peruvian exports recorded in the first quarter of 2021 exceeded the levels reached before the COVID-19 pandemic, reported the Ministry of Foreign Trade and Tourism (Mincetur).Last year, after the declaration of a health emergency due to the expansion of COVID-19, Peruvian exports fell 10% in the first quarter (from US $ 10,943 to US $ 9,895 million) and more than 40% in the second quarter, registering in this last period the lowest quarterly value in recent years (US $ 6,678 million).SIGHT: CCL: Exports of the textile and apparel sector grew 22.7% in the first quarter of the yearIn 2021, various sectors of the peruvian economy, including agriculture, textiles and chemicals, recorded export values ​​in the first quarter that exceeded the figures recorded in 2020 (pandemic) and 2019 (pr...
Exports grew 12.6% in the first quarter to add US $ 11,000 million, according to Mincetur
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Exports grew 12.6% in the first quarter to add US $ 11,000 million, according to Mincetur

The Ministry of Foreign Trade and Tourism (Mincetur) reported this Wednesday that Peruvian exports reached US $ 11,141 million in the first three months of 2021, which represented an increase of 12.6% compared to the same period last year.The result was mainly explained by the rise in the prices of the main export commodities, as well as the lower impact that the health measures applied to control the COVID-19 pandemic have had this year.SIGHT: Withdrawal of CTS can be requested from today: What must be known to make it effective? | VIDEOClaudia Cornejo, head of Mincetur, indicated that there were higher sales of non-traditional (17.9%) and traditional (10.2%) products. Only in March, export growth was 31% with sales of US $ 3,619 million.Between January and March, the small sector was...