Peruvian fishermen have faced three consecutive years of instability associated with the occurrence of El Niño. Since 2014 the climate cycle has weakened the supply of anchovy, the sector’s prime catch, with negative impacts on exports of fishmeal and fish oils. Despite a weak performance in 2016, the sector’s recovery is expected to gain...
Home to high-quality materials such as pima cotton, alpaca and vicuña wools, among others, Peru has long been a competitive producer of clothes for both local and international markets.
As the world’s third-largest producer of copper and zinc and with the sixth-largest gold reserves, for a country with a population of just 30m people, Peru has historically commanded a large presence in the global commodities market. This was especially true over the 10 years spanning 2002-12, when prices increased substantially during the...
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