The opening months of 2018 were a trying time, with strikes by potato growers from nine regions protesting the falling price of the crop and demanding support through the purchase of surplus volume by the government. Indeed, according to the Ministry of Agriculture and Irrigation (Ministerio de Agricultura y Riego, MINAGRI), the prices of...
The fishing sector got off to a strong start in 2018, with 777,000 tonnes caught in January – a year-on-year increase of 7.5%. Based on the year’s healthy opening catch, the Ministry of Production expects the 2018 volume of output to be 38% more than the previous year, although that estimate depends in part on oceanographic conditions...
The aviation sector is experiencing rapid growth worldwide, propelled by booming tourism industries, lower air fares and the push for greater connectivity in an increasingly globalised economy. Middle-class expansion has also spurred growth in air travel, as more people are able to afford flights for holidays or business-related travel....
For a country of Peru’s size, measuring 1.2m sq km, the national railway system remains rather limited. As of 2017 the total network comprised 1939.7 km of track, which has expanded approximately 40 km in the past decade. Railways have shown a particular deficit at both the urban and provincial level; however, 2017 and 2018 have seen momentum...
The transport sector remains a vital aspect of Peru’s economic success, growing by 2.30% in 2016, and by an average of 2.26% in the first eight months of 2017, according to the National Institute of Statistics. This expansion was driven by a 3.05% increase in airport transit, a 4.26% growth in railway transport, as well as respective increases...
After several years of decline, industrial exports grew by 10.3% in 2017 to reach $4.8bn. This was due to a 4.3% increase in the shipment of chemicals, which hit over $1.4bn, and a 16.8% rise in iron and steel to total $1.2bn. These encouraging figures continued through to 2018. The Association of Exporters (ADEX) reported that industrial...
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