Peru records highest export sales to India among Asian markets

 

South American country Peru generated its highest export sales to India during January-October 2017 with shipments totalling $1.57 billion, as compared to other Asian economies such as China, South Korea, Japan and the UAE. 

According to the country’s Exports and Tourism Promotion Board, Peruvian sales to Asian markets went from $10.53 billion (January-October 2016) to $15.59 billion during January-October 2017

The target markets included China, South Korea, India, Japan, the UAE, the Philippines, Taiwan, Vietnam, Hong Kong, and Malaysia. 

“In particular, Peru’s sales to India registered the highest growth rate by totalling $1.57 billion between January-October 2017, a 126.78 per cent increase over the same term in 2016 ($694.16 million),” a statement said. 

Also, Indian importers have shown a growing interest in Peruvian avocados, leading to a steady increase in its consumption since 2016, it said. 

In 2015, Peru became the second largest exporter of table grapes — Red Globe variety — to India, a position it holds even today. These grapes are typically available in Indian supermarkets between December and April every year. 

Peru’s exports to India also include gold, silver, copper, Sacha Inchi, Quinoa, Camu Camu, among others.