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Maura Maxwell



Sharp rise in Peruvian exports to South Korea

Shipments have increased by almost 35 per cent since FTA came into force

Sharp rise in Peruvian exports to South Korea

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A surge in fruit shipments have helped lift Peruvian exports to South Korea by nearly 35 per cent following the signing of the Free Trade Agreement, according to Peru's ambassador in Seoul, Jaime Pomareda.

He explained that in 2010, prior to the entry into force of the agreement exports to that country amounted to US$896m. In 2014, after three years of the FTA, Peru's exports to the Asian country reached US$1.208bn.

Table grapes, organic bananas and coffee are among the main agricultural products shipped to South Korea.

In statements to Andina news agency, the diplomat explained that the sectors that have experienced the greatest increase are agriculture, fishing and steel.

Pomareda singled out organic mangoes and chocolate as two further products that have the potential to do well in South Korea.



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