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Peru Agro Exports Up 19.6% Through October as Industry Presses for 2026 Rules

Growth prospects hinge on Midagri issuing the regulation for Law 32434 before incentives begin on January 1.

Overview

  • Midagri reported US$11.569 billion in agrarian export sales from January to October, a 19.6% increase from a year earlier.
  • Non-traditional shipments reached US$10.157 billion, up 17.2%, while traditional exports totaled US$1.412 billion, up 40.9% on higher coffee sales.
  • Blueberries led with US$1.806 billion, followed by avocados at US$1.353 billion, fresh grapes at US$864 million and raw cocoa at US$844 million.
  • The United States and the Netherlands remained the top markets, with the top ten destinations accounting for 76.5% of export value.
  • ADEX urged Midagri to expedite the implementing regulation of the new agrarian promotion law, and CIEN‑ADEX projects agroindustry could reach US$13 billion in 2025 and US$14.169 billion in 2026 if rules arrive on time.