Export Crises and Import Powerhouses: Peru’s Trade in Focus
Uncovering Top Polyester Yarn Fabric Suppliers to Peru
Polyester yarn fabrics (HS5406) saw contributions from multiple suppliers. HUIZHOU XRC YARN FACTORY and Yiwu Kaitian Import & Export Corp both led with exports around $11.7K each.
Other players like Dollar General, Truper, and BRILLIANT OCEAN TRADING (YIWU) CO LTD) contributed more modestly with exports between $4.9K and $9.4K.
Peru’s Strawberry Exports Drop by 61% in 2024
Overview: Peru’s strawberry exports (HS 081110) faced a significant decline of 61%, dropping from $28.4M in 2023 to $11.16M in 2024. Major importers like the United States, Canada, and Guatemala saw substantial reductions in their import volumes.
Key Markets:
Canada saw a 42% drop, importing $4.38M in 2024 compared to $7.5M in 2023.
The United States witnessed a sharp decline of 70%, falling to $2.98M from $9.84M.
Guatemala experienced one of the most significant reductions, down 91% to $526K.
Growth in Specific Markets:
Japan was one of the few major markets that showed growth, increasing imports by 20% to $1.06M.
Panama also recorded a slight increase of 4%, with imports rising to $356K.
New Markets:
France and Thailand emerged as new markets in 2024, with France importing $48.6K and Thailand importing $46.8K.
Trinidad & Tobago also joined the market, importing $49.8K.
Guadalupe made its debut with imports of $27K.
Declining and Disappearing Markets:
Puerto Rico saw a massive drop of 96%, with imports reducing to just $15.4K.
Mexico, which imported $1.18M in 2023, did not import any strawberries in 2024.
Other markets such as the United Kingdom, Belgium, and the Netherlands also ceased importing in 2024.
Conclusion: The sharp decline in Peru's strawberry exports highlights a challenging year for the industry, with significant losses in key markets like the United States and Canada. However, the emergence of new markets such as France, Thailand, and Trinidad & Tobago provides a glimpse of potential recovery for the sector.
Major Importers in Peru for Polyester Yarn Fabrics
In Peru, Entex took the lead in importing polyester yarn fabrics (HS5406) with $78.9K, followed by EXSA S.A. with $35.2K.
Other importers included Incalpaca at $12.9K, Solana Comercial with $9.4K.
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