Peru is an important player in South America’s pulse trade, both as an importer and as an exporter. Pulses are a staple of the Peruvian diet, and the country imports significant volumes of lentils, dry peas and chickpeas. On the export side, Peruvian blackeye peas and large lima beans are renowned worldwide, and the country is also a supplier of pigeon peas and yellow peas. Overall, Peru supplies pulses to more than 45 markets across the globe.
Earlier this month, after a hotly disputed election that threw the country into political turmoil for weeks, former schoolteacher and union leader Pedro Castillo emerged as Peru’s new president-elect. His ascendancy to the presidency on July 28 has cast uncertainty over the nation’s economic future. Since the first round of the election in April, Peru’s currency has suffered a marked devaluation that is sure to impact the purchasing power of the country’s importers.
For the industry insider’s take on how Peru’s changing political and economic landscape will affect the trade, be sure to catch the Peru: Export/Import Outlook panel on July 29 at 14:30, featuring the participation of:
Gonzalo Isasi, Aplex Peru
Raul Caballero, USA Dry Pea and Lentil Council
Enrique Bianchi, Nexus Peru Foods
Jorge Alfaro, Costeño Alimentos
Jorge Fernandez Gil, Agro Fergi