Investing in Agribusinesses

• High farming yields compared to the rest of the world.
• Seasonal windows in the most important international markets.
• Over US$2,500 million in fresh and processed product exports to more than 113 countries.
• A large variety of products with high export potential.

Agribusiness export bases

With its location close to the Equator, the Peruvian territory receives vertical solar radiation at midday, a characteristic that favors a more efficient photosynthesis and improves production, both in yields per hectare and growth rates in most crops. Our geographic location also allows Peruvian farmers to arrive sooner than its competitors in the southern hemisphere to the North American, Asian and European markets with off-season products.

Peru is expected to experience substantial growth in the number of hectares dedicated to vegetable and fruit exports.

Specialization in Export Vegetable and Fruit Production

Peruvian total exports have grown at a fast pace over the past few years, from US$7,665 million in 2002 to US$35,000 million in 2010, thus becoming a key variable in the country's economic development.

A characteristic that distinguishes Peruvian exports is their diversity. Furthermore, farm produce exports are noted by their increasing diversification in both products and destination markets where non-traditional agricultural and livestock product exports accounted for 6.8% of total exports and US$1,825 million in 2009.

Between 1990 and 2008 agribusiness exports from Peru increased more than 16 times going from US$119 million to US$1,912 million (excluding coffee exports). Peru can boast the highest growth rate at global level in such products as asparagus, paprika (bell pepper), artichoke and avocado. Other high agricultural export potential products being developed include mangoes, citrus, grapes, peppers, beans, bananas and onions. Sugar cane, corn and cotton are other products with high potential for development.

The diversity of climates and ecologic environments in Peru, its potential to supply off-season products, the greenhouse effect in our coasts and the availability of farm land offer the best conditions to replicate the success stories of asparagus and paprika, for which we are world leaders.

Peru Promotes Biofuel Production

The exceptional weather and soil conditions in Peru combined provide one of the highest sugar-cane yields (more than 100 tons per hectare in several productive areas), with the additional advantage that its harvest can be staged over all 12 months of the year. Sugar cane is the main supply for ethanol production and Peru offers large potential for its production.

Peruvian legislation promotes ethanol production and to such end, the PROBIOCOM program, chaired by ProInversion, a body including representatives of the Energy and Mines Ministry, the Production Ministry and the Agriculture Ministry, aside from PetroPeru and other public institutions, works closely with private institutions related to this development.

Investments in the biofuel sector in Peru have been increasing and would exceed US$400 million in three years, according to the Special Biofuel Committee of the National Industrial Association (SNI).