The Asia-Pacific region is expected to grow by 3,5% this year, while the global economy is projected to expand by 2,6%. Here are the numbers behind this bloc, which, despite the challenges of the past year, continues to demonstrate resilience.
APEC 2024: Opportunities in the World’s Most Dynamic Trade Bloc
The forum accounts for half of global trade, and Peru’s path in it is slow but steady.
How Will APEC’s Leading Economies Perform in 2024?
For the second consecutive year, Peru is expected to report a growth rate below the average of the trade bloc. The group as a whole is projected to grow above the global average.
Since Joining APEC, Trade Between Peru and the Bloc Has Grown Tenfold: Know Which Countries Saw the Most Exchange
In 2023, trade between Peru and APEC reached $77.976 billion. Copper has been the most significant product in Peruvian exports.
APEC 2024: How Does Peru's Economy Compare to Previous Years as Host?
If achieved, the growth rate projected by the Central Bank of Peru would mark the lowest level compared to prior years when Peru hosted the event.
Destination Indonesia: A Developing Trade Relationship with Peru
Trade with the Southeast Asian country involves a higher volume of imports than exports. Right now, Indonesia accounts for 0.5% of Peru’s foreign trade with international markets.
Reporting: ECData, Economy and Día1
Production: New Narratives EC
