Peru's Agricultural Exports at Risk Amid Coastal El Niño Challenges
Peru's agricultural export sector faces potential setbacks due to heavy rains and floods caused by the coastal El Niño phenomenon. With 6,000 hectares of fruit crops already damaged, further impacts on exports like blueberries and mangoes are feared. Authorities predict significant economic losses across various sectors.
Peru's agricultural export industry is bracing for challenges as heavy rains and floods, triggered by the coastal El Niño phenomenon, threaten local fruit plantations.
Gabriel Amaro, leader of the agricultural producers' association, reported damage to 6,000 hectares of crops, with further risks looming. Despite last year's record-breaking export value of $15 billion, growth may slow this year.
The Lima Chamber of Commerce warns of potential losses amounting to $85 million daily in affected regions. The government's state of emergency declaration highlights the severity of the situation amid fears of another disruptive global El Niño event.
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