Trade among the CAN countries shows 35 percent growth in 2010

Lima, March 14, 2011.- The acting Secretary General of the Andean Community, Adalid Contreras Baspineiro, reported today that trade among the Member Countries of the Andean Community showed 35 percent growth in 2010, compared with the previous year.

He revealed that the last Statistical Report unveiled by the Andean organization stated that between 2009 and 2010, intra-Community exports rose from 5 774 to 7 810 million dollars –-in other words, trade in 2010 produced two billion dollars more than in 2009.   

“This means that in 2010, trade between our four countries not only returned to its highest pre-international crisis level of 2008, but also rose beyond that level,” the acting Secretary General stressed.   

He emphasized that the exports of all the CAN countries to the Andean market showed important growth rates:  those of Colombia rose 45 percent; those of Ecuador, 34 percent; those of Peru, 29 percent and those of Bolivia, 19 percent.

As regards extra-Community exports, Adalid Contreras reported that these expanded 25 percent, climbing from 71 906 million dollars in 2009 to 90 192 million in 2010.

Peru’s extra-Community exports expanded 32 percent (from 24 571 million dollars in 2009 to 32 502 million in 2010) and those of Bolivia rose 29 percent, to reach a cumulative figure of 6 077 million dollars in 2010, in comparison with 4 714 million the previous year. Ecuador’s exports, for their part, showed growth of 26.5 percent and those of Colombia, of 19 percent.

2010 Intra-Community Exports
(Millions of dollars)

EXPORTER

COUNTRY

DESTINATION COUNTRY

Total Intra- Community Trade

% Change 2010/2009

Bolivia

Colombia

Ecuador

Peru

Bolivia

--

236

17

383

636

19.0

Colombia

107

--

1,824

1,132

3,063

44.8

Ecuador

14

785

--

1,32 8

2,127

34.1

Peru

381

787

816

--

1,984

29.0

Total Intra-Community trade

7,810

35.3