AGP Executive Report

Traditional Exports Surge: Peru’s traditional exports hit US$7.709B in May 2026, up 52.2% year-on-year, driven by higher prices for copper, gold and lead; volumes rose 8.8% as shipments of refined copper and concentrates increased, while anchoveta-linked fishery exports fell due to lower biomass. Trade & Diplomacy: The U.S. announced a presidential delegation to Lima for Keiko Fujimori’s inauguration (July 28), led by Deputy Secretary of State Christopher Landau. Fresh & Food Safety: A new push on food safety systems is underway across 10 Latin American countries including Peru, led by PAHO/WHO, FAO and the University of Minnesota, supported by STDF. Climate Risk to Food: With Super El Niño odds rising, Peru is bracing for impacts on agriculture and fisheries, including anchovy fishing pauses tied to warmer waters. Energy & Industry Links: Peru’s minerals-and-defense-and-green-energy cooperation with South Korea was highlighted by the Peruvian ambassador, signaling continued investment interest beyond trade.

Peru Youth & Church Service: Pope Leo XIV urged young people in Peru’s Chota and Cutervo prelature to embrace a “holy rebellion,” turning hardship into hope through joyful service. Fresh Food & Supply Chains: Peru’s port and fresh-produce logistics keep coming up, including coverage on Chancay and how AI could simplify fresh trade like e-commerce. Mining & Metals Watch: Peru remains in the copper conversation as Chile disruptions and forecasts widen the gap between surplus and a potential structural deficit. Digital Growth in Peru: A separate push highlights Peru’s push for digital growth via internet expansion and AI integration. Health & HIV Prevention: Coverage on lenacapavir and PrEP focuses on whether new options can help at-risk groups—an angle relevant to Peru’s public health planning. Regional Politics: Milei’s Latin America tour includes a stop in Peru, underscoring how far-right alliances are reshaping the region’s political calendar.

Human Trafficking Watch: Peru prosecutors opened investigations after hundreds of citizens were allegedly lured into Russia-bound “non-combat” jobs that turned into forced front-line contracts, with passports seized and documents signed in Russian. Mining & Metals Outlook: Analysts lifted 2026 copper and silver price forecasts on structural supply deficits, with copper targets pushed higher as supply response lags demand tied to AI and the energy transition. Fresh Logistics: Peru’s Chancay port gets a spotlight as a key move for grain and broader trade flows, while fresh-produce logistics coverage also points to how faster routes and cold-chain reliability can make exports more competitive. Agriculture & Trade Pressure: US tariff moves on 60 economies are flagged as a new risk for export-led agriculture, with Peru and regional rivals named among affected competitors. Peru Policy & Risk: Peru is also bracing for El Niño impacts on citrus, with late-season mandarin volumes reportedly down sharply. Regional Security Training: RIMPAC drills included Peru in land-assault amphibious training, underscoring Peru’s participation in wider maritime security exercises.

Peru Fresh Trade & Logistics: Peru’s fresh-produce exporters get a rare lift as direct London flights resume, cutting transit time and protecting the cold chain—exactly the kind of operational win that can translate into better UK competitiveness. Mining & Metals Watch: Copper supply risk is back in focus: Chile disruptions and forecast splits are widening between conservative and deficit-leaning outlooks, keeping Peru-linked mining investors on edge. Peru Industry Policy & Compliance: Peru’s mining governance remains under scrutiny as a South American trade bloc’s top court takes up an unprecedented illegal mining case—another reminder that regulatory pressure is rising across the region. Food & Health Safety: Lead, mercury and arsenic pollution in Peruvian schools is flagged as a serious health threat, raising pressure on public health and compliance standards. Digital & Connectivity: Peru’s push for digital growth—internet expansion and AI integration—signals a continued push to modernize services and industrial operations.

Mining & Permits: A new wave of mining permits reform is reshaping timelines across the US, Canada, Ghana, Peru and Indonesia, pushing faster paths to production but demanding more upfront transparency and local value alignment. Trade & Tariffs: The US rolled out new forced-labor Section 301 tariffs covering 60 economies (10%–12.5%), with Peru listed among the 12.5% group—raising immediate compliance and sourcing questions for importers. Freshwater & Climate Risk: Scientists warn glacier melt could create tens of thousands of new lakes worldwide, a reminder that Peru’s water systems may face major disruption as climate extremes intensify. Food & Fisheries: GOED reports omega-3 supply is holding up globally, but Peru’s anchovy fishery remains a key swing factor as El Niño can disrupt fishing seasons and lift raw-material costs. Environment & Health: A Peru-focused study flags heavy metal contamination in schools near former mining areas, exposing thousands of students and staff to lead, mercury and arsenic. Infrastructure & Energy: Peru’s Andes region earthquake response continues after multiple quakes, while Peru also faces broader climate-linked pressure on agriculture and water availability.

US Tariff Shock for Peru Exports: The U.S. rolled out forced-labor tariffs covering 60 economies, with Peru hit at a 12.5% rate—raising new cost pressure for regional trade flows. Peru Mining Fallout in Schools: A Peru-focused environmental health report warns lead, mercury, and arsenic contamination in 39 schools across mining-linked regions, exposing about 2,647 students and staff daily to levels above national standards. Peru Trade & Industry Context: Peru’s broader export picture remains in focus as regional tariff shifts and new trade deals elsewhere (like Ecuador–Canada) could reshape competition for agricultural and manufactured goods. Mining/Metals Signals: Global steel output rose 1.7% in June, while Peru-linked copper and zinc production updates from major miners underscore how metal prices and processing choices are driving near-term margins.

US Tariffs & Trade Compliance: The US is rolling out forced-labour Section 301 tariffs on 60 economies (10% to 12.5%), with Peru named among the affected markets—raising new cost and sourcing pressure for importers and supply chains. Border Security & Indigenous Rights: Asháninka leaders at the Brazil-Peru border say organized crime is “taking hostage” Indigenous communities, with armed incursions and drug-trafficking routes expanding into ancestral territory. Peru Agriculture Under El Niño Risk: Peru is bracing for El Niño impacts that could threaten the citrus blossom season, while broader agri-market coverage warns of supply and price volatility. Fresh Produce Trade Links: US organic produce demand still leans on imports, including berries and grapes from Peru and Chile—highlighting how Peru’s fresh exports remain exposed to global policy shifts. Machu Picchu Anniversary: On July 24, 1911, Hiram Bingham’s spotlight on Machu Picchu helped shape today’s tourism and preservation focus for Peru’s heritage. Digital & Gaming Expansion: Ragnarok Origin Classic launched across North, Central and South America, including Peru, expanding mobile/PC gaming access in the region.

Trade & Human Rights: A new US tariff push tied to forced-labor claims is drawing backlash, with lawmakers calling it a legal “end-run” after Supreme Court limits on earlier emergency duties. Security in Peru’s Amazon: Ashaninka leaders warn that expanding drug trafficking networks are pushing deeper into Indigenous territory along the Brazil-Peru border, raising calls for stronger protection. Mining & Costs: Anglo American says it’s lowered 2026 copper cost guidance despite inflation pressures, while reporting broadly flat copper output and steady iron ore performance. Fresh Produce Markets: US organic produce demand is still being met by imports, including berries and asparagus supply chains that keep pressure on local growers. Peru Earthquake Response: Peru declared a 60-day emergency in two Junín districts after a 5.1 quake, enabling faster aid and rehabilitation. Defense Industry: HD Hyundai and Peru’s SIMA unveiled the HDS-MGP submarine concept design, aiming to build local construction and maintenance capacity. Sports & Youth: Team USA will represent at the FISU America Games in Lima through Aug. 1, with elimination rounds starting July 25.

Illegal Mining Oversight: The Andean Court of Justice has admitted an unprecedented case against Peru over alleged failures to curb illegal mining, challenging repeated extensions of REINFO, Peru’s mining formalization program; plaintiffs want precautionary steps that could suspend REINFO while the case proceeds. Agri Exports & Weather Risk: Camposol kicked off its 2026/27 blueberry season with a first shipment ceremony to China, unveiling the brand name “Kǎi Pèi Guǒ,” as El Niño continues to cast a shadow over agri markets and yields. Mining Development: Aftermath Silver began drilling at the eastern copper target of its Berenguela project in Peru, aiming to expand high-grade mineralization beyond the current resource estimate. Fresh Produce Logistics: A report highlights how port bottlenecks can damage fruit export competitiveness, underscoring the stakes for Peru’s own fresh-export supply chains. Public Safety Tragedy: A fire in Lima’s La Victoria district killed 10 members of one family, including five children; police are investigating whether it was arson tied to extortion demands.

Mining & Rule of Law: The Andean Court of Justice has admitted an unprecedented case against Peru over alleged failures to curb illegal mining, with the dispute centered on repeated extensions of REINFO, Peru’s mining formalization program; the court could also consider precautionary steps, including suspending REINFO while the case runs. Public Safety: A fire in Lima’s La Victoria district killed 10 members of the same family, including five children; police say arson is suspected, after reports the family faced extortion threats tied to their mattress-making and electric motorcycle business. Telecom & Broadband: América Móvil (Claro Perú) is set to buy WOW Tel to expand Peru’s fixed-fibre footprint, pending INDECOPI approval, as fibre consolidation accelerates across Latin America. Mining (Exploration): Hannan Metals expanded the high-grade gold zone at its Previsto prospect in Peru, widening the mineralized breccia unit to 305m and reporting a 100% hit rate across 323 channel samples. Fresh Industries & Services: Peru’s digital push is boosting internet connections and business AI adoption, though the coverage notes limited links to crypto so far.

Peru Earthquake Response: Peru’s government issued an emergency after deadly quakes in Junín, with reports of deaths and widespread damage driving relief efforts. Mining & Copper Outlook: Grupo México reported a sharp jump in Q2 profit, citing higher copper prices, while noting output impacts including in Peru—watching how price strength meets operational constraints. Agriculture Exports: Peru’s exports momentum continues, with trade data pointing to rising agricultural performance even as El Niño risks loom over yields and fishing conditions. Fresh Services & Logistics: Rim of the Pacific 2026 included Peru in multinational coordination drills for humanitarian assistance and disaster response, highlighting communications readiness for regional supply and response operations. Policy & Governance: Peru’s president-elect Keiko Fujimori reiterated plans for mega-prisons modeled on El Salvador’s approach, signaling a major shift in public security execution. Industry Signals: Peru’s Pisco exports are gaining traction in new markets, adding to the country’s broader push to diversify food and beverage demand.

Food Safety & Retail Impact: Taco Bell’s cyclospora scare is tied to shredded lettuce from Taylor Farms, with the chain removing that lettuce from its domestic system; foot traffic fell nearly 19% during the outbreak’s acceleration week, and other major chains saw similar dips. Mining & Finance: Grupo Mexico reported 2Q net profit up nearly 79% on higher copper prices, while noting lower copper output in Peru and the U.S. Peru Agriculture Exports: Peru’s ag exports hit $5.4B in H1 2026 (+5%); avocados led, and blueberries surged to $405M (+50%) on better volumes and prices. Infrastructure & Disruption: Peru declared a 60-day emergency in Junín districts after a deadly 5.1 quake and aftershocks, authorizing reconstruction, medical support, and temporary services. Legal/Press Freedom: Peru’s AG faces pressure over a threatened prosecution of investigative journalist Gustavo Gorriti, with international media-rights groups warning it could chill anti-corruption reporting. Construction Pipeline: La Salle-Peru High School’s board will review final change orders for the Eureka Savings Bank Agriculture Center and consider a future veterinary science expansion permit.

Peru Construction & Materials: ASOCEM reports Peru’s cement dispatches rose 11.6% YoY to 1.129Mt in June 2026, while cement production climbed 11.2% to 1.002Mt; imports fell 83% YoY to 12,014t, with most coming from Chile. Peru Disaster Response: Peru declared a 60-day state of emergency in five Junín districts after new 3.4 aftershocks in Chupaca, following a 5.1 quake that killed at least five and damaged homes; COEN says 7.74 tons of food aid reached 250 families. Energy & Industry Tech: Terra Innovatum signed a non-binding LOI with Waiken ILW to deploy up to 8MWe of SOLO microreactors at data center sites in Jaguariúna, Brazil—covering power for DirecTV Latin America and Sky Brasil operations across the region including Peru. Trade & Logistics Watch: UAE trade talks include advanced negotiations with Peru for a CEPA, as the country pushes more trade corridors and logistics infrastructure. Food & Agribusiness: Peru-linked supply chain news includes SuanNutra’s acquisition of IFF specialty ingredients, with manufacturing footprint spanning extraction in Spain, Slovenia and Peru.

Disaster Response: A 5.5-magnitude earthquake struck Peru’s Andes near Sicaya (Huancayo), killing at least six and injuring 30+ while displacing about 300; damage hit homes, churches, and historic sites, prompting emergency search-and-recovery. Emergency Decrees: Peru’s executive issued a 60-day state of emergency for five Junín districts to speed response and rehabilitation, including rules for donations and funding from local budgets. Trade & Logistics: The U.S. DOJ seized 1,000+ domains used to illegally stream World Cup 2026 matches, including 28 linked to Peru—another reminder of enforcement pressure on cross-border digital services. Food & Biosecurity: New Zealand’s Bioeconomy Science Institute warned a proposed import health standard for fresh blueberries could raise biosecurity risks, including potential entry of fruit-fly pests that would also threaten broader South American fruit industries. Agri Markets: El Niño is expected to add volatility to global avocado supply through 2027, with Peru among key exporters facing yield and quality uncertainty. Energy & Industry: Terra Innovatum says Waiken ILW will deploy its SOLO microreactor platform for up to 8 MWe behind-the-meter power for DIRECTV Latin America and SKY Brasil data centers. Tourism: PromPerú says Peru’s gastronomy push will culminate with a major “World’s 50 Best” ceremony in Lima on Nov. 4, aiming to boost hotels and related services.

Microreactors for Peru’s power-hungry economy: Terra Innovatum says Waiken ILW has signed a Letter of Intent for up to 8 MWe of behind-the-meter SOLO™ microreactors to power DIRECTV Latin America data centers in Argentina and Brazil—an early signal of demand for resilient clean power for mission-critical infrastructure. Earthquake response in the Andes: A 5.5 quake hit Peru’s Junín region near Sicaya/Chupaca, killing at least six, injuring 30+ and displacing hundreds; damage includes the historic Santiago de León church and convent, with adobe construction blamed for worse impacts. Defense industry expansion: LIG Defense & Aerospace opened a Latin America regional office in Lima to expand its defense business across the region, adding local marketing and technical support. Food price stability push: Indonesia’s Warung Pangan network—27,000+ partners via an app—aims to stabilize traditional-market prices, a model Peru could watch as it thinks about supply access and MSME sourcing. Biodiversity under climate stress: Experts warn Peru’s Humboldt penguin is at risk as El Niño and avian influenza drive a two-thirds population drop since 2022. Governance & investigations: Peru’s neighbors watch India’s Supreme Court press UP to reconstitute an SIT for the Ayodhya temple donation probe under a senior IPS officer.

Disaster Response: A 5.5-magnitude earthquake struck Peru’s Andes near Sicaya (Huancayo) late Saturday, killing at least six and injuring 30+ while displacing about 300; authorities say the number of missing people is still unknown. Collapsed or damaged buildings include the historic Santiago de León church and convent in Chongos Bajo, with rescue teams working amid power outages and cold weather. Built-Environment Risk: Officials point to widespread adobe construction as a key factor worsening damage. Community Impact: Victims in the agricultural zone of Chongos Bajo are sheltering outdoors and livestock has been found under rubble. Faith & Relief Mobilization: Peru’s bishops issued prayers for the affected families and urged solidarity with ongoing rescue and aid efforts. Trade & Tourism Note: A separate release ranks Peru among the top food destinations in the Americas and Caribbean for 2026, placing it just behind Mexico and the U.S.