Impact of Avocado Exports on Peruvian Economic Growth

The avocado has gained worldwide relevance due to its nutritional benefits, and in the last two decades, its consumption has experienced remarkable growth, driven by changes in eating habits, especially during the pandemic caused by the severe acute respiratory syndrome (SARS-CoV-2) virus. This boom has had a significant impact on exporting countries such as Peru, which stands out as a key driver of economic growth due to avocado exports. The present study aims to analyse the impact of avocado exports on Peru’s economic growth during the period 2005–2023, utilising a quantitative approach and a non-experimental design, employing the Ordinary Least Squares (OLS) model. The findings indicated that avocado exports and the gross domestic agricultural product exert a positive influence on economic growth, with a statistical significance of 97%. This suggests that a 1% rise in exports results in a 0.40% increase in GDP. Avocado exports have been instrumental in enhancing Peru’s economic competitiveness on the global stage, although challenges persist with regard to sustainability and the inclusion of small-scale producers. The study concluded with the assertion that avocado exports exert a positive effect on 0.40% of economic growth in per capita terms, with an overall significance of 97%. This finding allows us to infer, through the factors, that avocado exports play an important role in market dynamics and in contributing to Peru’s economic growth, as well as their important implications for sustainable development policies.