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Economy, Forestry and Fishing

quinine, fifths, fish meal, metric tons, Forest products

The forests covering 51 percent of Peruís land area have not been significantly exploited. Forest products include balsa lumber and balata gum, rubber, and a variety of medicinal plants. Notable among the latter is the cinchona plant, from which quinine is derived. The roundwood harvest in 2000 was 9.2 million cu m (323 million cu ft).

The fishing industry is extremely important to the countryís economy and accounts for a significant portion of Peruís exports. It underwent a remarkable expansion after World War II (1939-1945); the catch in 1997 was 7.9 million metric tons. More than three-fifths of the catch is typically anchovies, used for making fish meal, a product in which Peru leads the world.



Article key phrases:

quinine, fifths, fish meal, metric tons, Forest products, anchovies, World War, fishing industry, forests, catch, rubber, accounts, product

 
 

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