Peruvian textile company San Cristobel has reported a 21 per cent growth during the month of January compared to the same period last year.

General Manager Esteban Danieliuc told the Gestion newspaper that the company is expecting to see a 17 per cent growth in exports throughout the year with a predicted sales rise of 32 per cent to $66.7m.

The company currently sends 80 per cent of its total exports top the US market with a further 15 per cent going to the European market.