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Non-traditional exports exceeded US$ 1.4 billion and grew 17% in May

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Non-traditional exports reached US$ 1,413 million in May. The amount is 17.0% higher than that registered in the same month last year, according to the Central Reserve Bank of Peru (BCRP).

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The BCRP also detailed that, in the fifth month of the year, the prices of these sales abroad rose 10.2%, while the volume increased by 6.1%. Thus, the accumulated (January-May 2022) totaled US$ 7,095 million, growing 20% ​​compared to the same period last year.

In May, exports of zinc products grew by 14.7% compared to the same month in 2021, copper rod (27.5%) and calcium phosphates (45.6%), among other products.

In the first five months of this year, the products that led non-traditional exports were fresh grapes, zinc products and copper rod, whose year-on-year growth was 18.3%, 45.9% and 10.7%, respectively.

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Non-traditional exports to May 2022. Source: BCRP

Finally, the BCRP highlighted that, as of May 2022, Peru led the growth of non-traditional exports in the countries of the region with an average annual expansion rate of 6.9%.

The result is explained by the larger shipments of agricultural products (mainly fruits), textiles, chemicals, fishing and iron and steel.

Source: Larepublica

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