Adex: imports fell until July due to lower prices of oil and derivatives

Adex: imports fell until July due to lower prices of oil and derivatives

Imports between January and July they totaled about US$29,308 million, a contraction of -15.8% compared to the same period in 2022, reported the Center for Research on Global Economy and Business of the CIEN-ADEX Exporters Association.

The fall was attributed by Adex to the lower prices of oil and its derivatives, “which is related to the prospects of lower demand and higher levels of production.”

Metal-mechanics was the most important sector with US$9,549,600,000, showing a decrease of -5.7% and a participation of 32.6% of the total.

It was followed by chemicals (US$5,284,500,000) with a decline of -21.8% and hydrocarbons (US$4,812,300,000) with a decline of -20.6%.

Others were agriculture (US$3,907,600,000), miscellaneous (US$1,823 million), iron and steel (US$1,663 million), textiles (US$700,500,000), clothing (US$499 million), non-metallic mining (US$472,600,000) , timber (US$243 million), fishing (US$201.6 million) and mining (US$150 million).

Fishing was the only item to register an increase (19.2%). Its main product was frozen shrimp tail (US$48 million), while the most dynamic was canned tuna (123.7%).

The deepest falls were in mining (-49.3%), non-metallic mining (-36.6%), textiles (-34.6%) and iron and steel (-32.2%).

Adex: China, Peru’s main supplier

China (US$ 7,334 million) was the main supplier of Peru between January and July with 25% of total imports, its main product was cell phones. It was followed by the United States (US$ 6,084 million), whose leading item was Diesel B5.

They were followed by Brazil (US$2,218,400,000), Argentina (US$1,688,700,000), Mexico (US$1,064 million), Canada (US$759 million), Chile (US$747,300,000) and Colombia (US$695,100,000).

Source: Larepublica

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