Peruvian exports reached US$35,996 million and fell 0.2% until July

The Peruvian exports, Although they grew 6.1% in July (US$4,998 million), In the accumulated January-July period (US$35,996 million) they experienced a decline of -0.2% andn comparison to the same period last year when the amount amounted to US$36,065 million, reported the Exporters Association (ADEX).

In detail, it can be seen that the offices had a varied behavior, three months closed in red and the remaining four in blue: January (-11.7%), February (-13%), March (8.6%), April (7.5%), May (5.9%), June (-2.4%) and July (6.1%).

It is necessary to highlight that due to risk factors in the global and national scenario, ADEX estimated the fall in exports in 2023 at -1.3% and for 2024 an increase of 1.9%, a low rate if one considers that, In the last 5 years, the growth rate was 7.7% on average.

Traditional shipments

According to the CIEN-ADEX report, traditional shipments amounted to US$25,987 million between January and July, experiencing a contraction of -0.6%. Its main activity, mining (almost US$22.3 billion), grew 10.8%; However, the others closed lower: primary agriculture -50.7%, fishing -40.4% and hydrocarbons -36.2%.

From the top five of items from primary shipments, two closed in blue: copper and its concentrates (22.9%) and refined copper cathodes and cathode sections (10.3%), and the other three in red: gold (-2% ), other zinc ores and their concentrates (-13.3%) and liquefied natural gas (-51.2%).

The main markets for this supply were China (11% variation), the US (19.4%), and Japan (-15%), which together accounted for almost 63% of the total. Others were Canada, South Korea, India, Brazil, Switzerland, Spain and the United Arab Emirates.

Exports with added value

For their part, non-traditional products between January and July (US$10,010 million) presented an increase of 0.8% compared to the same period in 2022 (US$9,929 million). The leading subsector was agriculture-agroindustrial (US$4,339 million) with an evolution of 3.6%. Fresh avocados and grapes occupied the first two places in the ranking with 20.5% and 14.4% growth.

Second in the ranking was fishing for direct human consumption with US$1,216 million 547,000, increasing its shipments by 24.3%. The most notable item was frozen squid, followed by squid and prepared or preserved squid; livers, eggs and milk; whole frozen prawns, fish, frozen horse mackerel, among others.

Other items that showed increases were non-metallic mining (US$732 million 611,000) and metalworking (US$413 million 049,000), with 31.9% and 10.2%, respectively. In contrast, those that fell were textiles (-10.6%); clothing (-14.5%), chemical (-17.4%); steel metallurgy (-10.8%), wood (-27%) and miscellaneous (-1.2%)

Despite suffering a contraction of -7.2%, the main market was the US (US$2,693 million 818,000), followed by the Netherlands (US$754 million 717,000), Chile (US$735 million 036,000) and China (US $635 million 509,000). Others were Ecuador, Spain, Mexico, Colombia, Brazil and South Korea.