Number of exporting companies grew 2.5% until August, what are the main sectors?

The exporting companies Peruvians added 7,153 between January and August of this year, reflecting an increase of 2.5% compared to the same period last year (6,979), reported the Global Economy and Business Research Center of the Exporters Association (CIEN-ADEX).

According to the union, In those 8 months the microenterprises (4,439) represented 62.1% of the total; the little (2,228), 31.1%; the medium (123), 1.7%, and the big (363), 5.1%, With which micro, small and medium-sized enterprises (MSMEs) concentrated 94.9% of all export units.

In US$ FOB amount, it was observed that 94% of what was shipped abroad was carried out by large companies, followed by small (4.3%), medium (1.2%) and microenterprises (0.5%). “Although micro and small companies represented 93.2% of the number of total exporters, they only accounted for 4.8% of the exported value, demonstrating a high atomization and putting their permanence abroad at risk,” the report stated.

It should be noted that an increase of 4.2% was recorded in shipments from medium-sized companies, totaling US$499 million 200,000; of the micro ones, 15.6% (US$205 million 800,000), and of the small ones, 16% (US$1,781 million 600,000). The large ones (US$38,677 million) experienced a contraction of -1.9%.

What are the main sectors?

The number of traditional exporting firms reported an increase both in August (33.8%) and in the accumulated January-August (12.6%), registering a new historical maximum (1,084). Those with added value were 8,927.

The highest stock corresponded to thegreen industry (1,948 companies), followed by metalworking (1,595), chemical (1.288), several (1.242), clothing (1,000), mining (691), textile (494), steel metallurgy (449), non-metallic mining (425), fishing and aquaculture (306), primary agriculture (304), woods (180), primary fishing (50) huhhydrocarbons (39).

Likewise, companies that shipped from a single productive sector predominated (5,454). Those that exported 2 amounted to 1,039; of 3 items, 373 and of 4 or more, 287. In relation to the exportable supply, 3,401 firms sent a single product abroad, which showed their vulnerability to possible external shocks. However, 740 of them diversified their portfolio with 10 or more products.

At the country level, 56.9% of the total (4,067) exported to a single destination, but 5.2% (370) managed to send their portfolio to 10 or more markets. In this context, the main destination by number of companies was the US (2,080), followed by Chile (1,698) and Ecuador (1,186). The increase in firms with shipments to the United Arab Emirates (39%) stood out.

If only those that exported a single product to a single destination are considered, the number was 2,523, which represented 35.3% of the total. These are the most sensitive to possible changes in trade policies due to their low diversification in the portfolio of products and destinations. Within this group, 75.4% were microenterprises, followed by small (21%), large (2.4%) and medium-sized (1.3%).

Finally, in relation to regional origin, Lima was the one that grouped the largest number of companies (4.34), followed by Callao (514) and Piura (505). On the other hand, Moquegua, Pasco, Amazonas and Apurímac had the smallest number.