The owner of the Minister of Foreign Trade and Tourism (Mincetur)Juan Carlos Mathews, reported that Peruvian exports in the month of October reached US$5,646 million, a growth of 6.4% compared to the same month of the previous year.
With this increase, national shipments to the foreign market grew for the second consecutive month, important news that allows us to foresee positive behavior for the remainder of the year.
“In October, exports grew due to the greater sale of metallic/non-metallic minerals (13%) and agricultural goods (17%),” explained the head of Mincetur.
When referring to trading partners, Minister Mathews noted that trade between Peru and China reached US$29,551 million (1.9%) as of October 2023, thanks to the greater export (9.9%), mainly of squid (503%), lead (83.2%) and copper (17.1%).
For its part, exports to the United States grew 3.5% (US$7,173 million) in the first ten months of the year, thanks to greater shipments of minerals (gold, copper, molybdenum), hydrocarbons (fuel oil) and calcium phosphate .
Exports could close the year above US$63,000 million
In the period from January to October, Peruvian shipments of goods to the world reached US$52,456 million (-0.1%), maintaining the possibility of maintaining exports above US$63 billion.
As of October, mining exports grew 11.7% due to higher sales of lead (52.8%), molybdenum (43.4%), anthracites (28.9%), calcium phosphate (27.0%), copper (18.7%) and gold (6.9%).
The climatic alterations registered this year affected important businesses such as flour and oil in fishing, blueberries and lemons in agriculture. So, Fishing exports fell 27.6% despite the greater export of squid (70.2%).
For its part, total agro-exports, traditional and non-traditional, fell 2.4% due, mainly, to lower sales of coffee (-44.5%, affected by price) and palm oil (-20.7% ), and despite the higher sales of grapes (30.3%), cocoa/derivatives (27.8%) and even avocado (6%), whose export value exceeded US$1,000 million.
Source: Larepublica
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