Agroexports begin to rise in 2024. Agricultural exports last January totaled sales of US$1,096 million, registering a growth of 24.5% compared to the same period in 2023, as reported by the Ministry of Agrarian Development and Irrigation (Midagri).
In the first month of the year, non-traditional agricultural exports reached US$1,002 million, a figure 23% higher compared to what was observed last year.
The main products in the ranking were: fresh grapes US$316 million (32% share), fresh cranberries US$211 million (21%), fresh mangoes US$69 million (6.9%), fresh or chilled asparagus US$43 million ( 4.3%), and other cocoa beans US$27 million (2.7%).
Also noteworthy are the largest placements of avocados US$21 million (2.1%), paprika US$16 million (1.6%), lemon essential oils US$15 million (1.5%), onions and shallots US$12 million ( 1.2%), animal feed US$10 million (1%).
“These 10 products together would concentrate 74% of the non-traditional exportable supply,” said Midagri.
Meanwhile, traditional agricultural exports during January totaled US$93 million, a figure that represented an increase of 45% compared to what was recorded in 2023, due to the higher recorded exports of unroasted, non-decaffeinated coffee (US$83 million), whose sales increased by 40 %. This product explains 89% of traditional agricultural exports.
The products that contributed positively in the first month of the year were: cocoa butter (+1,846%), undefatted cocoa paste (+552%), lemon essential oils (+478%), other fresh fruits (+469% ), fresh cranberries (+183%), paprika (+162%), avocados (+140%), other cocoa beans (+98%), fresh grapes (+2.8%), among others.
“Within the basket of non-traditional products, exports of fruits and vegetables maintained their upward pace, adding sales of US$734 million (73% of non-traditional agro-exports) as of January 2024, a figure that meant an increase of 27% compared to to 2023,” Midagri said.
Midagri: Peru’s main agricultural buyer is the US.
The ten main destination countries for Peruvian agricultural exports were: United States, Holland, Mexico, China, Hong Kong, Spain, England, Belgium, Ecuador, Canada. This group of countries concentrated 79% of the total value exported in the study period.
On the other hand, last January, the agricultural trade balance registered a surplus of US$613 million, a figure greater by 21% compared to the amount registered in the same period last year, and whose increase is due to greater agricultural exports (US$215 million increase compared to 2023), compared to the increase registered by agricultural imports (US$107 million increase).
Source: Larepublica
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