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ADEX: exporting companies increased by 5% compared to 2019

Between January and November 2021, the number of exporting companies was 7,983, which represents an increase of 5% compared to 2019. This is the highest figure historically recorded in the same period, reported the Research Center for Global Economy and Business of the Association of Exporters CIEN-ADEX.

This increase would be due to a better global environment and the good performance of Peruvian companies before the resumption of commercial activities.

It should be noted that 63.4% of the total were microenterprises, 28.6% small, 1.2% medium and 6.8% large, with which micro and small companies accounted for 93.2% (7,443 ). In this sense, the country’s challenge is to provide the conditions to avoid high mortality and guarantee its evolution, said the head of Economic Studies at CIEN-ADEX, Carlos Adriano Pérez.

CAN SEE

As of November, 3,020 new companies entered and re-entered, offsetting the 2,021 that stopped exporting. Of this total (2,021), 83.3% (1,683) were microenterprises, 10.9% (221) small, 5.4% (109) large and 0.4% (8) medium, detailed the Report of Exporting Companies of the CIEN-ADEX.

Atomization is maintained

Between January and November 2021, shipments abroad totaled US$50,143 million. 95.3% of this amount was generated by large companies, followed by small (3.4%), medium-sized (0.9%) and micro-enterprises (0.4%).

In this way, micro and small companies concentrated only 4.7% of the exported value; however, they represented 93.2% of all exporters, which reflects a high fragmentation.

At the sector level, 75.6% (6,034 firms) participated in only one activity, 14% (1,119) in two, 6.1% (485) in three and 4.3% (345) were more diversified, participating in 4 or more.

Similarly, 4,682 exported to 1 country (58.6%), 2,448 (30.7%) between 2 and 5, 450 (5.6%) between 6 and 9; and 403 (5%) to more than 10. “Exporting 1 product or having 1 market is not good because it puts their presence abroad at risk and makes them vulnerable to possible changes in trade or tax policies,” reported Adriano Pérez.

If only those with a single destination and exporting 1 product are considered, the number rises to 2,869 (36% of the total). Within this group, 77.3% were micro, small (16.7%), large (4.8%) and medium (1.3%) companies.

Finally, Lima concentrated the largest number of exporters (5,346), followed by Piura (596) and Callao (594). In contrast, Huancavelica was the region with the lowest number of firms (27).

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