Andina

Peru: Non-traditional exports up 19.9% in Feb 2018

Exports. Photo: ANDINA/ Archive.

Exports. Photo: ANDINA/ Archive.

17:23 | Lima, Apr. 3.

Peru's non-traditional exports expanded 19.9% in February 2018 over the same month last year, thus accumulating 19 months of continuous growth, the National Institute of Statistics and Informatics (INEI) reported.

According to information available on March 28, the most demanded non-traditional products were those derived from farming (+26.6%), textile (+10.8%), chemical (+31.8%), iron-steel (+29.5%), and metal-mechanic (+40.8%) sectors.

On the other hand, traditional shipments slid 6.7%, following six months of consecutive rise.

In this regard, agriculture products such as coffee (+44.3%) and sugar (+710.4%) stood out.

It must be noted the Inca country's total exports decreased 0.48% last February, after 19 straight months of positive performance.

Imports 

In addition, INEI noted imports expanded 9.18% in the second month of the current year compared to the similar term in 2017.  

Purchases of consumer goods rose 13.43%, plus imports of commodities and intermediate products increased 7.88%.

Also, capital good and construction material purchases went up 7.94%.

(END) MDV/MDV/JAA/MVB

Published: 4/3/2018