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Peru: Total exports up 19.35% in Feb 2018

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13:46 | Lima, Mar. 1.

Peru's total exports increased 19.35% in February 2018 over the same period last year, thus marking 19 months of continuous growth, National Institute of Statistics and Informatics (INEI) reported Thursday.

Such increase was mainly underpinned by higher shipments of traditional (21.27%) and non-traditional (15.4%) products.

According to information available on February 27, the most demanded traditional products were those derived from mining activities, as well as crude oil and natural gas. However, fishing and agricultural exports decreased.

As for the non-traditional sector, farming, textile, and chemical products stood out, whereas fishing and non-metallic mining shipments declined.  

Imports

Based on information available on February 25, imports of raw material and intermediate products increased 18.27% —compared to January 2017.

These were followed by imports of consumer goods (12.86%), as well as capital goods and construction materials (6.10% each). 

(END) CNA/JJN/FGM/MVB

Published: 3/1/2018