Peru's traditional exports amounted to US$2.925 billion in August this year, up by 23.8% over the same month in 2016, driven by stronger copper and gold sales, the Central Reserve Bank (BCR) informed.
Traditional products' average price rose 16.3%, driven by hikes in
copper (36.2%) and zinc (28.8%) prices.
On the other hand, Peru's shipped volume rose 6.5%, underpinned by greater shipments of fish meal (13.2%),
gold (30.5%), copper (2.9%) as well as oil and its derivatives (37.1%).
The prominent rise in the volume of gold exported was mainly explained by a pick-up in Barrick Gold Corporation's shipments.
At the regional level, BCR observed increased sales to Asia (47.7%), the European Union (17.2%), the Andean Community (34.2%) and Mercosur (33.3%).
(END) JJN/JJN/RMB
Published: 10/10/2017