Peru's exports will total US$43.631 billion in 2017, a 20.2% growth compared to last year, the Association of Peruvian Exporters (Adex) projected.
According to Adex's Research Center for Economy and International Business Head Carlos Gonzalez, this year's result will consolidate the sector's recovery, which started in 2016 (9.5%), after having experienced declines in 2013 (-7.9%), 2014 (-9.2%), and 2015 (-14.2%).
"The highest level reached in Peru's history was in 2012, with a total of US$46.225 billion, and we are close to regaining that [growth] level," he told Andina news agency.
Traditional shipments
Likewise, Gonzalez pointed out 72.9% of
total exports correspond to
traditional shipments (US$31.811 billion), which will experience a 24.8% expansion compared to 2016 (US$25.496 billion).
Sectors such as traditional mining (US$25.712 billion),
hydrocarbons (US$3.405 billion),
fishery (US$1.829 billion), and traditional agriculture (US$865 million) will contribute to said positive result.
Non-traditional shipments
On the other hand, he noted 28% of total shipments are added-value exports (US$11.819 billion), which will rise 9.3% this year over 2016 (US$10.817 billion).
(END) RGP/RGP/JAA/MVB