Peru's exports total over US$27.4 bn as at August 2017

Exports. Photo: ANDINA/ Archive.

Exports. Photo: ANDINA/ Archive.

08:00 | Lima, Oct. 4.

Peru's total exports reached US$27.423 billion in the first eight months of 2017, a 23.6% growth over the same period in 2016, Foreign Trade and Tourism Minister Eduardo Ferreyros informed.

Such growth was explained by the better performance of traditional (29.5%) and non-traditional (9.9%) sectors.

On the other hand, Peruvian imports experienced a 9.5% rise in the analyzed period.

Likewise, Peru's trade balance posted a US$1.849 billion surplus in Jan-Aug 2017, compared to the US$1.180 billion deficit in the same period last year. 

In this sense, Mincetur head affirmed said results prove export sector's steady growth over the past 14 months.


Between January and August, traditional sector's growth was underpinned by a significant increase in the fishery (70.9%), oil-natural gas (67.7%) and mining (23.9%) spheres.

As for the non-traditional sector, agricultural products such as pomegranate (54%), avocado (44%), grapes (21%), quinoa (14%), mangos (8%) and blueberries (7%) contributed to said expansion.

The rise was also supported by higher shipments of fishery and textile products.

Toughened glass (131%), cement (96%), zinc oxide (68%), and jewelry (33%) segments also stood out.

Top export destinations were the United States (US$1.989 billion), China (US$287 million), the European Union (US$1.75 billion), the Andean Community—CAN (US$1.17 billion) and South Korea (US$140 million).

Together they receive 73% of Peru's non-traditional exports.


Published: 10/4/2017