Andina

Peru added-value exports to Japan develop positively

14:02 | Lima, Aug. 14.

Peruvian added-value exports to Japan reached almost US$88.5 million in the first half of 2018, a 17% increase compared to the same period last year, Peruvian Exporters Association (Adex) informed.

Although primary products stood out among total exports, non-traditional products have registered an increase. They accounted for 6% and 7.6% of shipments in the first half of 2013 and 2018, respectively. 

Fishery products for direct human consumption (almost US$42 million) stood out, mainly frozen and canned giant squid, smoked liver, shrimp tails (downward trend), as well as frozen fishing products from diverse hydrobiological species. 

Furthermore, agro-exports (US$30.7 million) registered a 7% increase. Asparagus, avocados, canned mangoes (downward trend), bananas, mangoes, strawberries, and cacao beans, among others, showed good performances. 

Apart from fishing for DHC and the agroindustry, other important added-value sectors included the iron-steel, garment, and chemical sectors, among others.

Next year, the 120th anniversary of Japanese immigration to Peru will be celebrated, and bilateral relations are currently getting stronger

In the Inca country, Peruvian-Japanese Business Council (Cepeja) is one of the institutions working towards strengthening economic, cultural, and business relations. 

Figures

Peruvian exports to Japan are mainly traditional.

In the first half of 2018 (US$1.073 billion), they represented 92.4% of the total shipments (US$1.161 billion).

Copper accounted for 65% of the total, followed by natural gas, zinc, gasoline, silver, and anodes. 

(END) JJN/JJN/DTK/MVB

Published: 8/14/2018