Andina

Peru's non-traditional exports volume up 6.2% in Sep 2020

14:54 | Lima, Nov. 11.

The volume of exported non-traditional products grew by 6.2% last September for second consecutive month, the National Institute of Statistics and Informatics (INEI) reported on Wednesday.

The result was driven by the favorable performance of the agricultural (17.3%), chemical (11.1%), and textile (4.7%) sectors.

Products

Within this framework, the greater placement of blueberries (19.5%), natural calcium phosphate (16.3%), cotton t-shirts (10.3%), squid and cuttlefish (19.7%), refined copper wire (25.7%), avocados (76.8%), cacao beans (78.7%), and tires (417.7%) stood out.

Total exported volume

In September 2020, the total exported volume of goods decreased by 26.4% —if compared to September 2019— due to lower shipments of traditional products (-38.2%), while shipments of non-traditional products rose by 6.2%.

In the first nine months of this year, the total exported volume fell by 20.8%, as did that of traditional (-23.8%) and non-traditional (-12.3%) products.

It is worth highlighting the positive performance of the non-traditional agricultural sector (4.6%) explained by higher shipments of avocados, grapes, blueberries, tangerines, artichokes, canned asparagus, and mangoes. 

Last September, traditional exports volume was reduced by 38.2%, compared to the same month of the previous year.

Thus, exported mining products volume plunged by 40.4% due to lower shipments of copper (-47.5%), gold (-16.0%), zinc (-43.2%), and iron (-99.9%), among the main ones.

On the contrary, shipments of tin (19.2%) and refined silver (19.2%) increased.

Peru's agricultural exports volume decreased 16.3% due to lower coffee sales (-13.8%). A similar behavior was registered in the oil and natural gas (-67%) spheres as no crude oil transactions were recorded.

On the other hand, shipments of traditional fishery products increased 63.7% due to higher sales of fishmeal (76.8%).

(END) NDP/RGP/MVB

Published: 11/11/2020