Peru's trade balance was positive between January and November 2020

13:25 | Lima, Jan. 4.

The Association of Peruvian Exporters (Adex) has reported that Peru's trade balance was positive between January and November 2020, totaling US$2.878 billion.

"While exports amounted to US$35.014 billion, imports reached US$32.135 billion," Adex indicated.

Exports

Adex also indicated that, between January and November this year, Peruvian exports totaled US$35.014 billion, a 16.1% decline due to global and local effects.

Thus, traditional exports amounted to US$23.55 billion (-19.5%) and non-traditional ones reached US$11.432 billion (-8.1%).

Nevertheless, the agro-industry in the non-traditional export sector grew 8.2% to US$6.022 billion in the above-mentioned period.

Peru’s most demanded agro-industrial products in international markets were blueberries, avocados, grapes, frozen giant squid, and asparagus.

"The top market –which accounts for 31% of the total– was the United States, followed far behind by the Netherlands, Chile, Spain, Ecuador, Colombia, Bolivia, and China," Adex explained.

(END) NDP/MDV/RMB

Published: 1/4/2021
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