Exports continue growing. Peruvian shipments abroad totaled US$33.046 billion between January and June 2024, a 7.2% increase over the same period in 2023 (US$30.814 billion), driven mainly by the traditional sector, the Peruvian Exporters Association (Adex) reported on Thursday.
According to the Adex Data Trade Business Intelligence System, traditional shipments amounted to US$24.516 billion (+10.4%).
The following sectors evolved positively: mining, US$21.055 billion (+11.7%); primary fishing, US$1.073 billion (+26.1%); and agriculture, US$302 million (+46.6%). On the other hand, hydrocarbons (US$1.073 billion) declined 9%.
Mining's offer consisted of copper, its concentrates, and gold, which together accounted for 61.4% of the portfolio. It also included refined copper cathodes, iron, fish meal, molybdenum, zinc, natural gas, lead, and silver.
These products arrived mainly in China (US$11.340 billion), followed by India, Japan, Canada, the United States, Switzerland, the United Arab Emirates, South Korea, Brazil, and Chile.
Non-traditional exports
For their part, non-traditional exports (US$8.530 billion) experienced a 1% drop compared to the same period in 2023 (US$8.612 billion).
Only five of 10 non-traditional subsectors registered positive results: agroindustry (+9.9%), textiles (+1.3%), chemicals (+8.6%), iron-steel (+8.2%), and others (+16.8%).
The non-traditional items that stood out in terms of value were avocados (US$754.3 million), with a share of 8.8% and a 29% growth.
Others were grapes, blueberries, natural calcium phosphates, cacao beans, refined copper wire, mangoes, frozen giant squid, unalloyed zinc, and asparagus.
The United States (US$2.425 billion) was the leading market by receiving 28.4% of the total shipped to the world by this sector, experiencing a 5.2% increase.
The top ten destinations were completed by the Netherlands, Chile, Spain, Ecuador, Colombia, Mexico, Brazil, China, and Bolivia.
Shipments in June 2024
Adex detailed that shipments abroad amounted to just under US$6.032 billion in June alone, showing an 11.6% growth compared to the same month in 2023 (US$5.406 billion).
Last June, traditional exports grew 9.8% and non-traditional exports expanded 17.4%.
Data
Peruvian exports reached 164 markets in the first half of 2024.
The trade balance (January-June) closed with a surplus of US$7.542 billion. Exports totaled US$33.046 billion and imports amounted to US$25.504 billion.
Adex Chairman Julio Perez Alvan expressed concern about the decrease registered in the non-traditional sector (-1%).