reported that Peruvian exports last May experienced the highest growth in the last 27 months (+23.3%). This figure suggests that a new export record could be reached by the end of 2024.
According to data from Mincetur's Foreign Trade Report, exports grew 23.3% year-on-year last May thanks to greater sales from hydrocarbons, fishing, mineral, textile, agriculture, and metallurgy sectors.
Exports January to May
During the January-May 2024 period, shipments of Peruvian goods grew 5.5%.
The
Foreign Trade and Tourism Ministry explained that the
performance between January and May was due to greater sales of gold (+56%), whose price reached a historic record in the fifth month.
"Also increased were sales of tin (+70%), iron (+11%), molybdenum (+9%), and copper (+0.4%). In agriculture (+8.6%), notable increases were seen in sales of cacao/derivatives (+130%), coffee (+59%), and fruits (+3%), driven by greater shipments of blueberries, avocados, and limes," she indicated.
Likewise, exports increased in 11 regions: Puno (+138%), Huanuco (+55%), Loreto (+42%), Pasco (+36%), Tacna (+18%), Moquegua (+17%), La Libertad (+15%), Amazonas (+12%), Ica (+10%), Ucayali (+8%), and San Martin (+6%).
"Following the record (observed) in 2023, fruit exports grew 2.8% in January-May 2024 due to greater sales of blueberries (+100%) and avocados (+20%)," Galdo highlighted.
Furthermore, Onion sales expanded 40.3%.
The shipments of lime essential oil (+119.8%), cacao (+130%), coffee (+59.4%), and quinoa grains (+43.3%) also went up.