Andina

Peru: Agricultural exports totaled US$3.62 billion in Jan-May 2022

Mejor desempeño de las agroexportaciones. Cortesía Mincetur

Mejor desempeño de las agroexportaciones. Cortesía Mincetur

14:52 | Lima, Jul. 25.

Peru's agricultural exports continue their upward trend. In the first five-month period of this year (January-May), said sales totaled US$3.620 billion, an increase of 27.6% compared to the same period in 2021, the Ministry of Agrarian Development and Irrigation (Midagri) reported on Monday.

Traditional products represented 11% of the country's total export value in May, while non-traditional ones accounted for the remaining 89%.

Regarding non-traditional agricultural exports, they totaled US$3.224 billion in the first five months of 2022, up 17.2% over the same period last year.

Main products

The products that stood out in the agricultural-exports ranking in said period were fresh grapes, which totaled US$613 million and accounted for 19% of total sales; avocados (US$387 million; 12%), fresh mangoes (US$209 million; 6.5%); and fresh cranberries (US$135 million; 4.2%).

Other products that stood out in the ranking include frozen mangoes, whose sales amounted to US$119 million and made up 3.7% of the total; fresh or chilled asparagus (US$93 million; 2.9%); other fresh fruits (US$89 million; 2.8%); animal feed (US$86 million; 2.7%); bananas including plantains (US$55 million; 1.7%); crude palm oil (US$51 million; 1.6%); other cacao beans (US$48 million; 1.5%); and other paprika (US$45 million; 1.4%).

Together, these 12 products accounted for 60% of the non-traditional exportable supply.

Between January and May this year, the products that contributed the most to this increase in agricultural exports over the same period last year included crude palm oil (244.7%), tara seed mucilage (169.7%), palm oil and its fractions (151.2%), fresh cranberries (130.6%), lemon essential oils (101.2%), carded fine hair (42.1%), other paprika (38.5%), fresh grapes (36.4%), animal feed (24.6%), frozen mangoes (18.7%), among others.

Midagri underlined that, within the basket of non-traditional products, sales of fruits and vegetables reached US$1.964 billion (61% of non-traditional agricultural exports) as of May 2022, an increase of 11.8% compared to the same period in 2021.

Meanwhile, traditional agricultural exports amounted to US$395 million in the first five months of 2022, an increase of 359% compared to the same period last year, due to the increase in exports of unroasted non-decaffeinated coffee (US$373 million) and cane molasses (US$2.9 million), whose sales increased 473.2% and 11.1%, respectively.

These two products accounted for 95% of Peru's traditional agricultural exports.

(END) NDP/SDD/RMB

Published: 7/25/2022