Andina

Peru: Exports from 10 regions up in Jan-Jul 2020

09:00 | Lima, Sep. 9.

Despite the health crisis caused by the COVID-19 pandemic, exports from 10 Peruvian regions managed to increase between January and July 2020, expecting —in some cases— to reach new records by the end of the year, the Ministry of Foreign Trade and Tourism (Mincetur) reported.

These regions include Loreto (122%), Pasco (38%), Puno (30%), San Martin (20%), Huancavelica (29%), Ucayali (13%), Madre de Dios, (8%), Apurimac (5%), Junin (4%) and Lambayeque (4%).

Last July, Lambayeque's foreign sales grew for the third consecutive month (8% in May, 21% in June and 34% in July), reversing the falls in March and April, and accumulating a growth of 4% (US$325.6 million) in the first seven-month period of the year.
  
The improved performance in July was explained by higher sales of agro-products, such as mangoes (34%), grapes and asparagus (22% each), avocados (14%) and blueberries (7%).

In the center of the country, three regions saw an increase in exports. Pasco's shipments rose 38% to US$235 million, with notable gains in sales of zinc (332%) and copper (82%).

Moreover, Huancavelica registered a 29% increase to US$23.3 million, thanks to higher sales of gold (279%) and trout (108%), while Junin registered a growth of 4% to US$547.8 million, underpinned by important sales of ginger (163%) and copper (6%).

Exports from southern Peru 

Between January and July 2020, exports from Puno and Apurimac increased 30% (US$601.6 million) and 5% (US$1.039 billion), respectively, thanks to higher gold sales (32%) that amounted to US$61 million.

Although the rest of southern regions witnessed drops in exports, mainly due to lower metal sales, it is worth noting the slight increase in agro-exports from Cusco.

In the above-mentioned period, such exports experienced a 4% growth (US$10 million), thanks to higher sales of avocados (295%) and artichokes (40%).

In the case of rainforest regions, exports —as a bloc— grew 20% (US$170 million) as of July 2020.

Thus, Loreto's exports increased 122% (US$25.7 million), underpinned by higher sales of crude oil (US$18 million); San Martin's shipments went up 20% (US$78.7 million), driven by higher sales of rice (316%); Ucayali's exports rose 13% (US$14.3 million), thanks to higher sales of palm oil (US$2.5 million), while those of Madre de Dios posted an 8% increase (US$43 million), explained by higher gold sales (41%).

(END) NDP/VLA/JJN/RMB/MVB

Published: 9/8/2020