Andina

Peru exports to India totaled US$1.964 bn in 2017

Exportaciones Puerto Callao DP WORLD

Exportaciones Puerto Callao DP WORLD

10:38 | Lima, Mar. 31.

Peruvian exports to India amounted to US$1.964 billion in 2017, up by 110.89% over the previous year, mainly underpinned by higher traditional product shipments, the Exports and Tourism Promotion Board (PromPeru) reported.

According to PromPeru, traditional shipments to the Asian country grew 125.07% in terms of value, by climbing from US$847.953 million (2016) to US$1.908 billion (2017).

Raw gold (+212.04), minerals and copper concentrate (+31.90), as well as copper scrap (+290.37%), among others, stood out in this sense.

On the other hand, non-traditional sales saw a 33.22% decline, from US$83.438 million (2016) to US$55.723 million (2017).

It must be noted traditional and non-traditional exports accounted for 97.16% and 2.84% —respectively— of the Inca country's total shipment to said Asian nation.

2018

Furthermore, PromPeru noted Inca exports to India reached US$148.429 million in January 2018, a 149.3% rise from the same month last year.

Said expansion was mostly driven by greater shipments of traditional mining products, such as gold

In this period, traditional shipments totaled US$146.283 million (+153.97%), whereas non-traditional exports amounted to US$2.145 million (+10.44%).

(END) JAA/MVB

Published: 3/31/2018