Peru: Non-traditional export volume up 7% in October 2017

Exports. Photo: ANDINA/ Archive.

Exports. Photo: ANDINA/ Archive.

14:15 | Lima, Dec. 12.

Peru's non-traditional export volume increased 7% last October from the same month in 2016, National Institute of Statistics and Informatics (INEI) informed.

According to INEI's "Evolution of Exports and Imports" report, October marks the twelfth month of continuous growth in terms of exported volumes.

Shipments of frozen prawns (244.9%), shell-less prawn tails (152.2%), shell-on prawn tails (91.2%), blueberries (40.1%), asparagus (5.0%), and natural calcium phosphate (4.7%) stood out in this sense.

Traditional products

On the other hand, traditional exports volume slid 15.2% last October from the similar month in 2016.

This drop was explained by lower export volumes of copper (-25.9%), petroleum derivatives (-8.6%), lead (-4.2%), natural gas (-27.0%), tin (-16.6%), fish meal (-38.2%), and fish oil (-21.8%).

Total export volume

INEI noted total export volume decreased 10.2% last October, if compared to the same period in 2016, due to lower traditional exports (-15.2%).

Nevertheless, shipments of non-traditional products grew 7% during said month.

Top export destinations were China (25.1% of total exported value), the United States (17.1%), South Korea (8.2%), Spain (6.6%), Brazil (4.1%), and Japan (3.5%).

In addition, Peru's total export volume went up 11.6% in the first 10 months of the current year, the report reads.

It must be noted export and import prices indexes also grew 19.6% and 0.5% —respectively— in October 2017 from the same month last year.


Published: 12/12/2017