Peru: Non-traditional exports to Spain expanded in Jan-Apr 2017

Exports. Photo: ANDINA/ Archive.

Exports. Photo: ANDINA/ Archive.

10:50 | Lima, Jun. 12.

The value of Peru's non-traditional exports to Spain totaled US$172 million in the first four-month period of 2017, the country's Exports and Tourism Promotion Board (PromPeru) informed.

The result meant a 16.7% increase compared to the amount (US$147 million) registered in the same period last year. 

According to PromPeru data, the value of traditional shipments to the European country increased 71% in the analyzed period from the same term in 2016. 

In this sense, traditional exports value climbed from US$205 million (January-April 2016) to US$350 million (as at April 2017). 

During the first four months of 2017, the total value of Peru's sales to Spain expanded 48.2%.

Growth was mainly driven by the good performance of traditional exports.

Exports 2016

The total value of Peru's exports to Spain grew 11.8% last year, thus climbing from US$1.092 billion (2015) to US$1.221 billion (2016).

Positive results were underpinned by greater non-traditional shipments (US$540 million; +22.9%).

Presidential trip

Likewise, the Peruvian leader took part in the forum "El Peru del Futuro" (Peru of the Future) exploring challenges and opportunities facing the South American nation.

The trip —Kuczynski's first visit to Spain since taking office in July 2016— aims at strengthening 
bilateral ties, finding new ways of cooperation and promoting investments in the Inca country.

In addition, the Andean Head of State will hold a meeting with King Felipe VI at Zarzuela Palace.


Published: 6/12/2017