Peru's non-traditional exports totaled US$5.277 billion in the first five months of 2018, a 19.1% increase from the same period last year, the Foreign Trade and Tourism Ministry (Mincetur) informed.
shipments accumulated 22 months of consecutive growth.
According to Mincetur, said expansion was driven by greater dynamism in metal-mechanic (+22.9%), fishery
(+21.5%), and textile-garment (+13%) sectors.
In this sense, the farming sector was supported by higher sales of fresh grapes (+31.2%) and fresh avocados (+18.9%).
It must be noted shipments of these two Peruvian products amounted to US$587 million in the analyzed period.
As for the fishery sector
, greater shipments of canned giant squid (+58.1%), as well as frozen giant squid (+56.7%) stood out.
On the other hand, traditional exports
reached US$14.202 billion in Jan-May 2018, a 17.3% increase compared to the similar term last year.
Such growth was explained by the good performance of petroleum-natural gas (+22.6%) and mining
Lastly, Mincetur pointed out Peru's total exports
amounted to US$19.479 billion between January and May 2018, up by 17.7% over the same period last year (US$16.544 billion).
Said positive result marked 23 months of continuous growth and was mainly underpinned by higher shipments from the fishery (+98%) and natural gas (+58.5%) sectors.