Andina

Peru's agro-exports up 26% in June, hit US$3.48 billion in first half of 2021

14:31 | Lima, Sep. 1.

Peruvian agro-exports show sustained growth in the international market, despite the impacts of COVID-19. Only in June, sales in this sector grew 26% to US$621 million, from the same month last year, the Ministry of Agrarian Development and Irrigation (Midagri) reported on Wednesday.

In the sixth month of the year, traditional agro-exports accounted for only 5% of the total export value, while non-traditional sales represented the remaining 95%.

Non-traditional agro-exports amounted to US$588 million, up 26% over the same month in 2020.

The products that stood out in the agro-export ranking were fresh avocados, which accounted for 39% of total exports, fresh asparagus (6.1%), other citrus fruits (5.2%), preparations for animal feed (3%), other fruits (2.2%) and bananas, including fresh "Cavendish Valery" bananas (2.1%).

Also of note was the growth recorded by exports of cacao beans (1.8%), quinoa varieties (1.3%), nutritional preparations containing flour, semolina, starch, or malt extract (1.3%), and prepared vegetables (1.3%).  

Together, these products account for 63% of the non-traditional exportable supply.

Meanwhile, traditional exports amounted to US$32 million and rose 18% compared to the same month in 2020, mainly due to higher sales of unroasted coffee (US$28 million), which saw an increase of 15%. This product alone accounted for 87% of the country's traditional agro-exports.

In addition, according to Midagri, agricultural exports have shown a sustained growth in the first half of the year (January-June), hitting US$3.48 billion, up 20% over the same period a year earlier.

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

Published: 9/1/2021