This result has been generated thanks to the increase in sales of minerals (+19.8%), agricultural products (+13%), chemicals (+5.4%) and metallurgical goods (+2.7%).
Peru's exports grew by 9.1% until February compared to the same period of the previous year, reaching an amount of US$ 10,339 million, as reported by the Ministry of Foreign Trade and Tourism.
This result has been generated thanks to the increase in sales of minerals (+19.8%), agricultural products (+13%), chemicals (+5.4%) and metallurgical goods (+2.7%).
"The start of 2024 has been good. To stay on this positive path, we will continue to promote the trade negotiations that have been developing with the aim of expanding the number of markets for our products," highlighted the minister of the sector, Elizabeth Galdo.
According to the Monthly Foreign Trade Report, between January and February, shipments of traditional goods accumulated US$7,305 million, 14.6% year-on-year. This increase was driven by sales of minerals such as copper (an increase of 16.6%) and gold (an increase of 66.1%), which have China and India, respectively, among their main destinations.
Traditional agricultural exports also grew. Sales of coffee (+66.8%) and sugar (+33.4%) allowed the sector to add US$ 152 million during the first two months of the year, a figure 62.8% higher than what was obtained in the first two months of 2023.
Although there has been a slight drop in shipments of non-traditional goods due to a slight reduction in fishing and textile sales, agricultural, chemical and metallurgical exports raised their numbers at the end of February.
The growth in trade in goods was driven by greater business with Asian countries (+17.1%), mainly India (+137%), which stands as Peru's sixth trading partner in the world and second in Asia.