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Peru's total exports grew 12.4% in September thanks to high mineral prices
Wednesday, November 20, 2024 - 09:00
Fuente: Agencia Andina

The increase in the average export volume was explained by higher sales of natural gas, gold, coffee and non-traditional product sectors (except non-metallic mining).

Peruvian exports totaled US$ 6.64 billion in September of this year, which implied an increase of 12.4% compared to the same period in 2023, due to the increase in the average export price by 10.2%, as well as the growth in export volumes by 1.9%, reported the Peruvian Central Reserve Bank (BCR).

He explained that the increase in the average export price was based on high international prices for gold, zinc and copper and higher prices for non-traditional agricultural and fishing export products.

The increase in the average export volume was explained by higher sales of natural gas, gold, coffee and non-traditional product sectors (except non-metallic mining).

CUMULATIVE PROGRESS

On the other hand, he stressed that in the first nine months of the year, exports totaled US$ 54,543 million, an amount 10.8% higher than that recorded in the same period in 2023.

This increase was mainly supported by higher prices, which increased by 7.4%, and to a lesser extent by higher volumes, which rose by 3.2%.

According to the Monthly Foreign Trade Report – September of Mincetur, mining totaled shipments of US$ 34,308 million until September, with a growth of 14.9%, where copper and gold exports stood out, the main goods that Peru exports (50% of total exports), which grew 1.7% and 56.1% respectively.

Exports of tin (36.7%), molybdenum (20.8%) and silver concentrates (131.4%) also increased.

On the other hand, in agricultural exports, shipments grew 21.6% compared to the same period of the previous year, reaching US$ 8.02 billion. Higher sales were recorded for cocoa and derivatives (216%), coffee (68.7%), blueberries (41.9%), quinoa beans (41.4%), lemon (31%), avocado (28.6%) and mandarin (26.2%).

Autores

Agencia Andina