Between January and June of this year, Peruvian exports registered an increase of 7.71%, with its main destination markets being China, the United States and Canada.
Exports from South America's main economies reported a 9% growth in the first half of this year, with shipments totaling US$ 338.458 billion, reported the Lima Chamber of Commerce (CCL).
"The dynamics of the region's shipments responded to higher volumes exported to China and the United States, whose global purchases registered growth rates, between January and June, of 1.68% and 2.87%, respectively," said the head of the Foreign Trade Research and Development Institute of the CCL (Idexcam), Oscar Quiñones.
BREAKDOWN BY COUNTRY
He stressed that between January and June of this year, Peruvian exports registered an increase of 7.71%, for a total of US$ 33,045 million, with its main destination markets being China (35.28% of the total exported in the period); the United States (10.93%); and Canada (5.13%).
The products most exported by Peru in this period were copper minerals, raw gold, fish meal, copper cathodes, fresh avocados, zinc and iron minerals, among other products.
Meanwhile, Brazil, one of the most important economies in the region, exported goods worth US$ 167,238 million to the world between January and June of this year, reporting an expansion of 1.27% compared to the same period in 2023.
The main destinations for their shipments were China with 30.91% of the total exported. It is followed by the United States (11.48%) and Argentina (3.51%). Among the main exported products are soybeans, crude oils from petroleum or bituminous minerals, and iron concentrates.
Ecuadorian exports in the first half of 2024 totaled US$ 36,678 million, growing significantly by 85.27% in value.
Ecuadorian products were exported mainly to the United States (30.20%), China (20.45%), Panama (8.22%) and Chile (4.03%).
The main export products include crustaceans, flowers and buds, bananas, crude oils from petroleum or bituminous minerals, and cocoa beans. “Ecuador’s results show that it is one of the most dynamic economies, and it is also positioned as one of our main competitors in the region,” he stressed.
During the first half of the year, Colombian exports totaled US$ 31,620 million, registering a positive variation of 26.80% in value compared to the same period in 2023.
The main destination markets were the United States (28.05% of the total), Panama (8.84%), India (5.90%) and China (5.30%). The main exported products were crude oils from petroleum or bituminous minerals, coal; briquettes, ovoids and similar solid fuels; coffee; and flowers and buds.
Argentina's exports, on the other hand, amounted to US$ 14.986 billion, reporting a growth of 1.74%. The main destinations for Argentine exports were Brazil (15.14%), China (13.11%), the United States (7.77%) and India (7.66%).
Among the most exported products are crude oils from petroleum or bituminous minerals, cakes and other solid residues from the extraction of soybean oil, corn, and soybean oil and its fractions.
Uruguayan exports totaled US$ 5,205 million, representing a growth of 12.20% in the first half of the year, with Brazil (19.09% of the total), China (17.10%), the United States (8.95%) and Argentina (4.89%) as main destinations.
This market mainly exports frozen beef, soybeans, raw wood, concentrated milk and cream, and rice.
CHILE IN RED
Chilean exports appear to be the only ones that fell, dropping 1.12% during the first half of 2024 and totaling US$ 49,637 million.
Its main destination markets were China (38.80%), the United States (14.60%) and Japan (7.53%).
The products most exported by Chile were copper concentrates, cathodes and sections of refined copper cathodes, and carbonates and peroxocarbonates.
Given these results, Idexcam estimates that South American exports will close the year in a favorable manner, which would contribute to a more solid economic recovery in the region.
