Growth is mainly due to the better performance of agribusiness and hydrocarbons

ADEX: Exports totaled US$ 42.467 million between January and August 2022, showing an increase of 13.1%

Peruvian exports between January and August 2022 totaled US$42.467 million, experiencing an increase of 13.1% compared to what was achieved in the same period of 2021, mainly due to the better performance of agribusiness and hydrocarbons; however, there are still 8 sectors that have not exceeded their historical maximums, reported the Association of Exporters (ADEX).

Traditional agriculture, for example (US$ 721.2 million), does not reach US$ 780 million from January-August 2011, nor does primary fishing (US$ 1.843.300.000) and traditional mining (US$ 23.863.600.000) the US $1,919 million and $24,010 million last year (January-August), respectively. Others were textiles, clothing, fishing for direct human consumption, wood and miscellaneous.

The president of the union institution, Julio Pérez Alván, insisted on his request to create an environment of predictability that generates confidence in order to resume long-term private investment, as well as other sectoral measures such as the project of the Ministry of Economy and Finance ( MEF) with the purpose of guaranteeing the supply of gold in the country.

“It is time for our authorities to resolve Peru's structural problems, taking into account macroeconomic stability, fiscal responsibility and a head-on fight against corruption,” he commented.

It should be noted that the monthly detail shows that national shipments grew in January (20.9%), February (28.1%), March (20.7%), April (14.1%), June (21.5%) and August (5.6%). ); and fell in May (-1%) and July (-0.9%).

The report of the Center for Research on Global Economy and Business of the Association of Exporters (CIEN-ADEX) detailed that primary shipments, which totaled nearly US$ 30.870.800.000, increased 10.9% in relation to the same period of the previous year ( US$27.848 million).

Mining (US$ 23.863 million) reduced its shipments -0.6% –copper remained the main product with almost US$ 11.500 million despite reducing its shipments by -1.2%–, and traditional fishing (US$ 1.843 million ) -3.9%%. Hydrocarbons (US$ 4.443 million) grew 169.5% and traditional agriculture (US$ 721.200.000) +166.4%.

For their part, shipments with added value between January and August of this year amounted to more than US$11.596.100.000, an increase of 19.5% compared to the same period in 2021 (US$9.700 million). All sectors showed positive results.

The two most important were agribusiness with US$5.065.400.000 (+12.9%) and chemicals with US$1.562.300.000. They were followed by iron and steel with US$1.141.600.000, fishing and aquaculture US$1.087 million and clothing with US$936.142.000, among others.

Non-metallic mining, clothing and chemicals stood out for their greatest increase compared to the same period in 2021, with 54.4%, 36.9% and 34.7%, respectively.

The CIEN-ADEX report states that as of August 2022, a greater number of exported products (+84) and exporting companies (+577) were observed, standing at 3.879 and 6.975.

On the other hand, the number of destinations fell from 166 to 161. China was the main one with 34% of the total, reaching US$14.447.200.000, followed by the United States with US$5.419.700.000, Japan, South Korea , Canada, India, UK, Chile, Switzerland and others.

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