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Peruvian exports exceed US$65 billion in 2022

Peruvian traditional and non-traditional exports totaled US$65.58 billion in 2022, explained by the increase in shipped volumes in the first case and by higher volumes and better prices in the second, informed today, Monday, the Central Reserve Bank of Peru (BCRP).

Regarding traditional shipments, the issuing entity detailed that they amounted to US$47.35 billion in 2022, which meant a growth of 1.6 percent in 2021.

It was led by higher exported volumes of copper, oil and derivatives, natural gas, and coffee.

Peruvian exports exceed US$65 billion in 2022. (Photo internet reproduction)
Peruvian exports exceed US$65 billion in 2022. (Photo internet reproduction)

In monthly terms, in December, these exports amounted to US$4,19 billion, which represented an 8.0 percent expansion over the same month of the previous year.

Regarding non-traditional exports, the BCRP indicated that they totaled US$18.23 billion in 2022, representing a growth of 11.4 percent over 2021.

The result was higher shipments of 3.8 percent in non-metallic mining, iron and steel, and agricultural products. In this case, average prices were 7.2 percent higher.

In monthly terms, non-traditional exports reached US$1,83 billion in December 2022, which evidenced an expansion of 1.6 percent over the same month of the previous year.

On the other hand, the Peruvian Central Bank highlighted that in the last 10 years, total exports grew from US$47.4 billion to US$65.8 billion, registering an average annual growth rate of 3.3 percent.

Thus, he specified that the value exported in 2022 was US$18.4 billion, higher than that recorded in 2012.

The expansion reflects the impact of the higher volume of copper exports, whose average annual increase was 6.8 percent, and the shipment of non-traditional products, where the 10.9 percent increase in agricultural products stood out.

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