Peruvian exports grow more than 11% between January and September 2022

Peruvian exports grew by 11.1 percent between January and September 2022 by capturing US$47,8 billion, thanks to higher dispatches of products such as coffee (146 percent), announced today, Sunday, by the Ministry of Foreign Trade and Tourism (Mincetur).

The Peruvian portfolio detailed in a press release that the expansion was also due to the result of higher prices and volumes, highlighting the growth of exports of liquefied natural gas (307 percent), sulfuric acid (245 percent), and anthracite (202 percent).

According to Mincetur, traditional and non-traditional agricultural and livestock exports grew 18.7 percent between January and September this year, while palm oil and derivatives had higher sales (103 percent), as did coffee.

Meanwhile, fruit exports, which accounted for 51 percent of agro-exports, grew by 7 percent due to higher sales of blueberries (32 percent) and grapes (13 percent).

In the case of fish exports, traditional and non-traditional, it reached US$3.3 billion, higher by 1.3 percent compared to the same period in 2021.

Within the latter, the largest shipments of frozen fish (30.1%) and shrimp (25.8%) stood out.

Also noteworthy were textile and clothing shipments, which grew by 30.5 percent in September compared to the same period last year due to higher shipments of cotton (36 percent) and wool and fine hair (3.6 percent).

In the reference period, metallic and non-metallic mining exports reached US$27.3 billion, representing a slight reduction of 0.8 percent due to lower iron ore sales, with a decrease of 22.9 percent.

Along with higher anthracite exports (202 percent), calcium phosphate sales increased (50.3 percent), as did metallurgical exports (20.4 percent).

Given the upward figures, the head of Mincetur, Roberto Sánchez, celebrated that Peru’s policy of integration into the world has a “positive impact” on the Peruvian economy and its regions, especially for small and medium-sized companies.

“Peru is a country open to trade and foreign investment. It is the commitment of this government. We continue working on the search for new markets and strengthening bilateral relations with our trading partners,” Sanchez asserted.

In the first nine months of 2022, the leading destinations for Peruvian exports were China, the United States, the European Union, Japan, the Republic of Korea, Canada, the United Kingdom, Chile, Brazil, and Mexico.