Peru’s non-traditional exports grow 7.2 % in the first quarter of 2023

Exports of non-traditional goods from Peru increased 7.2 percent between January and March of this year after totaling 4,661 million dollars, reported Wednesday by the Ministry of Foreign Trade and Tourism (Mincetur).

The portfolio indicated in a press release that the growth in the first quarter was due to higher sales of non-metallic minerals (74 percent), fishing (30 percent), and agricultural goods (9.5 percent), which together captured 3,003 million dollars.

At the end of March, domestic grape shipments in the agricultural sector increased by 27 percent with 704 million dollars, with which the South American country seeks to consolidate its position as the world’s leading grape supplier this year, as it did last year.

Along with grapes, shipments of blueberries (18.6 percent), avocado (38.2 percent), and asparagus (8 percent) also grew between January and March, while cocoa sales increased by 30.8 percent and animal feed by 14.3 percent.

Likewise, Mincetur’s Monthly Trade Report stated that, in the first quarter, in the non-traditional fishing sector, the export of squid stood out with shipments for 322 million dollars, representing an expansion of 208 percent with respect to the similar period of 2022.

Meanwhile, in non-metallic mining sales, shipments of natural calcium phosphate (86 percent) and anthracite (159 percent) stood out.

Mincetur assured that despite the negative effect generated by lower average export prices, shipments to China, the United States, and the European Union “have increased”.

In this sense, it highlighted that China “continues to be the main destination of the products that Peru sells to the world” since the growth of 1.8 percent was recorded due to higher shipments of zinc (40.3 percent), lead (14.4 percent), and pota.

On the other hand, Mincetur added that, in general terms, exports had a 4.8 percent drop in the first quarter compared to the same period in 2022 due to lower average export prices.

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