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non-traditional export from Peru was $18,232 million last year, up 11.4% from 2021, the Central Reserve Bank said (BCR).
The issuing entity indicated that overseas sales of blueberries stand out in this result, with a year-over-year growth of 13.3%; fresh grapes, the growth of which was 8.4%; and calcium phosphates, which rose by 64.9%.
In addition, frozen squid (giant squid) rose in price by 3.3%, zinc products by 13.3; tangerines 3.8%, shrimp food 40.1% and sulfuric acid 196.1%.
He BCR pointed out that over the past ten years, the value of non-traditional Peruvian exports has increased by an average of 5% per year.
Across the major economic blocs, 2022 saw an increase in sales of non-traditional products to Latin America, with an average growth of 1.3% over the past ten years, and to the European Union, with a growth of 7.1%.
By country, the United States has been the top destination for non-traditional Peruvian products, mostly agricultural and non-metal mining, with an annual fluctuation of 15.5% and an average of 8% over the past decade.
Last Tuesday, the National Institute of Statistics and Informatics (INEI) reported that Peru’s 2022 merchandise exports fell by 6.3% due to a decline in non-traditional goods, mainly mining and fishing, while imports rose by 2.2%. %.
Main Markets
INEI indicated that the top destination countries for Peruvian overseas sales are China, which accounts for 33.7% of total exports, followed by the US (14.8%), Japan (5.1%), South Korea (4. 6%) and the Netherlands. (3.2%).
The volume of imports, in turn, rose by 2.2% due to the increase in purchases of raw materials and intermediate products for industry, which rose by 7.5%, always according to INEI.
In commodity terms, purchases of B5 diesel (47.3%), ferrous metals and scrap metal (38.1%), motor gasoline without tetraethylene (4.8%) and crude oil (3.9%) increased.
In nominal terms, the export value was $59.277 million, down $1.385 million from the level reached in 2021.
On the other hand, the value of imports was $54,655 million, up 17.4% from the previous year.
Thus, INEI concluded that Peru’s trade balance in nominal and real terms was a positive balance of $4,622 million and $903 million, respectively.
(with EFE information)
Source: RPP
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.