Monday, October 2, 2023

CCL: Exports would have increased by 6% in July | Latest | BUSINESS

According to the Foreign Trade Research and Development Institute of the Lima Chamber of Commerce (Idexcam), exports in July of this year would have amounted to 4,998 million dollars, an increase of 6% compared to the same month of 2022.

“The positive result was thanks to the mining sector, whose exports accounted for 66% of the total export value, having added $3,306 million, representing a growth of 32%,” said Idexcam managing director Carlos Posada.

In this sector, copper ores and their concentrates were the most exported products, of which 806,280 tons (32%) were shipped for $1,613 million (43%). This increase was primarily influenced by higher demand from China and, to a lesser extent, Japan and South Korea.

On the other hand, another important sector for Peruvian exports was non-traditional agriculture, which recorded a decrease of 6% compared to July 2022, totaling exports totaling $639 million.

Exported product lines that fell this month include fresh mandarins, totaling 35,378 tons (-43%) for $44 million (-33%). This result can be explained by lower shipments to the United States, which totaled 21,086 tons (-54%) for $25 million (-47%); United Kingdom, 2,504 tons (-35%) for $3 million (-24%); and Canada: 1,442 tons (-42%) for $2 million (-33%).

Likewise, fresh blueberry exports recorded a decline, having recorded 6,104 tons (-35%) for $37 million (-35%). The decrease could be explained by lower shipments to the United States of 1,750 tons (-54%) for 11 million dollars (-50%); China, 1,215 tons (-51%) for $8 million (-56%); Hong Kong, 863 tonnes (-23%) for $6 million (-26%); and the United Kingdom: 584 tons (-8%) for $3 million (-14%).

Meanwhile, of the top ten export destinations, only five recorded positive performances in July: China, $1,866 million (+19%); South Korea: $236 million (+75%); India, $206 million (+34%); Spain, $187 million (+56%); and Brazil: $144 million (+12%).

Destinations that recorded negative values ​​include: United States, $677 million (-6%); Japan: $254 million (-3%); Canada, $196 million (-5%); Chile, $169 million (-6%); and the Netherlands $116 million (-15%).

Nation World News Desk
Nation World News Desk
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