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Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.

 

Peru non-traditional exports amounted over US$11.6 billion in 2014

Monday, February 23, 2015 > 11:47:02
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(Andina)

Non-traditional exports amounted US$ 11.618 billion in 2014, reflecting a 5.8% growth due to the "dynamism" performed by agricultural and fishing sectors, announced today Foreign Trade and Tourism Minister, Magali Silva.

The Head of the Foreign Trade and Tourism Ministry indicated the 5.8% increase was due to the US$633 million surplus obtained in 2014, in regard to 2013.


“The result obeys to growth of the exports in the sectors: Agriculture (US$772 million), fishing (US$123 million), metal-mechanic (US$38 million) and chemical (US$6 million),” she told.

Agricultural exports amounted US$ 4.205 billion in 2014, confirmed Peru’s Central Reserve Bank (BCR).

The amount led to a growth of 23%, compared to its similar period in 2013.

According to the Bank, the growth rate was more than double the percentage reached (11%) in 2013.

Last year following agricultural exports stood out: Quinoa (149%), cocoa (82%), fresh avocados (66%) and grapes (41%).

It was underlined the main exports target markets were: The US, Canada, for quinoa and fresh avocados; the Netherlands and Belgium (Cocoa); Hong Kong, China and the US (grapes).

“Agricultural products compose the most important sector among non-traditional exported goods, since those represented 36% of the total shipments with added value,” it was remarked.

Non-traditional exports totaled US$11.618 billion in 2014. The amount represented a 6.0% growth, related to the previous year, 2013.

This enabled to revert the 2.0% decrease registered in 2013.

Finally, it was indicated the trade balance reached positive US$142 million last December. The result reverted the deficits obtained during the previous nine months.


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