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Trade News

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: Exports expanded in Jan-May 2017

Friday, July 07, 2017 > 09:02:10
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Peruvian exports totaled US$16.402 billion in 2017's first five months, up by 25.3% from the same period last year, Foreign Trade and Tourism Ministry (Mincetur) informed.

Growth was underpinned by greater traditional and non-traditional shipments, which have experienced 11 months of positive results.   

In this context, Mincetur head Eduardo Ferreyros highlighted traditional sector had grown 33.6% in the period comprised between January and May 2017.   

Said rise was driven by higher foreign sales of petroleum and natural gas (+94.2%), fish meal (+52.5%), as well as mining products (+27.6%). 

On the other hand, non-traditional sector expanded 7.2%, boosted by fishery exports for direct human consumption (+43.4%), as well as by iron-steel (+18.8%) and farming (+7.7%) shipments. 

Top demanded products and market destinations

The most demanded farming products were grapes (+21.9%), fresh avocados (+10.2%) and mangoes (+7.9%). Main destinations for those fruits were the United States, the Netherlands, Hong Kong and China. 

In addition, the fishery sector saw increased exports of frozen giant squid to Spain (+38.8%) and China (+10.8%), as well as greater shipments of scallops to France (+46.6%) and Germany (+9.2%). 

 


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