The Central Reserve Bank (BCR) reported that Peru’s exports, both traditional and non-traditional, have experienced growth for the third year in a row in 2023, thanks to increased shipments and prices.
In 2023, sales of traditional products overseas totaled $48.6 billion, showing a 1.8% increase from 2002. This growth was mainly due to a significant increase in exports of mining products (+11.6%). the BCR explained.
The issuing entity reported that Non-conventional exports totaled $18.424 billion. , a The increase in value of 1.1% year-on-year was mainly due to a rise in prices of farming products by 11%.
At the level of shipments by value, The frozen giant squid saw the biggest yearly increase in growth at 37.5%, thanks to favorable weather conditions in the first half of the year. This was followed by fresh grapes at 28.1% and blueberries at 23.6%.Both items were the primary exports in 2023.
Moreover, the United States continued to be the primary choice for non-traditional products, with China (specifically seafood products) and other parts of Asia like Hong Kong experiencing the highest sales growth. the BCR pointed out.
