In June, the downward trend in Peruvian exports reversed and agriculture became the protagonist

Published 2020년 8월 2일

Tridge summary

Exports in June 2020 saw a recovery, with agriculture being a key contributor to this trend. Compared to the same month the previous year, there was a 17.2% increase in agricultural exports, including a 179.7% growth in fresh and frozen beef, a 96.4% increase in palm oil, and a 66.4% increase in dairy products and poultry eggs. Despite a 21.4% decrease in manufacturing exports in June, there was growth in exports of telecommunications devices, scientific instruments, and prefabricated buildings. Overall, agricultural exports grew by 0.6% in the first half of the year, while manufacturing exports fell by 22.2%.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In June, and despite the global circumstances generated by COVID-19, exports of goods that had been falling since February of this year, began to recover. The year started with exports in the order of US $ 3,423.6 million, but immediately in February they began to decline and reached US $ 3,018.6 million, until in April they reached their lowest point with US $ 1,843.9 million. However, in May they resumed their course, began to rise and in June they reached US $ 2,278.1 million, according to the report published by DANE. One of the sectors that contributes to this change in the trend is agriculture, which in the sixth month of the year had an increase in exports of 17.2% (US $ 615 million), compared to the same month of the previous year. External sales of various products contributed to the good performance in June. Those of fresh and frozen beef stand out, growing 179.7%; palm oil (96.4%); dairy products and poultry eggs (66.4%); green coffee (42.7%); bananas, including ...

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