News

Peru: Non-traditional exports grow 1.1% in 2023

Frozen Squid
Seafood
Fresh Asparagus
Published Mar 25, 2024

Tridge summary

In 2023, Peru's non-traditional exports saw a modest growth of 1.1%, reaching USD 18,424 million, thanks to higher agricultural product prices and increased squid fishing yields due to favorable weather. The United States continued to be the largest market for these exports, especially agricultural goods, while exports to China and other Asian countries grew significantly, particularly in the fishing and agricultural sectors. Key products contributing to this growth included frozen squid, fresh grapes, blueberries, calcium phosphates, fresh avocados, and fresh asparagus.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Non-traditional Peruvian exports reached USD 18,424 million in 2023, growing 1.1% compared to 2022, mainly due to the increase in the prices of agricultural products, as reported by the Central Reserve Bank (BCR). “In addition, the higher volumes shipped of squid fishing products stood out in the first half of the year, favored by weather conditions,” said the BCR. In 2023, the main destination for non-traditional exports continued to be the United States, where the higher prices of agricultural products stood out. It should be noted that the destinations with the greatest growth were China due to higher sales of fishing products and the rest of Asia due to the growth in the exported value of agricultural products, as in the case ...
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.