Exports grew 7.7% in May and accumulate progress of 16.2% in 2025

The National Institute of Statistics and Informatics (INEI) informed that in May of 2025, the total volume exported of goods increased 7.7% compared to the same month of 2024, driven by the greater shipments of traditional (6.9%) and non-traditional (8.9%) products.

According to the technical report Evolution of Exports and Imports, between January and May of 2025, the total exports grew 16.2% compared to the same period of the last year, due to the increase of traditional (15.0%) and non-traditional (19.1%) products.

During May of 2025, the volume of traditional exports grew 6.9% compared to May of 2024, as a result of the greater sale of oil and natural gas (40.8%), agriculture (33.6%), minerals (4.1%) and fishing (2.5%) products.

In the mining area, copper was the main driver with a growth of 13.6% and a participation of the 62.6% in the exports of the sector. In addition, gold (1.1%) and tin (12.4%) exports increased, meanwhile the shipments of lead (-7.4%) and zinc (-11.9%) decreased.

In traditional fishing products, outstood the increase of the fishmeal (2.7%), and in the agricultural sector, increased the coffee (38.1%) led the growth. Likewise, the exports of oil and natural gas increased 40.8%, driven by greater volumes of natural gas (52.0%) and oil derivates (58.9%).

During May of 2025, the non-traditional exports increased 8.9% compared to the same month of the last year, due to the good results in agribusiness (22.6 %), fishing (84.0 %) and textile (2.6 %) sectors.

In agribusiness, it outstood the exports of avocados (42.5%), mandarins (70.5%), other frozen fruits (80.5%) and fresh or refrigerated asparagus (6.2%). In fishing products, were registered significant growths in mussels and frozen scallops (366.8%), cuttlefishes and squids (539.1%) and preserved fish (29.6%).

In the textile sector, cotton T-shirts (5.2%), cotton knit shirts (10.2%) and cotton knit shirts (44.3%) outstood.

The volume imported of goods increased 19.6% in May of 2025 compared to the same month of the last year, counting 11 months of continuous growth.

Between January and May of 2025, imports increased 15.8% compared with the same period of the last year, by greater purchases of consumption goods (19.3%), capital goods and construction materials (18.4%) and raw materials and intermediate products (12.8%).

During May of 2025, the volume imported of capital goods and construction materials grew 25.5% compared to the volume registered in May 2024, due to the greater demand of goods for the industry (18.9%) and equipment of transportation (45.3%).

The import of capital goods for the industry registered a variation of 18.9%, before the greater requirement of smart phones (3.2%), machines for data processing of weight lower or equal to 10 Kg (67.9%), devices of digital telecommunication or by carrier current (10.7%), as well as part of devices for the reception, conversion and transmission or voice regeneration, image or other data (40.1%).

In transportation equipment, imports increased by 45.3% outstanding the assembled pick-up trucks (24.0%), Diesel vehicles for cargo greater than 20 tons (47.9%) and off-road dumper truck (165.1%). Likewise, construction materials grew (18.0%), especially the ceramic plates and tiles (10.6%).

The import of consumption goods grew 17.6% in May of 2025 compared to the same month of 2024, by greater purchases of non-durable (17.6%) and durable (17.7%) consumption goods.

Non-durable consumption goods that most outstood were the medicinal products for human use (16.4%), other footwear (29.5%), coats and similar articles of synthetic or artificial fiber (42.1%), beauty, make-up and skincare (12.0%) preparations. Among the durable consumption goods were the assembled automobiles, (8.3%), televisions (5.5%), the rest of vehicles (30.2%), automobiles with piston engine, 4x4 trucks (19.0%) and plastic manufacturing (35.2%).

During May of 2025, the imports of raw materials and intermediate products increased 17.1% compared to the level registered during the month of May 2024, due to greater purchases of raw material and intermediate products for the industry (22.5%), outstanding the waste and scrap of iron and steel (52.4%), hard yellow corn (41.6 %), polyethylene of high density (42.1%) and soya bean oil, crude (11.1%).

In the agriculture sector, the raw material and intermediate products registered a variation of 14.0%, driven by the preparations for animal feeding (34.6%) and ammonium sulphate (179.8%). Likewise, the imports of fuels and lubricants increased 5.5%, due to greater acquisitions of crude oil (12.7%) and diesel B5 (3.3%).