Total export volume of non-traditional products increased 2.0% in January 2023

In January of the current year, export volume of non-traditional products increased by 2.0% compared to the same month of the year 2022, by the growth of non-metallic mining (57.6%), metal-mechanic (29.9%), agricultural (1.3%), textile (7.4%) and fishing (4.1%) sector; this was informed by the National Institute of Statistics and Informatics (INEI), in the technical report Evolution of Exports and Imports.

The performance of non-metallic mining sector was based in the greater transactions of natural calcium phosphate (60.0%), anthracites (213.9%) and laminated safety glass for automobiles, aircrafts and others (150.2%). Among the products of metal mechanic sector, highlight the sale of machinery parts for classifying, grinding earth, stone or solid mineral (83.9%), electrical conductors (670.9%) and, plugs and caps for bottles (81.7%).

Likewise, export volumes of agricultural sector increased by 1.3% explained by the greater sale of mangoes and mangosteens (3.2%), blueberries (2.5%), asparagus (13.4%), preparations for animal feed (3.9%), crude cocoa (141.9%) and artichokes (54.9%).

In the case of textile sector increased the shipments of cotton T-shirts (13.2%), cotton knit shirts (98.3%), synthetic and artificial fiber shirts (1.6%), as well as other textile material knit shirts and T-shirts (17.6%). Among the exports, the fishing sector highlighted the greater shipments of frozen mussels, scallop (125.9%), squid and cuttlefishes (105.1%) and frozen horse mackerel (597.0%).

The INEI informed that during the month of January of the current year, the total export volume of goods reduced 28.0% compared to January of the year 2022, due to lower shipments of traditional products (-42.1%). Influenced in this result, the downturn of the agricultural (-55.2%), mining (-45.4%) activity, as well as petroleum and natural gas (-32.1%) and fishing (-11.1%).

The main countries of exports destination were China with 25.1%, United States of America 23.2% and Japan with 5.5% of the total export value in real terms.

The FOB total imported value decreased in 13.3%, due to lower purchases of capital goods and construction materials (-22.3%), raw materials and intermediate products (-12.1%) and consumer goods (-0,7%). In nominal values, FOB import added US$ 3,521.7 million, a lower amount in 14.7%, compared to the level reached in January of 2022.

The main supplier countries of imported goods were China with 29.2%; United States of America 18.9%; Brazil 6.5%; Mexico 3.7% and Germany with 2.7% of the real total value of the imports.

During the month under analysis, consumer goods import decreased by 0.7% compared with January of the last year, as result of the lower volume of purchases of non-durable consumer goods (-7.5%); while, it had a positive variation the purchase of consumer durables products (8.3%).

Among the non-durable consumer goods that reported lower demand were: medicines for human use (-1.6%), textile-material footwear and rubber or plastic sole (-17.7%), other footwear (-9.7%), as well as milk and powdered, granulated or solid concentrated milk cream (-11.3%). On the other hand, it increased the import of durable consumer goods such as automobiles (78.7%), coin-operated games, pieces or similar articles (798.9%), covers, cases and similar with textile material surface (16.6%), among the main ones.

During January of the current year, the volume imported of raw material and intermediate products decreased by 12.1%, compared with the same month of the last year, before the lower demand of raw materials and intermediate products for the industry (-18.2%) and, raw materials and intermediate products for the agriculture (-8.4%).

The lower demand of raw materials and intermediate products for the industry was associated to the lower domestic consumption of hard yellow corn (-37.9%), wheat, except for the sowing (-49.3%), waste and scrap of iron and steel (-34.9%), polyethylene of high density (-21.8%), among others. Among the raw materials and intermediate products for agriculture that reduced its demand, were oil cakes and solid residues resulting from the extraction of soybean oil (-32.1%) and preparation used to feed animals (-22.6%).

On the other hand, it grew the purchase of fuels, lubricants and allied products (0.7%), driven by the greater purchases of crude oil (32.5%) and Diesel B5 (50.8%).

During the month under analysis, the volume imported of capital goods and construction materials decreased by 22.3%, due to the lower demand of the following sectors: construction materials (-37.0%), capital goods for agriculture (-23.6%), capital goods for industry (-21.5%) and transportation equipment (-18.3%).

Among the construction, materials that reported lower demand were ceramic tiles with water absorption coefficient lower or equal to 0.5% (-39.7%) and iron or non-alloy steel bars with indentations and ribs (-60.5%). Among the capital goods for agriculture that showed negative results was the crawler tractor of power greater than 75 kW and lower or equal to 130 kW (-14.5%). Likewise, capital goods for the industry that reduced their commercialization were the Smart phones (-49.3%); machines for data processing of lower or equal to 10 kg (-54.2%); devices of digital telecommunication (-4.5%); mechanic shovels, excavators, loaders and wheel loaders (-9.9%), as well as machine parts for classifying, grinding earth, stone or solid mineral (-9.2%).

Finally, among the transportation equipment with lower demand were the trucks (-20.3%), pneumatics of those used for autobus or trucks (-8.8%), pneumatics used in construction and mining vehicles and machines (-31.5%), as well as autobuses (-1.6%).