Volume exported of traditional products increased 36.9% in May of this year

In May of 2023, the export volume of traditional products grew by 36.9%, compared to the same month of the last year, compared to the same month of the last year, due to the progress of the mining activity (48.0%). This was informed the National Institute of Statistics and Informatics (INEI) in the technical report Evolution of Exports and Imports.

The volume exported of mining traditional products increased by 48.0%, as a consequence of greater shipments of copper (38.9%). Additionally, it registered the same performance the shipments of zinc (59.8%), lead (38.4%), tin (20.2%) and molybdenum (15.1%). While the sale of gold (-12.0%) and iron (-62.1%) decreased.

The exported volume of fishing traditional products decreased by 63.8%, compared to the same month of the last year, due to the lower shipments of fishmeal (-71.0%) and fish oil (-47.1%). The same trend showed the export in the agricultural sector by -0.1%, before the lower sale of coffee (-23.1%). Also, the exports of petroleum and natural gas decreased by 27.6%, due to the lower volumes exported of petroleum products (-10.8%) and natural gas (-41.5%).

In the fifth month of the year, the total volume of exported goods increased by 26.0%, compared to the same month of 2022, due to greater shipments of traditional (36.9%) products and non-traditional (3.5%) products. The main countries of destination of exports were China with 43.7%, United States of America 8.8% and Spain with 5.4% with total export in real terms.

In May of 2023, the export volume of non-traditional products grew by 3.5%, compared with the same month of the last year.

The exports of the fishing sector increased by 38.1% due to the greater shipments of mussels, scallops, frozen (107.1%); squid and cuttlefishes (280.5%) and frozen whole shrimps (27.6%). The shipments of the non-metallic mining sector increased by 29.3%, sustained in the greater transactions of calcium phosphate sustained in the greater transactions of natural calcium phosphate (119.6%), anthracites (10.7%) and gas bottles (8.4%).

The iron and steel sector increased by 16.4% before the greater exports of unalloyed zinc (85.4%) and refined copper wires (17.8%). Likewise, the exported volumes of the metal-mining sector increased by 15.8% due to the greater sale of mechanical diggers, excavators, loaders and wheel loaders (811.3%) and well drilling or core drilling machines (133.8%).

Additionally, the exports in agricultural sector grew by 1.7% as result of the greater shipments of avocados (29.8%), preparations for feeding animals (16.0%), as well as mangos and mangosteens (9.6%).

The total imported volume increased by 7.9% compared to the same month of the last year. In the period January- May of 2023, the volume imported decreased 1.4%, due to the lower income of capital goods and construction materials (-5.6%) and raw materials and intermediate (-0.3%).

During the month under analysis, the import of consumption goods increased by 20.2%, after two months of unfavorable behavior, explained by the high level of purchase of non-durable consumption goods (10.3%) and durable consumption goods (34.8%).

Among the non-durable consumption goods that registered the greater demand were, the milk and powdered, granulated or solid concentrated cream (95.0%); other footwear (12.2%); preparations of beauty, make-up or skin care (81.5%), among others. In the case of durable products are the automobiles (55.8%), televisions (23.0%), refrigerator and freezer of separated exterior doors (83.3%), among the main ones.

In May of 2023, the volume imported of raw material and intermediate products increased by 3.2% compared to the same month of the last year, before the greater demand of fuels, lubricants and allied products (31.3%).

The growth in the purchase volume of fuels, lubricants and allied products was based in the greater acquisition of crude oil (82.4%), diesel B2 (1.7%), non-tetra ethylene fuel for automobiles gasoline (100.8%), liquefied propane gas (61.3%), among others.

While, it reduced the import of raw materials and intermediate products for agriculture (-30.3%) due to the lower purchases of preparation used for feeding animals (-4.0%) and herbicides, germination inhibitors and growth regulators of plants (-22.8%). Among raw materials and intermediate products for industry (-5.0%), were hard yellow corn (-540%), polypropylene in primary forms (-33.6%), polyethylene of low density (-3.6%), among the main ones.

The volume imported of capital goods and construction materials increased by 7.3%, as a result of the greater development of the of the sectors of capital goods for industry (6.0%), equipment of transportation (15.4%) and capital goods for agriculture (24.2%). Among the capital goods for the industry outstood: machines for data processing of weight lower or equal to 10 Kg (37.1%); parts of machines to classify, grind, earth, stone or solid mineral (7.3%); machinery parts and lifting, digging, flattening and leveling devices (18.0%).

Among the transportation equipment were trucks (94.2%), pneumatics used in vehicles and machines for the construction and mining (8.9%) and vehicles for the transportation of more than 16 persons (209.7%). Finally, the growth of capital goods for agriculture in 24.2% was due to the greater domestic consumption of caterpillar truck of power greater than 75 kW and lower or equal to 130 kW. (68.7%).

On the other hand, the import of construction material was affected (-5.2%), due to the lower consumption of ceramic tiles with a water absorption coefficient greater than 0.5% (-46.1%) and unalloyed iron or steel bars with indentations and ribs (-77.8%).