Total volume exported of goods grew 4.5% in June of 2023

In June of 2023, the total volume exported of goods increased by 4.5%, compared to the same month of 2022, driven by the performance of the traditional products exportation (7.8%). This was informed by the National Institute of Statistics and Informatics (INEI) in the technical report Evolution of Exports and Imports.

This result was based in the greater shipments of mining products (17.1%), mainly of copper (34.4%), lead (1.3%) and tin (9.6%); while it decreased the export of gold (-4.1%), zinc (-26.7%), molybdenum (-16.1%) and iron (-48.1%).

The exports of copper in real terms added US$ 2,079.1 million and grew by 34.4%, compared to June of the last year; being China the main buyer country of this metal, by purchasing the 72.4% of the total volume, with a variation of 32.3%.

On the other hand, the volume exported of fishing traditional products decreased by 93.7%, due to the lower shipments of fish meal (-95.5%) and fish oil (-66.9%). In addition, the volume exported of agricultural products decreased by 15.3%, due to the lower sale of coffee (-34.5%).

Likewise, the exports of petroleum and natural gas decreased by 23.0% based in the lower volumes of natural gas (-29.7%).

In June of 2023, the export volume of non-traditional products decreased by 5.2% compared with the same month of the last year due to the negative incidence of the textile, chemical, agricultural and iron & steel industries sectors.

The exports of the textile sector decreased by 21.7%, due to lower shipments of cotton T-shirts (-44.6%); cotton knit shirts (-0.5%) and other textile material knitted T-shirts and shirts (-12.2%). The shipments of the chemical sector decreased by 16.8%, before the lower transactions of sheets of polymers of ethylene (-36.0%), sulfuric acid (-34.0%) and zinc oxide (-35.8%). During the month under study, the exports of the agricultural sector registered a setback of 4.2% because of the lower export of asparagus (-23.9%) and citric (-16.7%).

In addition, the falling on the volumes exported of the iron & steel industries sector by -5.9%, determined by the lower sales of unalloyed zinc (-16.8%), refined copper wire (-5.9%), as well as the refined copper sheets and strips (-6.7%).

The total imports reduced by 3.8%, compared to the same month of the year 2022. During the first semester of 2023, the volume imported decreased by 3.6%, due to the lower income of raw materials and intermediate products (-6.2%), as well as capital goods and construction materials (-3.9%).

In June of 2023, the volume imported of raw material and intermediate products decreased by 11.9%, compared to the same month of the previous year, before the lower demand of fuels, lubricants and allied products (-30.3%), raw materials and intermediate products for agriculture (-13.6%) and raw materials and intermediate products for industry (-0.7%).

The decrease in the purchase volume of fuels, lubricants and allied products was based in the lower acquisition of Diesel B5 (-66.4%), crude oil (-65.9%), jet fuels like kerosene for jet fuels and turbines (-12.9%), among others. Likewise, the acquisition of raw materials and intermediate products for agriculture decreased due to the lower transaction of preparation used for feeding animals (-12.9%).

In addition, it was registered the lowest acquisition of raw materials and intermediate products for industry, explained by the fall of domestic consumption of polyethylene of high density (-30.0%), polypropylene in primary forms (-20.8%), low-density polyethylene (-33.6%), flat laminated products of tinned iron or steel (-46.9%) and ammonium nitrate (-31.4%).

During the month under analysis, the import of Consumption Goods in real terms belonging to the year 2007 grew by 4.8%, compared to June of the year 2022, due to the high level of purchase of non-durable consumption goods (8.5%) and durable consumption goods (0.8%).

Among the non-durable consumption goods of higher demand were, other footwear (33.0%), textile material footwear and rubber or plastic sole (33.4%), powder, granulated or solid concentrated milk and cream (19.6%), among others. Likewise, in the case of durable products are the plastics manufacturing (7.5%), refrigerator and freezer of separated exterior doors (81.3%), electro-thermic appliances of domestic use (66.7%), among the main ones.

During the sixth month of this year, the volume imported of capital goods and construction materials grew by 4.8%, because of the better performance of the capital goods for industry (5.4%) and transportation equipment (6.4%).

Among the capital goods for industry that showed positive results were smart phones (17.8%), digital telecommunication devices (51.9%), parts of machines for classify, grind earth, stone or solid mineral (11.2%), among others. In the case of transportation, equipment outstands trucks (1.7%), road tractors for semi-trailer (26.2%), pneumatics of those used in autobus or trucks (56.9%).

On the other hand, the negative result in the import of construction materials (-0.9%), was determined by the lower consumption of constructions and its parts of iron and steel casting (-34.7%). Also registered lower acquisition of capital goods for agriculture (-9.7%) of products such as Caterpillar tractor of higher power than 37 kW and lower or equal to 75 kW with a variation of -47.5%.