Total imported volume grew 12.9% in April of 2024

During April of 2024, the total imported volume grew 12.9% the total imported volume increased in 12.9%, compared to the same month of the last year, this positive performance was based in the greater purchases of raw material and intermediate products (14.7%), capital goods and construction materials (12.1%) and consumption goods (10.2%). This was informed by the National Institute of Statistics and Informatics (INEI) in the technical report Evolution of Export and Imports.

In addition, it informed that during the period January-April of 2024, the total imported volume was greater in 7.1%, compared to the same period of the year 2023, result explained by the greater income to the country of raw materials and intermediate products (8.2%), capital goods and construction materials (7.1%), and consumption goods (4.4%).

The volume imported of raw material and intermediate products was superior in 14.7%, compared with the same month of 2023, as a result of the greater purchases of raw material and intermediate products for the industry (10.6%), fuels, lubricants and allied products (22.8%) and raw materials and intermediate products for agriculture (32.0%).

The growth in the import of the purchase volume of raw materials and intermediate products for the industry was based in the greater acquisition of hard yellow corn (35.8%), polypropylene in primary forms (78.5%), and waste and scrap of iron and steel (40.0%), among the main ones. Likewise, the increase in the purchase volume of fuels, lubricants and allied products was due to the increase in the domestic consumption of raw petroleum oil (97.1%), Diesel B5 (36.0%) and Diesel B2 (7.4%).

Likewise, the expansion of the purchase volume of raw materials and intermediate products for agriculture was due to the greater demand of oil cakes and solid waste from the extraction of soy oil (17.3%), preparations used to feed animals (89.3%) and pesticides (61.2%).

During the month under analysis, the import of Consumption Goods presented a growth of 10.2%, compared to April of 2023, due to the greater purchases of non-durable goods (14,2%) and durable goods (4.4%).

Among the non-durable goods stressed the medicinal products for human use (7.3%), other footwear (17.6%), beauty preparations, make-up and skin care (41.6%), preparations to wash and cleaning for retail sale (35.8%), powdered, granulated or solid concentrated milk and cream (3.8%), shampoo (20.7%), among others. Likewise, in the case of durable products were: television (66.9%), combination of refrigerator and freezer with separated exterior doors (28.2%), motorcycles (16.9%), among others.

During April of 2024, the volume imported of capital goods and construction materials increased in 12.1%, as a result of the positive evolution of transport equipment (21.5%), capital goods for agriculture (12.8%), capital goods for industry (9.6%) and construction materials (6.2%) sectors.

Among the transportation equipment that has positive variations outstood: Disel for vehicles for transportation of goods with load higher than 20 T (107.5%), pneumatics used in vehicles and machines for construction and mining (90.6%), off-highway dump trucks (331.5%), among others. Likewise, among the capital goods for agriculture were track-laying tractors and machines (1.8%).

At the same time, the growth of capital goods for the industry, was caused by the greater domestic consumption of smart phones (26.9%), machines for data processing of weight lower or equal than 10 kg (53.0%), power shovels, bulldozers, loaders and wheel loaders (105.2%), parts of machines to classify, crush, earth, stone or solid mineral (64.1%), among others. In the increase of purchases of construction materials influenced the greater acquisition of constructions and its parts of cast iron or steel (61.7%), non-alloy iron or steel with indentations and ribs (41.4%), among others.

The INEI informs that in April of 2024 the total volume exported of goods reduced in 17.1%, compared to the same month of 2023, due to the lower shipments of traditional (-18.6%) and non-traditional (-13.3%) products. Among the traditional exports that showed decrease were the lower shipments of minerals (-18.8%), petroleum and natural gas (-9.5%) and fishing products (-68.6%).

Therefore, it reduced the volume exported of copper (-27.0%), lead (-15.8%), zinc (-9.9%), tin (-22.5%), iron (-52.7%), refined silver (-1.6%). On the other hand, it grew the export of gold (26.5%). In addition, the unfavorable behavior of the volume exported of fishing traditional products was due to the lower shipments of fishmeal (-70.2%) and of fish oil (-56.4%). Also, the shipments of natural gas (-24.9%) and crude oil (-17.5%) decreased.

On the other hand, the export volume of non-traditional products contracted in 13.3%, compared to the same month of the last year; due to the negative evolution of the sectors: agriculture (-13.4%), fishing (-57.0%), non-metallic mining (-29.5%) and iron and steel industries (-11.2%).

In the contractive behavior of volumes exported of the agricultural sector influenced by the lower sale of avocados (-16.9%), fresh fruits (-41.4%) and preparations for animal feed (-1.6%). In the shipments of fishing sector outstood the lower volume exported of mussels and frozen scallops (-67.9%) and whole frozen shrimps (-54.9%).

In the non-metallic mining sector reduced the transactions of phosphate of natural calcium (-37.4%), anthracites (-44.9%) and plates of ceramic with a water absorption coefficient greater than 0.5% but inferior or equal to 10% (-11.3%). Likewise, the decrease of iron and steel industries was associated to the lower sale of non-alloy zinc (-23.4%), among others.