Peru increases biannual agri exports to Spain

In the first half of the year, Peru exported a total of 2.517 million dollars to the European Union, mainly in agricultural products to Spain. Non-traditional exports amounted to 1,089 million dollars, while agricultural exports to the EU grew by 4.2%.

Having reached 2.517 million dollars in invoiced exports, mostly in the form of agricultural products, Peru increased its biannual sales to the EU, between January and June 2015, by 4.2%. Spain was the biggest buyer of Peruvian products in this period.

Spain mainly purchased copper, natural gas, zinc, squid, cuttlefish, avocado, carburetors, tin, asparagus and piquillo peppers, which totalled 660.5 million dollars in the period, according to a report from the Exporters Association (Adex) in that country.

Meanwhile, the general dispatch orders include products such as avocados, mangoes, asparagus, cocoa beans, bananas, grapes, quinoa, passion fruit juice, lemon peel, piquillo peppers, tangerines, tomato seeds, melon seeds, and cocoa butter.

Other important destinations of Peruvian exports include the Netherlands (393.8 million dollars) and Germany (382.9 million dollars), which are followed by Italy, Belgium, United Kingdom, France, Bulgaria, Finland Denmark, Sweden, Portugal, Estonia and Poland.

Divisor month
In June, the country broke a negative trend it had had for the past 15 months, as it was able to increase the total export volume by 2.2%, stated the National Institute of Statistics and Information (INEI), on this occasion.

In the last month of the semester, the main export destinations were China (21.2%), USA (16.3%), Switzerland (5.3%), Spain (5%) and Canada (4, 5%), registering a total increase of 11.7% over June 2014.

This increase was due to an increase in the dispatch of mining products (21%) and fish (45%), reported the INEI. In detail the shipments consisted of: copper (39.7%), gold (3.4%), zinc (19.6%), lead (9.7%), tin (14.3%), fish meal (65.1%) and natural (57.4%) gas.

According to the "Prospects for Latin America and the Caribbean", a report made in July by the IMF, Peruvian exports will continue to grow during 2015, reaching an advance of its gross domestic product (GDP) of 3.2%, above many South American economies.

"Peru will have vigorous growth, although it will be half a percentage point lower than what was projected in April," stated the director of the Western Hemisphere Department of the IMF, Alejandro Werner, on the occasion.

Lima, which has a per capita GDP of 11,080 dollars, and an unemployment rate of 6.4%, appears tenth in the ranking made by AméricaEconomía media group of the best cities to invest in 2015 , a ranking in which it fell one place since 2014.


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