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Peruvian fruit exports increased in March despite the pandemic

According to data provided by Peru's Ministry of Foreign Trade and Tourism (Mincetur), despite the global spread of the coronavirus, fruit exports increased by 37% in March, totaling 253 million dollars, accumulating growth for seven consecutive months.

During the first quarter of the year, shipments increased by 20% totaling 1.016 billion dollars

The Deputy Minister of Foreign Trade, Sayuri Bayona, said that the increase in fruit shipments in the third month of the year was mainly due to the increase in avocado and grape sales.

Peruvian avocado exports amounted to 116 million dollars in March (+225%) and a total of 140 million dollars in the first quarter (+210%). Shipments to Spain (+1,033%), Russia (+245%), and the Netherlands (+55%) increased.

Grape shipments amounted to $18 million in March (+31%) and 470 million in the first quarter (+33%). The result was due to higher sales to the United States (+47%), the Netherlands (+36%), and Hong Kong (+26%), destinations that account for 75% of all grape exports.

Mango exports in the first quarter of the year also stood out with 250 million dollars (+7.5%). This performance was due to higher sales to the United States (+24%), the second most important destination behind the Netherlands, as well as higher sales to Russia (+275%), and Belgium (+31%).

Total exports
At a general level, exports fell by 39% in March, which means there was an accumulated 16% fall in exports between January and March 2020.

Traditional exports fell by 43.5% in March (-1,471 million dollars) and 18.7% (-6,243 million dollars) in the first quarter. Meanwhile, non-traditional exports fell by 27.9% in March and by 9.4% in the first quarter of the year.

The result was an effect of the mandatory national quarantine due to the coronavirus, lower international prices, and the low availability of hydrobiological resources.

 

Source: gestion.pe 


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