Peruvian exports value will experience a 23% expansion in 2017, mainly underpinned by greater foreign sales of mining and agricultural products, private-run Foreign Trade Society (ComexPeru) General Manager Jessica Luna projected.
According to Luna, Peruvian shipments abroad might increase from US$36.312 billion in 2016 to US$44.731 billion by year-end.
According to ComexPeru, shipments decreased in 2013 (-8%), 2014 (-9%), and 2015 (-13%), but they grew 8% in 2016.
Likewise, the ComexPeru representative stressed the importance of
exports growth, as it generates greater income for the country, creates more jobs for Peruvians and leads to higher tax collection for the State.
Within this framework, Luna projected Peruvian exports might account for 21% of the country's GDP.
Traditional exports
The officer forecasted
traditional exports will total US$32.945 billion in 2017, up by 29% from 2016.
"Traditional mining exports will account for 81% [US$26.616 billion] of the growth projected for the end of the year […]," she expressed.
Sectors such as petroleum and derivatives (+57%), as well as fishery (+48%) will also increase their foreign sales.
Non-traditional exports
On the other hand,
non-traditional shipments will rise 9%, thus totaling US$11.786 billion in 2017.
In this sense, 44% of non-traditional exports will correspond to the
farming sector, reaching US$5.150 billion, up by 9% from 2016.
Other sectors that will register increases in 2017 include handicraft (+51%), fishery (+23%), iron-steel (+18%), and textile (+5%).
(END) MMG/MMG/JAA/MVB