Peru’s Exports Rise 5% In March To $3.91 Billion

Foreign Trade and Tourism Minister Jose Luis Silva said Thursday that Peru’s exports totaled $3.91 billion in March, which is 5 percent higher than the same month last year.

The increase in exports was thanks largely to a 14 percent rise in non-traditional exports, which includes non-metallic minerals, steel, metal-mechanics, and textiles.

Traditional exports, which include Peru’s important mineral shipments, rose 2 percent to $2.94 billion.

In a ministry statement, Silva said that in the first quarter of this year Peru’s exports rose 14 percent to $11.5 billion.

Traditional exports rose 13 percent in the quarter to $8.79 billion, while non-traditional exports increased 15 percent to $2.60 billion.

Peru’s government aims to increase exports to approximately $50 billion this year. The country’s main export market is China, followed by the United States.

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