Exports Rise In First Four Months Of 2012; Decline In April

Peru’s exports totaled $14.6 billion in the January to April period, which is an increase of 9 percent compared to the year-ago period, state news agency Andina said.

The Ministry of Foreign Trade and Tourism said that traditional exports, which include metals and other commodities, rose 8 percent in the four-month period, while non-traditional shipments increased 12 percent year-on-year.

The ministry said that in April, exports declined by 12 percent compared to the same month in 2011 as a result of international economic troubles. Exports in April totaled $3.01 billion, the ministry said.

Traditional exports saw a 16 percent decrease in the month as commodity prices, with the exception of gold, have fallen significantly since April 2011.

Non-traditional exports were still able to post a boost, rising 2 percent in April thanks to an increase in shipments from the textile, non-metallic mining, and mechanic metals sectors, the ministry said.

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