Agro, Business, Mining

Peru exports increase by almost 30 percent

During the first two months of 2008, Peruvian exports reached more than $4.7 billion, a 29.7 percent increase over the same period last year, Radio Programas reported the Peruvian Commission for Exports and Tourism, PromPeru, saying.

The largest importer of Peruvian exports was reportedly the United States, which received 18 percent, followed by China at 12 percent, Switzerland at 11.6 percent, Chile at 6.9 percent and Canada at 6.1 percent.

Agro industry exports totaled $329 million, a 46 percent increase, while textile exports reached $298 million, a 31 percent increase, and the chemistry sector exported $153 million, a 32 percent increase over last January and February.

PromPeru also reported that mining exports totaled more than $1.4 billion in February, a 31 percent increase over the same month last year, according to Agencia Andina. Copper exports reached $582 million, a 56 percent increase and gold exports totaled $471 million, a 64 percent increase over last February.

Molybdenum exports also increased to 85.1 percent along with lead exports at 32.7 percent. However, zinc exports reportedly decreased by 53.7 percent to $104 million.

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