Peru's traditional exports reached US$ 23.61 billion in 2008, which represents an 8.5 percent growth compared to 2007, reported Peru's Trade and Tourism Promotion Board (PromPerú).
This growth was mainly by falling prices of mining products in the third quarter of last year.
In December 2008, the value of exports was reduced by 40.7 percent, reaching US$ 1.32 billion.
Mining products totaled US$ 18.3 billion, increasing 4.9 percent last year, most of these products were copper exports (7.66 billion with a 6.2% rise), and gold exports(5.57 billion - 33% increase).
At the beginning of 2008, copper prices in the international market was US$ 3.2 per pound, and fell up to US$ 1.4 at the end of 2008.
Gold prices experienced a minor reduction, dropping from US$ 890.9 per Troy ounce to US$ 820.5 in the same period.
Oil exports and its derivatives totaled US$ 2.8 billion, which represents 22.7 percent more than last year, due to higher sales to the United States (33.9 percent) and Canada (217.3 percent).
PromPeru said that shipments in December 2008 totaled US$ 100.2 million, which represents a fall of 63.2 percent due to lower international oil prices. (Andina)
This growth was mainly by falling prices of mining products in the third quarter of last year.
In December 2008, the value of exports was reduced by 40.7 percent, reaching US$ 1.32 billion.
Mining products totaled US$ 18.3 billion, increasing 4.9 percent last year, most of these products were copper exports (7.66 billion with a 6.2% rise), and gold exports(5.57 billion - 33% increase).
At the beginning of 2008, copper prices in the international market was US$ 3.2 per pound, and fell up to US$ 1.4 at the end of 2008.
Gold prices experienced a minor reduction, dropping from US$ 890.9 per Troy ounce to US$ 820.5 in the same period.
Oil exports and its derivatives totaled US$ 2.8 billion, which represents 22.7 percent more than last year, due to higher sales to the United States (33.9 percent) and Canada (217.3 percent).
PromPeru said that shipments in December 2008 totaled US$ 100.2 million, which represents a fall of 63.2 percent due to lower international oil prices. (Andina)
peru, s, traditional, exports, rose, 8, 5, to, 23, 61, billion, in, 2008
peru, s, traditional, exports, rose, 8, 5, to, 23, 61, billion, in, 2008
