• by IPS Correspondents (lima)
• Thursday, November 10, 1994
• Inter Press Service

LIMA, Nov 10 (IPS) - Peru's trade with the members of the Latin American Integration Association (Aladi) was 25.3 percent higher between January and June of this year than during the same period of 1993, according to the national Customs Supervision.

Total trade with Aladi nations came to over 1.3 million dollars for the six-month period this year, with 412 million in exports and 910 million in imports.

These figures represent increases of 24.8 percent in exports and 25.6 percent in imports over the first half of 1993.

Aladi members consume just over half of Peru's exports, primarily non-traditional products, although July figures showed that increased petroleum sales had produced a rise in the traditional sector as a whole.

Brazil dominated Peru's trade with Aladi, with 98.7 million dollars in imports of Peruvian products and 185.5 million dollars in exports to its South American neighbour.

Second place goes to Mexico, which acquired 78 million dollars in imports from Peru and sent products totalling 83 million.

Peru's trade balance with Aladi members was positive only in the cases of Bolivia and Cuba. Bolivia received 36.6 million dollars in Peruvian products, exporting 28.6 million, while Cuba imported 553,000 dollars worth of goods and sent 146,000.

The most drastic negative balance was with Argentina, as Peru acquired wheat and dairy products, among others, for a total of 184.1 million dollars, exporting less than 11 million dollars.

The Customs Supervision figures also indicate that, of its total imports from the region, 546 million dollars corresponded to intermediate goods, 200 million to consumer goods and 151 million to capital goods.

© Inter Press Service (2014) — All Rights Reserved. Original source: Inter Press Service

Where next?

Advertisement