Home / Knowledge / News / Exports witness a phenomenal growth in first half of 2008
Exports witness a phenomenal growth in first half of 2008
Aug '08
Reasonable prices of raw materials and a expanding textile, chemical and agricultural sector helped Peruvian exports soar by 27.9 percent in the first half of this year fetching US $15.9 billion.

Exports in the month of June alone brought revenues amounting to $2.7 billion registering an increase of 11.4 percent compared to the corresponding period last year and adding up to 76 consecutive months of growth.

Moreover, in the period between July 2007 and June 2008, total exports amounted to $31.3 billion, recording an increase of 21.3 percent compared to same period of the previous year.

Exports were done to 168 markets in the first half of this year of which 90 of them exceeded the mark of one million dollars. United States accounted for 18.8 percent of total exports while China, Switzerland, Canada and Japan accounted for 11.7, 10.5, 6.8 and 6.4 percent respectively. The group on a cumulative basis absorbed a total of 54.2 percent of the total exports.

Additionally, markets that immensely helped Peruvian exports expand included North Korea, India and Indonesia fetching $98, $184.4 million and $19.8 million respectively. In fact, of the 10 major export destinations, six were South American countries, (Venezuela, Colombia, Chile, Ecuador, Bolivia and Brazil), one North American (United States), two European (Spain and the Netherlands) and one from Asia (China).

Must ReadView All

(left to right) Rohit Munjal, Ashok  Shah, Rahul Mehta, Premal Udani, Rajesh Masand and Jayesh  Shah

Textiles | On 28th Jun 2017

CMAI to host 822 exhibitors at 65th National Garment Fair

The Clothing Manufacturers Association of India (CMAI) will host over ...

Textiles | On 27th Jun 2017

Govt defers tax deduction at source provision under GST

E-commerce players in India will not be required to deduct tax on...

Apparel/Garments | On 27th Jun 2017

Future Group aims Rs 12,000 crore in fashion business

Future Group, which runs retail stores across India under various...

Interviews View All

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
July 2017

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search