The number of exporting companies increased in the first two months of the year

The number of exporting companies increased in the first two months of the year

In the first two months of 2022 the number of Peruvian exporting companies reached 4,186, the highest historical figure of the period, registering an increase of 7.4% (287 new companies) compared to the same period last year (3 thousand 899), the Research Center on Global Economy and Business of the Association of Exporters (CIEN-ADEX).

The increase is due to the recovery of micro, small and medium-sized enterprises (MSME), mainly in the traditional and various mining subsectors, which offset the slight reduction in large enterprises.

According to the CIEN-ADEX report, in the first two months of the year micro-enterprises (3 thousand 090) represented 73.8% of the total, small (924) 22.1%, medium-sized (36) 0.9 % and large (136) 3.2%, with which micro, small and medium-sized enterprises (SMEs) concentrated 96.8% of all exporting units.

For shipments

In US $ FOB, it was observed that 87.7% of what was shipped overseas was paid by large companies, followed by small (9.2%), medium (1.8%) and micro enterprises (1, 3%).

Although the MSMEs achieved a participation of 96.8% of the total, they concentrated only 12.3% of the exported value, which reflects their high atomization, putting their permanence in the foreign market at risk, the report indicates.

By sectors, the highest number corresponded to agri-food (1,272), followed by chemistry (627), miscellaneous (618), metalworking (615), clothing (577), traditional mining (334), textiles (243), extraction of non-metallic metals (208), traditional agriculture (191), steel industry (188), fisheries and aquaculture (182), wood (99), among others.

The items that saw a reduction in the stock of companies were chemicals (-23), clothing (-15), steel industry (-13), fisheries and aquaculture (-11), hydrocarbons (-5) and traditional fishing (-4 ).

Similarly, in February 2022, those exporting from a single production sector predominated (82.9% of the total), in two sectors they were 11.8%, in three 3.5% and in 4 or more only 1.8%.

With regard to products, 53.7% of companies (2 thousand 249) shipped a single product, which highlighted its fragility in the face of any external impact of the market, 34% (1,424) between 2 and 5, 6.5% (270) between 6 and 9 products and only 5.8% (243) achieved high diversification with a portfolio of 10 or more items.

Nationally, 2,703 companies (64.6% of the total) had a single target market, of which the United States was the most important. Conversely, 146 (3.5%) arrived with their products in 10 or more countries.

If you only look at companies that have a single destination and export a single product, the number rises to 1,324. These are the most vulnerable to possible changes in trade policies.

In this group, 73.6% were micro, 21.1% small, 4.2% large and 1.2% medium.

/ IT / NDP /