Level of diversification of Peruvian exports of sacha inchi oil, 2014-2024 (#1150)

Authors

Rojas-Guamuro, Cesila Cristina

Chavesta-Paico, Sheyla Johana

Abstract

Sacha inchi oil is a significant product among Peru's non-traditional exports, standing out for its high nutritional value and versatility in various industries. This research analyzes the dynamics of its exports, with an emphasis on the level of diversification of destination markets, measured using the Theil Index, and on the structure of exporting companies, evaluated through the Herfindahl-Hirschman Index (HHI). Methodologically, the research adopts a basic quantitative approach and a non-experimental design, based on the systematic analysis of foreign trade statistics from Infotrade corresponding to tariff heading 1515.90.00.90. The results show that exports reached their peak growth in 2020, with increases of 54% in FOB value and 65% in net weight. During the study period, the main exporting regions were Lima (55%), San Martín (25%), and Callao (20%). The highest degree of market diversification was recorded in 2018, with a Theil index of 0.213; however, in 2020 the index increased to 0.456, indicating greater concentration, primarily in Taiwan. Likewise, the business structure showed a high level of concentration in most years, with Herfindahl-Hirschman Index (HHI) values ​​exceeding 1800. It is recommended to promote the export diversification of sacha inchi oil, prioritizing strengthening business capacities, public-private partnerships, and the development of market research and business intelligence, complemented by international promotion activities.