As of September 2024, the accumulated trade balance for the last twelve months reached a surplus of US$21.993 billion, exceeding the value achieved in the previous month (US$21.113 billion), the
In monthly terms, a trade surplus of US$2.343 billion was recorded last September, a figure US$879 million higher than in the same month of 2023.
In September, exports value amounted to US$6.64 billion, up 12.4% compared to the same month last year, as a result of the 10.2% increase in the average export price.
"In line with the rise in international metal prices and the increase in prices of non-traditional products, as well as the 1.9% increase in volumes shipped, mainly of gold, natural gas, coffee and non-traditional sector products," the issuing entity explained.
Lastly, imports decreased by 3.4 % year-on-year to US$4.297 billion in September 2024, explained by the reduction in purchases of inputs, mainly oil and its derivatives.
(END) NDP/MDV/MBC/MVB