The accumulated trade balance over the previous 12 months registered a surplus of US$23.050 billion as of November 2024, a record in annualized terms.
Likewise, the issuing entity indicated that sales abroad totaled US$7.039 billion in November, a value 18.7% higher compared to the same month in 2023.
The BCR explained that this export figure was due to a 9.5% increase in the average price, in line with high international metal prices (gold, zinc, and copper), as well as an 8.4% growth in average volume due to greater shipments of copper concentrates, hydrocarbons, and non-traditional products from the agricultural and iron-steel sectors.
Meanwhile, imports amounted to $4.615 billion in November 2024, 15% higher year-on-year, due to an increase in all major categories.