The trade balance posted a surplus of US$34.573 billion in 2025, an increase of US$10.271 billion from 2024 (US$24.302 billion), the
It indicated the result was driven by export growth, although partly offset by the annual increase in imports.
The BCR reported that exports totaled US$93.078 billion in 2025, marking annual growth of 21.8%, supported by higher export prices and, to a lesser extent, increased shipment volumes.
The issuing entity noted that export prices rose 16.7% year on year, reflecting elevated mining commodity values, with gold and copper prices up 43.6% and 24.2% over the year, respectively.
"Export volumes rose 4.4% year on year, driven by higher production of export fruits such as blueberries, avocados, and grapes; strong momentum in cacao exports and related manufactures; increased fisheries shipments (mainly giant squid and fish-meal and -oil); growth in gold exports; and a recovery in zinc exports," it indicated.
Monthly trade surplus
On a monthly basis, a trade surplus of US$3.999 billion was recorded in December 2025, US$1.603 billion higher than the level posted in the same month of 2024.
In December 2025, export values grew 33.5% compared with the similar month the previous year, driven by higher prices and larger shipment volumes.
During the analyzed month, imports grew 16.4% compared with the same period a year earlier due to higher levels across all categories.