The terms of trade —an indicator that reflects the relationship between export and import prices— increased by 13% in August of this year compared to the same month in 2024, the
The issuing entity stated that this figure is due to higher export values and a decline in import prices.
The BCR reported that export prices rose by 10.9% year-on-year, mainly due to increases in gold (+36.2%), copper (+24.2%), and coffee (+42.9%).
Meanwhile, import prices decreased by 1.9% year-on-year, explained by lower oil and derivatives costs (-10.8%).