As of July 2024, the accumulated trade balance over the last 12 months reached a surplus of US$19.894 billion, exceeding by more than US$5 billion the figure reached in the same month last year, the
In monthly terms, a trade surplus of US$2.297 billion was recorded in July, US$1.157 billion higher than the amount recorded in the same month of 2023.
During the month of analysis, the exports value amounted to US$6.83 billion, 31.9% higher than the same month of the previous year.
The result was due to the increase in shipped volumes (+16.9%), mainly of fishmeal, coffee, gold, and non-traditional sector products.
It was also due to the increase in average export price (+12.9%), in line with higher international prices of metals and the average export prices of non-traditional agricultural products.
For their part, imports rose 12.2% year-on-year to US$4.532 billion last July, mainly reflecting higher purchases of inputs and capital goods.