The 12-month trade balance surplus maintained its upward trend in November 2025, reaching US$32.143 billion, according to the
On a monthly basis, the goods trade surplus totaled US$3.731 billion in November, US$506 million higher than the figure recorded in the same month of 2024.
The year-on-year expansion was driven mainly by a 10.1% increase in exports, explained primarily by higher average export prices for traditional mining products, particularly gold and copper.
Second, the increase was attributed to the higher value of coffee exports due to both larger volumes and higher international prices, as well as to greater overseas shipments of non-traditional products in the fisheries, agricultural, and chemical sectors.
This increase outpaced the 6.3% growth in imports, which was driven by higher foreign purchases of capital goods and durable consumer goods.
(END) NDP/MDV/MVB