Exports of traditional and non-traditional products reached US$55.218 billion and US$20.483 billion, respectively, in 2024, the
In both cases, year-on-year growth was in double digits, at 13% and 11%, respectively.
In the case of traditional shipments, their dynamism was due to the recovery in the production of fishmeal and fish oil, high prices of mining products, and growth in gold exports.
Likewise, prices grew by 5.8% annually, driven by higher international quotations of export metals such as gold, zinc, and copper, as well as the rise in natural gas price.
In monthly terms, traditional product exports totaled US$4.852 billion in December, a year-on-year growth of 6.9%, due to high prices of mining commodities, greater fishmeal and fish oil shipments, and increased hydrocarbon sales abroad.
Regarding non-traditional shipments, the result was based on a 9.9% rise in the average export price given the rising prices of agricultural and fishing products.
In terms of volume, growth was 1.0%. Additionally, agricultural and textile exports recovered, while international demand for iron-steel and chemical products went up.
Last year, the United States remained the top destination for non-traditional shipments thanks to the recovery in export volumes of agricultural and textile products and the increased demand for iron-steel products.
Regarding other destinations, the agricultural sector drove the increase in shipments, except for China, where the decline was due to lower fishery product exports.