Exports value reached US$6.83 billion in July of this year, a 31.9% increase compared to the same month in 2023, the
The BCR noted that the increase in exports is due to the growth in shipped volumes (+16.9%), as well as the increase in average export price (+12.9%).
"The increase in the average export volume was supported by higher shipments of fishmeal (the fishing season was cancelled in 2023), coffee, gold, hydrocarbons, and the joint expansion of all non-traditional sectors," the issuing entity explained.
The increase in the average export price was underpinned by high international prices of metals, such as zinc, gold, copper, and hydrocarbons, as well as by higher prices of agricultural export products and non-traditional fishing products (given the lower Peruvian supply on the world market).
The BCR indicated that exports totaled US$40.822 billion in the first seven months of 2024, 8% higher than the amount recorded in the same period last year mainly due to higher prices and, to a lesser extent, increased volumes.