The Central Bank of Peru published trade data showing that total exports rose 18.7% year on year to USD 7.039 billion in November 2024, driven by higher export prices and stronger volumes. Export prices increased 9.5%, mainly reflecting higher international prices for export metals such as gold, zinc and copper, which also lifted prices for steel and metal products (including copper manufactures), and to a lesser extent higher prices for coffee and non-traditional fishing products. Export volumes rose 8.4% due to larger shipments of copper concentrates, hydrocarbons, and non-traditional agricultural and steel and metal products. For January to November 2024, total exports reached USD 68.183 billion, up 11.6% compared with the same period a year earlier, supported primarily by an 8.0% increase in prices and a 3.3% rise in volume.
Central Bank of Peru 2025-01-21
Central Bank of Peru reports 18.7% rise in total exports to USD 7.039 billion in November 2024
The Central Bank of Peru reported that total exports rose 18.7% year-on-year to USD 7.039 billion in November 2024, driven by higher export prices and volumes. Export prices increased 9.5%, mainly due to higher international prices for metals, while volumes rose 8.4% with larger shipments of copper concentrates and other products. From January to November 2024, exports totaled USD 68.183 billion, up 11.6% from the previous year.