During the extraordinary session of the Foreign Trade and Tourism Commission, Minister Elizabeth Galdo Marín declared that, “by the end of this year, it is expected to reach a new export record that exceeds US$66,000 million with a growth of 2.5% attributed to the improvement in the international prices of some of our main commodities of exports and the increase in exportable supply”.
Likewise, he highlighted that, In 2023, the export sector exceeded US$64.5 billion in income, with minerals and agricultural products helping to raise more than US$40,000 and US$10,000 million, respectively. This behavior is just as favorable as this year.
“In the first quarter of 2024, exports grew by 3.5%, registering an increase of 13.3% in sales of metallic minerals and 10.8% in agricultural exports, highlighting cocoa sales (+88, 7%), coffee (+68.5%) and fruits (+6.9%), thanks to blueberries, avocados and lemons. Meanwhile, in the mining sector, gold exports grew by 57.7%. ; copper, by 4.4%; chemical sectors, by 5.5%; metallurgical sector, by 3.2%; and jewelry, by 88.4%,” said Galdo Marín.
On the other hand, also highlighted the direct effect of exports —with a 42.5% share in GDP— in job creation, given that, in 2023, more than 1 million 200,000 jobs will be created. Likewise, he pointed out that, of the 9,331 export companies that participated that year, 69% of them; That is, 6,401 companies were SMEs.
Source: Larepublica
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