The Central Reserve Bank of Peru (BCRP) reported that Peruvian exports They reached US $ 75,916 million in 2024, representing an annual increase of US $ 8,398 million, equivalent to 12.4%. This amount corresponds to 26.2% of the internal gross product (GDP) and exceeds 25.2% registered the previous year.
It should be remembered that the head of the Ministry of Economy and Finance (MEF), José Salardi, said that, in the medium term, national exports could exceed US $ 100,000 million. In addition, he stressed that the last year it was achieved that the balance of the Commercial balance It was positive, since it amounted to US $ 24,000 million.
Why did Peruvian exports increase in 2024, according to the BCRP?
The increase in Peruvian exports is mainly attributed to a significant increase in the shipments of Traditional productswhere the mining and fishing sectors stand out. In the mining field, a 11.5%growth was recorded, driven by the rise in the International quotes. On the other hand, the fishing sector experienced a remarkable increase of 100.3%, thanks to the largest volumes of flour and fish oil exported.
What were the main products that promoted exports in 2024?
In the fourth quarter of 2024, the increase in economic activity is attributed, in the first place, to the high contributions of metals such as gold, copper and zinc, as well as the coffee. In addition, high prices are observed in non -traditional products of sectors such as Fisherieswhich grew 25.7%, the chemist, with an increase of 7.2%, and the siderometallurgical, which reached 15%.
Second, the volumes of non -traditional embarked products experienced a progress of 13.4%, mainly driven by the agricultural sectorwhich grew 23.4%. This growth is due to the recovery in the production of fruits such as mangoes, blueberries and grapes, which suffered effects at the end of 2023 due to adverse climatic conditions.
Additionally, the demand for Siderometallurgical and textile productspromoted by a higher requirement of copper manufactures for data centers in the United States and an increase in export of clothing towards that same country. In particular, the BCRP indicated that, in 2021, Peruvian exports represented 27.9% of the Peruvian economyso it was the greatest proportion of national GDP in recent years.
Peru is the ninth world exporter of coffee for US $ 1,103 million
The coffee exports Peru achieved a total of US $ 1,103 million in 2024, which shows a remarkable increase of 33% compared to US $ 829 million registered in 2023. This figure was revealed by the Ministry of Agrarian Development and Irrigation (Midagri). The growing preference of consumers for coffee, together with climatic alterations They have impacted the main producing countries, has led to a considerable decrease in world production.
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Source: Larepublica
Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.
