In January, the exports Peruvians totaled US$4,695 million, which meant a decline of 14.5% when compared to the same month in 2022, reported the Central Reserve Bank (BCR).
This fall, explained the BCR, was a consequence of the lower volumes of traditional products such as copper, gold, zinc and hydrocarbons.
“A large part of this reduction is explained by the transportation problems that copper and gold companies faced during the month, particularly in the southern region, while the impact of the lower production of the month was concentrated in gas and zinc,” according to the BCR.
On the other hand, imports amounted to US$3,626 million, 14.8% less than what was registered in the first month of 2022, mainly due to lower volumes of industrial inputs and capital goods.
“The moderation in the growth of imports, observed since September, responds mainly to the evolution of the international prices of inputs and the lower growth of domestic demand,” said the BCR.
