Exports decreased by 9.1% and volume imported grew 6.9% during November of 2025

The National Institute of Statistics and Informatics (INEI) informed that during November of 2025, the total volume of exports reduced by 9.1% compared with the same month of 2024. This result was mainly due to the contraction of shipments of traditional products (-14.1%), situation that was partially offset by the increase of the volume exported of non-traditional products (1.6%).

According to technical report Evolution of Exports and Imports, during the period January-November of 2025, the total volume of FOB exports registered a growth of 9.6% compared to the same period of 2024.

This performance was explained by the increase of the transactions of traditional products, such as fishing, petroleum and natural gas, mining and agriculture, as well as non-traditional products belonging to the agriculture, textile, fishing, chemical, metal-mechanic and iron and steel industries.

The real value of traditional exports decreased by 14.1% by lower shipments of mining (-15.0%), petroleum and natural gas (-18.4%) and fishing (-40.8%) sectors. Real exports of mining sector fell back by 15.0% compared to the level registered in November of 2024, due to the lower volumes traded of copper (-24.6%), that, in spite of this reduction, remained as the main product demanded by the foreign market. In addition, the shipments of lead (-10.2%), tin (-19.6%) and refined silver (-40.7%).

Real exports of fishing traditional products reduced by 40.8% before the lower demand of fish oil (-72.2%); on the other hand, the shipments of fishmeal increased by 50.9%. Likewise, the exports of petroleum and natural gas decreased by 18.4%, due to the lower volume exported of crude oil (-61.6%). On the other hand, the agriculture exported volume increased by 48.2%, driven by the coffee sales (84.9%).

The export volume of non-traditional products increased 1.6% in November of 2025, compared to the same month of the last year.

In that regard, outstood the shipments of fishing sector to present a variation of 106.5% due to the greater shipments of mussels and frozen scallops (4,726.1%). The shipments of chemical sector grew 7.1%, driven by the greater demand of undenatured ethylic alcohol with alcoholic grade greater or equal to 80% (367.2%), as well as plates, sheets, film, foil and strip of polymers of ethylene (5.6%).

The greater shipments of textile products (5.2%) were associated to the demand of cotton T-shirts (9.1%), cotton knit shirts (6.5%) carded or combed fine animal hair: of alpaca or of llama (10.3%). At the same time, the transactions of the metal-mechanic sector changed positively 5.1%, based in the shipments of automobiles for the transportation of more than 16 persons (86.5%) and the parts of machines to classify, crush, earth, stone or solid mineral (0.7%). Shipments of the non-metallic mining sector increased by 2.4% due to transaction of canister (10.2%).

On the other hand, the iron and steel sector decreased 4.8%, based in the lower exports of refined copper wire (-32.6%), as well as other sheets and strip, of refined copper of a thickness higher than 0.15 mm (-54.7%). Likewise, the volumes exported of agriculture sector fell back by 2.0%, before the lower exports of blueberries (-4.9%), preparations for animal feeding (-6.0%) and artichokes (-30.6%).

During November of 2025, the total volume imported registered an increase of 6.9%, compared to the same period of the year 2024, keeping an upward trend by 17 consecutive months.

Likewise, during the period January-November of 2025, the volume imported increased by 14.6% compared to the same period of the year 2024, driven by the acquisitions of capital goods and construction materials (18.2%), consumption goods (16.4%), as well as raw materials and intermediate products (11.5%).

During the month under analysis, the volume imported of capital goods and construction materials grew by 12.4% compared to the volume registered in November 2024, driven by greater purchases of goods in their different uses or economic destines.

Capital goods for the industry showed a progress of 11.6% in the import volumes, due to the increase in the smartphones (9.1%), machines for data processing with a weight equal to or below to 10 kg (24.6%), machines which superstructure can rotate 360° (71.3%), as well as the devices of digital telecommunication or by carrier current (8.5%).

The volume imported of transportation equipment increased by 7.2%; at products level were the road tractors for semi-trailer (50.0%) and trucks for load transportation (59.6%). The same trend registered the construction materials (26.8%), particularly the welded tubes and hollow profiles of square or rectangular section (165.4%). Likewise, the capital goods for agriculture increased by 72.5%.

During November of 2025, the imports of consumption goods grew 3.9% compared to the same month of the year 2024, due to the greater imports of non-durable (2.3%) and durable (6,1%) goods.

Among the most relevant non-durable consumption goods were the medicines for human use (8.8%), other footwear (6.8%), beauty, make-up and skincare preparations (32.7%) and footwear with rubber and plastic upper part (37.5%).

Regarding the durable consumption goods, were the assembled automobiles (27.8%), automobiles with piston engine or 4x4 trucks (24.6%) and plastics manufacturing (10.1%).

During November of 2025, the volume imported of raw materials and intermediate products increased by 4.9% compared to the level registered in November of 2024. This result was explained by the greater income of raw materials and intermediate products for the industry (8.5%), such as durum wheat other than seed (81.9%), human blood, anti-serums for oncologic treatment or against HIV (217.2%), flat-rolled products of iron or alloy steel (210.3%) and photovoltaic cells assembled in modules or panels (188.0%).

Raw materials and intermediate products for agriculture showed a variation of 4.0%, particularly of oil cakes and other solid wastes of the extraction of soybean oil (27.2%), as well as the preparations for animal feeding (39.4%). On the other hand, the import of fuels, lubricants and allied products decreased by 2.9%, mainly due to the lower demand of crude petroleum oil (-37.1%).