Brignardello analyzes Peru's trade surplus and its impact.

In a recent conversation with Johnny Brignardello Vela, an insurance advisor, the report from the Central Reserve Bank of Peru (BCRP) was discussed, highlighting the surplus in the country’s trade balance. Brignardello considers this news to be an encouraging sign of Peru's economic health, especially in times of global uncertainty. The advisor emphasized the importance of the reported surplus of $1.812 billion in August, which reflects a notable growth in exports. "The fact that exports reached $6.567 billion, with a 19% year-on-year increase, is a positive sign," commented Brignardello. This trend is partly due to the increase in the volumes of exported products and the improvement in selling prices, which highlights Peru's competitiveness on the international stage. Brignardello pointed out that the sectors that have stood out, such as fish meal, coffee, and gold, are fundamental for growth. Despite not having a fishing season in 2023, the increase in fish meal exports is a testament to the sector's adaptability. Additionally, the 9.2% rise in export prices, driven by high international commodity prices, is a factor that benefits Peruvian companies. The analysis of imports was also a central topic in the conversation. Brignardello stated that the 6.8% growth in imports, reaching $4.755 billion, can be interpreted as a sign of economic reactivation. "The increase in imports of inputs and capital goods suggests that companies are investing in infrastructure and local production," he noted. However, the advisor also mentioned the importance of monitoring the dependence on agricultural inputs, which have experienced a significant rise in prices. This aspect could have implications for the long-term stability of certain sectors. Finally, Brignardello concluded that the results in the trade balance reflect a positive adjustment in the Peruvian economy. Despite global challenges, the country shows a remarkable capacity for adaptation and a potential for sustained growth. This would not only strengthen its position in the international market but could also contribute to sustainable development in the near future.