The Effect of the El Niño Phenomenon on the Price Index for Agricultural Exports

Technical article published in the BCRP's institutional journal analyzing the impact of the 2023 El Niño on Peru's non-traditional agricultural export price index. It examines product by product (blueberries, mangoes, grapes, asparagus, and cacao) how temperature and precipitation anomalies along the northern coast reduced production volumes and drove international prices up 21.9% in the second half of 2023, leveraging Peru's role as a leading global supplier of several of these crops.