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Peru Balance of Trade
Last Release
Sep 30, 2024
Actual
2,343
Units In
USD Million
Previous
1,811.9
Frequency
Monthly
Next Release
Dec 12, 2024
Time to Release
26 Days 22 Hours
Highest | Lowest | Average | Date Range | Source |
2,466.4 Jun 2024 | -676.3 Jan 2014 | 171.73 USD Million | 1957-2024 | Central Reserve Bank of Peru |
In 2017, Peru recorded a trade surplus for the second consecutive year, mostly due to a rise in shipments of minerals like copper, gold, zinc, lead, iron and silver. Peru’s main imports are: raw materials for industry, capital goods for industry and fuels. Main trading partners are: China (34 percent of total exports and 22 percent of total imports) and United States (11 percent of exports and 20 percent of imports). Others include: Brazil, Switzerland, Mexico, South Korea and India.
Latest Updates
The trade surplus in Peru widened to USD 2,343 million in September 2024, up from 1,464 million in the same month last year. Exports jumped 12.4% year-on-year to USD 6,640 million, driven by higher sales of traditional (8.8%) and non-traditional (23.7%) products. Meanwhile, imports fell 3.4% to USD 4,297 million, dragged by decreased purchases of intermediate (-14.9%) and other (-5.4%) goods. For the first nine months of the year, the trade surplus rose to USD 16,571 million, notably higher than the USD 12,256 million in the corresponding period last year, with exports rising by 10.8% and imports at a slower 2.7%.
Peru Balance of Trade History
Last 12 readings