Argentina: Merchandise exports accelerate in March
Merchandise exports jumped 11.5% in annual terms in March, on the heels of February’s 5.6% increase. March’s figure marked the...
Merchandise Trade Balance in Peru
The merchandise trade balance in Peru averaged USD 5.2 billion in the decade to 2022. The 2022 reading was USD 10.3 billion. For more trade information, visit our dedicated page.
Peru Trade Chart
Note: This chart displays Trade Balance (USD billion) for Peru from 2014 to 2023.
Source: Central Reserve Bank of Peru.
Peru Trade Data
| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Merchandise Trade Balance (USD bn) | 7.2 | 6.9 | 8.1 | 15.0 | 10.3 |
Merchandise exports increase in December
Merchandise exports climbed 0.8% in annual terms in December (November: +17.3% year-on-year). Meanwhile, merchandise imports decreased 7.9% on an annual basis in December (November: -9.5% yoy). As a result, the merchandise trade balance improved from the previous month, recording a USD 2.0 billion surplus in December (November 2023: USD 1.9 billion surplus; December 2022: USD 1.6 billion surplus). Lastly, the trend improved, with the 12-month trailing merchandise trade balance recording a USD 17.4 billion surplus in December, compared to the USD 17.0 billion surplus in November.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Peruvian trade projections for the next ten years from a panel of 21 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable trade forecast available for Peruvian trade.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Peruvian trade projections.
Want to get access to the full dataset of Peruvian trade forecasts? Send an email to info@focus-economics.com.
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