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Peru Trade Balance September 2021

Peru: Merchandise exports grow for 13th consecutive month in September

Merchandise exports increased 31.5% annually in September, decelerating from August’s 45.0% rise. While September’s reading marked a seven-month low, it was still the 13th consecutive month of rising exports, and was driven by strong growth in exports of commodities. Meanwhile, merchandise imports rose 40.5% over the same month last year in September (August: +49.5% yoy).

As a result, the merchandise trade balance improved from the previous month, recording a USD 1.6 billion surplus in September (August 2021: USD 1.1 billion surplus; September 2020: USD 1.4 billion surplus). Lastly, the trend improved, with the 12-month trailing merchandise trade balance recording a USD 13.4 billion surplus in September, compared to the USD 13.2 billion surplus clocked in August.

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