Macchu Picchu Peru

Peru Trade Balance February 2022

Peru: Merchandise exports growth quickens in February

Merchandise exports rose 26.4% in annual terms in February, accelerating from January’s 14.8% increase and marking the 18th consecutive month of rising exports. Meanwhile, merchandise imports increased 14.1% in annual terms in February (January: +26.2% yoy).

As a result, the merchandise trade balance improved from the previous month, recording a USD 1.7 billion surplus in February (January: USD 1.0 billion surplus; February 2021: USD 1.0 billion surplus). Lastly, the trend improved, with the 12-month trailing merchandise trade balance recording a USD 15.3 billion surplus in February, compared to the USD 14.6 billion surplus in January.

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