Macchu Picchu Peru

Peru Trade August 2023

Peru: Merchandise exports drop in August

Merchandise exports decreased 5.2% year-on-year in August (July: +4.5% year-on-year). Meanwhile, merchandise imports plummeted 14.3% in annual terms in August (July: -19.3% yoy).

As a result, the merchandise trade balance deteriorated from the previous month, recording a USD 1.0 billion surplus in August (July 2023: USD 1.1 billion surplus; August 2022: USD 0.6 billion surplus). Lastly, the trend improved, with the 12-month trailing merchandise trade balance recording a USD 14.6 billion surplus in August, compared to the USD 14.1 billion surplus in July.

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