Peru: Merchandise exports increase in July
Merchandise exports climbed 2.9% over the same month last year in July (June: -6.0% year-on-year). Meanwhile, merchandise imports slid 19.4% on an annual basis in July (June: -17.9% yoy).
As a result, the merchandise trade balance deteriorated from the previous month, recording a USD 1.1 billion surplus in July (June 2023: USD 1.5 billion surplus; July 2022: USD 0.0 billion deficit). Lastly, the trend improved, with the 12-month trailing merchandise trade balance recording a USD 14.1 billion surplus in July, compared to the USD 13.0 billion surplus in June.