Peru: Merchandise trade surplus increases in August
Latest reading: In August, the trade balance was USD +2.6 billion, following a USD +2.2 billion figure in the previous month. Over the last 12 months, the trade balance summed to USD +26.9 billion.
Exports increased 11.8% in year-on-year terms in August, coming on the back of a 5.1% increase in the prior month. The rise was primarily due to higher mineral prices, along with a small increase in export volumes of zinc and agricultural products. Imports were up 7.0% in annual terms in August, following a 12.2% rise in the prior month.