Peru: Merchandise exports accelerate in March
Latest reading: Merchandise exports shot up 26.5% over the same month last year in March (February: +18.1% year-on-year). This reflected both higher metal prices and higher export volumes of gold, gas and fish meal. Meanwhile, merchandise imports shot up 14.6% over the same month last year in March (February: +9.8% yoy).
As a result, the merchandise trade balance improved from the previous month, recording a USD 2.5 billion surplus in March (February 2025: USD 2.3 billion surplus; March 2024: USD 1.6 billion surplus). Lastly, the trend improved, with the 12-month trailing merchandise trade balance recording a USD 26.2 billion surplus in March, compared to the USD 25.3 billion surplus in February.