Latest reading: Merchandise exports contracted 1.5% on an annual basis in May, contrasting April’s 12.4% upturn. The outturn marked the...
Merchandise Exports in Peru
Merchandise exports were worth USD 76.2 billion in 2024 in Peru compared to USD 39.5 billion ten years earlier, and averaged USD 51.7 billion over the last decade. For more exports information, visit our dedicated page.
Peru Merchandise Exports Chart
Note: This chart displays Exports (USD billion) for Peru from 2014 to 2024.
Source: Macrobond.
Peru Merchandise Exports Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Merchandise Exports (USD bn) | 42.8 | 63.1 | 66.3 | 67.1 | 76.2 |
| Merchandise Exports (ann. var. %) | -10.8 | 47.4 | 5.1 | 1.2 | 13.5 |
Merchandise exports drop in May
Latest reading: Merchandise exports contracted 1.5% on an annual basis in May, contrasting April’s 12.4% upturn. The outturn marked the first decline since April 2024, and was potentially linked to the temporary suspension of gold mining in the north of the country plus export front-loading to the U.S. running its course. Meanwhile, merchandise imports shot up 11.5% on an annual basis in May (April: +3.1% yoy). As a result, the merchandise trade balance improved from the previous month, recording a USD 1.4 billion surplus in May (April 2025: USD 1.3 billion surplus; May 2024: USD 1.9 billion surplus). Lastly, the trend deteriorated, with the 12-month trailing merchandise trade balance recording a USD 26.1 billion surplus in May, compared to the USD 26.7 billion surplus in April.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Peruvian merchandise exports projections for the next ten years from a panel of 19 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable merchandise exports forecast available for Peruvian merchandise exports.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Peruvian merchandise exports projections.
Want to get access to the full dataset of Peruvian merchandise exports forecasts? Send an email to info@focus-economics.com.
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