Latest reading: In August, the trade balance was USD +0.8 billion, following a USD +2.5 billion reading in the prior...
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 trade surplus narrows in July
Latest reading: In July, the trade balance was USD +2.1 billion, following a USD +2.5 billion reading in the prior month. Over the last 12 months, the trade balance summed to USD +26.4 billion. Exports were up 4.3% in annual terms in July, coming on the back of a 13.0% increase in the previous month. July’s rise was wholly due to higher mineral prices, as export volumes declined due to problems with copper shipments and lower oil sales. Imports increased 11.9% in year-on-year terms in July, coming on the back of a 13.0% increase in the previous month.
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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