Merchandise exports drop in June
Merchandise exports decreased 8.2% annually in June, contrasting May’s 1.3% rise. The fall was largely due to lower prices for zinc and energy exports. Meanwhile, merchandise imports plummeted 18.3% in annual terms in June (May: -6.7% yoy), on lower international energy prices.
As a result, the merchandise trade balance improved from the previous month, recording a USD 1.4 billion surplus in June (May 2023: USD 0.9 billion surplus; June 2022: USD 1.0 billion surplus). Lastly, the trend pointed up, with the 12-month trailing merchandise trade balance recording a USD 12.8 billion surplus in June, compared to the USD 12.4 billion surplus in May.
Peru Exports Chart
Peru Exports Data
|Merchandise Exports (USD bn)||49.1||48.0||42.8||63.0||66.2|
|Exports (G&S, ann. var. %)||2.1||1.1||-19.7||13.2||6.1|
|Merchandise Exports (ann. var. %)||8.0||-2.2||-10.7||47.0||5.2|