Peru Merchandise Exports

Merchandise trade balance is unchanged in March

Latest reading: In March, the trade balance was USD +4.2 billion, following a USD +4.2 billion reading in the prior month. Over the last 12 months, the trade balance summed to USD +41.4 billion. Merchandise exports rose 38.4% in annual terms in March, following 38.1% growth in the prior month. Export growth in March was driven solely by higher export prices, particularly for gold, copper and lead; export volumes actually fell slightly. Merchandise imports increased 21.9% in annual terms in March, coming on the back of 13.5% growth in the previous month. March's reading was the strongest since January 2025.

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 20 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.

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