Macchu Picchu Peru

Peru Merchandise Exports

Peru Merchandise Exports

Merchandise Exports in Peru

Merchandise exports from Peru were worth USD 66.2 billion in 2022, compared to USD 42.9 billion ten years earlier, and averaged USD 46.8 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 2023.
Source: Central Reserve Bank of Peru.

Peru Merchandise Exports Data

2018 2019 2020 2021 2022
Merchandise Exports (USD bn) 49.1 48.0 42.8 63.1 66.2
Merchandise Exports (ann. var. %) 8.0 -2.2 -10.7 47.4 4.8

Merchandise exports contract in March

Merchandise exports dived 10.1% annually in March (February: +5.7% year-on-year). March’s figure marked the worst fall since February 2023. Meanwhile, merchandise imports fell 5.7% over the same month last year in March (February: -0.8% yoy). As a result, the merchandise trade balance deteriorated from the previous month, recording a USD 1.5 billion surplus in March (February 2024: USD 1.5 billion surplus; March 2023: USD 1.9 billion surplus). Lastly, the trend deteriorated, with the 12-month trailing merchandise trade balance recording a USD 17.9 billion surplus in March, compared to the USD 18.2 billion surplus in February.

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 21 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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