Latest reading: In April, the trade balance was USD +4.5 billion, following a USD +5.9 billion figure in the prior...
Merchandise Trade Balance in Peru
The merchandise trade balance in Peru averaged USD 8.5 billion in the decade to 2024. The 2024 reading was USD 24.1 billion. For more information on trade, visit our dedicated page.
Peru Trade Chart
Note: This chart displays Trade Balance (USD billion) for Peru from 2014 to 2025.
Source: Macrobond.
Peru Trade Data
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Merchandise Trade Balance (USD bn) | 14.9 | 10.1 | 17.0 | 24.1 | 35.4 |
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.
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 trade 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 trade forecast available for Peruvian trade.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Peruvian trade projections.
Want to get access to the full dataset of Peruvian trade forecasts? Send an email to info@focus-economics.com.
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