Trade Balance in Peru
Peru - Trade Balance
Merchandise exports fall at sharper pace in February
Peru’s trade balance recorded a USD 392 million surplus in February, larger than January’s USD 287 million surplus and the USD 317 million surplus recorded in the same month last year.
Merchandise exports fell 4.5% year-on-year in February (January: -1.6% year-on-year), weighed down by diving foreign sales of fishing, agricultural and oil and natural gas products, only partially offset by rising exports of textiles and mining products. Meanwhile, merchandise imports slumped 7.3% annually in February, contrasting January’s 3.6% growth, on the back of lower purchases of capital and intermediate goods.
In the 12 months leading up to February, the trade surplus was USD 6.5 billion, up from January’s USD 6.4 billion.
Panelists participating in the LatinFocus Consensus Forecast are still taking the latest economic developments into account.
Peru - Trade Balance Data
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Trade Balance (USD billion) | -2.9 | 2.0 | 6.7 | 7.2 | 6.6 |
Peru Trade Balance Chart
Source: Peru Central Bank and FocusEconomics calculations.
Peru Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 0.0 | -0.60 % | Nov 08 |
| Exchange Rate | 3.31 | -0.06 % | Jan 01 |
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Economic News
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Peru: Decline in economic activity softens in July
September 17, 2020
Economic activity dropped 11.7% year-on-year in July (June: -18.1% yoy).
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Peru: Policy rate held at record low in September
September 10, 2020
On 10 September, the Central Bank of Peru (BCRP) maintained its key policy interest rate at the record low of 0.25% for the fifth meeting in a row, as widely expected by market analysts.
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Peru: Merchandise exports decrease at softer pace in July
September 3, 2020
Merchandise exports shrank 14.4% year-on-year in July, on the heels of June’s 30.7% plunge.
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Peru: Business sentiment ticks up in August, but remains in pessimistic territory
September 3, 2020
Business confidence increased to 38.0 in August, up from July’s 35.0 as firms continued to react positively to the easing of lockdown measures in recent months.
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Peru: Inflation ticks up in August
September 3, 2020
Consumer prices in Metropolitan Lima fell 0.11% from the previous month in August, contrasting July's 0.46% increase.
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