Latest reading: Merchandise exports rose 7.5% annually in July, on the heels of June’s 10.8% upturn and underpinned by higher...
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 2024.
Source: Macrobond.
Peru Trade Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Merchandise Trade Balance (USD bn) | 8.1 | 15.1 | 10.3 | 17.1 | 24.1 |
Merchandise exports gain steam in June
Latest reading: Merchandise exports jumped 11.0% over the same month last year in June, on the heels of May’s 2.5% increase. This was solely due to higher metal export prices, as export volumes fell due to problems with copper shipments. Meanwhile, merchandise imports climbed 13.0% in annual terms in June (May: +11.4% yoy). As a result, the merchandise trade balance improved from the previous month, recording a USD 2.5 billion surplus in June (May 2025: USD 1.6 billion surplus; June 2024: USD 2.3 billion surplus). Lastly, the trend improved, with the 12-month trailing merchandise trade balance recording a USD 26.7 billion surplus in June, compared to the USD 26.5 billion surplus in May.
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 19 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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