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: Central Bank raises rates for sixth straight meeting in January
January 6, 2022
At its 6 January meeting, the Central Bank of Peru raised its key policy interest rate by 50 basis points to 3.00%, matching the move it made at its December meeting.
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Peru: Business sentiment rises, remains pessimistic in December
January 6, 2022
Business confidence came in at 41.2 in December, up slightly from November's 40.1 print.
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Peru: Merchandise exports rise at a softer rate in October
December 17, 2021
Merchandise exports grew 21.1% on an annual basis in October, slowing from September’s 33.1% rise.
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Peru: Inflation falls for first time in seven months in November
December 2, 2021
Consumer prices rose 0.36% in November over the previous month, a smaller increase than October's 0.58% increase.
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Peru: Business sentiment falls, remains pessimistic in November
December 2, 2021
Business confidence came in at 40.0 in November, down from October's 43.0 and marking an end to the upward trend seen over the previous few months.
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