Trade Balance in Peru
Merchandise exports increase in March
Merchandise exports rose 2.5% year-on-year in March (February: -18.0% year-on-year). March’s outturn marked the strongest result since August 2022. Meanwhile, merchandise imports contracted 7.0% in annual terms in March (February: -4.4% yoy).
As a result, the merchandise trade balance improved from the previous month, recording a USD 1.4 billion surplus in March (February 2023: USD 0.9 billion surplus; March 2022: USD 1.0 billion surplus). Lastly, the trend improved, with the 12-month trailing merchandise trade balance recording a USD 9.9 billion surplus in March, compared to the USD 9.5 billion surplus in February.
Peru Trade Balance Chart
This chart displays Trade Balance (USD billion) for Peru from 2013 to 2022.
Peru Trade Balance Data
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Merchandise Trade Balance (USD bn) | 6.7 | 7.2 | 6.9 | 8.1 | 15.0 |