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
Peru Trade Balance Data
|Merchandise Trade Balance (USD bn)||6.7||7.2||6.9||8.1||15.0|