Peru Trade Balance

Peru

Peru: Exports expand at fastest pace in nine months

January 11, 2013

In November, the trade balance recorded a USD 147 million surplus. The print was below the USD 166 million surplus observed in the same month the previous year and market expectations, which had forecasted a trade surplus of USD 150 million. In the 12 months up to November, the trade surplus recorded USD 4.9 billion (October: USD 5.0 billion), which represents the lowest level since October 2009.

Exports recorded a 13.4% expansion compared to the same month the previous year. The reading marked the fastest growth rate since February 2012. As a result, the 12 month-sum of exports up to November increased 2.7%, which represents an improvement over the 1.6% expansion recorded in the same period ending in October.

Meanwhile, imports increased 14.8% in November, which nonetheless marks a deceleration over the 20.9% expansion recorded in October. The result prompted the moving 12-month sum of imports up to November to grow 13.4% (October: +13.5% year-on-year).


Author:, Senior Economist

Sample Report

Looking for forecasts related to Trade Balance in Peru? Download a sample report now.

Download

Peru Trade Balance Chart


Peru Trade12m November 2012



Peru Economic News

  • Peru: Economic activity growth picks up in February

    April 15, 2019

    Economic activity expanded 2.1% year-on-year in February, picking up some pace from January’s subdued 1.6% increase, which had marked the weakest reading in over one year.

    Read more

  • Peru: Central Bank stands pat at March meeting

    April 12, 2019

    At its monetary policy meeting on 11 April, the Central Bank of Peru (BCRP) kept the policy interest rate unchanged at an eight-year low of 2.75%, matching market expectations.

    Read more

  • Peru: Consumer confidence plummets in March

    April 6, 2019

    The consumer confidence indicator published by GfK tumbled to 94 in March from 104 in February, which had marked the best result in over two years.

    Read more

  • Peru: Trade surplus narrows further in February on dwindling exports

    April 5, 2019

    Peru’s trade balance recorded a USD 326 million surplus in February, narrowing from January’s USD 449 million surplus and also lower than the USD 552 million surplus recorded in the same month of last year. Exports declined 3.8% year-on-year in February, due to a drop in prices, following January’s sharper 4.1% fall.

    Read more

  • Peru: Businesses grow more optimistic in March

    April 5, 2019

    The business confidence indicator rose from February’s 58.5 to 59.6 in March, and thus moved further above the 50-point threshold that separates optimism from pessimism, where it has been for almost two years. March’s improvement came chiefly on the back of better prospects on the general economic situation, as well as on demand prospects.

    Read more

More news

Search form