Peru's trade surplus narrowed sharply to USD 29 million May 2019 from USD 580 million in the same month of the previous year. It was the smallest trade surplus since March 2016, as exports tumbled 15.5 percent year-on-year to USD 3.59 billion, mainly due to lower sales of crude oil and natural gas (-36.8 percent); mining products (-10.2 percent); fishing (-34.9 percent); agricultural (-9.8 percent); textiles (-0.8 percent); wood & paper (-10 percent); and metallurgy and jewellery (-6.2 percent). Imports fell at a softer 2.9 percent to USD 3.56 billion, mostly due to lower purchases of consumption goods (-3.2 percent), led by durable (-13.8 percent); and other imports (-20.8 percent). Also, raw materials and intermediate goods declined (-10.0 percent), of which raw material (-8.1 percent) and fuels & lubricants (-19.6 percent). Meanwhile, purchases of capital goods increased by 10.4 percent. Balance of Trade in Peru averaged 95.54 USD Million from 1957 until 2019, reaching an all time high of 1290.20 USD Million in December of 2011 and a record low of -676.30 USD Million in January of 2014.

Balance of Trade in Peru is expected to be 1180.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Peru to stand at 1150.00 in 12 months time. In the long-term, the Peru Balance of Trade is projected to trend around 1130.00 USD Million in 2020, according to our econometric models.

Peru Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2019-04-05 09:00 AM Balance of Trade Feb $326M $449M $800M
2019-05-09 10:00 PM Balance of Trade Mar $430M $335M $500M
2019-06-07 01:00 AM Balance of Trade Apr $259M $471M $400M
2019-07-05 02:00 AM Balance of Trade May $29M $250M $600M
2019-08-08 10:00 PM Balance of Trade Jun $29M $190M
2019-09-05 10:00 PM Balance of Trade Jul $270M
2019-10-03 10:00 PM Balance of Trade Aug


Peru Trade Last Previous Highest Lowest Unit
Balance of Trade 29.40 250.50 1290.20 -676.30 USD Million [+]
Current Account -1664.03 -238.03 1347.00 -3165.63 USD Million [+]
Current Account to GDP -1.50 -1.20 3.31 -9.50 percent [+]
Imports 3559.00 3473.10 4012.50 16.30 USD Million [+]
Exports 3588.50 3723.50 4584.40 16.60 USD Million [+]
External Debt 80696.00 77787.00 80696.00 9121.00 USD Million [+]
Terms of Trade 94.30 94.93 115.82 51.38 Index Points [+]
Remittances 800.36 830.87 830.87 21.75 USD Million [+]
Tourist Arrivals 4419430.00 4032339.00 4419430.00 216534.00 [+]
Gold Reserves 34.70 34.70 34.70 34.21 Tonnes [+]
Terrorism Index 2.95 2.54 3.93 2.54 [+]
Foreign Direct Investment 2780.88 785.16 5304.41 -2357.33 USD Million [+]
Crude Oil Production 51.00 47.00 140.00 34.66 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Peru Balance of Trade

In 2017, Peru recorded a trade surplus for the second consecutive year, mostly due to a rise in shipments of minerals like copper, gold, zinc, lead, iron and silver. Peru’s main imports are: raw materials for industry, capital goods for industry and fuels. Main trading partners are: China (34 percent of total exports and 22 percent of total imports) and United States (11 percent of exports and 20 percent of imports). Others include: Brazil, Switzerland, Mexico, South Korea and India. This page provides - Peru Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Peru Balance of Trade - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
29.40 250.50 1290.20 -676.30 1957 - 2019 USD Million Monthly




Country Last Previous
Argentina 1373.00 May/19
Australia 5745.00 May/19
Brazil 5020.00 Jun/19
Canada 762.30 May/19
China 509.76 Jun/19
Euro Area 23033.60 May/19
France -3278.00 May/19
Germany 20600.00 May/19
India -15280.00 Jun/19
Indonesia 196.00 Jun/19
Italy 5347.00 May/19
Japan 589.46 Jun/19
Mexico 1030.71 May/19
Netherlands 5579.00 May/19
Russia 11823.00 May/19
Saudi Arabia 131636.00 Mar/19
Singapore 2447.29 Jun/19
South Africa 1737.21 May/19
South Korea 4168.00 Jun/19
Spain -1605300.00 Apr/19
Switzerland 3251.00 Jun/19
Turkey -1837.83 May/19
United Kingdom -2324.00 May/19
United States -55520.00 May/19


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