Peru's trade surplus widened marginally to USD 1220 million in December 2019 from USD 1999 million in the same month of the previous year. Exports climbed 6.6 percent to USD 4608 million, rebounding from a 4.8 percent fall in November, boosted by higher sales of traditional products (6.2 percent); and non-traditional (8.9 percent). Meantime, imports increased 8.5 percent to USD 3388 million, after dropping 5.2 percent in the prior month, driven by purchases of consumer goods (11.3 percent); capital (14.2 percent); and intermediate (3.2 percent). Considering full 2019, the trade surplus was USD 6614 million.
Balance of Trade in Peru averaged 99.22 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. This page provides - Peru Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Central Reserve Bank of Peru
Balance of Trade in Peru is expected to be 1150.00 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 1130.00 in 12 months time. In the long-term, the Peru Balance of Trade is projected to trend around 1130.00 USD Million in 2021 and 1090.00 USD Million in 2022, according to our econometric models.