Peru posted a trade deficit of USD 229 million in May 2020, shifting from a USD 146 million surplus in the same month of the previous month. It was the second straight month of deficit in trade balance, as the global pandemic hit both exports and imports. Exports plunged 46.9 percent from a year earlier to USD 1969 million, mostly due to lower sales of traditional goods (-52.5 percent) and non-traditional (-32.9 percent). Meantime, imports tumbled 38.3 percent from a year earlier to USD 2197 million, mainly driven by lower purchases of capital goods (-45.3 percent), consumption (-31 percent), and intermediate goods (-37.1 percent).

Balance of Trade in Peru averaged 101.05 USD Million from 1957 until 2020, 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. Peru Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: Central Reserve Bank of Peru

Balance of Trade in Peru is expected to be 180.00 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 850.00 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.

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Peru Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-228.80 -488.90 1290.20 -676.30 1957 - 2020 USD Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-04-08 11:00 PM Feb $392M $287M $300M
2020-05-07 10:00 PM Mar $-252M $489M $ 420M
2020-06-05 01:00 AM Apr $-663M $62M $-300M
2020-07-10 01:10 AM May $-229M $-489M $-590M
2020-08-06 10:45 PM Jun $-229M $-400M
2020-09-03 10:50 PM Jul
2020-10-07 01:30 PM Aug
2020-11-05 08:30 AM Sep $ 780M


News Stream
Peru Posts Trade Gap for 2nd Month
Peru posted a trade deficit of USD 229 million in May 2020, shifting from a USD 146 million surplus in the same month of the previous month. It was the second straight month of deficit in trade balance, as the global pandemic hit both exports and imports. Exports plunged 46.9 percent from a year earlier to USD 1969 million, mostly due to lower sales of traditional goods (-52.5 percent) and non-traditional (-32.9 percent). Meantime, imports tumbled 38.3 percent from a year earlier to USD 2197 million, mainly driven by lower purchases of capital goods (-45.3 percent), consumption (-31 percent), and intermediate goods (-37.1 percent).
2020-07-10
Peru Posts Widest Trade Gap since 2014
Peru posted a trade deficit of USD 663 million in April 2020 from USD 309.5 million surplus in the same month of the previous month. It was the first trade deficit since October 2018 and the largest since January of 2014, as the global pandemic hit both exports and imports. Exports tumbled 56.4 percent to USD 1652 million, mostly due to lower sales of traditional goods (-59.1 percent) and non-traditional (-48.9 percent). Meantime, imports plunged 33.4 percent from a year earlier to USD 2316 million, mainly driven by lower purchases of capital goods (-30.9 percent), consumption (-32.8 percent) while those of intermediate goods rose (16.7 percent).
2020-06-05
Peru Trade Surplus Narrows in January
Peru’s trade surplus narrowed to USD 283.3 million in January 2020 from USD 478.9 million in the same month of the previous month, as exports declined 1.6 percent to USD 3895 million, mostly due to lower sales of traditional goods (-1.8 percent) and non-traditional (-1.2 percent). Meantime, imports rose 3.8 percent from a year earlier to USD 3611 million, mainly driven by higher purchases of capital goods (7.5 percent), consumption (2.7 percent) and intermediate (2.4 percent).
2020-03-05
Peru Trade Surplus Widens Slightly in December
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.
2020-02-06

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.