Exports from Peru tumbled 15.5 percent year-on-year to USD 3.59 billion in May 2019, 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). Exports in Peru averaged 947.60 USD Million from 1957 until 2019, reaching an all time high of 4584.40 USD Million in December of 2017 and a record low of 16.60 USD Million in February of 1959.
Exports in Peru is expected to be 4680.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Peru to stand at 4650.00 in 12 months time. In the long-term, the Peru Exports is projected to trend around 4800.00 USD Million in 2020, according to our econometric models.