Peru recorded a trade deficit of 252.30 USD Million in March of 2020.

Balance of Trade in Peru averaged 101.25 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 May of 2020. source: Central Reserve Bank of Peru

Balance of Trade in Peru is expected to be 1100.00 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
-252.30 489.00 1290.20 -676.30 1957 - 2020 USD Million Monthly

Calendar GMT Actual Previous Consensus TEForecast
2020-02-06 10:30 PM Dec $1220M $717M $1150M
2020-03-05 11:00 PM Jan $283M $1220M $500M
2020-04-08 11:00 PM Feb $392M $287M $300M
2020-05-07 10:00 PM Mar $-252M $489M $ 420M
2020-06-04 01:00 AM Apr $-252M $-300M
2020-07-02 02:00 AM May
2020-08-06 10:45 PM Jun $400M
2020-09-03 10:50 PM Jul

News Stream
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).
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.
Peru Trade Surplus Narrows Slightly in November
Peru's trade surplus decreased to USD 669 million in November 2019 from USD 739 million in the same month of the previous year. Exports fell 6.4 percent to USD 3,904 million, as sales decreased for traditional products (-11.1 percent) whereas those non-traditional products went up (7.6 percent). Meantime, imports declined 5.7 percent to USD 3,235 million, amid lower purchases of consumer goods (-8.8 percent) and intermediate goods (-9.1 percent) while those of consumption goods rose (1.9 percent).
Peru Trade Balance Swings to Surplus in October
Peru's trade balance shifted to a USD 403 million surplus in October 2019 from a USD 23 million deficit in the same month of the previous year. Exports rose 3.1 percent over a year earlier to USD 4.11 billion, boosted by higher sales of both traditional products (4.2 percent) and non-traditional (1.1 percent). Imports fell 7.6 percent to USD 3.71 billion, mainly due to lower purchases of supply goods (-14.7 percent) and other goods (-18.2 percent), while imports of capital (0.2 percent) and consumption (0.1 percent) increased. Considering the first ten months of the year, the country recorded a USD 4128 million trade surplus.

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.