Peru: Merchandise exports increase in February
Latest reading: Merchandise exports jumped 15.2% on an annual basis in February (January: +26.6% year-on-year), thanks to higher metal prices and stronger fishing output. Meanwhile, merchandise imports rose 9.6% over the same month last year in February (January: +26.4% yoy).
As a result, the merchandise trade balance improved from the previous month, recording a USD 2.1 billion surplus in February (January 2025: USD 1.9 billion surplus; February 2024: USD 1.6 billion surplus). Lastly, the trend improved, with the 12-month trailing merchandise trade balance recording a USD 24.6 billion surplus in February, compared to the USD 24.2 billion surplus in January.