Peru: Merchandise trade balance is unchanged in March
Latest reading: In March, the trade balance was USD +4.2 billion, following a USD +4.2 billion reading in the prior month. Over the last 12 months, the trade balance summed to USD +41.4 billion.
Merchandise exports rose 38.4% in annual terms in March, following 38.1% growth in the prior month. Export growth in March was driven solely by higher export prices, particularly for gold, copper and lead; export volumes actually fell slightly. Merchandise imports increased 21.9% in annual terms in March, coming on the back of 13.5% growth in the previous month. March’s reading was the strongest since January 2025.