Latest reading: In December, the trade balance was USD +2.4 billion, following a USD +0.7 billion reading in the prior...
Merchandise Trade Balance in Peru
The merchandise trade balance in Peru averaged USD 8.5 billion in the decade to 2024. The 2024 reading was USD 24.1 billion. For more information on trade, visit our dedicated page.
Peru Trade Chart
Note: This chart displays Trade Balance (USD billion) for Peru from 2014 to 2025.
Source: Macrobond.
Peru Trade Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Merchandise Trade Balance (USD bn) | 8.1 | 15.1 | 10.3 | 17.1 | 24.1 |
Merchandise trade surplus narrows in November
Latest reading: In November, the trade balance was USD +3.7 billion, following a USD +4.1 billion figure in the prior month. Over the last 12 months, the trade balance summed to USD +32.1 billion. Exports rose 10.1% in annual terms in November, coming on the back of 44.4% growth in the previous month. Higher oil and copper prices plus stronger coffee volumes drove November’s increase. Imports increased 6.3% in annual terms in November, coming on the back of 10.7% growth in the prior month. November's reading was the weakest since April 2025.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Peruvian trade projections for the next ten years from a panel of 19 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable trade forecast available for Peruvian trade.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Peruvian trade projections.
Want to get access to the full dataset of Peruvian trade forecasts? Send an email to info@focus-economics.com.
Latest Global Trade News
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Mexico: Merchandise trade surplus widens in December -
Argentina: Merchandise trade surplus narrows in December Latest reading: In December, the trade balance was USD +1.9 billion, following a USD +2.5 billion reading in the prior... -
Peru: Merchandise trade surplus narrows in November Latest reading: In November, the trade balance was USD +3.7 billion, following a USD +4.1 billion figure in the prior... -
Japan: Merchandise exports rise for fourth successive month in December Latest reading: In December, the trade balance was JPY +0.1 trillion, down from the prior month’s JPY +0.3 trillion and... -
Singapore: Merchandise trade surplus decreases in December Latest reading: In December, the trade balance was USD +1.7 billion, following a USD +5.9 billion reading in the prior... -
India: Merchandise trade deficit increases in December Latest reading: In December, the trade balance was USD -25.0 billion, following a USD -24.5 billion figure in the prior... -
Spain: Merchandise trade deficit deepens in November Latest reading: In November, the trade balance was EUR -5.7 billion, compared to the previous month’s reading of EUR -4.7...