Latest reading: In November, the trade balance was USD +16.1 billion, following a USD +22.6 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 widens in September
Latest reading: In September, the trade balance was USD +3.7 billion, following a USD +2.7 billion figure in the prior month. Over the last 12 months, the trade balance summed to USD +28.9 billion. Exports rose 23.0% in annual terms in September, following 13.8% growth in the prior month. The increase was driven by both higher prices and greater volumes. In particular, prices rose for mining products while shipments increased for fishmeal, copper concentrates and non-traditional agricultural and fishery products. Imports were up 11.7% in annual terms in September, coming on the back of a 7.4% increase in the prior month.
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 18 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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China: Merchandise trade surplus widens in November Latest reading: In November, the trade balance was USD +111.7 billion, following a USD +90.1 billion reading in the previous... -
Indonesia: Merchandise trade surplus shrinks in September Latest reading: In September, the trade balance was USD +5.1 billion, following a USD +6.2 billion figure in the prior... -
Korea: Merchandise trade surplus increases in November Latest reading: In November, the trade balance was USD +9.7 billion, following a USD +6.0 billion figure in the previous... -
Thailand: Merchandise trade slips into deficit in October Latest reading: In October, the trade balance was USD -1.0 billion, following a USD +3.6 billion figure in the previous... -
Philippines: Merchandise trade deficit narrows in October Latest reading: In October, the trade balance was USD -3.8 billion, following a USD -4.7 billion reading in the prior... -
Mexico: Merchandise trade returns to a surplus in October Latest reading: In October, the trade balance was USD +0.6 billion, following a USD -2.4 billion figure in the prior...