Peru's trade balance posted a US$591 million surplus in March 2018, the latest FocusEconomics' LatinFocus Consensus Forecast report affirmed.
This figure is considerably higher compared to the US$113 million-surplus recorded in the same month in 2017.
March's expansion was mainly underpinned by soaring foreign sales of
copper,
gold, zinc, crude oil, non-metallic minerals, and iron-steel products.
On the other hand,
fishing shipments "continued to decline, although at a much softer pace than in February," the report said.
Meanwhile,
Inca imports grew 10.5% annually in the analyzed month, slightly above February's rate (+9.5%).
Similarly, they forecast the Inca country will post US$7 billion trade surplus, each in 2018 and 2019.
(END) NDP/JAA/MVB