Andina

Peru registers US$433 million trade surplus in August

Exports. Photo: ANDINA/ Archive.

Exports. Photo: ANDINA/ Archive.

08:00 | Lima, Oct. 6.

Peru's trade balance posted a US$433 million surplus in August 2017, thus marking 14 straight months of positive performance since July 2016, Central Reserve Bank (BCR) informed.

In this context, the issuing entity underlined Peru registered an accumulated trade surplus worth US$3.151 billion in the first eight months of the current year.

Exports

Peruvian exports totaled US$3.923 billion last August, a 20.4% rise over the same month in 2016.

Such growth was underpinned by a rise in the price (13.7%) and volume (5.8%) of exported products.
 
Likewise, better performances of traditional (23.8%) and non-traditional (11.1%) sectors contributed to said positive result. 

Imports

On the other hand, Peru's total imports reached US$3.49 billion in the analyzed month, up by 10.1% from the same month last year, due to higher purchases of durable, consumable and capital goods.

(END) MDV/JAA/RMB

Published: 10/6/2017