Peru's trade balance posted a US$591 million surplus last March, marking 21 consecutive months of positive readings, Central Reserve Bank (BCR) reported Friday.
Thus, the Inca country registered a trade surplus worth US$1.723 billion in the first quarter of 2018.
According to BCR,
exports reached US$4.104 billion in
March, up by 24.6% over the same month last year, thanks to a 28% increase in sales of traditional products.
Copper,
gold, zinc, as well as crude oil and derivatives, stood out in this sense.
Similarly,
non-traditional shipments expanded 15.3%, mainly underpinned by higher export values of farming, iron-steel, non-metallic mining, fishery, and chemical products.
On the other hand, Peruvian
imports totaled US$3.513 billion in the analyzed month, a 10.5% rise from the same period in 2017.
According to the issuing entity, such result was driven by greater consumer goods, industrial products, and capital goods purchases.
(END) CNA/JAA/RMB
Published: 5/11/2018