Andina

Peru: Annual trade surplus reached US$18.027 billion in Feb 2024

Photo: ANDINA / Juan Carlos Guzmán

Photo: ANDINA / Juan Carlos Guzmán

14:49 | Lima, Apr. 14.

Peru's trade balance accumulated a surplus of US$18.027 billion in the last twelve months as of February 2024, the Central Reserve Bank (BCR) reported on Sunday.

The result was higher than that reported in the previous month (US$17.909 billion).

In monthly terms, Peru registered a surplus of US$1.351 billion last February, up more than US$118 million over the same month in 2023.

Likewise, the issuing entity specified that last February exports reached US$5.170 billion, a 1.6% growth compared to the same month in 2023, due to the increase in traditional product export volumes.

Finally, the BCR reported that imports decreased 0.9% to US$3.820 billion in February.

“It mainly reflects a general reduction in input prices, and lower volumes of consumer goods,” it pointed out.

(END) NDP/MDV/RMB

Published: 4/14/2024