Peru's trade balance posted a US$1.164 billion surplus last June, the highest figure recorded so far this year, driven by higher export prices, Central Reserve Bank (BCR) reported.
With this positive trend —seen since July 2016— the Andean country has registered an accumulated trade surplus
worth US$3.782 billion in the first half of 2018.
According to the issuing entity, trade surplus
reached US$7.863 billion in the last 12 months leading up to June, one of the highest figures recorded over the past six years.
Additionally, Inca exports
totaled US$4.530 billion in June 2018, a 17.5% increase from the same month last year.
Sales of fish meal, copper, zinc, natural gas, and petroleum derivatives led among traditional goods; meanwhile, farming, fishery, textile, iron-steel, and chemicals stood out among the non-traditional ones.
On the other hand, Peruvian imports
reached US$3.366 billion in the sixth month of 2018, up by 9.8% over the same term last year.
This expansion was underpinned by higher purchases of inputs (+22.3%) and capital goods (+1.6%).