Peru's terms of trade, an indicator that reflects the relationship between export and import prices, increased 32.4% in March 2026 compared to the same month in 2025, the
According to the issuing entity, this performance was driven by an increase in export prices.
It noted that export prices increased by an average of 38.7% year-on-year, mainly due to higher prices for gold (+62.6%), copper (+55.5%), and fishmeal (+41.3%).
Meanwhile, import prices rose 4.8%, driven by higher prices for oil and petroleum products.
Compared to the previous month, terms of trade declined 2.4%, mainly due to higher oil prices, the BCR indicated.
(END) NDP/MVB