Andina

Peru registers US$398 million trade surplus in April 2018

14:06 | Lima, Jun. 11.

Peru's trade balance posted a US$398 million surplus in April 2018, thus maintaining the positive performance witnessed since July 2016, the Central Reserve Bank (BCR) reported.

With this outcome, the Inca country has registered an accumulated trade surplus worth US$2.150 billion in the first four months of the current year.

According to the State-run institution, April's result was mostly driven by higher export prices (+17.4%) and volumes (+4.8%).

Likewise, Inca exports totaled US$3.853 billion in the fourth month of 2018, up by 23% over the same period the year before.

Greater shipments of non-traditional (+27.2%) and traditional (+21.4%) products stood out in this sense.

Imports
 
On the other hand, imports amounted to US$3.455 billion last April, a 16% rise from the same month in 2017.

Said growth was underpinned by greater input (+18.7%), consumer good (+15.4%), and capital good (+14.7%) purchases.

(END) JAA/MVB

Published: 6/11/2018