Andina

Peru to end 2019 with trade surplus for fourth consecutive year

14:51 | Lima, Dec. 9.

Peru's trade balance recorded a surplus of US$4.128 billion in January-October and is likely to remain in positive figures until the end of 2019, for the fourth consecutive year.

According to Central Reserve Bank of Peru (BCR), exports reached US$38.550 billion as at October this year, while imports amounted to US$34.422 billion.

In October alone, exports toted US$4.112 billion, up 3.1% from the same month a year earlier and favored by an increase in the volume of traditional (6.7%) and non-traditional (0.9%) exports.

On the other hand, imports totaled US$3.709 billion in October, a 7.6% decline over the same month in 2018.

Also in October, purchases of inputs decreased by 14.7%, while those of consumer and capital goods rose 0.1% and 0.2%, respectively.

2018

According to the issuing entity, Peru's trade balance registered a US$7.049 billion surplus in 2018, the highest figure since 2011.

Exports reached US$48.942 billion, thus marking an 8.1% increase from 2017. 

(END) RGP/RMB/MVB

Published: 12/9/2019
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