News

Friday, September 7, 2018

Peru: Trade surplus stood at US$489 million in July 2018.

Peru's trade balance registered a US$489 million surplus in July 2018, thus maintaining the positive trend seen over the last two years, Central Reserve Bank (BCR) reported.

According to the issuing entity, the trade surplus amounted to US$4.385 billion between January and July 2018. 

In the last 12 months leading up to July, trade surplus reached US$8.237 billion, the highest figure recorded over the last 73 months. 

Additionally, Inca exports totaled US$4.028 billion in July this year, a 17.3% increase compared to the same month in 2017. 

Such growth was driven by greater traditional (+21.3%) and non-traditional(+7.1) shipments.

Sales of coppergold, zinc, natural gas, crude oil and its derivatives led among traditional goods; meanwhile, fishery, chemical and non-metallic mining products stood out among the non-traditional ones. 

On the other hand, Peruvian imports reached US$3.539 billion in July 2018, up by 10.5% over the same term last year. 

This expansion was underpinned by higher purchases of inputs and consumer goods.