Peru Trade Surplus Widens on Mining Export Jump

Peru’s trade surplus widened to USD 3,304 million in April 2026 from USD 1,678 million in the same month last year. Still, this was the smallest trade surplus since August 2025. Exports surged 51.1% year-on-year to USD 9,329 million, driven by higher sales of traditional products (+68.8%), non-traditional products (+3.4%), and other products (+132.0%). Imports also soared, though at a slower pace, rising 34.0% to an all-time high of USD 6,025 million, as purchases of consumer goods (+30.7%), capital goods (+39.3%), and raw materials and intermediate goods (+32.6%) continued to increase, partly offset by a decline in other goods (-27.2%). Over the first four months of the year, Peru’s exports totaled USD 38,054 million, climbing 40.8%, while imports reached USD 21,883 million, up 18.5%. As a result, the trade surplus jumped to USD 16,171 million from USD 8,555 million in the same period last year.

Peru’s trade surplus widened to USD 4,157 million in March 2026 from USD 2,438 million in the same month last year. Exports rose 38.4% year-on-year to a record high of USD 9,947 million, driven by higher sales of traditional products (+49.3%), non-traditional products (+1.0%), and other products (+105.2%). Imports increased more moderately by 21.9% to an all-time high of USD 5,790 million, as purchases of consumer goods (+22.9%), capital goods (+20.0%), and raw materials and intermediate goods (+22.8%) soared, tempered by a decline in other goods (-21.3%). Over the first three months of the year, Peru’s exports totaled USD 28,725 million, up 37.8%, while imports reached USD 15,858 million, rising 13.5%. This resulted in a sharp increase in the trade surplus to USD 12,867 million, compared with USD 6,877 million in the same period last year.

Peru's trade surplus widened to $4,189 million in February 2026 from $2,266 million a year earlier, as exports surged 38.2% to $8,988 million while imports rose 13.3% to $4,799 million. Export growth was driven primarily by mining products, which jumped 62.0% to $6,703 million, while agricultural sales climbed 50.0% to $42 million. Conversely, oil and gas exports fell 39.3% to $230 million and fishing products declined 14.8% to $283 million. On the import side, consumer goods rose 14.1% to $1,154 million, intermediate goods increased 6.4% to $2,166 million, and capital goods climbed 24.6% to $1,474 million.