Exports from Peru fell 2.8 percent year-on-year to USD 3859 million in October 2018. Shipments went down for traditional products (-9.2 percent), namely agricultural goods (-15.9 percent), mining products (-10.4 percent) and oil and natural gas (-1.0 percent) while they rose for fishery products (30.8 percent). Also, those of non-traditional products increased 14.3 percent, particularly chemicals (12.1 percent). Exports in Peru averaged 917.04 USD Million from 1957 until 2018, reaching an all time high of 4562.80 USD Million in December of 2017 and a record low of 16.60 USD Million in February of 1959.
Exports in Peru is expected to be 4600.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Peru to stand at 4680.00 in 12 months time. In the long-term, the Peru Exports is projected to trend around 4800.00 USD Million in 2020, according to our econometric models.