The Central Reserve Bank of Peru published trade balance data showing a surplus of USD 43,049 million over the 12 months to April 2026. On a monthly basis, the trade surplus reached USD 3,304 million in April, up USD 1,626 million from April 2025, while the cumulative surplus for January to April rose to USD 16,171 million from USD 8,555 million a year earlier. The increase reflected export growth that outpaced imports. Exports totaled USD 9,329 million in April, up 51.1 percent year on year, driven mainly by a 33 percent increase in average export prices linked to higher international prices for key export products, especially copper and gold, as well as crude oil, coffee, fishmeal and lead. Export volumes rose 13.7 percent, supported by higher shipments of gold and copper concentrates after some mines had built up copper inventories in April 2025 because of abnormal swells. For January to April, exports reached USD 38,054 million, up 40.8 percent, with prices rising 36.2 percent. Imports increased 34 percent to USD 6,025 million in April, mainly because of higher volumes of durable consumer goods, petroleum derivatives and capital goods.