The Central Bank of Peru published export data showing that in February 2025 traditional exports increased 13.6% year on year and non-traditional exports rose 20.3%. Traditional exports totalled USD 4,675 million and were supported by a 21.5% rise in average prices. By sector, mining exports grew 11.6% on higher commodity prices, while fishing rose 29.2%, natural gas 84.9%, and oil and derivatives 19.8%; over January to February 2025, traditional exports increased 20.4% to USD 9,419 million, reflecting higher prices (+17.5%) and volumes (+2.5%). Non-traditional export growth in February was mainly driven by higher volumes (+19.4%) in agriculture, steel and metal products, and textiles, with additional support from higher prices for fishery and steel and metal products; exports increased to most main destinations except the European Union. Over January to February 2025, non-traditional exports reached USD 3,697 million, up 22.1% year on year, and in the 12 months to February Peru recorded the highest regional growth in non-traditional exports (+15.1%), above Colombia (+7.5%) and Mexico (+4.7%).
Central Bank of Peru 2025-04-20
Central Bank of Peru reports February export growth with traditional exports up 13.6% and non-traditional exports up 20.3%
The Central Bank of Peru reported a 13.6% increase in traditional exports and a 20.3% rise in non-traditional exports in February 2025. Traditional exports, totaling USD 4,675 million, were driven by higher prices, particularly in mining, fishing, natural gas, and oil. Non-traditional exports grew due to increased volumes in agriculture, steel, metal products, and textiles, with Peru achieving the highest regional growth in non-traditional exports over the past year.