The Central Bank of Peru reported that the trade surplus totaled USD 44.88 billion on a four-quarter cumulative basis in the second quarter of 2026, up USD 17.32 billion from a year earlier. The surplus was equivalent to 12% of gross domestic product, an increase of 3.1 percentage points. The quarterly goods trade surplus reached USD 9.55 billion, USD 3.12 billion higher than in the second quarter of 2025. Export values rose 35.2%, driven by higher prices for traditional products, particularly mining and hydrocarbons, and increased gold and copper shipment volumes. Imports grew 29%, reflecting stronger domestic demand and higher input prices linked to the Middle East conflict. Peru has recorded 24 consecutive quarters of trade surpluses.