The Central Bank of Peru published updated trade balance figures showing that the cumulative trade surplus over the past 12 months reached a new high of USD 24,152 million as of January 2025. On a monthly basis, the January surplus was USD 1,804 million, up USD 331 million from January 2024. Exports totalled USD 6,693 million in January, an increase of 23.9% year on year, with traditional exports at USD 4,603 million and non-traditional exports at USD 2,069 million. Imports rose 24.5% to USD 4,890 million, driven mainly by higher volumes across all categories and, to a lesser extent, higher prices for consumer and capital goods; by category, consumer goods imports were USD 1,059 million, inputs USD 2,406 million and capital goods USD 1,420 million. The central bank noted that exports of copper, zinc and molybdenum were estimated for some firms based on Ministry of Energy and Mines data when shipments had occurred but had not yet appeared in the export registry.
Central Bank of Peru 2025-03-20
Central Bank of Peru reports record 12-month trade surplus of USD 24.152 billion in January 2025
The Central Bank of Peru reported a record 12-month trade surplus of USD 24,152 million as of January 2025, with a monthly surplus of USD 1,804 million, up USD 331 million from January 2024. January exports increased by 23.9% year on year to USD 6,693 million, while imports rose 24.5% to USD 4,890 million, driven by higher volumes and prices. Some copper, zinc, and molybdenum export figures were estimated based on Ministry of Energy and Mines data.