The Central Bank of Peru published trade balance figures showing a goods trade surplus of USD 8,408 million in the third quarter of 2025, USD 1,381 million higher than in the same period of 2024. The improvement was driven mainly by higher export prices for traditional mining products (gold and copper) and for non-traditional steel and metallurgical and chemical products. The outcome was further supported by higher shipped volumes of non-traditional agricultural and fishing exports, alongside lower import prices for oil and its derivatives and for industrial inputs. Peru recorded 21 consecutive quarters of trade surpluses, and the rolling four-quarter trade balance reached 9.0 per cent of GDP by the third quarter of 2025, a new high since the fourth quarter of 2007.