The Central Bank of Peru published data showing that traditional exports reached USD 7.709 billion in May 2026, up 52.2 percent from a year earlier. The increase was driven mainly by higher export prices, which rose 39.9 percent year on year for key metals including copper, gold and lead, alongside higher hydrocarbon prices linked to stronger international quotations amid the conflict in the Middle East. Export volumes increased 8.8 percent, supported by larger shipments of refined copper, gold, iron and lead concentrates. Iron exports were boosted by a base effect because Shougang had temporarily halted operations in May of the previous year due to technical failures in its ore loader. By contrast, fishery exports declined because lower anchoveta biomass availability constrained fishmeal production and shipments, although part of that fall was offset by higher prices tied to expectations of lower Peruvian supply in the global market. For January through May, the value of traditional exports rose 52.8 percent from the same period a year earlier to USD 38.404 billion. That increase was supported by export prices, which climbed 46.7 percent over the period.
Central Bank of Peru2026-07-22
Central Bank of Peru reports traditional exports rose 52.2 percent to USD 7.709 billion in May 2026
The Central Bank of Peru said traditional exports rose 52.2 percent year on year to USD 7.709 billion in May 2026. Higher prices for metals and hydrocarbons were the main driver, while export volumes also increased 8.8 percent. For January to May, traditional exports totaled USD 38.404 billion, up 52.8 percent.