The Central Bank of Peru published external sector data showing Peru’s goods trade balance recorded a 12‑month cumulative surplus of USD 38,869 million to February 2026. The monthly trade surplus in February 2026 was USD 4,189 million, USD 1,923 million higher than in February 2025. Exports in February totalled USD 8,988 million, up 38.2% year on year, driven mainly by a 35.4% increase in average export prices and a smaller 2.1% rise in shipped volumes. Imports rose 13.3% to USD 4,799 million, reflecting higher purchases of capital goods and durable consumer goods; for January–February, exports were USD 18,781 million and imports USD 10,049 million, producing a trade surplus of USD 8,732 million. The terms of trade increased 36.2% year on year in February 2026 (index 201.7; 2007=100), supported by higher export prices (up 35.4%, particularly for gold, copper and fishmeal) and slightly lower import prices (down 0.6%, linked to lower oil and derivatives prices). Compared with January 2026, the terms of trade rose 1.2%, largely due to a 2.5% increase in export prices.
Central Bank of Peru 2026-04-23
Central Bank of Peru reports February 2026 trade surplus widened to USD 4,189 million and terms of trade rose 36.2% year on year
The Central Bank of Peru reported a 12‑month cumulative goods trade surplus of USD 38,869 million to February 2026, with a monthly surplus of USD 4,189 million in February, USD 1,923 million higher than a year earlier. February exports rose 38.2% year on year to USD 8,988 million, outpacing a 13.3% increase in imports to USD 4,799 million and resulting in a January–February surplus of USD 8,732 million. The terms of trade index increased 36.2% year on year in February to 201.7, driven by higher export prices, particularly for gold, copper and fishmeal, and slightly lower import prices.