The Central Bank of Peru published trade balance data showing the 12-month cumulative goods trade surplus continued to rise through October 2025, reaching USD 31,771 million. The monthly goods trade surplus in October was USD 4,233 million, the highest on record. Exports in October totalled USD 9,517 million, up 46.0% year on year, driven by a 21.1% increase in export prices (mainly mining products) and a 20.5% increase in export volumes (notably copper and zinc concentrates and non-traditional fishing products). Traditional exports rose 63.1% to USD 7,164 million on higher gold and copper prices and higher export volumes for all minerals except gold, while non-traditional exports grew 10.7% to USD 2,332 million on higher volumes across sectors, especially fisheries, agriculture and non-metallic mining. Imports increased 10.1% to USD 5,284 million, reflecting higher purchases of capital goods, industrial inputs and durable consumer goods; for January to October, exports reached USD 74,149 million and imports USD 47,999 million, with the trade surplus at USD 26,150 million.