The Central Bank of Peru published updated trade balance data showing the surplus over the last 12 months rose to a new high of USD 26,712 million as of April. In monthly terms, April recorded a trade surplus of USD 1,334 million, USD 503 million higher than in April 2024. Exports in April totalled USD 5,802 million, up 12.4% year on year, driven mainly by a 10.6% increase in the average export price in line with high international metal prices, and to a lesser extent by 1.5% growth in export volumes. Traditional exports rose 4.0% to USD 4,100 million, supported by higher prices for mining commodities and coffee and higher volumes of fishmeal and fish oil, while non-traditional exports jumped 40.3% to USD 1,685 million, reflecting broad-based volume growth (42.6%), particularly in fisheries and agriculture. Imports increased 3.1% to USD 4,468 million, primarily due to higher purchases of consumer goods and capital goods.