The Central Bank of Peru published trade balance figures showing Peru recorded a trade surplus of USD 34,573 million in 2025, equivalent to 10.1% of GDP. This was USD 10,271 million higher than in 2024 and 1.9 percentage points larger as a share of GDP. In quarterly terms, the surplus reached USD 12,049 million in the fourth quarter of 2025 (12.3% of GDP), USD 4,706 million above the same period in 2024. The bank attributed the result to higher export prices and larger shipped volumes in both traditional exports (coffee, zinc and gold) and non-traditional exports (fisheries and agricultural products), alongside a broad-based decline in import prices within inputs; Peru has now recorded 22 consecutive quarters of trade surpluses.