Peru: Merchandise exports decrease in April
Merchandise exports contracted 5.5% annually in April (March: +2.5% year-on-year). Meanwhile, merchandise imports dived 23.7% on an annual basis in April (March: -7.0% yoy), marking the weakest result since June 2020.
As a result, the merchandise trade balance deteriorated from the previous month, recording a USD 1.2 billion surplus in April (March 2023: USD 1.4 billion surplus; April 2022: USD 0.3 billion surplus). Lastly, the trend pointed up, with the 12-month trailing merchandise trade balance recording a USD 11.0 billion surplus in April, compared to the USD 10.1 billion surplus in March.