Peru: Merchandise exports increase in December
Merchandise exports climbed 0.8% in annual terms in December (November: +17.3% year-on-year). Meanwhile, merchandise imports decreased 7.9% on an annual basis in December (November: -9.5% yoy).
As a result, the merchandise trade balance improved from the previous month, recording a USD 2.0 billion surplus in December (November 2023: USD 1.9 billion surplus; December 2022: USD 1.6 billion surplus). Lastly, the trend improved, with the 12-month trailing merchandise trade balance recording a USD 17.4 billion surplus in December, compared to the USD 17.0 billion surplus in November.