He Central Reserve Bank (BCRP) reported that the accumulated trade balance in the last twelve months reached a surplus of US$10,999 million until April 2023.
The issuing entity indicated that the trade balance registered a monthly surplus of US$1,214 million in April, US$903 million higher than the result of April 2022.
Despite the higher volumes shipped (2.7%), exports in April were US$5,063 million, 5.5% lower compared to what was achieved in the same month of 2022, due to lower product prices traditional (copper, zinc and hydrocarbons).
Total sales abroad in the first four months of the year totaled US$20,552 million, a 7.5% decrease compared to the same period in 2022.
In April 2023, exports of traditional products were US$3.68 billion, which represented a 9.4% year-on-year drop, due to lower shipments of all categories, except oil and derivatives. Compared to the same month in 2022, non-traditional products increased by 6.5% to US$1,366 million.
This was mainly explained by the 6.6% increase in shipped volumes of agricultural, fishing, and non-metallic mining products.
Imports fell 23.7% to US$3,849 million in April, mainly due to lower volumes and prices of industrial inputs, as well as lower purchases of capital goods. In the first four months of 2023, accumulated purchases from abroad fell 12.9% to US$15,684 million.
Source: Larepublica
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