BCRP: annual trade surplus accumulated US$11.64 billion as of May

BCRP: annual trade surplus accumulated US$11.64 billion as of May

The balance of trade In the last 12 months, up to May of this year, it accumulated a surplus of US$11.640 million and, in monthly terms, the amount reached US$881 million in the fifth month of the year, US$330 million higher than the result of the same period of 2022. , reported the Central Reserve Bank of Peru (BCRP).

The exports in May they totaled US$5,046 million, 0.4% higher than those of the same month in 2022 due to higher volumes (7.8%), which offset lower prices (-6.8%).

“The increase in volumes is explained by higher shipments of copper, gold and zinc, and to a lesser extent by agricultural products and non-traditional fishing,” explained the BCRP.

Accumulated exports in the first five months of 2023 totaled US$25,918 million, a decrease of 4.9% compared to the same period in 2022.

For their part, the imports they reached US$4,165 million in May, a year-on-year reduction of 6.9%, mainly due to the lower prices of inputs and the drop in the volume of industrial inputs.

In the first five months of the year, imports fell 11.7% and accumulated US$19,857 million in that period.

Source: Larepublica

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