BCRP: Trade surplus accumulated US$12,831 million per year until June 2023

BCRP: Trade surplus accumulated US$12,831 million per year until June 2023

As of June 2023, the balance of trade accumulated in the last 12 months reached a surplus of US$12,831 million, informed the Central Reserve Bank of Peru (BCRP).

According to the monetary authority, the trade balance registered a monthly surplus of US$1.4 billion in the sixth month of the year, US$418 million higher than the result of June 2022.

Exports in June reached US$5,466 million, 8.2% lower compared to what was achieved in the same month of 2022, mainly due to the fall in zinc and hydrocarbon prices, following the evolution of international prices; and to a lesser extent due to lower volumes, mainly fishmeal, in the absence of anchovy.

Total sales abroad in the first half of the year totaled US$32,211 million, a 3% decrease compared to the same period in 2022.

Imports decreased by 18.3% to US$4,066 million in June, mainly due to the decrease in prices and volumes of imported hydrocarbons and industrial inputs. In the first half of 2023, accumulated purchases from abroad fell 12.7% to US$23,977 million.

Source: Larepublica

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