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BCRP: annual trade surplus reached US$ 14,752 million in 2021

The Central Reserve Bank of Peru (BRCP) reported that the trade balance surplus for 2021 reached US$14,752 million in 2021. According to the monetary authority, the result is due to the fact that in the last year exports managed to recover and exceed pre-pandemic levels.

In this way, exports in 2021 accumulated US$63,106 million, that is, 47.1% more compared to 2020 and 31.5% more compared to 2019, before the health crisis.

On the other hand, imports reached US$ 48,354 million. The figure is 39.3% higher than that registered in 2020 and 17.6% more than that of 2019.

Results of the trade balance in December 2021

The trade balance in December 2021 registered a surplus of US$ 1,757 million. The amount is higher by US$267 million than that obtained in the same month of 2019, reported the BCRP, and by more than US$439 million as of December 2020.

Likewise, he emphasized that the advance corresponds to the high terms of trade, mainly in the prices of export mining products and to the greater volume exported of non-traditional products.

In detail, last December exports reached US$6,339 million, 26.2% higher than those of December 2019 and 30.2% higher than the last month of 2020.

Meanwhile, imports reached US$ 4,602 million in December 2021, 35.4% and 23.5% higher than what was reported in December 2019 and 2020, respectively.

Source: Larepublica

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