From January to May 2023, Peru reported total exports worth US$25.918 billion, with May’s contribution being US$5.046 billion, according to the Peruvian Central Bank of Reserves (BCRP).
The reported export value comprised both traditional exports (US$18.409 billion) and non-traditional exports (US$7.412 billion).
On the import side, the total for the same period stood at UIS$19.857 billion, categorized into consumer goods (US$4.388 billion), inputs (US$10.138 billion), and capital goods (US$5.305 billion).
May’s export figure was 0.4 percent higher than that of the corresponding month in 2022, which the BCRP attributed to a 7.8 percent increase in shipment volumes, helping offset price decreases.
The volume increase mainly stemmed from copper, gold, zinc exports, agricultural products, and non-traditional fishing.
Import value for May was US$4.165 billion, down 6.9 percent year-on-year, attributed to lower input prices and reduced industrial input volumes.
The trade balance over the previous 12 months showed a surplus of US$11.64 billion, and May’s surplus stood at US$881 million.