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Peru achieves annual trade surplus of US$15.7 billion up to April 2022

RIO DE JANEIRO, BRAZIL – Peru’s trade balance reached a surplus of US$15.7 billion in the last 12 months to April 2022, as the Central Reserve Bank (BCR) reported.

Despite the above, the trade balance surplus in April was US$190 million, US$484 million lower than in the same month of 2021.

Based on what was indicated by the BCR and considering the situation in the first four months of 2022, a trade surplus of US$4.3 billion was accumulated, higher than the one recorded in the same period of the previous year (US$3.4 billion).

Exports in April totaled US$5.2 billion, 11.9% higher than in April of a year ago, due to the high gas and metal prices. From January to April 2022, foreign sales totaled US$22.2 billion, 21.1% higher than in the same period of 2021.

Imports reached US$5 billion in April, higher by 26.1% compared to the value recorded in the same month of the previous year, mainly due to higher prices of inputs (food, fuels, and industrial inputs).

In the first four months of the year, imports totaled US$17.8 billion, 19.9% higher than in the same period a year ago.

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