Peru Trade Surplus Narrows in July

Peru’s trade surplus narrowed to USD 2,103 million in July 2025, down from USD 2,350 million in the same month last year, as imports grew faster than exports. Imports climbed 11.9% year-on-year to USD 5,084 million, driven by consumer goods (+17.6%), raw materials and intermediate goods (+1.1%), capital goods (+18.3%), and a stellar rise in other goods (+1,940.8%). Meanwhile, exports increased by a softer 4.3% to USD 7,188 million, supported by higher sales of traditional products (+3.3%) and non-traditional products (+6.1%), along with a strong growth in other categories (+101.4%). For the January–July period, the trade surplus widened to USD 14,553 million from USD 12,229 million a year earlier, as exports jumped 14.8% to USD 47,237 million, outpacing a 13.1% increase in imports to USD 32,684 million.