Peru: Trade surplus stood at US$489 million in July 2018

Peru: Trade surplus stood at US$489 million in July 2018

According to the issuing entity, the trade surplus amounted to US$4.385 billion between January and July 2018.

In the last 12 months leading up to July, trade surplus reached US$8.237 billion, the highest figure recorded over the last 73 months.

Additionally, Inca exports totaled US$4.028 billion in July this year, a 17.3% increase compared to the same month in 2017.

Such growth was driven by greater traditional (+21.3%) and non-traditional(+7.1) shipments.

Sales of copper, gold, zinc, natural gas, crude oil and its derivatives led among traditional goods; meanwhile, fishery, chemical and non-metallic mining products stood out among the non-traditional ones.

On the other hand, Peruvian imports reached US$3.539 billion in July 2018, up by 10.5% over the same term last year.

This expansion was underpinned by higher purchases of inputs and consumer goods.