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Trade News

Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.

 

Peru posts first trade surplus of the year

Monday, June 06, 2016 > 10:55:48
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(Andina)

Peruvian exports picked up in April, and this helped the country to record its first trade surplus of the year, given that exports were US$13 million higher than imports, Central Reserve Bank of Peru informed in its latest Weekly Report.

In April 2016, exports grew 12.3% amounting to US$2.71 billion. Exports of traditional products accounted for US$1.94 billion of this total.

Nontraditional exports totaled US$765 million, and increased sales of avocados, pomegranates, cocoa, zinc products, and textiles stood out among them.

In April the volume of shipments grew 23.5% as a result of increased shipments of traditional goods (copper, gold, coffee, and fishmeal).

Moreover, the volume of nontraditional exports expanded by 7.0%, due to greater shipments of farming products.

On the other hand, imports fell 10.9% and amounted to US$2.70 billion, with imports of inputs (US$1.09 billion), capital good (US$970 million), and consumer goods (US$614 million) accounting for this figure.


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