Peru recorded a trade surplus of US $ 458 million in May | Economy



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Peru's trade balance reached a surplus of US $ 458 million in May and thus accumulated a total of US $ 2,688 million in the first five months of 2018, as indicated by [19659002] Central Reserve Bank (BCR) .

In a press release, the issuing institute reported that the result of trade surplus in May was mainly due to the 16.4% increase in export prices [19659002] Peruvian ; and, to a lesser extent, the largest volume (0.1%) of local shipments.

With respect to exports, BCR stated that they totaled US $ 4.114 million in May, an amount which translates into an increase of 16.4% over same month of 2017. The increase was supported by the increase in sales of traditional products (16.9%) and non-traditional products (15.1%).

The main traditional products have showcased fishmeal, copper, gold, natural gas and petroleum products; while in the non-traditional sector, fishery, agricultural, chemical and textile products distinguished themselves.

For its part, imports totaled $ 3,655 million in the fifth month of this year, up 15.3% from the same month of 2017, due to the consumer goods (3.9%), inputs (26.7%) and capital goods (7.3%).

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