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Peru February 2026 Trade Surplus USD 4.19B, Exports +38.2%

Peru's trade balance recorded a monthly surplus of USD 4,189 million in February 2026, driven by exports totaling USD 8,988 million — a 38.2% year-on-year increase. Export growth was primarily fueled by a 35.4% rise in average export prices for mining products including copper and gold, with a 2.1% expansion in export volumes. Traditional product exports (primarily gold and copper) reached USD 7,258 million, up 48.8% year-on-year, while non-traditional exports grew 6.4% to USD 1,707 million. Imports stood at USD 4,799 million, up 13.3% year-on-year, reflecting higher volumes of consumer durable goods and capital goods. Peru's trade surplus accumulated over the trailing 12 months reached USD 38.9 billion.

Peru Inflation 2.38% in March 2026

Peru recorded a monthly inflation rate of 2.38% and 3.80% in the last 12 months in March 2026. The monthly result is the highest since December 1993 (2.51%). In the first quarter, inflation accumulated to 3.19%, the highest rate for the same period since 1998 (3.50%). The main contributors to the increase were local transport, vehicle fuels, education, meals away from home, and potatoes.