Peru’s traditional exports rise 25% above pre-pandemic levels in first half 2021

RIO DE JANEIRO, BRAZIL – Peru’s traditional exports accumulated a value of US$20.5 billion during the first six months of 2021, a figure 25.6% higher than the pre-pandemic level recorded in the same period of 2019, as reported this Saturday by the Central Reserve Bank (BCR).

The issuing agency detailed that only last June this type of exports reached US$3.68 billion, that is, a growth of 77.5% compared to the same period of 2020 and an escalation of 24.5% compared to the sixth month of 2019.

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June’s result is explained by the increase in metals and crude oil and derivative prices, the BCR specified.

During June, the value of foreign sales of mining products maintained the positive growth of previous months, by climbing 33.4% compared to the same period of 2019 and 75.2% compared to the same month last year.

The BCR also reported that Peru’s trade balance recorded a surplus of US$981 million in June, higher by US$49 million than the similar month of 2019 and higher by US$332 million than that recorded in June 2020.

Thus, the accumulated surplus in the last twelve months to June reached US$12.29 billion, thus registering for the third consecutive month the highest level since records have been kept.