Peru’s trade surplus expanded to USD 1.399 bln in June from USD 981.6 mln in June 2022. Exports decreased by 8.2% YoY, influenced by a drop in sales of traditional and other goods. In contrast, imports sharply declined by 18.3% due to a significant reduction in purchases of intermediate goods. For the first half of 2023, the trade surplus surged to USD 8.23 mln, up from USD 5.73 bln during the same period in 2022.