Peru February trade surplus up on metals exports

LIMA, April 17 (BestGrowthStock) – Peru posted a trade surplus of
$798 million in February, up from $271 million in the same
month a year earlier due to higher prices for its key metals
exports, the Central Bank said on Saturday.

The Andean country’s exports during the second month of the
year totaled $2.67 billion, up 47 percent from February 2009,
the monetary authority said. Imports rose by a slower 21
percent to $1.87 billion.

“This increase in the trade surplus is due to high
international prices for the main commodities,” the bank said
in a statement.

Peru is a leading global metals producer.

Investment
(Reporting by Teresa Cespedes; Writing by Helen Popper)

Peru February trade surplus up on metals exports