BCRP STUDY NOTES No. 57 – August 14, 2026 System No.: INF-2020-000099 Signed with digital certificates issued by RENIEC. The names of the signatories appear on the last page. 1 / 37 TRADE BALANCE: JUNE 20261 Trade Balance

1. In June, exports reached USD 8,906 million, representing a year-on-year growth of 23.4 percent. This result was explained by the increase in export prices, which rose by 26.6 percent, mainly in mining products such as copper and gold. Exported volume decreased by 2.6 percent due mainly to lower mining production and the difficulty of shipping copper and zinc concentrates (anomalous swell), and the ravages of the El Niño Phenomenon on anchovy availability. Mining export figures have been complemented with information on shipments (from the SUNAT database) that have not yet been regularized. Imports amounted to USD 5,737 million, 29.7 percent higher year-on-year, after an increase in the volumes of capital and durable consumer goods, and in the prices of oil and its derivatives. The terms of trade increased by 11.2 percent year-on-year in June due to the increase in export prices (26.6 percent). With these results, in June the trade balance registered a monthly surplus of USD 3,169 million and accumulated one of USD 44.9 billion in the last twelve months.

Table 1 BCRPData/NEBAL202606C1

1 Prepared by Alexander Berrocal and Natalio Sánchez, supervised by María del Rosario Bernedo.

TRADE BALANCE (Millions of USD)

	2025 Jun. (a)	2026 May.	2026 Jun. (b)	(b)-(a)	Var. %	12 months 2025 (i)	12 months 2026 (ii)	(ii)-(i)	Var. %
1. EXPORTS	7,220	9,311	8,906	1,687	23.4	41,018	56,438	15,420	37.6
Traditional products 1/	5,463	7,605.6	7,112.3	1,649	30.2	30,590	45,715	15,126	49.4
Non-traditional products	1,746	1,657.0	1,766.9	21	1.2	10,328	10,525	197	1.9
Others	11	48.7	27.1	17	157.6	101	198	97	96.7
2. IMPORTS	4,424	5,963	5,737	1,313	29.7	27,712	33,682	5,971	21.5
Consumer goods	1,085	1,374	1,336	251	23.1	6,443	7,928	1,485	23.0
Inputs	2,011	2,712	2,557	546	27.1	13,078	15,287	2,210	16.9
Capital goods	1,322	1,872	1,840	518	39.2	8,086	10,310	2,224	27.5
Other goods	6	5	4	-2	-30.7	106	158	52	49.3
3. TRADE BALANCE	2,795	3,348	3,169	373	13	306	22,756	9,450

Source: Sunat and BCRP

2026 June H1 1/ Mining exports have been complemented with information on shipments (from the SUNAT database) that have not yet been regularized.

BCRP STUDY NOTES No. 57 – August 14, 2026 System No.: INF-2020-000099 Signed with digital certificates issued by RENIEC. The names of the signatories appear on the last page. 2 / 37

Graph 1 Source: Sunat and BCRP. BCRPData/NEBAL202606G1

Trade balance (Accumulated last 12 months)

	D.15	D.16	D.17	D.18	D.19	D.20	D.21	D.22	D.23	D.24	M.25	J.25	S.25	D.25	E.26	F	M	A	M	J
Billions of USD	-2.9	2.0	6.7	7.2	6.9	8.1	14.9	10.1	17.0	24.1	26.3	27.6	30.1	35.4	37.9	40.0	41.8	43.1	44.5	44.9

Year-on-year percentage variation (Accumulated last 12 months)

	D.15	D.16	D.17	D.18	D.19	D.20	D.21	D.22	D.23	D.24	M.25	J.25	S.25	D.25	E.26	F	M	A	M	J
Exports	-13.0	7.8	22.4	8.1	-2.2	-10.8	47.4	5.1	0.9	14.0	19.2	20.1	18.8	23.1	23.9	25.7	26.9	29.0	31.3	31.7
Imports	-9.0	-5.9	10.2	8.1	-1.8	-15.5	38.9	16.6	-11.2	4.5	8.8	10.4	11.8	12.2	10.4	10.7	11.4	13.9	15.0	16.2

Exports 2. In June, exports totaled USD 8,906 million, a level 23.4 percent higher than that recorded in the same month of 2025. This result was mainly driven by the year-on-year increase in international prices of the main export products, especially copper and gold, which caused an average export price growth of 26.6 percent year-on-year. Higher oil and natural gas prices (associated with the conflict in Iran), as well as the increase in the price of fishmeal (due to lower Peruvian supply in the world market) and lead (due to the silver content present in its shipments), also contributed. Exported volume decreased by 2.6 percent year-on-year, due to lower mining production and the difficulty of shipping copper and zinc concentrates, the impact of the El Niño Phenomenon on anchovy availability, and lower sales of non-traditional agricultural, textile, and iron and steel/metalworking products.

BCRP STUDY NOTES No. 57 – August 14, 2026 System No.: INF-2020-000099 Signed with digital certificates issued by RENIEC. The names of the signatories appear on the last page. 3 / 37

Graph 2 Source: Sunat and BCRP. BCRPData/NEBAL202606G2

Total exports (Var.% compared to similar period of previous year)

	J.25	J	A	S	O	N	D	E.26	F	M	A	M	J
USD Millions	7,220	7,546	7,902	9,242	9,825	8,839	9,621	9,927	9,205	10,027	9,061	9,311	8,906
Var.%	16.4	9.6	14.2	34.2	50.7	12.4	36.1	38.8	41.6	39.5	46.8	37.3	23.4

	J.25	J	A	S	O	N	D	E.26	F	M	A	M	J
Price	14.4	15.0	15.8	18.4	23.1	26.1	29.8	38.8	38.0	39.7	34.9	31.5	26.6
Volume	1.7	-4.4	-1.1	13.1	23.0	-10.7	4.9	0.0	2.5	-0.1	8.8	4.5	-2.6
Value	-20.0	-10.0	0.0	10.0	20.0	30.0	40.0	50.0	60.0

Table 2 BCRPData/NEBAL202606C2

Exports - June 2026 (Percentage variations)

	Volume Index			Price Index
	Jun. 26 / May. 26	Jun. 26 / Jun. 25	H1.26 / H1.25	Jun. 26 / May. 26	Jun. 26 / Jun. 25	H1.26 / H1.25
Total	-2.9	-2.6	2.1	-1.5	26.6	34.8
Traditional	-4.6	-2.3	2.9	-2.0	33.3	45.2
Fishmeal	121.6	-72.1	-43.2	7.6	51.2	42.8
Coffee	65.6	-9.2	6.0	-2.2	-18.0	0.5
Copper 1/	-22.4	-17.2	1.3	3.2	42.5	51.3
Gold	20.6	15.0	6.2	-7.8	26.1	52.4
Zinc 1/	-36.2	-35.3	-2.1	-4.2	20.0	17.5
Crude oil and derivatives	-1.9	21.5	-16.3	-12.0	39.6	35.9
Natural Gas	-0.5	6.3	-17.1	-0.6	37.3	14.0
Non-traditional	6.3	-5.1	-2.7	0.3	6.7	4.7
Agricultural	14.2	-5.3	-1.7	0.7	6.8	4.7
Textile	3.6	-8.3	-10.7	0.0	8.8	6.4
Fishery	0.3	2.4	31.5	-1.3	-16.8	-21.3
Chemical	2.2	8.7	1.1	-1.1	8.7	7.3
Iron and steel/metalworking	3.7	-12.2	-21.6	1.4	30.9	30.5
Non-metallic mining	-15.2	-19.0	-3.3	-0.7	-1.7	-0.7

Source: Sunat and BCRP 1/ Copper and zinc exports have been estimated based on exports reported to Minem, in cases of companies that have made shipments but do not yet appear in the export registry.

BCRP STUDY NOTES No. 57 – August 14, 2026 System No.: INF-2020-000099 Signed with digital certificates issued by RENIEC. The names of the signatories appear on the last page. 4 / 37 3. Exports of traditional products amounted to USD 7,112 million in June, registering a year-on-year growth of 30.2 percent. This result was mainly explained by the increase in export prices (33.3 percent year-on-year), driven by higher prices for copper, gold, and lead, the latter favored by the silver content in its shipments. Hydrocarbons also registered higher export prices, in line with the rise in international prices associated with the conflict in the Middle East. However, compared to May, export prices of the main metals showed a correction, reflected in the declines of gold (-7.8 percent), zinc (-4.2 percent), and lead (-8.2 percent), following geopolitical tensions. In terms of volume, the reduction was -2.6 percent and was explained by lower mining production and the difficulty of shipping copper and zinc concentrates; and by the effects of the El Niño Phenomenon on fishmeal and fish oil production.

Table 3 BCRPData/NEBAL202606C3

EXPORTS BY GROUPS OF TRADITIONAL PRODUCTS (Millions of USD)

	2025 Jun. (a)	2026 May.	2026 Jun. (b)	(b)-(a)	Var. %	12 months 2025 (i)	12 months 2026 (ii)	(ii)-(i)	Var. %
Total	5,463	7,606	7,112	1,649	30.2	30,590	45,715	15,126	49.4
Mining 1/	4,757	6,982	6,429	1,672	35.2	27,061	42,221	15,160	56.0
Fishery	287	64	128	-159	-55.3	1,385	1,227	-157	-11.4
Oil	141	278	240	99	69.7	1,012	1,150	139	13.7
Natural Gas	147	216	214	67	45.9	792	749	-43	-5.4
Agricultural	131	66	101	-30	-23.2	340	368	28	8.1

Source: Sunat and BCRP 1/ Mining exports have been complemented with information on shipments (from the SUNAT database) that have not yet been regularized.

2026 June H1

BCRP STUDY NOTES No. 57 – August 14, 2026 System No.: INF-2020-000099 Signed with digital certificates issued by RENIEC. The names of the signatories appear on the last page. 5 / 37

Graph 3 Source: Sunat and BCRP. BCRPData/NEBAL202606G3

Non-traditional exports (Var.% compared to similar period of previous year)

	J.25	J	A	S	O	N	D	E.26	F	M	A	M	J
USD Millions	1,746	1,929	2,006	2,172	2,319	2,305	2,357	1,985	1,723	1,656	1,737	1,657	1,767
Var.%	16.1	6.1	13.6	14.7	10.1	2.3	12.2	1.4	7.3	1.3	2.9	-2.3	1.2

	J.25	J	A	S	O	N	D	E.26	F	M	A	M	J
Price	-5.7	-5.7	-6.6	-6.9	-3.1	-2.2	-2.0	1.5	1.8	5.5	6.1	6.7	6.7
Volume	23.2	12.5	21.6	22.5	13.9	4.8	14.8	-0.1	5.4	-4.1	-3.0	-8.4	-5.1
Value	-15.0	-10.0	-5.0	0.0	5.0	10.0	15.0	20.0	25.0

4. In June, non-traditional exports grew by 1.2 percent year-on-year due mainly to the 6.7 percent increase in the average export price, a behavior shared by most sectors (except fishery and non-metallic mining). For its part, the exported volume continued in negative territory for the fourth consecutive month, decreasing by 5.1 percent year-on-year due to lower sales of products in all categories, except fishery and chemical.
5. In June, non-traditional exports showed heterogeneous behavior depending on the destination market. Higher sales to Latin America and China were mainly driven by the chemical and fishery sectors, respectively. Higher exports to China mainly responded to the increase in shipments of fishery products, associated with a recomposition of squid destination markets, whose sales shifted from Europe and Asia (excluding China) to the Chinese market. For their part, exports to the United States remained practically stable, as the increase in sales of chemical and iron and steel/metalworking products was offset by lower exports of textile, non-metallic mining, and agricultural products.

Table 4 BCRPData/NEBAL202606C4

MAIN DESTINATIONS: NON-TRADITIONAL EXPORTS (Millions of USD)

Country	2025 Jun. (a)	2026 May.	2026 Jun. (b)	(b)-(a)	Var. %	12 months 2025	12 months 2026	(ii)-(i)	Var. %
Total	1,746	1,657	1,767	21	1.2	10,328	10,525	197	1.9
of which:
China	129	130	157	27	21.2	612	683	72	11.7
Latin America	485	521	531	46	9.5	3,032	3,032	0	0.0
United States	432	369	430	-2	-0.4	2,914	2,930	16	0.5
Asia (excluding China)	158	133	140	-18	-11.7	906	806	-100	-11.1
European Union	386	354	357	-29	-7.5	2,026	2,173	147	7.2
CAN	177	203	195	18	10.2	1,157	1,209	52	4.5

Source: Sunat.

2026 June H1

BCRP STUDY NOTES No. 57 – August 14, 2026 System No.: INF-2020-000099 Signed with digital certificates issued by RENIEC. The names of the signatories appear on the last page. 6 / 37 6. Agricultural exports reached USD 811 million in June, 1.1 percent above the same month of the previous year, due to the 6.8 percent increase in the average export price. Among the products that most increased their prices were asparagus (15.9 percent) and avocados (7.8 percent) due to climatic problems that affected production in the United States and Europe. The export volume was reduced by 5.3 percent year-on-year due to lower sales of mandarins (-43.6 percent, affected by temperature anomalies), asparagus (-38.1 percent), and cocoa manufactures: i) cocoa butter exports were practically nil compared to USD 13 million last June; ii) the exported volume of chocolates decreased by 81.3 percent; iii) cocoa powder, by 33.1 percent; and iv) roasted cocoa, by 51 percent.

Graph 4 Source: Sunat and BCRP. BCRPData/NEBAL202606G4

Agricultural exports (Var.% compared to similar period of previous year)

	J.25	J	A	S	O	N	D	E.26	F	M	A	M	J
USD Millions	802	1,004	1,215	1,266	1,370	1,428	1,459	1,189	807	755	760	705	811
Var.%	11.4	6.7	30.1	18.5	2.2	-3.7	10.0	5.7	1.5	6.2	6.5	-4.3	1.1

	J.25	J	A	S	O	N	D	E.26	F	M	A	M	J
Price	-12.0	-11.5	-12.2	-14.0	-7.6	-6.9	-6.6	-1.3	1.1	7.7	7.7	6.8	6.8
Volume	26.5	20.5	48.2	37.8	10.9	3.8	18.4	7.1	0.4	-1.4	-1.1	-10.4	-5.3
Value	-20.0	-10.0	0.0	10.0	20.0	30.0	40.0	50.0	60.0

Evolution of blueberry exports from Africa In recent years, African blueberry exports have registered significant growth, which has allowed the continent, as a bloc, to go from being the eighth to the second largest global exporter, after Peru. Morocco and South Africa maintain a dominant position; however, in recent years, the progress of exports from other Southern African countries, specifically Zimbabwe and Namibia, stands out.

BCRP STUDY NOTES No. 57 – August 14, 2026 System No.: INF-2020-000099 Signed with digital certificates issued by RENIEC. The names of the signatories appear on the last page. 7 / 37 Regarding the seasonality of exports from African countries, Morocco, located in the northern hemisphere, concentrates its shipments during the first half of the year. In contrast, the other African countries analyzed, located in the southern hemisphere, export mainly during the second half, coinciding with the season of greater Peruvian supply, competing in the main African destination markets: Europe and, to a lesser extent, Asia. The recent dynamism of Zimbabwe's exports stands out, with a sustained expansion process initiated in 2017. Since 2020, its exports have grown at an average annual rate of 52 percent. Despite this accelerated progress, its development still remains below the boom registered by Peru at the beginning of the 2010s, driven by significant investments from large exporting companies, large-scale irrigation projects (e.g., Chavimochic and Olmos), and a favorable regulatory framework for the rapid expansion of the activity.

Blueberry exports from Africa (Tons)

	2016	2020	2025
Total	13,904	52,792	123,917
Global share (%)	3.2	7.4	10.8
Global rank	8	6	2
Note: Main exporting countries in Africa
Morocco	11,199	33,508	85,492
South Africa	2,569	18,072	29,481
Zimbabwe	0	1,030	8,353
Rest	136	182	591

Source: TradeMap

Average distribution of blueberry exports by quarter (2016-2025)

	Q1	Q2	Q3	Q4
Morocco	50%	48%	0%	2%
South Africa	1%	0%	20%	78%
Zimbabwe	1%	6%	47%	46%
Namibia	0%	0%	48%	52%

Source: TradeMap

Blueberry exports (Tons) Peru (Year 0 = 2009) Zimbabwe (Year 0 = 2017)

Year	Peru	Zimbabwe
0	0	0
1	6	429
2	7	205
3	48	1,030
4	1,513	2,797
5	2,899	4,416
6	10,353	5,044
7	27,915	7,762
8	43,060	8,353
...	275,662 (Year 2022)
...	373,484 (Year 2025)

Source: BCRP and TradeMap

BCRP STUDY NOTES No. 57 – August 14, 2026 System No.: INF-2020-000099 Signed with digital certificates issued by RENIEC. The names of the signatories appear on the last page. 8 / 37 For 2026, Zimbabwe is estimated to export around 12 thousand TM of blueberries (according to the article “Forget gold and copper. Africa’s latest boom is in blueberries and oranges” published in The Economist), compared to the 74 thousand TM that Peru reached in 2018, an equivalent year within its expansion trajectory. With this, the growth gap between both countries would widen: while in year 8 Peru exported around 5.2 times the volume of Zimbabwe, in year 9 this relationship would increase to approximately 6.2 times, evidencing a significantly greater acceleration of the Peruvian industry. The development of the industry will depend, to a greater extent, on the execution of irrigation projects, genetic innovation, greater business investment, the strengthening of phytosanitary and quality controls, market diversification, and the reduction of restrictions on access to financing and land. These factors were decisive in the expansion of the Peruvian industry and continue to sustain its growth. In terms of tariffs, access conditions for the main African blueberry exporters are favorable, facing a 0 percent rate in their main destinations, the same rates that Peru currently faces.

Tariff rates for blueberry exports for the main African exporting countries

Exporting country	United States	European Union	China	United Arab Emirates
Morocco	Rate 12.5% for forced labor. General MFN rate “Free”.	Rate: 0%. EU–Morocco Agreement: tariff elimination, except for non-applicable exceptions.	Rate: 0%. Unilateral preference from China for African countries	Rate 0%. The base rate for HS line 08104000.
South Africa	Rate 12.5% for forced labor. General MFN rate “Free”.	Rate: 0%. EU–SADC EPA Agreement for item 0810.40.50	Rate: 0%. Unilateral preference from China for African countries	Rate 0%. The base rate for HS line 08104000.
Zimbabwe	Rate 12.5% for forced labor. General MFN rate “Free”.	Rate: 0%. EU–ESA EPA Agreement: duty-free and quota-free access.	Rate: 0%. Unilateral preference from China for African countries	Rate 0%. The base rate for HS line 08104000.
Namibia	Rate 12.5% for forced labor. General MFN rate “Free”.	Rate: 0%. EU–ESA EPA Agreement: duty-free and quota-free access.	Rate: 0%. Unilateral preference from China for African countries	Rate 0%. The base rate for HS line 08104000.

7. Textile exports totaled USD 144 million in June, representing a year-on-year reduction of 0.3 percent, supported by the reduction in exported volumes (-8.3 percent) due to lower sales of apparel destined for the United States and synthetic fibers to Bolivia.

BCRP STUDY NOTES No. 57 – August 14, 2026 System No.: INF-2020-000099 Signed with digital certificates issued by RENIEC. The names of the signatories appear on the last page. 9 / 37

Graph 5 Source: Sunat and BCRP. BCRPData/NEBAL202606G5

Textile exports (Var.% compared to similar period of previous year)

	J.25	J	A	S	O	N	D	E.26	F	M	A	M	J
USD Millions	144	153	135	142	147	137	160	126	126	137	145	139	144
Var.%	1.4	0.1	-2.2	2.3	8.0	0.8	3.1	-9.1	-12.7	-2.9	1.8	-6.7	-0.3

	J.25	J	A	S	O	N	D	E.26	F	M	A	M	J
Price	0.5	2.6	0.6	1.1	1.1	4.1	3.4	4.2	3.4	6.2	8.4	7.5	8.8
Volume	0.9	-2.4	-2.7	1.2	6.8	-3.2	-0.3	-12.8	-15.6	-8.6	-6.0	-13.2	-8.3
Value	-20.0	-15.0	-10.0	-5.0	0.0	5.0	10.0

8. Chemical exports totaled USD 216 million in June, an amount 18.2 percent higher year-on-year. This result was explained by both the increase in the average export price of 8.7 percent year-on-year and the increase in exported volume by the same magnitude. The products with the highest growth in the month were sulfuric acid (104.7 percent) to Chile, cochineal dye (96.8 percent) to Europe and the region, and polypropylene films (34.7 percent) to the United States.

Graph 6 Source: Sunat and BCRP. BCRPData/NEBAL202606G6

Chemical exports (Var.% compared to similar period of previous year)

	J.25	J	A	S	O	N	D	E.26	F	M	A	M	J
USD Millions	183	188	194	212	223	206	190	196	211	213	244	214	216
Var.%	0.9	-4.6	-2.9	9.0	15.4	12.7	10.9	-5.9	19.6	-4.4	23.9	4.4	18.2

	J.25	J	A	S	O	N	D	E.26	F	M	A	M	J
Price	7.7	8.7	6.0	9.3	6.3	3.1	1.5	7.0	6.4	6.0	6.2	9.6	8.7
Volume	-6.3	-12.2	-8.4	-0.1	8.6	9.3	9.4	-12.0	12.4	-9.7	16.7	-4.8	8.7
Value	-15.0	-10.0	-5.0	0.0	5.0	10.0	15.0	20.0	25.0	30.0

BCRP STUDY NOTES No. 57 – August 14, 2026 System No.: INF-2020-000099 Signed with digital certificates issued by RENIEC. The names of the signatories appear on the last page. 10 / 37 9. In June, iron and steel/metalworking and jewelry exports totaled USD 201 million, representing a growth of 14.9 percent year-on-year. The export price grew by 30.9 percent, in line with higher international metal prices. The imposition of tariffs by the United States continued to affect shipments of copper products, leading to a 12.2 percent reduction in volumes. Lower sales of copper wire (-57.5 percent) and copper rods (-25.7 percent) were recorded. 10. In June, fishery product exports totaled USD 230 million, representing a contraction of 14.8 percent compared to the same month of 2025. Prices continued to decrease (-16.8 percent), as a result of the greater Peruvian supply of squid in international markets. In contrast, the exported volume grew year-on-year by 2.4 percent due to higher shipments of canned squid (51.4 percent), frozen squid (4 percent), and shrimp (41.8 percent). 11. Non-metallic mining product exports registered a drop of 20.4 percent, after totaling USD 74 million. This performance was mainly due to a 19 percent contraction in export volume, and to a lesser extent, a 1.7 percent contraction in export price. Among the products with the largest declines were mineral coal (-49 percent) and calcium phosphate (-7.8 percent). 12. In the region, Peru registered the third largest increase in non-traditional exports in the accumulated 12-month period to June, after Colombia and Mexico. On the other hand, Peru's average annual growth over the last five years was 7.7 percent, the highest in the region after Mexico.

NOTAS DE ESTUDIOS DEL BCRP No. 57 – August 14, 2026 System No.: INF-2020-000099 Signed with digital certificates issued by RENIEC. The names of the signatories appear on the last page. 11 / 37

Chart 7 1/. Excludes commodity sales. Chile: excludes mining exports. Colombia: corresponds to June-May and excludes coffee, coal, petroleum and derivatives, ferronickel, and non-monetary gold. Brazil: excludes primary products (food and beverages, fuels and lubricants, and industrial inputs). Mexico: excludes petroleum exports. Source: SUNAT, Central Banks of Chile, Colombia, and Mexico, and Ministry of Economy of Brazil.

{{G7}} Non-Traditional Exports 1/: July 2025 - June 2026 (12-month % change) 19,1 10,7 6,1 5,1 4,7 Mexico Colombia Peru Brazil Chile

Non-Traditional Exports 1/: Average annual growth (July 2021 - June 2026) 9,4 7,7 7,1 4,2 2,7 Mexico Peru Colombia Brazil Chile

NOTAS DE ESTUDIOS DEL BCRP No. 57 – August 14, 2026 System No.: INF-2020-000099 Signed with digital certificates issued by RENIEC. The names of the signatories appear on the last page. 12 / 37

Imports 13. Imports totaled USD 5,737 million in June, 29.7 percent more than in the same period of the previous year, mainly due to higher purchases of capital goods, petroleum and derivatives, and durable consumer goods.

Table 5 BCRPData/NEBAL202606C5

2025 TOTAL IMPORTS 4 424 5 963 5 737 1313 29,7 27 712 33 682 5 971 21,5

1. CONSUMER GOODS 1085 1374 1 336 251 23,1 6 443 7 928 1485 23,0 Non-durable 617 706 674 58 9,3 3 752 4 066 314 8,4 Main foods 42 48 51 10 23,1 315 298 -17 -5,4 Rest 575 658 623 48 8,3 3 437 3 768 331 9,6 Durable 468 668 662 194 41,3 2 691 3 862 1171 43,5
2. INPUTS 2 011 2712 2 557 546 27,1 13 078 15 287 2 210 16,9 Foods 232 241 217 -15 -6,5 1 353 1 283 -70 -5,2 Petroleum and derivatives 462 898 876 413 89,4 3 711 5 226 1 516 40,9 Industrial inputs 1 316 1 573 1 464 148 11,2 8 014 8 778 764 9,5
3. CAPITAL GOODS 1 322 1872 1 840 518 39,2 8 086 10 310 2 224 27,5 Construction materials 122 161 166 44 35,8 685 923 238 34,7 Rest of capital goods 1 200 1 712 1 674 474 39,6 7 400 9 387 1 986 26,8 Note:

NOTES FROM THE CENTRAL BANK OF PERU

No. 57 – August 14, 2026 System No.: INF-2020-000099 Signed with digital certificates issued by RENIEC. The signatories' names appear on the last page. 23 / 37

Annex I: International Transport Costs

1. Globally, as of August 6, the Drewry container index recorded an increase of 94.2 percent compared to December 2025, mainly explained by the increase in freight rates on the Shanghai–Los Angeles route, whose costs increased by 137.6 percent in the same period. However, in the last four weeks, the index accumulated a drop of 7.1 percent, mainly due to the moderation of demand after the strong increase registered in June, when importers advanced their purchases ahead of the early start of the high season in the United States and Europe and tariff changes announced by Trump. However, persistent tensions in the Middle East and the congestion observed in some Asian ports could generate new upward pressures on freight rates in the coming weeks.

Chart I.1 Source: Drewry. BCRPData/NEBAL202606GI_1

	aug26/dic25	aug26/dic24	aug26/dic21	aug26/dic20	aug26/dic19
Global Index	94.2	13.0	-53.8	-1.4	169.9
Shanghai to Rotterdam	80.1	-3.4	-65.9	-29.6	132.8
Shanghai to L.A.	137.6	31.0	-42.3	41.2	310.7

Note: Information as of August 6. Monthly data correspond to the last available data of the month. Var % resp. Max Var. %

2. As of August 5, the Baltic Dry Index, for dry bulk cargo, has increased by 63.2 percent compared to its level at the end of 2025. In the last four weeks, the index has increased by 6.7 percent, mainly due to higher rates in the capesize sector, due to greater demand for iron transport to China.

	aug26/jul26	aug26/dic25	aug26/dic24	aug26/dic21	aug26/dic20
Baltic Dry Index	19.6	63.2	207.2	38.2	124.2

Note: Information as of August 5

3. Locally, in July, the average total import freight registered a value of USD 109.8 per metric ton (TM), representing an increase of 30.5 percent compared to December 2025. Imports originating from China reached an average freight of USD 220 per TM, higher by 62.2 percent compared to the December 2025 level and by 12.5 percent compared to the level of the previous month.

	jul26/jun26	jul26/dic25	jul26/dic24	jul26/dic21	jul26/dic20
Total	4.1	30.5	25.8	-38.2	47.8
Orig. from China	12.5	62.2	37.0	-55.4	12.7

Note: Information as of July 31. Var. % Var. % resp. Max Total

4. The average freight for food totaled USD 43.7 per TM in July, higher by 0.5 and 23.6 percent compared to the previous month and to December 2025, respectively.

	jul26/jun26	jul26/dic25	jul26/dic24	jul26/dic21	jul26/dic20
Corn	0.5	23.6	28.3	-32.4	55.4
Soybean meal	-10.6	30.8	2.7	72.0	47.3
Food	-3.1	46.7	44.6	-48.6	-6.2
Soybean oil	22.7	6.8	18.5	-32.7	93.9
Wheat	5.7	24.9	30.1	-35.1	51.9

Note: Information as of July 31. Var. %

Estimation of trade through the Panama Canal – 2025

This box aims to estimate the proportion of Peruvian foreign trade that uses maritime routes associated with the Panama Canal, with the objective of approximating the degree of direct exposure of our commercial flows to potential episodes of congestion, operational restrictions, or closures of the canal.

Exports

In the case of exports, only shipments made by sea are considered, which represent approximately 71.5 percent of total exports, due to the significant participation of gold, whose exports are mainly carried out by air. Routes that use the Panama Canal are classified as those whose next declared port (i.e., the first port of arrival before the final destination) is located in Panama, the east coast of Central America and North America, or Europe. Likewise, exports whose final destination is Europe or Africa, but whose next declared port is located in Chile, Colombia, or Ecuador, are considered, assuming that these correspond to cabotage operations prior to transit through the Panama Canal. On the other hand, when the next declared port is located in Chile, Colombia, or Ecuador and the final destination corresponds to Asia or the American continent, it is assumed that the cargo does not transit through the Canal. Under these assumptions, it is estimated that, in 2025, 18.1 percent of the total value of exports would have used the Panama Canal.

Imports

For the case of imports, only those carried out under the definitive import regime were considered, as they are the only ones that have information on the port of origin. In 2025, these operations represented around 83 percent of the total imported value.

Routes linked to the Panama Canal were classified as those coming from Europe, the Atlantic coast of North America, Panama, and a remainder of Atlantic ports (mainly from Colombia). Under this criterion, it is estimated that for 2025, 29.4 percent of the analyzed imports that go by sea would have used routes that cross the Panama Canal.

Maritime Exports by Declared Port 2025 (USD millions)

Route	Value (USD millions)
Exports
Panama	7,380
Cabotage in Ecuador with destination to Europe or Africa	3,653
United States (east coast)	2,242
Europe	2,130
Cabotage in Chile with destination to Europe or Africa	1,226
Cabotage in Colombia with destination to Europe or Africa	191
Others*	172
Imports
China	19,703
Cabotage in Chile with destination to Asia or America	10,621
Cabotage in Chile with destination to Asia	8,220
Cabotage in Ecuador with destination to Asia or America	10,553
Cabotage in Ecuador with destination to Asia	4,989
Cabotage in Colombia with destination to Asia or America	2,396
Cabotage in Colombia with destination to Asia	2,195
South Korea	1,918
Mexico	1,859
Japan	1,486
United States (west coast)	317
Brazil	158
India	71
Rest	1,134
Subtotal	67,211
Possibly affected by Panama Canal	16,994
(% of total by sea)	25.3
(% of total exported)	18.1

*Source: Sunat / Contains mainly Atlantic ports in North America and Central America

Maritime Imports by Declared Port 2025 1/ (USD millions)

Route	Value (USD millions)
United States (Atlantic coast)	8,179
Europe	3,647
Panama	1,226
Others*	1,318
China	14,985
Ecuador, Chile, Colombia (Pacific coast), Argentina, Uruguay	6,785
Asia Pacific**	3,686
Brazil	2,303
United States (Pacific coast)	1,200
Mexico (Pacific coast)	1,140
Canada (Pacific coast)	908
India	987
Rest	2,477
Total	48,842
Route via Panama	14,370
(% of total by sea)	29.4
(% of total)	25.1

*Source: Sunat 1/ Considers only imports by sea under the definitive regime (83% of total)

• Contains mainly Atlantic ports in North America and Central America ** Japan, South Korea, Indonesia, Thailand, Taiwan, Hong Kong, Singapore, Vietnam, Bangladesh, Australia, Philippines, Malaysia, Sri Lanka, Myanmar, and New Zealand*

24 / 37

Annex II: Supplementary tables of the trade balance

Table II.1

Exports by Economic Activity (USD Millions) – 2026 I Semester

	2025 Jun	2025 May	2026 Jun	Var. %	12 months 2025	12 months 2026	Flow Var. %
1. Agribusiness	924	762	902	-2.4	5,174	5,340	166
Fresh or refrigerated agricultural products	661	517	633	-4.2	3,583	3,861	279
Blueberries	29	16	67	127.4	280	427	147
Grapes	4	7	8	96.1	675	789	114
Coffee	124	57	92	-25.6	300	319	19
Avocados	223	242	240	7.5	833	933	100
Cacao	98	24	56	-43.3	361	163	-198
Asparagus	36	26	26	-28.2	132	136	4
Mangoes	2	3	1	-24.6	232	264	33
Mandarins	38	25	23	-40.9	88	60	-28
Rest	106	117	121	13.8	681	770	88
Agribusiness manufactures	263	245	269	2.0	1,591	1,479	-112
Cacao and confectionery manufactures	57	33	37	-35.5	319	223	-96
Canned fruits and vegetables	37	31	34	-8.6	240	211	-29
Frozen fruits (e.g. mango, blueberry and avocado)	30	33	34	15.8	226	210	-16
Bakery and milling	21	25	24	17.2	125	132	7
Vegetable and animal oils and fats	17	21	34	99.2	122	128	6
Animal feed	24	18	19	-17.8	120	114	-7
Rest	78	84	86	9.9	439	461	22
2. Fishing and its manufactures	556	296	358	-35.7	2,586	2,471	-116
Fishmeal	271	48	115	-57.8	1,104	896	-209
Squid	209	145	157	-25.1	737	686	-51
Fish oil	16	16	14	-12.5	280	332	51
Shrimp	16	20	23	40.3	107	112	5
Rest	44	68	50	13.7	357	445	88
3. Metallic and non-metallic mining	5,011	7,249	6,693	33.6	28,526	43,776	15,250
Extraction of minerals and coal	2,824	4,378	3,685	30.5	16,618	25,084	8,466
Copper concentrate	2,036	2,962	2,329	14.4	11,563	17,329	5,766
Lead concentrate	211	559	549	159.5	1,396	2,981	1,584
Zinc concentrate	179	243	152	-15.3	982	1,173	191
Gold concentrate	176	200	312	77.1	958	1,365	407
Molybdenum concentrate	137	176	175	27.8	874	990	116
Iron, sludge and cakes	14	173	117	729.5	489	898	409
Calcium phosphates	41	39	36	-12.5	225	219	-6
Coal	23	22	12	-48.7	89	97	8
Rest	6	5	4	-23.9	40	31	-9
Mineral manufactures	2,187	2,871	3,008	37.6	11,909	18,693	6,784
Doré gold	1,655	2,187	2,343	41.6	8,802	14,442	5,640
Refined copper	177	298	280	58.7	1,060	2,029	969
Tin	94	92	102	8.5	514	468	-46
Copper products	94	115	120	28.0	561	619	58
Zinc products	23	34	19	-18.1	185	203	18
Refined zinc	16	28	31	94.6	76	177	101
Silver products	27	8	18	-33.1	84	110	26
Iron products	8	11	18	110.3	81	86	5
Rest	93	97	77	-17.2	545	558	13
4. Extraction and refining of petroleum and natural gas	289	495	454	57.4	1,808	1,933	125
Petroleum derivatives	125	249	206	65.0	836	1,037	201
Natural gas	147	216	214	45.9	792	749	-43
Crude oil	17	30	34	101.5	180	146	-33
5. Rest of manufactures	429	460	472	10.0	2,823	2,720	-102
Clothing, fibers and textile products	145	137	143	-1.5	856	808	-47
Cotton T-shirts	41	32	39	-5.5	234	209	-25
Men's cotton shirts	15	12	11	-23.0	95	82	-13
Fine hair from camelids	9	11	13	33.3	59	66	7
Rest	80	81	80	0.4	468	451	-17
Manufacture of substances and chemical products	128	144	142	11.1	827	885	58
Inks and dyes	36	34	38	5.7	202	210	8
Sulfuric acid	7	15	16	119.1	58	77	19
Ethanol	1	11	2	66.2	38	72	35
Rest	84	83	87	3.4	529	526	-4
Manufacture of plastic and rubber products	50	66	68	35.1	329	348	19
Propylene films	9	17	15	70.2	55	72	17
Ethylene films	6	8	6	10.4	39	39	-1
Rest	35	41	46	30.3	234	237	3
Metal products, except machinery and equipment	18	16	14	-24.0	117	91	-26
Machinery and equipment	27	28	29	4.5	208	162	-46
Jewelry and costume jewelry	4	4	5	38.0	83	23	-60
Rest	57	66	72	26.0	404	403	-1
6. Other exports	11	49	27	157.6	101	198	97
Total	7,220	9,311	8,906	23.4	41,018	56,438	15,420

Note: Grouped according to the UNSD Tariff-CIIU correlation revision 4 (United Nations Statistics Division). Mining exports have been complemented with information from shipments (from the SUNAT database) that have not yet been regularized. Source: Sunat and BCRP.

25 / 37

Table II.2

MAIN PRODUCTS: NON-TRADITIONAL EXPORTS (Millions of USD)

	Jun. 2025 (a)	May. 2025	Jun. 2026 (b)	(b)-(a)	Var. %	12 months 2025 (i)	12 months 2026 (ii)	(ii)-(i)	Var. %
TOTAL	1,746	1,657	1,767	21	1.2	10,328	10,525	197	1.9
of which:
Fresh Avocados	223	242	240	17	7.5	833	933	100	12.0
Fresh Grapes	4	7	8	4	96.1	675	789	114	16.8
Frozen Squid	176	118	123	-53	-30.2	597	536	-61	-10.2
Blueberries	29	16	67	38	127.4	280	427	147	52.5
Fresh Mangoes	2	3	1	0	-24.6	232	264	33	14.0
Copper wire rod	37	46	38	1	2.1	246	244	-2	-1.0
Calcium phosphates	41	39	36	-5	-12.5	225	219	-6	-2.8
Refined copper strips	29	41	49	21	72.4	150	217	67	45.1
Zinc products	20	30	16	-4	-19.2	157	179	22	14.1
Raw Cacao	98	24	56	-43	-43.3	361	163	-198	-54.8
Pomegranates	5	18	9	4	81.8	112	149	37	32.8
Canned Squid	31	25	32	1	2.8	136	142	6	4.6
Fresh Asparagus	36	26	26	-10	-28.2	132	136	4	2.9
Alloyed Silver	27	8	18	-9	-33.8	84	109	25	29.6
Frozen Mango	7	17	13	6	85.3	128	107	-21	-16.1
Shrimp feed	22	16	18	-4	-17.1	110	105	-4	-4.0
Frozen Fish Fillets	5	12	9	3	59.0	42	101	58	137.8
Anthracite Coal	23	22	12	-11	-48.7	89	97	8	9.0
Lacquer Dyes	17	15	18	1	3.5	92	97	5	5.1
Other Cotton T-shirts	20	16	14	-6	-29.3	151	143	-8	-5.2
Cotton T-shirts - Monochrome	14	12	14	0	0.2	113	87	-27	-23.7
Refined Copper Bars	9	16	18	9	92.4	58	82	24	41.7
Fish Trays	4	11	7	2	48.2	56	80	24	42.4
Quinoa	13	13	14	2	12.2	64	78	14	21.4
Other Frozen Fruits	21	14	19	-1	-6.5	76	77	1	0.7
Carmine Acid	13	12	13	0	-2.1	73	75	3	3.5
Ethyl Alcohol	1	11	2	1	66.2	38	72	35	91.7
Alpaca or Llama Tops	9	11	13	3	33.3	59	66	7	12.8
Rest	808	819	865	57	7.0	4,957	4,748	-208	-4.2

Source: Sunat

26 / 37

Table II.3

MAIN DESTINATIONS: NON-TRADITIONAL EXPORTS (Millions of USD)

Country	Jun. 2025 (a)	May. 2025	Jun. 2026 (b)	(b)-(a)	Var. %	12 months 2025 (i)	12 months 2026 (ii)	(ii)-(i)	Var. %
United States	432	369	430	-2	-0.4	2,914	2,930	16	0.5
Netherlands	131	153	161	30	22.6	825	1,001	177	21.4
China	129	130	157	27	21.2	612	683	72	11.7
Chile	117	137	142	25	21.5	652	686	34	5.2
Spain	113	100	95	-18	-15.9	566	552	-14	-2.4
Ecuador	79	90	88	9	10.9	493	507	14	2.8
Mexico	65	54	61	-3	-5.2	431	400	-31	-7.2
Colombia	59	85	99	40	67.1	425	494	69	16.2
Brazil	44	57	50	5	12.3	267	270	3	1.1
United Kingdom	42	47	44	2	4.3	205	233	28	13.9
Rest	534	436	440	-94	-17.5	2,938	2,767	-171	-5.8
Total	1,746	1,657	1,767	21	1.2	10,328	10,525	197	1.9

Note:

Region	Jun. 2025 (a)	May. 2025	Jun. 2026 (b)	(b)-(a)	Var. %	12 months 2025 (i)	12 months 2026 (ii)	(ii)-(i)	Var. %
China	129	130	157	27	21.2	612	683	72	11.7
Latin America	485	521	531	46	9.5	3,032	3,032	0	0.0
United States	432	369	430	-2	-0.4	2,914	2,930	16	0.5
Asia (excluding China)	158	133	140	-18	-11.7	906	806	-100	-11.1
European Union	386	354	357	-29	-7.5	2,026	2,173	147	7.2
CAN	177	203	195	18	10.2	1,157	1,209	52	4.5

Source: Sunat.

27 / 37

Table II.4

IMPORTS BY UNIFORM INDUSTRIAL CLASSIFICATION (Millions of USD)

	Jun. 2025 (a)	May. 2025	Jun. 2026 (b)	(b)-(a)	Var. %	12 months 2025 (i)	12 months 2026 (ii)	(ii)-(i)	Var. %
AGRICULTURE, LIVESTOCK AND FISHING	221	235	202	-19	-8.5	1,251	1,166	-86	-6.8
MINING AND HYDROCARBONS	567	992	987	420	74.0	4,234	6,016	1,782	42.1
Petroleum and coal	462	902	876	413	89.4	3,722	5,238	1,516	40.7
Mining	105	91	111	6	6.1	512	779	266	52.0
MANUFACTURING	3,561	4,621	4,438	877	24.6	21,818	25,691	3,873	17.8
Food and beverages	336	396	398	62	18.3	2,266	2,403	137	6.1
Food	318	370	368	50	15.6	2,137	2,255	118	5.5
Beverages	18	26	30	12	66.6	129	148	19	15.0
Textiles, leather and footwear	310	305	269	-41	-13.2	1,722	1,763	41	2.4
Textiles and clothing	237	234	205	-32	-13.7	1,269	1,309	40	3.2
Leather and footwear	73	71	65	-8	-11.4	453	454	1	0.2
Forestry and wooden furniture	47	58	57	10	21.5	275	334	60	21.7
Wood	30	38	40	10	33.5	182	226	44	24.0
Furniture	17	20	17	0	0.7	93	108	16	17.2
Cellulose, paper, cardboard, publishing and printing	81	83	88	7	8.2	534	516	-18	-3.4
Cellulose, paper and cardboard	72	74	76	4	5.6	465	439	-26	-5.5
Publishing and printing	10	9	12	3	27.5	69	76	8	11.0
Basic and prepared chemical products, rubber and plastic	816	1,032	993	176	21.6	4,974	5,454	481	9.7
Basic chemical products	121	146	124	3	2.4	766	781	15	2.0
Prepared chemical products	526	647	639	113	21.5	3,177	3,466	289	9.1
Synthetic rubber and plastic in primary forms	115	168	163	48	41.7	791	807	17	2.1
Pharmaceutical and medicinal chemical products	123	133	151	28	23.2	702	749	48	6.8
Soaps, detergents, perfumes and similar	81	94	97	16	20.1	477	555	79	16.5
Rest of chemicals	208	252	228	20	9.8	1,207	1,354	146	12.1
Rubber, plastic and related chemicals	169	239	230	61	35.8	1,031	1,208	176	17.1
Non-metallic mineral products	59	61	50	-9	-15.6	317	365	48	15.0
Basic iron and steel industry, and non-ferrous metals	191	272	233	42	21.7	1,292	1,489	197	15.3
Iron and steel	164	240	205	40	24.4	1,134	1,297	163	14.4
Non-ferrous metals	27	32	28	1	5.4	158	192	34	21.5
Metal and electrical products and instruments, machinery, equipment and transport material	1,622	2,298	2,241	619	38.2	9,898	12,751	2,853	28.8
Metal and electrical products and instruments	692	954	936	245	35.4	4,262	5,287	1,025	24.0
Non-electrical machinery and equipment	497	666	604	107	21.4	3,103	3,693	590	19.0
Transport material	433	678	701	268	61.9	2,533	3,770	1,238	48.9
Other manufactured products	97	116	109	12	12.0	540	616	75	13.9
OTHERS	75	115	110	35	46.3	409	809	401	98.1
TOTAL	4,424	5,963	5,737	1,313	29.7	27,712	33,682	5,971	21.5

Source: Sunat and BCRP. Note: Prepared based on the SA-CIIU correlation. Imports not classified according to CIIU have been placed in the "Others" category.

BCRP STUDY NOTES No. 57 – August 14, 2026 System No.: INF-2020-000099 Signed with digital certificates issued by RENIEC. The names of the signatories appear on the last page. 33 / 37

Table II.5 BCRPData/NEBAL202606A5

Table II.6 BCRPData/NEBAL202606A6

2025 June (a) May. June (b) (b)-(a) Var. % 12 months 2025 (i) 2026 (ii) (ii)-(i) Var. %

Non-durable consumption 575 658 623 48 8,3 3 437 3 768 331 9,6 Human-use medicines 59 73 71 12 21,2 339 377 38 11,2 Perfumery and cosmetics 53 61 64 11 21,2 314 366 53 16,8 Edible products and preparations 27 35 31 5 16,8 176 206 30 17,1 Cleaning products 25 30 30 5 19,5 146 172 26 17,7 Plastic material articles 10 15 15 5 46,0 67 84 17 25,6 Rest 401 445 411 10 2,5 2 395 2 562 167 7,0 Durable consumption 468 668 662 194 41,3 2 691 3 862 1 171 43,5 Automobiles 146 207 248 103 70,7 820 1 310 490 59,7 Motorcycles and bicycles 24 40 48 23 95,5 155 244 89 57,6 Household appliances 29 44 40 11 36,7 209 228 20 9,4 Plastic material articles 27 31 31 5 16,9 157 185 27 17,3 Televisions 28 62 33 5 16,1 196 267 72 36,7 Rest 215 283 263 48 22,2 1 154 1 627 473 41,0 Source: Sunat. Preparation: BCRP.

MAIN IMPORTED GOODS OF CONSUMER GOODS EXCLUDING MAIN FOODS (USD Millions)

2026 June First Half 2025 June (a) May. June (b) (b)-(a) Var. % 12 months 2025 (i) 2026 (ii) (ii)-(i) Var %

IMPORTS 462 898 876 413 89,4 3 711 5 226 1516 40,9 Volume (thousand bbls.) 6 093 7 350 7 679 1586 26,0 47 240 52 476 5236 11,1 Price (US$/bl) 76 122 114 38 50,3 79 100 21 26,8 CRUDE 83 314 353 270 326,0 1 621 1 871 250 15,4 Volume (thousand bbls.) 1 156 2 908 3 420 2263 195,7 22 330 21 333 -997 -4,5 Price (US$/bl) 72 108 103 32 44,1 73 88 15 20,8 DERIVATIVES 380 584 523 143 37,8 2 089 3 355 1266 60,6 Volume (thousand bbls.) 4 936 4 442 4 259 -677 -13,7 24 910 31 143 6232 25,0 Price (US$/bl) 77 131 123 46 59,7 84 108 24 28,4 Of which: Diesel 225 376 354 129 57,2 1 314 2197 883 67,2 Volume (thousand bbls.) 2 540 2 343 2 479 -61 -2,4 14 526 17 494 2968 20,4 Price (US$/bl) 89 160 143 54 61,1 90 126 35 38,8 Lubricating Oils 25 33 42 17 69,3 171 193 22 12,9 Volume (thousand bbls.) 129 260 212 82 63,8 1011 1458 447 44,3 Price (US$/bl) 190 128 196 6 3,4 169 132 -37 -21,8 Gasoline 59 82 56 -3 -4,4 318 491 172 54,1 Volume (thousand bbls.) 699 565 429 -270 -38,6 3 637 4 598 962 26,4 Price (US$/bl) 84 145 131 47 55,8 88 107 19 21,9 Turbo Jet 22 54 31 9 43,1 111 264 152 136,4 Volume (thousand bbls.) 252 337 233 -20 -7,7 1 240 1 946 706 56,9 Price (US$/bl) 87 161 134 48 55,1 90 135 46 50,7 Source: Sunat. Preparation: BCRP.

PETROLEUM IMPORTS (USD Millions)

2026 June First Half

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Table II.7 BCRPData/NEBAL202606A7

2025 June (a) May. June (b) (b)-(a) Var.% 12 months 2025 2026 Flow Var.% Total 358 607 632 274 76,5 2156 3412 1256 58,3 Consumption 170 247 296 126 74,1 975 1554 579 59,3 Passenger transport 170 247 296 126 74,1 975 1554 579 59,3 Private transport 1/. 117 169 211 94 80,8 649 1090 441 68,0 Four-wheel drive vehicles (SUV/Off-road) 29 38 37 9 30,0 170 219 49 28,9 Motorcycles 23 38 46 23 102,8 148 235 87 58,5 Bicycles 1 0 -14,2 5 7 3 55,9 Special vehicles (snow/golf) 0 -68,3 1 1 0 -30,0 Ambulances, mobile and mortuary cars 0 -100,0 1 0 -1 -90,3 Rest 0 51,2 1 2 1 70,0 Capital 188 360 336 148 78,6 1180 1858 678 57,4 Passenger transport 21 57 60 40 193,1 117 240 123 104,6 Omnibuses 9 43 35 26 272,8 62 141 79 128,4 Minibuses (combis) 2/. 11 14 25 14 125,5 55 98 43 78,0 Freight transport 122 221 212 90 74,0 820 1260 440 53,7 Pick-up trucks 62 74 60 -1 -2,1 311 402 91 29,1 Vehicles with max load > 20 TM 25 67 66 41 167,8 218 342 123 56,5 Vehicles with max load <= 20 TM 35 52 60 25 71,7 186 314 128 68,7 Dump trucks 1 28 25 25 4851,5 104 203 99 94,7 Tractors 39 62 45 6 15,3 184 259 75 40,8 Road tractors 33 54 35 2 6,8 157 220 63 40,2 Agricultural tractors 6 8 10 4 62,1 25 38 13 50,2 Crawler tractors (mining) 0 -11,4 1 1 0 -35,2 Motocultor (agriculture) 0 -23,9 1 1 0 -20,7 Vehicles for special uses 7 21 19 12 179,0 59 99 40 66,9 Concrete mixer trucks 2 10 5 3 148,3 20 37 17 84,8 Fire trucks 0 n.a 1 3 2 334,8 Crane trucks 1 7 3 3 402,5 12 20 8 64,7 Drilling or boring trucks 1 0 0 -1 -100,0 3 4 1 21,9 Street sweepers 0 n.a 1 1 0 51,6 Rest 3 3 10 8 301,3 23 35 12 51,8

1. Private transport considers a capacity of up to 10 people.
2. Minibuses consider transport of up to 16 people. Source: Sunat Land vehicle imports (USD Millions)

2026 June First Half

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Table II.8 BCRPData/NEBAL202606A8

Table II.9 BCRPData/NEBAL202606A9

2025 Country China 1 423 2 057 1 880 457 32,1 8 510 11 184 2 674 31,4 United States 783 1 242 1 035 251 32,1 5 142 6 344 1 202 23,4 Brazil 242 327 334 92 38,0 1 507 1 997 490 32,5 Argentina 198 202 256 58 29,3 1 362 1 365 3 0,2 Mexico 122 156 137 15 12,6 777 815 38 4,9 Germany 111 125 127 16 14,3 624 734 110 17,7 Chile 96 115 128 32 33,4 583 746 164 28,1 Colombia 157 147 153 -4 -2,6 923 1 033 110 11,9 Canada 113 116 108 -5 -4,4 700 665 -35 -5,0 Japan 87 118 138 50 57,7 536 641 105 19,7 Rest 1 091 1 360 1 442 350 32,1 7 048 8 157 1 109 15,7 Total 4 424 5 963 5 737 1 313 29,7 27 712 33 682 5 971 21,5 Note: Asia 1 937 2 692 2 594 657 33,9 11 655 14 987 3 332 28,6 North America 1 019 1 514 1 280 262 25,7 6 618 7 824 1 205 18,2 European Union 438 485 501 63 14,4 2 509 2 830 321 12,8 Andean Countries 1/ 352 440 435 83 23,6 2 437 3 012 575 23,6 Mercosur 2/ 466 556 621 155 33,3 2 995 3 509 514 17,2 1/ Andean Countries: Bolivia, Chile, Colombia, Ecuador and Venezuela. 2/ Mercosur: Brazil, Argentina, Paraguay and Uruguay. Source: Sunat and ZofraTacna Preparation: BCRP

2026 (ii) (ii)-(i) Var. % 2025 (i) June (a) May. June (b) Var. % 12 months (b)-(a)

IMPORTS BY PLACE OF ORIGIN (USD Millions)

2026 June First Half

Total Consumption Inputs Capital Goods China 1 880 544 481 855 United States 1 035 83 815 137 Brazil 334 78 80 177 Argentina 256 37 174 45 Mexico 137 59 32 46 Germany 127 17 46 64 Chile 128 29 82 17 Colombia 153 62 83 8 Canada 108 7 94 8 Japan 138 34 15 89 Rest* 1 442 387 655 396 Total 5 737 1 336 2 557 1 840 Source: Sunat and ZofraTacna June Country *Note: The total considers the item "other goods" which is not distributed among the other components of the rest of the countries.

DISTRIBUTION OF IMPORTS: MAIN PLACES OF ORIGIN (USD Millions)

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Table II.10 BCRPData/NEBAL202606A10

X M X-M X M X-M X M X-M X M X-M T-shirts/Shirts 46 10 37 43 8 36 267 46 221 238 45 193 Coats/Jackets/Sweaters/Similar 14 23 -10 14 17 -4 61 152 -92 54 157 -103 Shirts 26 7 19 23 5 18 162 32 130 150 32 117 Pants/Shorts 3 15 -12 3 14 -11 21 77 -56 22 82 -59 Various 4 6 -1 4 5 -1 27 30 -3 26 34 -8 Dress 3 2 1 2 1 1 19 9 10 18 8 10 Hosiery 1 8 -7 1 4 -3 5 35 -30 4 26 -22 Nightgowns/Pajamas 4 1 2 3 1 3 19 8 10 19 10 9 Baby clothes 2 2 0 3 2 1 13 13 1 14 11 3 Bras 0 4 -4 0 4 -3 0 26 -26 1 27 -27 Gloves 0 3 -2 0 3 -2 0 16 -16 1 18 -18 Special garments 1/ 0 Jackets (suits) 0 Panties 0 1 -1 0 3 5 -2 3 5 -2 Skirts 0 3 4 0 2 4 -1 Sets 0 1 0 1 1 0 2 4 -1 3 6 -3 Swimsuits 0 1 1 -1 0 1 -1 Training clothes 0 1 -1 0 1 -1 0 5 -5 0 6 -5 Underwear 0 1 0 2 4 -2 1 4 -3 Shapewear 0 1 -1 0 1 -1 0 3 -3 0 4 -4 Suits 0 2 -2 0 2 -2 Ski wear 0 Petticoat 0 Total 104 85 19 99 67 32 605 473 132 557 483 74 Note: Material Type Cotton 81 32 48 76 26 50 469 162 308 424 155 270 Synthetic/Artificial 14 41 -27 14 30 -16 81 240 -159 83 247 -164 Wool/Fine hair 3 0 3 4 0 3 14 3 12 14 3 10 Other fibers 7 12 -6 5 11 -6 41 68 -27 36 78 -42 Fabric Type Knit 100 49 51 94 37 57 578 272 306 526 274 252 Non-Knit 4 36 -32 5 30 -25 27 201 -174 31 209 -178 1/. Made with plastic-impregnated fabric/rubberized Source: Sunat Commercial balance of clothing (USD Millions)

2025 2026 June First Half 2025 2026

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Table II.11 Source: Sunat and BCRP BCRPData/NEBAL202606A11

Index (2007=100) Var. previous month Var. 12 months Index (2007=100) Var. previous month Var. 12 months Index (2007=100) Var. previous month Var. 12 months

D.09 106,3 1,0 45,3 105,9 -0,8 4,3 100,4 1,9 39,2 D.10 129,3 0,4 21,6 116,8 -0,7 10,3 110,7 1,1 10,2 D.11 137,8 -0,8 6,6 130,4 -1,9 11,7 105,6 1,1 -4,6 D.12 141,8 2,0 3,0 128,1 0,5 -1,8 110,7 1,5 4,8 D.13 122,9 -1,0 -13,3 125,5 0,1 -2,0 97,9 -1,1 -11,5 D.14 114,1 -2,0 -7,2 115,7 -3,4 -7,8 98,6 1,4 0,7 D.15 93,5 -3,4 -18,1 101,9 -2,3 -11,9 91,7 -1,1 -7,0 D.16 109,2 2,9 16,8 104,4 1,1 2,5 104,5 1,8 14,0 D.17 123,0 -0,6 12,6 112,8 0,9 8,0 109,0 -1,5 4,3 D.18 114,1 0,3 -7,2 112,4 -2,1 -0,3 101,5 2,4 -6,9 D.19 117,4 2,0 2,9 111,0 -0,1 -1,2 95,9 2,3 -5,6 D.20 137,8 4,9 17,4 109,9 3,1 -1,0 114,3 2,0 19,3 D.21 168,1 -1,3 22,0 135,9 0,5 23,7 123,7 -1,7 8,2 D.22 161,6 1,9 -3,9 135,6 -3,1 -0,2 119,2 5,2 -3,7 D.23 161,4 1,5 -0,1 124,4 -2,8 -8,3 129,8 4,5 8,9 E.24 159,4 -1,2 -0,6 124,8 0,3 -8,9 127,8 -1,5 9,0 F 157,2 -1,4 -1,3 125,4 0,5 -7,9 125,4 -1,9 7,2 M 161,7 2,8 1,9 127,4 1,6 -3,8 126,9 1,2 6,0 A 168,0 3,9 6,2 126,2 -1,0 -4,5 133,2 4,9 11,2 M 171,5 2,1 12,7 126,8 0,5 -1,4 135,3 1,6 14,2 J 171,6 0,1 11,7 126,0 -0,6 -1,8 136,3 0,7 13,7 J 172,8 0,7 11,8 125,1 -0,7 -2,5 138,1 1,4 14,7 A 170,9 -1,1 9,8 123,5 -1,3 -3,2 138,4 0,2 13,4 S 176,2 3,1 10,3 122,9 -0,5 -4,3 143,3 3,6 15,3 O 174,5 -0,9 10,5 122,5 -0,3 -4,8 142,4 -0,6 16,1 N 173,7 -0,5 9,3 122,2 -0,3 -4,5 142,2 -0,2 14,5 D 176,9 1,8 9,6 122,7 0,4 -1,3 144,1 1,4 11,1 E.25 178,3 0,8 11,8 123,0 0,2 -1,4 144,9 0,5 13,4 F 183,7 3,0 16,8 124,3 1,0 -0,9 147,8 2,0 17,9 M 184,0 0,2 13,8 122,7 -1,2 -3,7 150,0 1,5 18,1 A 188,4 2,4 12,1 122,4 -0,2 -3,0 153,9 2,6 15,6 M 192,1 1,9 12,0 120,2 -1,8 -5,2 159,8 3,8 18,1 J 196,4 2,2 14,4 121,5 1,1 -3,6 161,6 1,1 18,6 J 198,7 1,2 15,0 122,2 0,6 -2,3 162,6 0,6 17,7 A 198,0 -0,3 15,8 121,7 -0,4 -1,5 162,7 0,1 17,6 S 208,7 5,4 18,4 122,3 0,5 -0,5 170,6 4,9 19,1 O 214,8 2,9 23,1 121,9 -0,3 -0,5 176,3 3,3 23,7 N 219,0 1,9 26,1 122,9 0,9 0,6 178,2 1,1 25,3 D 229,5 4,8 29,8 121,1 -1,5 -1,3 189,6 6,4 31,5 E.26 247,5 7,8 38,8 121,9 0,7 -0,9 203,0 7,1 40,1 F 253,5 2,4 38,0 123,7 1,5 -0,4 204,9 0,9 38,6 M 257,1 1,4 39,7 129,8 4,9 5,8 198,1 -3,3 32,1 A 254,1 -1,1 34,9 134,8 3,8 10,1 188,6 -4,8 22,5 M 252,5 -0,6 31,5 138,4 2,7 15,2 182,4 -3,3 14,2 J 248,7 -1,5 26,6 138,4 0,0 13,9 179,7 -1,5 11,2

PRICES AND TERMS OF TRADE PX: Export prices PM: Import prices Terms of trade