(Updates with exports, imports in third paragraph.)
Oct. 11 (Bloomberg) -- Peru’s trade surplus more than doubled in August from the same month a year earlier as rising copper, gold and coffee prices drove exports to a record.
The Andean country posted a trade surplus of $1.16 billion in August, compared with $448 million a year ago and $1.25 billion in July, the country’s National Statistics Institute said today in an e-mailed report.
Exports climbed 54 percent to $4.53 billion. Imports rose 35 percent to $3.4 billion, led by crude oil, soybean, automobiles and televisions, the agency said.
The Peruvian sol weakened 0.1 percent to 2.7300 per U.S. dollar at 11:02 a.m. in New York, from 2.7280 yesterday.
The nation’s trade surplus will probably fall to $4.3 billion next year from $7.4 billion this year because of lower metal prices, central bank President Julio Velarde said Oct. 4.
--Editor: Robert Jameson
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