Overview Peru enjoyed a favourable trade balance during 2002. Exports amounted to US$7.68bn, and imports were US$7.42bn. Exports in the first half of 2003 were US$4.12bn; imports were US$4.11bn. Principal exports in the first half included gold, copper, textiles, zinc, lead, petroleum products and coffee. Major imports were machinery and parts, mining equipment, cereals, chemicals, pharmaceuticals, household appliances and vehicles. The economy is highly dependent on imported components for basic manufactured goods, such as consumer electronics and appliances. Industrial inputs—raw materials and intermediate products—remain the largest category of imports, accounting for 50.88% of total imports in 2002. Capital goods represented 25.79%, and consumption goods made up the balance.
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