Latin America & Caribbean vs Peru: Merchandise exports to low- and middle-income economies outside region

Latin America & Caribbean
20.7%
in 2023
Peru
42.0%
in 2023
Latin America & Caribbean rank
25th
Peru rank
27th

Merchandise exports to low- and middle-income economies outside region over time

  • Latin America & Caribbean
  • Peru
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How they compare

Peru currently reports 42.0% against 20.7% in Latin America & Caribbean, a difference of 21.3%.

That makes Peru's figure about 2.0 times Latin America & Caribbean's.

The two have swapped places 7 times across 64 shared years of data; in 1960 it was Latin America & Caribbean ahead.

Latin America & Caribbean ranks 25th and Peru ranks 27th of 47 groups.

Across the 7 decades both report, Latin America & Caribbean averaged higher in 2 and Peru in 5.

Head to head by decade

Decade Latin America & Caribbean Peru Difference Ahead
1960s 1.5% 0.8% 0.7% Latin America & Caribbean
1970s 3.5% 4.1% 0.6% Peru
1980s 6.1% 4.0% 2.2% Latin America & Caribbean
1990s 4.7% 9.4% 4.8% Peru
2000s 7.6% 12.4% 4.8% Peru
2010s 17.0% 25.6% 8.6% Peru
2020s 21.1% 37.4% 16.3% Peru

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise exports to low- and middle-income economies outside region, Latin America & Caribbean or Peru?
Peru, at 42.0% against 20.7% in Latin America & Caribbean as of 2023.
What is the difference in merchandise exports to low- and middle-income economies outside region between Latin America & Caribbean and Peru?
21.3%, with Peru ahead.
How many years of comparable data are there for Latin America & Caribbean and Peru?
64 years are reported by both, from 1960 to 2023.
How do Latin America & Caribbean and Peru rank globally for merchandise exports to low- and middle-income economies outside region?
Latin America & Caribbean ranks 25th and Peru ranks 27th of 47 groups.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latin America & Caribbean vs Peru: Merchandise exports to low- and middle-income economies outside region. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 19 September 2026, from https://private-sector.statizoid.com/compare/merchandise-exports-to-low-and-middle-income-economies-outside-region-percent-of-total/latin-america-and-caribbean/peru/

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About this data

Indicator
Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
Unit
% of total merchandise exports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 12,864 data points, 1960–2023
Last refreshed

Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.