Panama vs Peru: Merchandise trade
Merchandise trade over time
- Panama
- Peru
How they compare
Peru currently reports 42.8% against 41.6% in Panama, a difference of 1.2%.
The two have swapped places 8 times across 66 shared years of data; in 1960 it was Peru ahead.
Panama ranks 134th and Peru ranks 132nd of 204 countries.
Across the 7 decades both report, Panama averaged higher in 6 and Peru in 1.
Head to head by decade
| Decade | Panama | Peru | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 30.6% | 28.5% | 2.1% | Panama |
| 1970s | 39.0% | 23.0% | 16.1% | Panama |
| 1980s | 27.9% | 28.4% | 0.5% | Peru |
| 1990s | 33.5% | 23.3% | 10.2% | Panama |
| 2000s | 64.7% | 36.9% | 27.7% | Panama |
| 2010s | 71.3% | 41.8% | 29.5% | Panama |
| 2020s | 49.9% | 44.6% | 5.3% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise trade, Panama or Peru?
- Peru, at 42.8% against 41.6% in Panama as of 2025.
- What is the difference in merchandise trade between Panama and Peru?
- 1.2%, with Peru ahead.
- How many years of comparable data are there for Panama and Peru?
- 66 years are reported by both, from 1960 to 2025.
- How do Panama and Peru rank globally for merchandise trade?
- Panama ranks 134th and Peru ranks 132nd of 204 countries.
- Where does this data come from?
- World Trade Organization (WTO), published as Merchandise trade (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
General merchandise trade includes goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. It is the total of merchandise exports plus merchandise imports. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.