Merchandise exports by the reporting economy, residual in Peru
Peru: Merchandise exports by the reporting economy, residual was 0.2% in 2023. ◆ Volatile
Merchandise exports by the reporting economy, residual in Peru, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
In 2023, merchandise exports by the reporting economy, residual in Peru stood at 0.2%.
Compared with earlier readings it is down 1.3% on the previous year and down 88.8% over ten years.
Over the whole period, merchandise exports by the reporting economy, residual in Peru peaked at 3.5% in 2008 and was at its lowest, 0.1%, in 2018.
Peru ranks 11th of 206 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports by the reporting economy, residual in Peru, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 0.1% | — |
| 1961 | 0.2% | +34.9% |
| 1962 | 0.3% | +89.6% |
| 1963 | 0.6% | +73.0% |
| 1964 | 0.9% | +52.4% |
| 1965 | 1.1% | +23.3% |
| 1966 | 1.0% | -13.8% |
| 1967 | 0.6% | -37.7% |
| 1968 | 0.8% | +25.3% |
| 1969 | 0.6% | -15.3% |
| 1970 | 0.5% | -15.0% |
| 1971 | 0.7% | +22.1% |
| 1972 | 0.4% | -43.3% |
| 1973 | 1.0% | +158.7% |
| 1974 | 0.6% | -42.5% |
| 1975 | 0.9% | +55.0% |
| 1976 | 1.3% | +43.9% |
| 1977 | 1.3% | +4.7% |
| 1978 | 2.3% | +75.2% |
| 1979 | 2.3% | +0.3% |
| 1980 | 1.5% | -36.0% |
| 1981 | 1.6% | +9.3% |
| 1982 | 1.9% | +14.2% |
| 1983 | 1.1% | -38.6% |
| 1984 | 1.9% | +70.0% |
| 1985 | 1.6% | -18.8% |
| 1986 | 2.0% | +30.1% |
| 1987 | 2.7% | +29.7% |
| 1988 | 3.4% | +26.4% |
| 1989 | 1.3% | -60.4% |
| 1990 | 1.8% | +37.4% |
| 1991 | 2.7% | +47.0% |
| 1992 | 3.2% | +18.5% |
| 1993 | 2.2% | -29.5% |
| 1994 | 1.9% | -16.5% |
| 1995 | 3.0% | +62.2% |
| 1996 | 2.2% | -26.5% |
| 1997 | 2.1% | -4.1% |
| 1998 | 2.0% | -8.6% |
| 1999 | 1.6% | -19.3% |
| 2000 | 1.7% | +6.3% |
| 2001 | 2.1% | +27.8% |
| 2002 | 1.5% | -29.1% |
| 2003 | 1.3% | -17.7% |
| 2004 | 1.6% | +28.1% |
| 2005 | 1.8% | +9.8% |
| 2006 | 1.8% | +1.2% |
| 2007 | 2.8% | +55.4% |
| 2008 | 3.5% | +25.8% |
| 2009 | 2.3% | -34.2% |
| 2010 | 1.5% | -35.3% |
| 2011 | 2.0% | +37.5% |
| 2012 | 2.7% | +31.9% |
| 2013 | 1.9% | -28.6% |
| 2014 | 1.3% | -32.1% |
| 2015 | 0.5% | -60.4% |
| 2016 | 0.2% | -57.3% |
| 2017 | 0.1% | -50.5% |
| 2018 | 0.1% | -47.7% |
| 2019 | 0.1% | +56.6% |
| 2020 | 0.1% | +2.3% |
| 2021 | 0.2% | +70.0% |
| 2022 | 0.2% | +40.0% |
| 2023 | 0.2% | -1.3% |
Peru compared with similar countries
- Peru's 0.2% is above the median for upper middle income countries, which is 0.0%, 237.2× the median. (59 countries reporting)
- Peru's 0.2% is above the median for Latin America & Caribbean, which is 0.1%, 3.4× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.6% | 0.1% | 1.1% | 10 |
| 1970s | 1.1% | 0.4% | 2.3% | 10 |
| 1980s | 1.9% | 1.1% | 3.4% | 10 |
| 1990s | 2.3% | 1.6% | 3.2% | 10 |
| 2000s | 2.0% | 1.3% | 3.5% | 10 |
| 2010s | 1.0% | 0.1% | 2.7% | 10 |
| 2020s | 0.2% | 0.1% | 0.2% | 4 |
Countries ranked near Peru
More private sector data for Peru
- Merchandise trade 42.8% (2025)
- Food imports 11.9% (2024)
- Manufactures imports 68.2% (2024)
- Merchandise imports 60.63 billion current US$ (2025)
- Food exports 21.2% (2024)
- Manufactures exports 7.4% (2024)
- Merchandise exports 82.69 billion current US$ (2025)
- Merchandise exports (current US$), per capita 2,392 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2469 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 10.68 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports by the reporting economy, residual in Peru?
- Merchandise exports by the reporting economy, residual in Peru was 0.2% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports by the reporting economy, residual recorded in Peru?
- The highest recorded value was 3.5% in 2008.
- What is the lowest merchandise exports by the reporting economy, residual recorded in Peru?
- The lowest recorded value was 0.1% in 2018.
- How does Peru rank for merchandise exports by the reporting economy, residual?
- Peru ranks 11th out of 206 countries with data for 2023.
- Is merchandise exports by the reporting economy, residual rising or falling in Peru?
- Over the last ten years it is down 88.8%. The long-run trend across the full record is volatile.
- Where does this Peru data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports by the reporting economy, residual (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports by the reporting economy residuals are the total merchandise exports by the reporting economy to the rest of the world as reported in the IMF's Direction of trade database, less the sum of exports by the reporting economy to high-, low-, and middle-income economies according to the World Bank classification of economies. Includes trade with unspecified partners or with economies not covered by World Bank classification. Data are as a percentage of total merchandise exports by the economy.