Merchandise exports to high-income economies in Peru
Peru: Merchandise exports to high-income economies was 48.5% in 2023. ▼ Falling
Merchandise exports to high-income economies in Peru, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
Peru recorded 48.5% for merchandise exports to high-income economies in 2023. That is the lowest value across all 64 years on record.
The figure is down 9.4% on the previous year and down 25.1% over ten years.
Over the whole period, merchandise exports to high-income economies in Peru peaked at 95.2% in 1961 and was at its lowest, 48.5%, in 2023.
That places Peru 143rd out of 206 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 64 years of available data.
Merchandise exports to high-income economies in Peru, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 93.9% | — |
| 1961 | 95.2% | +1.4% |
| 1962 | 93.9% | -1.3% |
| 1963 | 93.9% | -0.0% |
| 1964 | 92.2% | -1.8% |
| 1965 | 92.2% | -0.0% |
| 1966 | 93.4% | +1.4% |
| 1967 | 94.7% | +1.4% |
| 1968 | 93.3% | -1.5% |
| 1969 | 93.4% | +0.1% |
| 1970 | 93.7% | +0.3% |
| 1971 | 87.3% | -6.8% |
| 1972 | 86.3% | -1.1% |
| 1973 | 85.9% | -0.5% |
| 1974 | 83.5% | -2.8% |
| 1975 | 79.8% | -4.5% |
| 1976 | 81.0% | +1.5% |
| 1977 | 82.0% | +1.2% |
| 1978 | 81.6% | -0.4% |
| 1979 | 79.5% | -2.6% |
| 1980 | 80.2% | +0.9% |
| 1981 | 84.2% | +5.0% |
| 1982 | 83.5% | -0.9% |
| 1983 | 89.1% | +6.7% |
| 1984 | 88.8% | -0.3% |
| 1985 | 83.8% | -5.7% |
| 1986 | 80.5% | -3.9% |
| 1987 | 78.6% | -2.3% |
| 1988 | 78.2% | -0.5% |
| 1989 | 82.3% | +5.2% |
| 1990 | 81.2% | -1.3% |
| 1991 | 75.6% | -6.8% |
| 1992 | 72.3% | -4.4% |
| 1993 | 76.2% | +5.4% |
| 1994 | 73.5% | -3.5% |
| 1995 | 74.5% | +1.3% |
| 1996 | 72.0% | -3.2% |
| 1997 | 72.1% | +0.1% |
| 1998 | 77.2% | +7.0% |
| 1999 | 78.6% | +1.9% |
| 2000 | 75.4% | -4.1% |
| 2001 | 75.4% | +0.0% |
| 2002 | 77.1% | +2.3% |
| 2003 | 78.9% | +2.3% |
| 2004 | 74.9% | -5.0% |
| 2005 | 74.6% | -0.4% |
| 2006 | 75.3% | +0.9% |
| 2007 | 73.6% | -2.2% |
| 2008 | 71.4% | -3.0% |
| 2009 | 70.2% | -1.6% |
| 2010 | 69.4% | -1.2% |
| 2011 | 69.5% | +0.2% |
| 2012 | 66.5% | -4.3% |
| 2013 | 64.8% | -2.6% |
| 2014 | 62.4% | -3.7% |
| 2015 | 60.2% | -3.6% |
| 2016 | 58.9% | -2.1% |
| 2017 | 54.7% | -7.1% |
| 2018 | 53.9% | -1.5% |
| 2019 | 53.9% | -0.1% |
| 2020 | 57.1% | +6.0% |
| 2021 | 52.9% | -7.3% |
| 2022 | 53.5% | +1.1% |
| 2023 | 48.5% | -9.4% |
Peru compared with similar countries
- Peru's 48.5% is below the median for upper middle income countries, which is 65.7%, 74% of the median. (59 countries reporting)
- Peru's 48.5% is below the median for Latin America & Caribbean, which is 66.4%, 73% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 93.6% | 92.2% | 95.2% | 10 |
| 1970s | 84.1% | 79.5% | 93.7% | 10 |
| 1980s | 82.9% | 78.2% | 89.1% | 10 |
| 1990s | 75.3% | 72.0% | 81.2% | 10 |
| 2000s | 74.7% | 70.2% | 78.9% | 10 |
| 2010s | 61.4% | 53.9% | 69.5% | 10 |
| 2020s | 53.0% | 48.5% | 57.1% | 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 to high-income economies in Peru?
- Merchandise exports to high-income economies in Peru was 48.5% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to high-income economies recorded in Peru?
- The highest recorded value was 95.2% in 1961.
- What is the lowest merchandise exports to high-income economies recorded in Peru?
- The lowest recorded value was 48.5% in 2023.
- How does Peru rank for merchandise exports to high-income economies?
- Peru ranks 143rd out of 206 countries with data for 2023.
- Is merchandise exports to high-income economies rising or falling in Peru?
- Over the last ten years it is down 25.1%. The long-run trend across the full record is falling.
- Where does this Peru data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to high-income economies (% of total merchandise exports). Statizoid updates them automatically from the source API.
Download this data
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About this data
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies 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.