Merchandise exports to low- and middle-income economies in Latin in Peru
Peru: Merchandise exports to low- and middle-income economies in Latin was 9.3% in 2023. ▲ Rising
Merchandise exports to low- and middle-income economies in Latin in Peru, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
The most recent figure for merchandise exports to low- and middle-income economies in latin in Peru is 9.3%, measured in 2023.
That represents a change of down 13.1% on the previous year and down 25.1% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in latin in Peru peaked at 17.4% in 1979 and was at its lowest, 3.7%, in 1967.
Peru ranks 27th of 203 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 64 years of available data.
Merchandise exports to low- and middle-income economies in Latin in Peru, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 5.7% | — |
| 1961 | 3.9% | -30.7% |
| 1962 | 5.2% | +33.0% |
| 1963 | 4.8% | -8.5% |
| 1964 | 5.5% | +14.6% |
| 1965 | 5.9% | +6.9% |
| 1966 | 5.2% | -11.3% |
| 1967 | 3.7% | -28.3% |
| 1968 | 4.6% | +22.3% |
| 1969 | 5.3% | +16.1% |
| 1970 | 5.2% | -0.7% |
| 1971 | 8.6% | +63.2% |
| 1972 | 7.5% | -12.4% |
| 1973 | 7.0% | -6.1% |
| 1974 | 9.9% | +41.0% |
| 1975 | 12.9% | +30.3% |
| 1976 | 12.4% | -4.3% |
| 1977 | 13.0% | +5.0% |
| 1978 | 12.5% | -4.3% |
| 1979 | 17.4% | +40.1% |
| 1980 | 14.4% | -17.2% |
| 1981 | 9.6% | -33.8% |
| 1982 | 10.9% | +13.9% |
| 1983 | 8.0% | -26.8% |
| 1984 | 9.2% | +15.7% |
| 1985 | 10.8% | +16.9% |
| 1986 | 11.3% | +4.9% |
| 1987 | 13.1% | +15.5% |
| 1988 | 11.0% | -15.7% |
| 1989 | 13.7% | +24.6% |
| 1990 | 12.6% | -8.0% |
| 1991 | 13.5% | +6.8% |
| 1992 | 13.9% | +3.4% |
| 1993 | 13.8% | -1.1% |
| 1994 | 13.9% | +1.1% |
| 1995 | 11.2% | -19.8% |
| 1996 | 12.4% | +11.0% |
| 1997 | 13.1% | +5.4% |
| 1998 | 13.4% | +2.0% |
| 1999 | 11.7% | -12.2% |
| 2000 | 11.9% | +1.7% |
| 2001 | 12.3% | +3.0% |
| 2002 | 11.0% | -10.7% |
| 2003 | 10.1% | -8.0% |
| 2004 | 11.3% | +11.6% |
| 2005 | 10.7% | -4.7% |
| 2006 | 10.8% | +1.0% |
| 2007 | 10.2% | -6.1% |
| 2008 | 10.2% | +0.2% |
| 2009 | 10.1% | -1.1% |
| 2010 | 10.7% | +6.2% |
| 2011 | 10.2% | -4.5% |
| 2012 | 10.6% | +3.8% |
| 2013 | 12.4% | +16.5% |
| 2014 | 15.0% | +21.1% |
| 2015 | 13.2% | -12.3% |
| 2016 | 13.3% | +1.1% |
| 2017 | 12.1% | -8.8% |
| 2018 | 10.8% | -11.3% |
| 2019 | 10.8% | +0.2% |
| 2020 | 9.1% | -15.8% |
| 2021 | 8.5% | -6.3% |
| 2022 | 10.7% | +25.2% |
| 2023 | 9.3% | -13.1% |
Peru compared with similar countries
- Peru's 9.3% is above the median for upper middle income countries, which is 1.9%, 4.8× the median. (58 countries reporting)
- Peru's 9.3% is below the median for Latin America & Caribbean, which is 14.5%, 64% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.0% | 3.7% | 5.9% | 10 |
| 1970s | 10.7% | 5.2% | 17.4% | 10 |
| 1980s | 11.2% | 8.0% | 14.4% | 10 |
| 1990s | 13.0% | 11.2% | 13.9% | 10 |
| 2000s | 10.9% | 10.1% | 12.3% | 10 |
| 2010s | 11.9% | 10.2% | 15.0% | 10 |
| 2020s | 9.4% | 8.5% | 10.7% | 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 low- and middle-income economies in latin in Peru?
- Merchandise exports to low- and middle-income economies in latin in Peru was 9.3% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies in latin recorded in Peru?
- The highest recorded value was 17.4% in 1979.
- What is the lowest merchandise exports to low- and middle-income economies in latin recorded in Peru?
- The lowest recorded value was 3.7% in 1967.
- How does Peru rank for merchandise exports to low- and middle-income economies in latin?
- Peru ranks 27th out of 203 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies in latin rising or falling in Peru?
- Over the last ten years it is down 25.1%. The long-run trend across the full record is rising.
- Where does this Peru data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean region according to World Bank classification of economies. Data are 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.