Merchandise exports to low- and middle-income economies outside region in Peru
Peru: Merchandise exports to low- and middle-income economies outside region was 42.0% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies outside region 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 outside region in Peru is 42.0%, measured in 2023. That is the highest value across all 64 years on record.
That represents a change of up 18.1% on the previous year and up 100.9% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies outside region in Peru peaked at 42.0% in 2023 and was at its lowest, 0.0%, in 1984.
Peru ranks 27th of 206 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports to low- and middle-income economies outside region in Peru, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 0.3% | — |
| 1961 | 0.7% | +129.9% |
| 1962 | 0.5% | -28.6% |
| 1963 | 0.7% | +42.9% |
| 1964 | 1.4% | +101.7% |
| 1965 | 0.9% | -39.5% |
| 1966 | 0.4% | -53.8% |
| 1967 | 0.9% | +139.4% |
| 1968 | 1.4% | +48.8% |
| 1969 | 0.7% | -51.7% |
| 1970 | 0.5% | -25.2% |
| 1971 | 3.4% | +571.4% |
| 1972 | 5.8% | +68.4% |
| 1973 | 6.0% | +4.5% |
| 1974 | 6.0% | -1.2% |
| 1975 | 6.4% | +7.5% |
| 1976 | 5.4% | -16.1% |
| 1977 | 3.7% | -31.1% |
| 1978 | 3.6% | -2.6% |
| 1979 | 0.7% | -80.1% |
| 1980 | 3.9% | +438.6% |
| 1981 | 4.6% | +18.8% |
| 1982 | 3.8% | -17.4% |
| 1983 | 1.8% | -51.7% |
| 1984 | 0.0% | -97.8% |
| 1985 | 3.9% | +9530.8% |
| 1986 | 6.2% | +59.0% |
| 1987 | 5.6% | -8.5% |
| 1988 | 7.4% | +30.7% |
| 1989 | 2.7% | -63.9% |
| 1990 | 4.4% | +63.8% |
| 1991 | 8.2% | +87.5% |
| 1992 | 10.6% | +29.0% |
| 1993 | 7.8% | -26.6% |
| 1994 | 10.7% | +37.5% |
| 1995 | 11.3% | +6.2% |
| 1996 | 13.3% | +17.5% |
| 1997 | 12.6% | -5.0% |
| 1998 | 7.5% | -40.4% |
| 1999 | 8.1% | +7.4% |
| 2000 | 11.0% | +35.8% |
| 2001 | 10.1% | -7.6% |
| 2002 | 10.4% | +2.4% |
| 2003 | 9.7% | -6.3% |
| 2004 | 12.2% | +25.3% |
| 2005 | 12.9% | +5.5% |
| 2006 | 12.1% | -6.1% |
| 2007 | 13.4% | +11.2% |
| 2008 | 14.9% | +11.3% |
| 2009 | 17.4% | +16.3% |
| 2010 | 18.4% | +6.1% |
| 2011 | 18.2% | -1.2% |
| 2012 | 20.2% | +10.8% |
| 2013 | 20.9% | +3.6% |
| 2014 | 21.3% | +1.8% |
| 2015 | 26.1% | +22.8% |
| 2016 | 27.6% | +5.4% |
| 2017 | 33.0% | +19.8% |
| 2018 | 35.2% | +6.8% |
| 2019 | 35.2% | -0.0% |
| 2020 | 33.7% | -4.4% |
| 2021 | 38.4% | +13.9% |
| 2022 | 35.6% | -7.3% |
| 2023 | 42.0% | +18.1% |
Peru compared with similar countries
- Peru's 42.0% is above the median for upper middle income countries, which is 9.6%, 4.4× the median. (59 countries reporting)
- Peru's 42.0% is above the median for Latin America & Caribbean, which is 5.3%, 7.9× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports to low- and middle-income economies outside region in Peru changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1985 | +9530.8% | 0.0% | 3.9% |
| 1971 | +571.4% | 0.5% | 3.4% |
| 1980 | +438.6% | 0.7% | 3.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.8% | 0.3% | 1.4% | 10 |
| 1970s | 4.1% | 0.5% | 6.4% | 10 |
| 1980s | 4.0% | 0.0% | 7.4% | 10 |
| 1990s | 9.4% | 4.4% | 13.3% | 10 |
| 2000s | 12.4% | 9.7% | 17.4% | 10 |
| 2010s | 25.6% | 18.2% | 35.2% | 10 |
| 2020s | 37.4% | 33.7% | 42.0% | 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 outside region in Peru?
- Merchandise exports to low- and middle-income economies outside region in Peru was 42.0% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies outside region recorded in Peru?
- The highest recorded value was 42.0% in 2023.
- What is the lowest merchandise exports to low- and middle-income economies outside region recorded in Peru?
- The lowest recorded value was 0.0% in 1984.
- How does Peru rank for merchandise exports to low- and middle-income economies outside region?
- Peru ranks 27th out of 206 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies outside region rising or falling in Peru?
- Over the last ten years it is up 100.9%. 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 to low- and middle-income economies outside region (% 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 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.