Merchandise imports from low- and middle-income economies outside in Peru
Peru: Merchandise imports from low- and middle-income economies outside was 29.8% in 2023. ◆ Volatile
Merchandise imports from low- and middle-income economies outside in Peru, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
Peru recorded 29.8% for merchandise imports from low- and middle-income economies outside in 2023.
That represents a change of up 6.3% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies outside in Peru peaked at 32.7% in 2019 and was at its lowest, 0.5%, in 1976.
Peru ranks 64th of 206 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports from low- and middle-income economies outside in Peru, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1960 | 2.2% | — |
| 1961 | 2.0% | -10.0% |
| 1962 | 1.8% | -9.4% |
| 1963 | 2.1% | +18.5% |
| 1964 | 1.5% | -28.4% |
| 1965 | 1.6% | +7.8% |
| 1966 | 1.4% | -15.5% |
| 1967 | 1.5% | +6.9% |
| 1968 | 2.4% | +60.9% |
| 1969 | 2.1% | -14.2% |
| 1970 | 1.4% | -30.6% |
| 1971 | 1.2% | -17.3% |
| 1972 | 1.0% | -11.5% |
| 1973 | 0.7% | -32.2% |
| 1974 | 0.8% | +13.6% |
| 1975 | 1.6% | +94.9% |
| 1976 | 0.5% | -68.0% |
| 1977 | 0.9% | +87.3% |
| 1978 | 1.9% | +97.9% |
| 1979 | 1.1% | -40.3% |
| 1980 | 1.2% | +4.7% |
| 1981 | 0.8% | -27.0% |
| 1982 | 0.9% | +1.4% |
| 1983 | 0.8% | -10.2% |
| 1984 | 0.7% | -3.0% |
| 1985 | 0.8% | +11.7% |
| 1986 | 1.0% | +24.5% |
| 1987 | 1.6% | +50.9% |
| 1988 | 0.6% | -62.9% |
| 1989 | 2.0% | +234.8% |
| 1990 | 1.5% | -22.8% |
| 1991 | 2.7% | +77.5% |
| 1992 | 2.7% | +2.3% |
| 1993 | 3.8% | +40.0% |
| 1994 | 3.3% | -14.6% |
| 1995 | 3.9% | +18.9% |
| 1996 | 2.3% | -40.7% |
| 1997 | 2.4% | +6.4% |
| 1998 | 2.8% | +13.8% |
| 1999 | 3.2% | +13.2% |
| 2000 | 7.6% | +140.9% |
| 2001 | 9.9% | +29.8% |
| 2002 | 5.3% | -46.4% |
| 2003 | 5.6% | +4.9% |
| 2004 | 5.2% | -6.5% |
| 2005 | 15.8% | +204.9% |
| 2006 | 16.1% | +1.5% |
| 2007 | 20.2% | +25.8% |
| 2008 | 21.4% | +5.7% |
| 2009 | 22.4% | +5.0% |
| 2010 | 25.1% | +12.0% |
| 2011 | 25.3% | +0.5% |
| 2012 | 27.0% | +7.0% |
| 2013 | 28.1% | +4.0% |
| 2014 | 28.7% | +2.1% |
| 2015 | 30.4% | +5.9% |
| 2016 | 30.4% | +0.0% |
| 2017 | 29.5% | -2.7% |
| 2018 | 30.2% | +2.1% |
| 2019 | 32.7% | +8.5% |
| 2020 | 30.7% | -6.1% |
| 2021 | 29.8% | -2.9% |
| 2022 | 29.8% | +0.0% |
| 2023 | 29.8% | +0.0% |
Peru compared with similar countries
- Peru's 29.8% is above the median for upper middle income countries, which is 20.2%, 1.5× the median. (59 countries reporting)
- Peru's 29.8% is above the median for Latin America & Caribbean, which is 20.2%, 1.5× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise imports from low- and middle-income economies outside 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 |
|---|---|---|---|
| 1989 | +234.8% | 0.6% | 2.0% |
| 2005 | +204.9% | 5.2% | 15.8% |
| 2000 | +140.9% | 3.2% | 7.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.9% | 1.4% | 2.4% | 10 |
| 1970s | 1.1% | 0.5% | 1.9% | 10 |
| 1980s | 1.0% | 0.6% | 2.0% | 10 |
| 1990s | 2.9% | 1.5% | 3.9% | 10 |
| 2000s | 12.9% | 5.2% | 22.4% | 10 |
| 2010s | 28.7% | 25.1% | 32.7% | 10 |
| 2020s | 30.1% | 29.8% | 30.7% | 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 imports from low- and middle-income economies outside in Peru?
- Merchandise imports from low- and middle-income economies outside in Peru was 29.8% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from low- and middle-income economies outside recorded in Peru?
- The highest recorded value was 32.7% in 2019.
- What is the lowest merchandise imports from low- and middle-income economies outside recorded in Peru?
- The lowest recorded value was 0.5% in 1976.
- How does Peru rank for merchandise imports from low- and middle-income economies outside?
- Peru ranks 64th out of 206 countries with data for 2023.
- Is merchandise imports from low- and middle-income economies outside rising or falling in Peru?
- Over the last ten years it is up 6.3%. 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 imports from low- and middle-income economies outside region (% of total merchandise imports). Statizoid updates them automatically from the source API.
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About this data
Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from 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 imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.