Peru - Merchandise exports to high-income economies (% of total merchandise exports)

Merchandise exports to high-income economies (% of total merchandise exports) in Peru was 53.63 as of 2020. Its highest value over the past 60 years was 87.41 in 1969, while its lowest value was 52.45 in 2018.

Definition: 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.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1960 84.32
1961 87.02
1962 87.18
1963 86.97
1964 85.75
1965 85.19
1966 85.97
1967 86.38
1968 84.87
1969 87.41
1970 86.72
1971 78.74
1972 80.44
1973 78.19
1974 76.61
1975 66.17
1976 70.12
1977 71.26
1978 68.80
1979 66.28
1980 71.55
1981 71.49
1982 76.53
1983 81.82
1984 74.70
1985 73.92
1986 71.56
1987 69.96
1988 71.03
1989 71.30
1990 74.28
1991 67.57
1992 69.52
1993 73.74
1994 70.79
1995 71.67
1996 69.25
1997 69.13
1998 74.74
1999 75.99
2000 74.60
2001 74.68
2002 76.25
2003 78.20
2004 74.13
2005 73.87
2006 74.53
2007 72.49
2008 70.26
2009 69.16
2010 67.66
2011 67.86
2012 65.11
2013 63.33
2014 61.12
2015 59.28
2016 57.91
2017 53.55
2018 52.45
2019 52.69
2020 53.63

Development Relevance: Low- and middle-income economies are an increasingly important part of the global trading system. Trade between high-income economies and low- and middle-income economies has grown faster than trade between high-income economies. This increased trade benefits both producers and consumers in developing and high-income economies. At the regional level most exports from low- and middle-income economies are to high-income economies, but the share of intraregional trade is increasing. Geographic patterns of trade vary widely by country and commodity. Larger shares of exports from oil- and resource-rich economies are to high-income economies.

Limitations and Exceptions: Data on exports and imports are from the International Monetary Fund's (IMF) Direction of Trade database and should be broadly consistent with data from other sources, such as the United Nations Statistics Division's Commodity Trade (Comtrade) database. All high-income economies and major low- and middle-income economies report trade data to the IMF on a timely basis, covering about 85 percent of trade for recent years. Trade data for less timely reporters and for countries that do not report are estimated using reports of trading partner countries. Therefore, data on trade between developing and high-income economies should be generally complete. But trade flows between many low- and middle-income economies - particularly those in Sub-Saharan Africa - are not well recorded, and the value of trade among low- and middle-income economies may be understated.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Exports