Peru - Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)

Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in Peru was 35.40 as of 2020. Its highest value over the past 60 years was 35.90 in 2019, while its lowest value was 0.27 in 1960.

Definition: 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.

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

See also:

Year Value
1960 0.27
1961 0.63
1962 0.46
1963 0.69
1964 1.35
1965 0.94
1966 0.67
1967 0.96
1968 1.39
1969 0.64
1970 0.88
1971 3.52
1972 5.88
1973 5.49
1974 5.56
1975 5.53
1976 4.65
1977 3.58
1978 3.46
1979 0.82
1980 3.63
1981 4.24
1982 3.99
1983 1.93
1984 0.31
1985 3.96
1986 5.74
1987 5.41
1988 7.06
1989 2.62
1990 4.21
1991 7.58
1992 10.40
1993 7.60
1994 11.03
1995 11.47
1996 13.45
1997 12.84
1998 7.77
1999 8.43
2000 11.49
2001 10.74
2002 11.05
2003 10.42
2004 12.95
2005 13.58
2006 12.79
2007 14.20
2008 15.54
2009 17.92
2010 19.48
2011 19.28
2012 20.80
2013 21.88
2014 22.17
2015 26.80
2016 28.11
2017 33.66
2018 35.81
2019 35.90
2020 35.40

Development Relevance: Although global integration has increased, low- and middle-income economies still face trade barriers when accessing other markets.

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