Foreign trade as a share of GDP rose 3.56% to 46.9% in Peru in 2017, according to the National Statistical Office.
Historically, foreign trade as a share of GDP in Peru reached an all time high of 58.4% in 2008 and an all time low of 22.5% in 1989. When compared to Peru's main peers, foreign trade as a share of GDP in Bolivia amounted to 56.7%, 24.1% in Brazil, 55.7% in Chile and 34.3% in Colombia in 2017.
Peru has been ranked 137th within the group of 163 countries we follow in terms of foreign trade as a share of GDP, 1 place below the position seen 10 years ago.
Foreign Trade (As % of GDP) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Argentina | % | 22.5% | 26.1% | 25.3% | 30.8% | 32.6% | ||||||||||||||||
Bolivia | % | 67.9% | 56.4% | 56.7% | 57.1% | 56.4% | ||||||||||||||||
Brazil | % | 27.0% | 24.5% | 24.3% | 28.9% | 28.9% | ||||||||||||||||
Chile | % | 59.3% | 56.1% | 56.0% | 58.2% | 57.5% | ||||||||||||||||
Colombia | % | 38.4% | 36.2% | 35.3% | 36.5% | 37.6% | ||||||||||||||||
Paraguay | % | 66.9% | 67.8% | 71.5% | 72.5% | 71.3% | ||||||||||||||||
Peru | % | 45.2% | 45.4% | 47.5% | 48.6% | 46.9% | ||||||||||||||||
Uruguay | % | 45.3% | 48.6% | 46.8% | 47.8% | 49.6% | ||||||||||||||||
Venezuela | % | ... | ... | ... | ... | ... | ... | ... |