Merchandise Trade (As % of GDP) rose to 40.3% in Peru in 2017

Merchandise Trade (As % of GDP) (%)
Economy | Peru | May 17, 2019
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Excel Sheet

Merchandise trade as a share of GDP reached 40.3 % in 2017 in Peru, according to the National Statistical Office. This is 5.26 % more than in the previous year.

Historically, merchandise trade as a share of GDP in Peru reached an all time high of 50.6 % in 2008 and an all time low of 17.9 % in 1991. When compared to Peru's main peers, merchandise trade as a share of GDP in Bolivia amounted to 45.7 %, 18.3 % in Brazil, 48.5 % in Chile and 26.7 % in Colombia in 2017.

Peru has been ranked 126th within the group of 168 countries we follow in terms of merchandise trade as a share of GDP, 7 places behind the position seen 10 years ago.

Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current US dollars.

Merchandise Trade (As % of GDP) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Argentina % 29.9% 27.1% 27.2% 25.5% 19.7%
Bolivia % 68.0% 73.2% 68.5% 69.2% 55.5%
Brazil % 18.8% 19.3% 19.9% 18.9% 20.5%
Chile % 61.9% 59.1% 56.1% 56.8% 51.0%
Colombia % 33.2% 32.2% 31.0% 31.2% 30.7%
Paraguay % 59.7% 56.6% 56.0% 54.2% 51.5%
Peru % 49.0% 46.7% 43.0% 40.7% 38.1%
Uruguay % 38.9% 39.7% 36.0% 36.0% 32.2%
Venezuela % 44.5% 39.0% 37.1% 24.4% ... ... ...