Peru Trade Openness
Trade as % of GDP NE.TRD.GNFS.ZS
Peru's trade openness was 54.79% in 2025, ranked 138th globally. This represents a 6.4% increase from 2024. Data from World Bank, covering 1960–2025.
Overview
Peru's trade openness stood at 54.79% in 2025, a rise of +3.32% from 2024. Based on recent trends, this figure is projected to reach 54.79% by 2025. Peru ranked 138th globally.
Peru's trade openness has experienced a significant fluctuation over the past 66 years, with the latest reading standing at 54.79, ranking 138 globally. The country's trade openness has been on a declining trend since its peak of 58.43 in 2008. Conversely, Peru's trade openness has shown resilience in the face of economic downturns, as evidenced by its recovery from the all-time trough of 22.54 in 1989. A comparison with peer countries reveals that Uruguay, which ranks close to Peru at 55.71, has also experienced fluctuations in trade openness over the years. The trend in Peru's trade openness suggests a moderate openness to international trade, which may be influenced by factors such as regional trade agreements and economic policy reforms. A significant shift in Peru's trade policy, such as a deeper integration into regional trade blocs, could potentially alter the trajectory of its trade openness in the coming years.
Data & projection
| Year | Trade Openness | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 56.76% | - | - |
| 2026* trend | 55.77% | - | - |
| 2025* trend | 54.79% | - | - |
| 2025 | 54.79% | +3.32% | #138 |
| 2024 | 51.48% | +0.69% | #40 |
| 2023 | 50.79% | −6.51% | #39 |
| 2022 | 57.30% | +1.87% | #43 |
| 2021 | 55.43% | +11.18% | #48 |
| 2020 | 44.25% | −2.70% | #36 |
| 2019 | 46.94% | −1.69% | #32 |
| 2018 | 48.63% | +1.12% | #31 |
| 2017 | 47.51% | +2.12% | #36 |
| 2016 | 45.39% | +0.23% | #31 |
| 2015 | 45.16% | −1.69% | #26 |
| 2014 | 46.85% | −2.93% | #24 |
| 2013 | 49.79% | −2.83% | #31 |
| 2012 | 52.62% | −3.37% | #31 |
| 2011 | 55.99% | +4.32% | #37 |
Detected Pattern
Analysis
Peru matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw trade openness improve within 24 months. View full analysis →
Frequently Asked Questions
Peru's trade openness was 54.79% in 2025. Ranked 138th globally. This represents a 6.4% increase from the previous year.
Peru's trade openness peaked at 58.43% in 2008.
The lowest trade openness in Peru was 22.54% in 1989.
Peru ranks 138th globally in trade openness as of 2025.
The World Bank indicator code is NE.TRD.GNFS.ZS. Data sourced from World Bank.
Peru's trade openness is projected to reach 54.79% by 2025 based on trend extrapolation.
The trade openness of Peru in 2025 was 54.79%. This ranks 138th in the world.
Cite this page
@misc{historysaid_peru_trade-openness,
title = {Peru Trade Openness},
url = {https://historysaid.com/peru/trade-openness/},
publisher = {HistorySaid},
year = {2026}
}