Peruvian agricultural exports to China grew 63.5% in 2025, while bilateral trade surpassed 50 billion dollars, the Chinese embassy in Peru said on Thursday during the first anniversary of operations at the Port of Chancay, built north of Lima with Chinese investment.
The Chinese diplomatic mission highlighted that June marks one year since commercial operations began at the Port of Chancay, saying it “brings markets closer, creates opportunities, and turns the potential of the Chinese mega-market into real benefits for more Peruvian entrepreneurs.”
It added that thanks to the direct shipping route from Chancay to Shanghai, Peruvian agricultural exports to China increased by 63.5% in 2025, and bilateral trade exceeded 50 billion dollars for the first time, according to a message shared on its X account.
The embassy also stated that China has remained Peru’s largest trading partner for 12 consecutive years.
As part of the anniversary, the embassy hosted dozens of guests who toured an exhibition hall and an interactive model of the Port of Chancay, to better understand “the scale and design of this logistics giant.”
The port was officially inaugurated in 2024 during a visit by Chinese President Xi Jinping. It was built by Chinese state shipping company COSCO, with an investment of 1.3 billion dollars, and is expected to attract the world’s largest container ships while reducing shipping time to China by around 12 days.
Before the construction of the Port of Chancay, Chinese investments in Peru totaled 38.8 billion dollars between 2001 and 2023, mainly focused on mining (43%), fishing (21%), electricity generation and distribution (13%), finance (9%), oil and gas (9%), and ports (4%).
Since 2010, Peru and China have had a free trade agreement in force, aimed at improving direct transport, telecommunications, and rail connectivity.
Source: Agronline
