Xinhua News Agency, Santiago, February 4th (Reporter Zhu Yubo) Lima News: Peru’s Ministry of Foreign Trade and Tourism announced on the 3rd that the country’s exports of goods will reach 90.082 billion US dollars in 2025, an increase of 21% from the previous year and a historic high; Among them, the export value to China increased by over 30%, becoming an important driving force for Peru’s annual growth in goods exports.
Peruvian industry insiders pointed out that the record high export value of Peruvian goods is due to the “Qian Kai effect”. Juan Carlos Paz, former chairman of the Peruvian National Port Authority, stated that the Qiankai Port has significantly shortened the shipping time between Peru and Asian trading partners such as China, reduced transportation costs, and enhanced the competitiveness of Peruvian product exports.
The announcement from Peru’s Ministry of Foreign Trade and Tourism shows that the good performance of Peru’s foreign trade in 2025 is attributed to the outstanding performance of multiple industries, including a 49.6% increase in ceramic exports, a 29.1% increase in fisheries, a 25.9% increase in mining, and an 18.5% increase in agriculture.
According to the announcement, China remains Peru’s main trading partner, accounting for 36.2% of Peru’s total exports, with exports increasing by over 30% compared to the previous year; The EU is Peru’s second largest export destination, with exports increasing by 24% compared to the previous year.
The Peruvian Ministry of Economy and Finance recently released a report stating that Peru will receive over 1 billion soles (approximately 298 million US dollars) in tax revenue through the Qiankai Port in 2025. Peruvian Minister of Economy and Finance, Denise Mirales, stated that this not only reflects the growing vitality of the Qiankai Port, but also highlights the strategic importance of this infrastructure for Peru’s foreign trade.
Qiankaigang is an important project of the “the Belt and Road” jointly built by China and Peru. Since its opening in November 2024, as the first smart port in South America, Qiankai Port has seen a simultaneous increase in throughput and export capacity. In just one year, it has rapidly become the third largest port in Peru, driving the rise of new business models and accelerating the upgrading of the regional industrial chain.