Peru is the main supplier of avocado to China

Published Sep 10, 2020

Tridge summary

Peru's ambassador to China, Luis Quesada, stated that economic relations between Peru and China will continue to deepen despite the effects of Covid-19. Trade with China, which grew for the tenth consecutive year in 2019, is Peru's main source of imports and the main destination for its exports. The demand for goods with higher added value will continue to grow, led by fishery products and agro-exports, which reached a historical record of US $ 176 million in 2019. The process of optimizing the Free Trade Agreement (FTA) between Peru and China is also underway, with the inclusion of new topics such as competition policies, electronic commerce, and the global supply chain. In the post-pandemic stage, Peru is encouraged to develop strategies to promote products, services, and attract investment using technology.

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Original content

(Agraria.pe) Peru's ambassador to China, Luis Quesada, assured that economic relations between the two countries will continue to deepen. He indicated that although China has been recovering from the effects of Covid-19, the consequences on its economy in the short term will have an impact on traditional imports, but the demand for goods with higher added value will continue to grow. He explained that China is our main partner (26.9% of our total trade) and the main destination of our exports (29%). In 2019, trade with China grew for the tenth consecutive year (2% compared to 2018, exceeding US $ 23,000 million, with a surplus for Peru). Peruvian exports are mainly concentrated in minerals such as copper, iron, lead, zinc, gold, among others, which represent 86% of the total; and fishery products (11% of the total). Luis Quesada said that agro-exports also grew and reported a historical record of US $ 176 million in 2019, led by fruit that grew by 30%, including blueberries (which ...

Source: Agraria