“Within 10 or 15 years, shipments to China will probably represent half of Peru’s agricultural exports”

Published 2024년 11월 18일

Tridge summary

In 2023, Peruvian agricultural exports to China, excluding Taiwan and Hong Kong, saw a 3% increase from the previous year, totaling around US$ 420 million. The main exports included blueberries, fresh grapes, fresh avocados, seaweed, and tara powder, among others. The Ministry of Agrarian Development and Irrigation (Midagri) anticipates that China will become the primary market for Peruvian agricultural exports in the future due to its large population and growing middle class. The integration of new products into the Chinese market, irrigation projects, and the operations of the Chancay port are expected to boost the competitiveness of Peruvian agricultural exports in Asia.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In 2023, Peruvian agricultural exports to China (not counting Taiwan and Hong Kong) reached around US$ 420 million, showing an increase of 3% compared to what was reported the previous year. The main agricultural products from Peru destined for the Asian giant in 2023 were blueberries (US$ 129.3 million), fresh grapes (US$ 75.3 million), fresh avocados (US$ 65 million), seaweed (US$ 42 million), tara powder (US$ 27.7 million), among 63 other products. The head of the Ministry of Agrarian Development and Irrigation (Midagri), Ángel Manero Campos, pointed out that today China participates with just under 5% of Peruvian agricultural exports (which in 2023 reached close to US$ 10.2 billion). However, he stressed that the integration with this country through the Asia Pacific Economic Cooperation Forum (APEC), the entry of new products into the Chinese market (both agricultural and livestock); the implementation of new irrigation projects (which will increase our agricultural ...

Source: Portaldelcampo