Nontraditional agricultural exports from Peru to China grew 64%

Non-traditional agricultural exports from Peru to China comes to a total of $ 60 million between January and August 2014, which shows an increase of 64 percent over the same period last year, The report came from the Foreign Trade Society of Peru (ComexPerú).

This figure is close to that recorded around 2012, when the export shipments of the non traditional agriculture products to China totaled $ 67 million.

Items boosted export shipments of this sub sector between January and August of 2013 are fresh grapes with $ 28 million and a growth of 154 percent over the same period in 2012.

Also, algae, which recorded an export value of $ 23 million, up 38 percent; tara powder, an amount exported six million (41 percent), and the giant white corn, with shipments 336.064 (60 percent).
The agricultural sub-sector showed a remarkable dynamism in the period 2006 to 20012 to grow at an average rate of 56 percent per year, driven by the preferences obtained through the Free Trade Agreement (FTA) between Peru and China.

ComexPerú said that in the period from January to August 2013, non-traditional Peruvian exports to China totaled 247 million showing an increase of 20 percent.
Trade with China in 2012 reached 15.683 million dollars, making China the largest trading partner of Peru.

Meanwhile, traditional Peruvian exports totaled 7.849 million dollars last year.