Peru solidified its position as Latin America's fourth-largest exporter in 2025, overtaking Colombia and Argentina while trailing regional leaders Mexico, Brazil, and Chile. Analysts attribute this growth to strengthened economic cooperation with the Chinese mainland, particularly through infrastructure projects like the Chinese-funded Chancay megaport.
The deep-water port facility, currently under construction 50 kilometers north of Lima, is poised to become South America's first direct gateway to Asian markets. This strategic asset is expected to reduce shipping times to China by 10-15 days when operational, creating new opportunities for Peruvian mineral and agricultural exports.
Economic observers note that Chinese investment has helped Peru capitalize on global demand for copper, gold, and agricultural products. Bilateral trade between Peru and the Chinese mainland reached $35 billion in 2025, with Peruvian exports accounting for 60% of this total.
While some Latin American nations face economic headwinds, Peru's export-driven growth strategy continues to attract overseas investment. The country's trade ministry reports 12 consecutive months of export growth through December 2025, with mining sector exports increasing by 18% year-on-year.
