The director of the Peruvian Chamber of China Commerce (Capechi), Miguel Galvez Escobar, stated that the Peruvian agricultural companies who export to China have a high rate of defection because they don’t continue doing business there…Full Article: Fresh Plaza Apr 2017

Key Point

  • From 2010 to 2016, the number of Peruvian companies exporting to China had an annual drop-out rate of 38%. Over that same time period, only 37% (i.e. 27 out of 73) of the original 2010 exporting companies were exporting in 2016.

ChinaAg Comments

  • In December 2016, Bank of China (BOC) opened its first office in Peru.
  • In early November 2016, Peru’s SENASA and China’s AQSIQ signed an agreement on the exportation of blueberries to the mainland. Later in the month, Peruvian blueberries and mangoes (as well as avocados, asparagus, grapes) were exported via a Lima-Shanghai China Eastern Airlines cargo flight during the 24th Asia-Pacific Economic Cooperation forum.
  • In April 2016, Peru exported (by air freight) fresh asparagus for the first time to mainland China. The asparagus was sold by the Citysuper supermarket chain in Shanghai.
  • In February 2016, Peru’s Embassy in Beijing held a mango fruit promotional event.
  • In 2015, according to Peru’s ADEX, Peru exported nearly US$242 million worth of food products to China. These exports included the ‘pota’ squid (aka the Humboldt squid), grapes, seaweed, crustaceans, flour, trout, fish liver, maca (a root vegetable), maca flour, tangerines and white corn.
  • In 2013, China and Peru signed a phytosanitary agreement that paved the way for Peruvian asparagus exports.
  • In April 2009, China and Peru signed a Free Trade Agreement (FTA) in Beijing. In March 2010, the China-Peru Free Trade Agreement came into effect.
  • Founded in 2001 and headquartered in Lima, Cámara de Comercio Peruano China (CAPECHI) is an industry association that seeks to promote trade with China. As of 2016, approximately 300 businesses were represented by the Peru-China Chamber of Commerce (CAPECHI). Peru’s Private Investment Promotion Agency, Proinversión Institucional, is also working towards increasing trade with China.

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