Peruvian copper exports to China exceed total shipments to the United States: what other products are exported to the Asian giant?

The Ministry of Foreign Trade and Tourism (Mincetur) reported that Peruvian exports sent to China They exceeded US $ 25,000 million in 2024. In this way, the second economic power world exported products.

In addition, imports from Chinese goods also experienced positive performance last year, since they went from US $ 14,000 million. In general, Peru supplies raw materials and the minerals They are the main products. For its part, China offers manufactured goods such as technology, vehicles and clothing.

What were the main products that were exported to China?

The Ministry of Foreign Trade and Tourism stressed that the copper Peruvian is the main good that is exported to China, since it represents almost two thirds of shipments to the second economy of the world. Even the value of ‘red metal’ (US $ 16,789 million) exceeds the total value of Peruvian exports to USA (US $ 9.5 billion).

Product Worth Stake
Copper US $ 16,789 million 67%
Iron US $ 1,739 million 7%
Fishmeal US $ 1,408 million 6%
Silver concentrate US $ 1,235 million 5%
Gold US $ 885 million 4%

Mincetur also stressed that the fishmeal (US $ 1,408 million) is the only good that does not belong to the mining sector that is among the main products exported to China and that occupies third place on the list, only behind the shipments of iron (US $ 1,739 million).

What are the main products that were imported from China?

On the other hand, Mincetur reported that the main Chinese sales to Peru are final products, unlike raw materials or supplies that Peruvian exporters send. Thus, the assets of the field of Computer technology They led the list and, among them, cell phones (US $ 861 million) had a great participation, even above the value of imported vehicles (US $ 829 million).

Product Worth Stake
Computer technology US $ 2,040 million 14%
Cell phones US $ 861 million 6%
Steel products US $ 1,493 million 10%
Vehicles US $ 829 million 6%
Clothing US $ 651 million 4%

In turn, imports of Chinese products have increased in recent years, since these amounted to US $ 14,534 million in 2024. Three years ago, imports from China and the United States were around US $ 13,000 million, but purchases of goods From North America they fell to US $ 9,313 million.

The Chinese role in the export sectors of Peru

Mincetur added that China accumulated 49% of exports of products from the miningso it is well above other destinations such as India (10%) and Canada (7%). Another item with a strong Chinese demand is fishingwhere it also found 46%first. Finally, although China is a great supplier of textile goods For Peru, national exporters of this industry send 5% to the Asian giant.

Source: Larepublica

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