Trade between Peru and China rose more than 30% in the first half of 2017.
The Ministry of Foreign Trade and Tourism reports that trade has continued to grow between Peru and China, according to Andina.
In the first 6 months of 2017, trade grew by 30.3% compared to the same period last year. Peruvian exports reached a total of US$ 5.458 billion while imports stood at $4.128 billion.
Oil and Natural Gas, Fishery, and Agricultural sectors of the economy were the areas that contributed most to the trade growth between the 2 countries.
Peru and China also seek to fortify cultural bonds after 45 years of diplomatic ties. Most recently, a meeting of representatives from Latin America’s Confucius Institutes met in Peru to plan their growth over the coming years. On many levels, these 2 millenary civilizations are strengthening their ties.
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