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Trade between Peru & China Increased by 4% in 2016

The Peruvian Chamber of Commerce (CCL) has reported that trade between Peru and China increased by 4% in 2016, $16.7million in numbers.

Carlos Posada, Executive Director of the CCL’s Institute for Foreign Trade Research and Development explained, “The increase is due to the better performance of total exports that reached US $ 8,4 million, 14% more than in 2015, due to a higher contribution from traditional shipments, mainly from the mining sector”.

According to the CCL, in 2016 traditional shipments to China totalled $8,2million in 2016, an increase of 14.5% from 2015; the main exports being copper, iron, gold, molybdenum, and tin.