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A reported blog on happenings around Latin America.

China to knock off US as Peru's top trading partner

Trade between China and Peru is expected to exceed $13 billion this year.
Peru copper miningEnlarge
Mining waste in Morococha, Peru. (Eitan Abramovich/AFP/Getty Images)

China is set to replace the United States as Peru's biggest trade partner.

In the first seven months of the year, Peru's exports to China grew by 30 percent, reported state news agency Andina.

The Chinese demand for raw materials — including copper, zinc and lead — fuels much of the demand for Peruvian products.

But Jorge Chian, the economic and trade adviser at Peru’s Embassy in Beijing, said Peru is also exporting non-traditional products, such as fishmeal and natural dyes.

Trade between the two countries to expected to grow to more than $13 billion dollars, the news agency reported.

Read more on the growing Chinese presence in Latin America:

Follow Stephanie on Twitter: @stephaniegarlow

http://www.globalpost.com/dispatches/globalpost-blogs/que-pasa/peru-china-trade-latin-america

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