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New sea link drives over 50 pct growth in Shanghai's trade with Peru Release date: 2025-10-21    Source:Xinhua

The "Chancay-Shanghai" shipping route handled 154,000 tonnes of import and export cargo valued at 3.97 billion yuan (about 559.37 million U.S. dollars) during the first three quarters of this year, fueling a 56.9 percent year-on-year surge in Shanghai's trade with Peru to 13.42 billion yuan, according to Shanghai Customs on Monday.

Compared with the first half of 2025, when the route transported 78,000 tonnes of goods worth 1.72 billion yuan, the latest figures point to accelerated growth, cementing the route as a "new bridge" for trade between China and Peru.

Recently, the first shipment of exhibits for the upcoming 8th China International Import Expo arrived at Shanghai's Yangshan Port, having been transported from Peru's Chancay Port. The consignment consists of 764 items, including alpaca dolls and pottery crafts. Notably, this marks the first time that expo goods have been transported via this shipping route since the launch of the new land-sea corridor across the Pacific, which connects Latin America with Asia, in late 2024.

Chancay Port, a deep-water hub and South America's first smart and green port, is a flagship Belt and Road cooperation project between China and Peru, which has shortened the sea voyage between the two countries from more than a month to around 23 days, while cutting shipping costs by at least 20 percent.

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DISCLAIMER

The China International Import Expo Bureau (hereinafter referred to as the "CIIE Bureau") cites or reposts media reports for non-commercial purposes to facilitate information sharing. Such actions do not constitute an endorsement of the accuracy, authenticity, or legality of the original content, nor do they reflect the official stance of the CIIE Bureau. All copyrights and legal responsibilities for the reposted content remain with the original publishers and authors.

If any individual or entity believes that content shared on this website infringes their legitimate rights and interests, please promptly notify us in writing, providing detailed explanations, supporting documentation, and rationale. Upon receiving such materials, we will promptly remove or rectify the disputed content or take other appropriate measures.

Reposted or cited information may be time-sensitive. Users are advised to exercise independent judgment regarding the accuracy and completeness of the content. The CIIE Bureau shall not be liable for any direct, indirect, incidental, consequential, special, punitive, or exemplary damages arising from the use of or inability to use the information or links provided on this website.。

The CIIE Bureau respects intellectual property rights and is committed to delivering high-quality content services within a lawful and compliant framework.