INSUBCONTINENT EXCLUSIVE:
to official Chinese sources.This new shipping lane reduces transit time to about 30 days and cuts logistics costs by roughly 20 percent
The route aims to strengthen commercial ties between China and Latin America.This comes as China pursues more reliable access to South
American markets amid ongoing trade disputes with the United States
coast, thanks to a deep-water draft and modern automation
berths and a 1,500-meter pier, Chancay can process up to one million TEUs annually
Shipping Route to Peru Redraws Pacific Trade Map
exports-ranging from electronics and appliances to furniture and toys-to reach Latin American markets faster and at lower cost
On the return leg, high-value Peruvian products like seafood, fruit, and Andean wine can enter China more quickly.Chinese officials describe
However, for Peru, the port promises $4.5 billion in annual revenue and over 8,000 new jobs, bolstering its economy and export capacity.This
direct shipping route bypasses traditional bottlenecks like the Panama Canal and North American ports
It marks a shift in Pacific trade patterns, giving China and Latin America a more efficient way to exchange goods and resources.
