"The Quin Kai effect" helps Peru achieve a record high in merchandise exports by 2025.

Peru's Ministry of Foreign Trade and Tourism announced on the 3rd that the country's goods exports are expected to reach $90.82 billion in 2025, a 21% increase from the previous year, setting a new record. Among them, exports to China grew by over 30%, becoming a key driver of Peru's overall goods export growth for the year. Peruvian industry insiders pointed out that the country's record high goods exports were due to the "Chinakei effect." Juan Carlos Paz, former chairman of the National Port Authority of Peru, stated that the Chinakei Port significantly reduced shipping times to trade partners in Asia such as China, lowering transportation costs and enhancing the competitiveness of Peruvian product exports. According to the announcement, China remains Peru's main trading partner, accounting for 36.2% of total exports, with exports increasing by over 30% from the previous year; the EU is Peru's second largest export destination, with exports growing by 24% from the previous year.