Peru
Press Release

Peruvian mining exports exceeded US$ 25,000 million between January and August

Bnamericas Published: Thursday, November 10, 2022
Peruvian mining exports exceeded US$ 25,000 million between January and August

Press release Ministry of Energy and Mines

This is an automated translation of the original press release issued in Spanish

Between January and August of this year, the accumulated number of mining exports from our country amounted to US$ 25,919 million, which constitutes an increase of 0.8% compared to the same time interval in the previous year and confirms the importance of mining in the country's trade balance, reported the Ministry of Energy and Mines (MINEM)

In the latest edition of the Mining Statistical Bulletin (BEM) published by the General Directorate for Mining Promotion and Sustainability (DGPSM) of MINEM, it is noted that, as of August, the mining subsector contributed 59.1% of Peru's total exports, where 57.6% corresponds to metallic products and the remaining 1.5% to non-metallic mining.

The main exported products are copper, gold, zinc and iron, which represent 88.4% of the total value of mining exports.

Copper was the mining product that registered the greatest increase in its exports between January and August, with an accumulated value of US$13,080 million, which meant an increase of 1.1% compared to what was accumulated in 2021 (US$12,936 million). .

In this way, copper remains the main exported product with a 29.8% share of total Peruvian exports, with China being the first export destination for the red metal, followed by Japan and South Korea.

Regarding the value of gold exports, between January and August this figure amounted to US$6,787 million, reflecting an increase of 5.2% compared to the same period in 2021, with India being the main trading partner, followed by Switzerland and Canada.

Finally, the value of zinc exports, between January and August, registers an accumulated amount of US$ 1,845 million, with an increase of 7.7% compared to what was registered the previous year. Spain is the first destination for zinc exports, followed by China and South Korea.

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