Peru: Mining exports rose 59% in first two months of 2026

10:50 | Lima, Apr. 29.

Peru's mining exports totaled US$13.831 billion in the first two months of the year (January–February), marking a 59% increase compared to the same period in 2025 (US$8.7 billion), the National Society of Mining, Oil, and Energy (SNMPE) reported.

The association explained that the rise was mainly driven by higher export values for gold (+US$2.222 billion), copper (+US$2.219 billion), and lead (+US$441 million).

The mining and energy guild noted that copper shipments reached US$6.384 billion in the January–February period, a 53.3% increase compared to the first two months of 2025 (US$4.166 billion).

Gold shipments totaled US$5.231 billion over the same period, up 73.8% from the first two months of last year (US$3.01 billion).

The SNMPE indicated that, during the first two months of the year, copper accounted for 46.2% of total mining export value, while gold represented 37.8%.

"Mining exports accounted for 74% of Peru’s total overseas shipments between January and February," the business association underscored.

February 2026

The SNMPE reported that mining exports reached US$6.703 billion in February 2026, reflecting a 62% increase from a year earlier (US$4.14 billion).

Copper shipments amounted to US$3.032 billion in the second month of 2026, marking a 58.9% rise compared to the same month in 2025 (US$1.908 billion).

The increase in copper exports was driven by a 3.6% rise in volume and a 53.4% increase in price compared to February 2025.

Gold shipments reached US$2.565 billion in February 2026, up 76.9% from the equivalent month in 2025 (US$1.45 billion).

"Exports of this precious metal were supported by a 2.1% increase in volume and a 73.3% rise in price compared to the same month in 2025," SNMPE stated.

(END) NDP/MDV/MVB

Published: 4/29/2026