Andina

Peru: Mining exports totaled US$3.989 billion in Jan 2025

Photo: ANDINA/Archive

09:30 | Lima, Mar. 26.

Peruvian mining exports in January 2025 totaled US$3.989 billion, a 28% increase compared to the same month in 2024 (US$3.110 billion), the National Society of Mining, Oil, and Energy (SNMPE) reported.

The guild highlighted that the increase in mining exports in the first month of this year was driven by higher export values of gold (+US$453 million), copper (+US$399 million), and zinc (+US$62 million) due to greater export volumes and higher prices.

In this regard, the association emphasized that mining shipments accounted for 60% of Peru's total exports in the first month of 2025.

The SNMPE reported that copper exports totaled US$1.839 billion last January, marking a 27.7% increase over the same month in 2024 (US$1.440 billion).

The growth in copper shipments recorded last January was driven by a 16.8% increase in volume and a 9.3% rise in the metal's price compared to the same month the previous year, it explained.

The business guild reported that gold exports reached US$1.475 billion in January 2025, representing a 44.4% increase over the same month in 2024 (US$1.022 billion).

Gold exports benefited from a 10.9% increase in volume and a 30.2% rise in its price compared to January 2024.

Lastly, the SNMPE stated that copper accounted for 46% of the value of mining exports in January, while gold represented 37% and zinc 5%.

(END) NDP/MDV/MVB

Published: 3/26/2025