Peru: Mining exports up 23% between Jan and Apr 2025

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08:34 | Lima, Jun. 25.

Mining exports between January and April of this year totaled US$17.211 billion, marking a 23% growth compared to the same period of 2024 (US$14.027 billion), the National Society of Mining, Oil, and Energy (SNMPE) reported.

The mining-energy association specified that copper shipments amounted to US$8.113 billion during this period, a 15.5% increase in comparison with the US$7.022 billion reported in the first four months of 2024.

Meanwhile, gold exports in the first four months of 2025 totaled US$6.272 billion, representing a 44.7% growth compared to the US$4.336 billion recorded from January to April of last year.

The SNMPE explained that, in the January to April 2025 period, copper shipments accounted for 47% of mining products sold abroad, while gold represented 36%.

Likewise, it indicated that mining exports accounted for 65% of Peru's sales abroad during the first four months of the year.

April exports

Peruvian mining exports in April 2025 alone totaled US$3.728 billion, reflecting a 6.3% increase compared to the same month in 2024 (US$3.508 billion), the SNMPE reported.

It detailed that copper shipments reached US$1.573 billion last April, a figure that meant a 4.9% decrease over the same month of 2024 (US$1.655 billion).

The contraction in copper exports recorded in April was due to a 13.3% drop in volume, despite a 9.7% increase in the metal's price compared to the same month last year.

Meanwhile, it reported that gold exports totaled US$1.535 billion in April 2025, representing a 25% increase over the same month in 2024 (US$1.228 billion).

Exports of this precious metal benefited from a 38.3% increase in its price, despite a 9.6% drop in volume compared to April 2024.

(END) NDP/SDD/MVB

Published: 6/25/2025

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Peru: Mining exports up 23% between Jan and Apr 2025

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