Peru: Mining exports grew 17% in 1H 2025

09:01 | Lima, Aug. 22.

Peru's mining exports during the first half of this year (January–June) totaled US$26.062 billion, a 17% increase compared to the same period in 2024 (US$22.255 billion), the National Society of Mining, Oil, and Energy (SNMPE) reported.

The mining and energy association specified that copper shipments reached US$12.283 billion from January to June 2025, representing a 10.2% increase compared to the US$11.142 billion reported in the first half last year.

Meanwhile, gold exports amounted to US$9.6 billion, marking a 41.3% increase over the US$6.795 billion recorded from January to June 2024.

The SNMPE explained that copper shipments accounted for 47.1% of Peru's mining products sold abroad from January to June 2025, while gold represented 36.8%.

Likewise, the association highlighted that mining exports growth from January to June is mainly due to the higher value of gold shipments (an additional US$2.805 billion) and copper (an additional US$1.141 billion) over the first half of 2024.

It added that mining exports accounted for 65% of Peru's total foreign sales from January to June this year.

Exports in June

Peru's mining exports in June 2025 reached US$4.432 billion, reflecting a 12% increase compared to the same month in 2024 (US$3.951 billion), the SNMPE specified.

The association also detailed that copper shipments totaled US$2.144 billion last June, representing a 3.3% increase over the same month in 2024 (US$2.075 billion).

The increase in copper exports recorded last June was supported by a 20% rise in price, despite a 14% decline in volume compared to the same month last year.

On the other hand, the SNMPE noted that gold shipments totaled US$1.713 billion in June 2025, representing a 47.9% increase over the same month in 2024 (US$1.158 billion).

Exports of this precious metal benefited from a 44% rise in its price and a 2.7% increase in volume compared to June 2024.

(END) NDP/MDV/MVB

Published: 8/22/2025
Most read