Peru: Mineral and metal exports up 21.5% in 2025's first two months

Photo: Courtesy

Photo: Courtesy

10:11 | Lima, May. 23.

In the first two months of 2025, the value of mineral and metal exports from Peru exceeded US$8.072 billion, representing a 21.5% increase compared to the same period in 2024 (US$6.642 billion), according to the Mining Statistical Bulletin (BEM) of the Ministry of Energy and Mines' (MINEM) General Directorate of Mining Promotion and Sustainability (DGPSM).

Among the metallic mining products with the highest growth were silver (+48.5%), gold (+46.6%), molybdenum (+38.4%), tin (+29.7%), copper (+15.1%), and zinc (+14.2%).

It is worth noting that copper, gold, zinc, and lead stand out within the wide range of minerals exported to the international market, accounting for 89.7% of the total value of mining exports and 56.1% of the country's foreign trade.

Likewise, the value of mining products (both metallic and non-metallic) reached US$8.227 billion, exceeding by 20.8% the value recorded in the same period of 2024 (US$6.811 billion).

This growth was driven by higher metal prices in international markets and increased global demand for these resources, which boosted exports and strengthened the mining sector's recovery.

Minem's DGPSM, responsible for the report, stated that Peruvian mining exports —composed of metallic minerals (61.4%) and non-metallic minerals (1.2%)— accounted for 62.5% of Peru's total shipments to the international market.

These exports have established themselves as a key driver of the national economy and an essential factor for macroeconomic stability.

Minem indicated that mining activity remains one of the most important sectors for the national economy, serving as an ally of the Peruvian State by generating resources for regions and helping to close social gaps in health, education, connectivity, and basic services, especially in rural and high-Andean zones.

(END) NDP/CNA/MVB

Publicado: 23/5/2025