has reported that the value of Peru's metallic and non-metallic mining exports totaled US$3.427 billion last May —a 10.8% increase compared to 2022 (US$3.092 billion).
Meanwhile, the amount accumulated from January to May 2023 reached US$16.082 billion, a slight 0.6% contraction over the same period of the previous year (US$16.187 billion).
This is mentioned by Minem's Mining Statistical Bulletin (BEM) published monthly by the Mining Promotion Directorate. It reaffirmed that the mining subsector contributed 62.0% of total exports during the fifth month.
Within this framework, the main exported metals are copper, gold, zinc, and iron, which account for 54% of Peruvian exports and 87.1% of mining shipments.
Regarding metal mining exports, the BEM indicated that they totaled US$3.324 billion last May, which meant a 10.6% increase over the same month of the previous year (US$3.005 billion).
Among the metals with the highest export amounts is copper, which reached US$1.777 billion in May, experiencing an increase of 15.2% compared to the same period in 2022 (US$1.543 billion).
Furthermore, the accumulated value totaled US$8.299 billion, a positive variation of 3.8% over the same period of 2022 (US$7.992 billion).
It must be noted that copper is the main exported product, accounting for 32.0% of Peruvian exports.
Gold
In May, gold exports amounted to US$952 million, registering an increase of 17.9% compared to the similar period in 2022 (US$808 million).
Non-metallic mining exports
Finally, in May 2023, the value of non-metallic mining exports reached US$103 million, an increase of 18.1% compared to May 2022.
The main products that drove this growth were natural calcium phosphates, anthracites, and carboys.
During the accumulated January-May period, this segment experienced an increase of US$544 million, reflecting an expansion of 53.3% over the same period of 2022.