Peru: Copper exports exceeded US$11 bn between Jan-Sep 2018

09:24 | Lima, Nov. 23.

Peru's copper exports totaled US$11.086 billion between January and September 2018, thus increasing 13.5% compared to the same period last year (US$9.771 billion), privately-run National Society of Mining, Oil, and Energy (SNMPE) reported.

According to the guild, said shipments accounted for 30% of the Inca country's total exports (US$36.288 billion) in the nine-month period. 

Likewise, copper exports made up 52% of total mining shipments worth US$21.351 billion in the aforementioned period. 


SNMPE also indicated foreign sales of the metal reached US$1.090 billion in September, a 27% decrease compared to the same month in 2017 (US$1.501 billion). 

The main target markets for said exports were China, Japan, and South Korea.


On the other hand, gold exports amounted to US$5.995 billion between January and September 2018, thus dipping 0.8% over the same period last year (US$6.042 billion). 

In the ninth month, gold sales abroad totaled US$621 million. 

Furthermore, major export destinations were India, Switzerland, and the United States. 


Published: 11/23/2018
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