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Peru: Copper exports up 38.54% in Jan-Nov 2017

Exports. Photo: ANDINA/ Archive.

Exports. Photo: ANDINA/ Archive.

09:00 | Lima, Jan. 22.

Peruvian copper exports totaled US$12.399 billion between January and November 2017, a 38.54% increase from the same period the previous year, the Exports and Tourism Promotion Board (PromPeru) reported.

It must be noted Peru's traditional mining exports expanded 25.95% by climbing from US$18.774 billion (Jan-Nov 2016) to US$23.645 billion (Jan-Nov 2017).

Markets

According to PromPeru, top Peruvian copper destinations were China, Japan, and South Korea.

In this sense, copper sales to China reached US$7.363 billion in the January-November period, up by 34.20% over the same term in 2016 (US$5.487 billion).

Likewise, copper shipments to Japan rose 60.57%, going from US$675.276 million (Jan-Nov 2016) to US$1.084 billion (Jan-Nov 2017).

Lastly, copper exports to South Korea amounted to US$757.928 million between January and November 2017, a 124.55% expansion compared to the same term the previous year (US$337.540 million).

Other markets for Peruvian copper exports included India (+52.99%), Germany (+41.62%), Spain (+76.50%), Italy (+22.09%), and Brazil (+10.39%). 

It is worth mentioning copper shipments accounted for 31.27% of the country's total exports in the analyzed period.

(END) JAA/MVB

Published: 1/22/2018
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