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).
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.