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Peru: Gold exports totaled US$6.446 bn in Jan-Nov 2017

13:35 | Lima, Jan. 22.

Peru's gold exports totaled US$6.446 billion between January and November 2017, up by 6.7% over the same period the previous year, the Exports and Tourism Promotion Board (PromPeru) reported.

It must be noted Peru's traditional mining shipments 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 gold destinations were India and the United Arab Emirates.

Thus, gold sales to India reached US$1.212 billion in the January-November period, a 216.21% expansion from the similar term in 2016 (US$383.421 million).

Likewise, gold shipments to the United Arab Emirates increased 37.76% from US$407.476 million (Jan-Nov 2016) to US$561.352 million (Jan-Nov 2017).

More markets

In the analyzed period, Peruvian gold sales to the United States amounted to US$1.621 billion, a 2.56% rise from the same term in 2016 (US$1.581 billion).

Other markets for Peruvian gold exports included China (+52.29%) and South Africa (+1.98%).

It is worth mentioning gold shipments accounted for 16.26% of the country's total exports in the analyzed period.

(END) NDP/JAA/MVB


Published: 1/22/2018
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