totaled US$8.482 billion from January to December 2019, a 2.7% increase over a similar period in 2018, the National Society of Mining, Oil, and Energy (SNMPE) has reported.
The main target markets for such exports were Switzerland, Canada, and India.
Likewise, the business guild indicated that said shipments last December totaled US$605 million —an 11.3% decrease compared to the same month in 2018.
Copper
The guild noted that
copper shipments (US$13.893 billion) accounted for 29% of Peru's total exports that reached US$47.688 billion in 2019.
Furthermore, it explained that said exports accounted for 49% of mining exports, which stood at US$28.074 billion at the end of last year.
The SNMPE also indicated that red metal exports showed a significant recovery in December 2019, thus reaching US$1.628 billion (+16.1%).
The main destination markets for
copper exports were China, Japan, and South Korea.
Total mining shipments
Lastly, the National Society of Mining, Oil, and Energy explained that
mining exports in 2019 amounted to US$28.074 billion, a figure that represented a 2.9% decline compared to 2018.
The decrease in
mining exports value in 2019 was due to the reduction in metal prices, as well as to lower export and production volumes.
(END) NDP/MVB