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Peru: Mineral exports totaled US$14.691 billion in 1H 2018

10:35 | Lima, Aug. 13.

Peru's mining exports —in the first half of 2018— totaled US$14.691 billion, up by 18.3% compared to the similar period last year (US$12.418 billion), privately-run National Society of Mining, Oil, and Energy (SNMPE) reported.

Together, copper and gold shipments reached US$11.968 billion. This figure represented 48.1% of Peru's total exports (US$24.309 billion) registered in the first half of the present year. 

Copper exports amounted to US$7.696 billion, a 23.2% increase from the similar term in 2017 (US$6.247 billion). 

Furthermore, top Peruvian copper destinations were: China (61%), Japan (9%), South Korea (7%), Germany (4%), and Brazil (3%).

Regarding gold shipments, these totaled US$4.002 billion over Jan-Jun of this year, thus expanding 6.8% over the same period in 2017 (US$3.748 billion).

Main gold destinations were: India (31%), Switzerland (29%), the United States (27%), Canada (5%), and the United Kingdom (3%).

June exports

Likewise, SNMPE pointed out last June, Peruvian mining exports reached US$2.652 billion, a 13% rise compared to the same month in 2017 (US$2.347 billion).

This rise was mainly due to the export value increase of copper, molybdenum, and zinc. 

(END) MDV/DTK/MVB


Published: 8/13/2018
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