Peru: Mining exports up 16.6% in 1H 2025

13:56 | Lima, Oct. 2.

From January to June 2025, the value of mining products exported by Peru reached US$26.553 billion, exceeding by 16.6% the figures recorded in the first half of 2024, the Ministry of Energy and Mines (Minem) reported on Thursday.

The government agency noted that this reaffirms mining as a sector that supports foreign trade and has a strategic impact on the South American country's macroeconomic performance.

It stated that the first-half result was underpinned by the advance of orders in the metals market due to announcements of changes in tariff policies.

"In June 2025 alone, metallic and non-metallic exports' value totaled US$4.525 billion, representing a 12.3% increase compared to the same month in 2024," Minem noted.

This result was mainly due to higher international prices for minerals such as copper, gold, and zinc, driven by the recovery of demand in China and a favorable context for metals, it stated.

Minem pointed out that Peruvian mining plays an essential role as the country's main source of foreign currency within the transition process toward clean energy, 

Metallic and non-metallic minerals account for 66.3% of total Peruvian exports value.

Within this range of minerals shipped to the international market, copper, gold, zinc, and lead stand out, representing 91.3% of total mining exports value and 60.5% of Peruvian sales abroad.

Copper exports 

They recorded a 10.2% increase in the first half of 2025 compared to the same period in 2024, consolidating the red metal as the leading mining export product and representing a solid 30.7% of total Peruvian exports.

Gold exports

Accumulated gold shipments value from January to June 2025 showed a significant increase of 41.3% compared to the same period in 2024.

Zinc exports

They recorded a 16.4% increase in the first half of 2025 over the same period in 2024, driven by a more favorable outlook in the Chinese real estate and industrial markets.

(END) NDP/MVB

Published: 10/2/2025