Peru's traditional exports totaled US$2.855 billion in January 2018, up by 22.8% compared to the same month last year, Central Reserve Bank (BCR) reported.
Said result was mainly due to higher sales of copper
, oil derivatives and zinc.
In the analyzed month, the average price of traditional products rose 21.4% supported by an increase in the prices of copper
(+29.3%), gold (+11.7%), zinc (+44.2%), crude oil and derivatives (+29%).
Likewise, the shipped volume of traditional products grew 1.2% mostly explained by higher sales of copper
(+10%), coffee (+12%), as well as crude oil and derivatives (+17.4%).
Copper and gold exports
The shipped volume of copper amounted to 202,000 tons, a 7.6% increase over the same month in 2017.
Moreover, the exported volume of gold reached 522,000 troy ounces, a 10% rise compared to the same period the previous year.
Higher shipments of concentrated copper were made by mining companies such as Antamina (+31.9%), Las Bambas (+0.4%), Antapaccay (+53.7%), Constancia (+208.8%) and Trafigura (+430.9%).
Finally, higher gold shipments by Buenaventura (+53.8%), Aurifera Retamas (+36.3%), trading companies (+16.2%) and Yanacocha (+6.3%) were also recorded in January.