Andina

Copper becomes Peru's main export product in Jan-May 2017

Cobre

Cobre

03:00 | Lima, Jul. 26.

Copper was Peru's dominant export product in the first five-month period of 2017, amounting to US$5.010 billion in sales and accounting for 30% of total shipments, National Society of Mining, Oil and Energy (SNMPE) reported.

Between January and May this year, the value of Peru's exports stood at US$16.743 billion.

Also, sales of copper, gold and zinc added up to US$8.773 billion, making up 52% of the total.

On the other hand, sales of US$5.010 billion represented a 38.1% increase compared to Jan-May 2016 (US$3.628 billion).

Major markets for Peruvian copper exports were China, Japan, South Korea, India, among others.

Gold

According to SNMPE, gold shipments rose to US$2.910 billion, up 6% from a similar period last year (US$2.810 billion).

Switzerland, the United States, India and Canada were the main markets for such sales.

Zinc

Zinc shipments, on the other hand, amounted to US$853 million, recording a growth of 70.4% over the same period a year before (US$501 million).

The largest export markets for Peruvian zinc included China, South Korea, Spain, Brazil and Spain. 

(END) MDV/RMB/MVB

Published: 7/26/2017
Most read