Peru's mineral exports to grow by 51.6% in 2021

March 4, 2022

According to the BNAmericas website, data from Peru’s National Association of Mining, Petroleum and Energy (SNMPE) show that Peru’s mineral exports in 2021 will be worth US$39.637 billion, an increase of 51.6% from US$26.146 billion in 2020, compared with 283.36 in 2019 before the epidemic. billion, an increase of 39.9%.
Among them, the copper export value in 2021 will be 20.698 billion US dollars, an increase of 58.7% compared with 2020's 13.039 billion US dollars; the gold export value will be 10.121 billion US dollars, an increase of 28.6% compared with 2020's 7.868 billion US dollars.
In December, Peru's mineral exports were US$3.584 billion, an increase of 15.1% from US$3.115 billion in the same period last year. Among them, copper exports were US$1.996 billion, an increase of 27.6% compared with US$1.565 billion in the same period in 2020; the increase in copper exports was mainly due to an 18.5% increase in copper prices and a 7.6% increase in copper exports during this period. Gold exports were $846 million, down 1.8% from $862 million a year earlier; the decline was mainly due to a 3.9% year-on-year decline in gold prices, despite a 2.2% increase in export volumes.

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