Economy 23-11-2018

Copper exports in Peru total $ 11,086 million between January and September

Copper exports in Peru totaled 11,086 million dollars between January and September of this year, according to the National Society of Mining, Petroleum and Energy (SNMPE), according to local press reports.

This amount represents a growth of 13.5% over the same period of 2017, in which copper exports amounted to 9,711 million dollars, according to the newspaper Gestión.

However, the SNMPE said that the movement registered only in September was 1,090 million dollars, which meant a decrease of 27% compared to the same month last year.

Copper is the main primary export of Peru and the SNMPE maintains that the mineral represented 30% of the country's total sales abroad to September, which totaled 36.2 million dollars.

On the other hand, gold exports totaled 5.6 million dollars in the first nine months of the year, which represented a drop of 0.8% compared to the same period of 2017.

Peru is the second largest copper producer in the world; In addition, it has 18% of the world's silver reserves and is the leading producer of gold, zinc and lead in Latin America.


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