📋 Tender Overview
Peruvian mining exports have been experiencing a good moment of activity, in October 2023 the value of metallic and non-metallic exports totaled US$ 3,519 million, an increase of 12.8% compared to the same month of 2022 (US$ 3,120 million), due to the growing demand driven by the manufacture of components of renewable technologies.
Likewise, the value of metals accumulated between the months of January and October registered US$ 35,887 million, an amount 10.1% higher than in the same period of 2022 (US$ 32,607 million), according to figures from the latest edition of the Mining Statistical Bulletin (BEM) of the Ministry of Energy and Mines (MINEM).
Mining activity plays a fundamental role in our economy as it is the main generator of foreign currency in the country, with exports of metallic minerals where copper, gold, zinc and lead stand out, and represent 88.1% of total mining exports and 57.8% of national exports, according to the BEM.
Regarding copper exports in October 2023, it totaled US$ 1,925 million, with an increase of 27.7% compared to the same month in 2022, thanks to the increase in the international price and the volume shipped.
Meanwhile, accumulated exports from January to October increased to US$ 19,496 million, 19.1% more compared to the same period in 2022, where China was the main destination for red mineral in the international market.
As for gold exports, in October they amounted to US$ 956 million, representing an improvement of 11.2% compared to the same month in 2022. The cumulative value of exports between January and October totaled US$ 8,672 million, with an expansion of 1.5% compared to the same period in 2022, with Canada being the main trading partner in this area.
Finally, in terms of non-metallic mining exports, accumulated exports as of the tenth month of the year (US$ 997 million) reflected an increase of 15.9% in contrast to the same period in 2022.
