📋 Tender Overview
The Ministry of Energy and Mines (MINEM), through the Mining Statistical Bulletin (BEM), reported an increase in Peruvian metallic and non-metallic mining exports of US$ 3693 million in the month of August, which represents an increase of 13.0% compared to the same month in 2022.
Likewise, the BEM indicates that, in the period between January and August, the registered value of mining exports was US$ 28,256 million, showing a growth of 8.5% in relation to the same period of the previous year.
As of August 2023, mining managed to concentrate 65.7% of total exports, comprising metallic minerals with 97.2% and non-metallic minerals with 2.8%.
Regarding metallic mining exports, it is important to mention that, as of the eighth month of the year, Peru reached the figure of US$ 3620 million, showing a positive year-on-year variation of 14.2%.
These metals are the most in demand internationally, as they are linked to clean energies. Thus, copper, gold, zinc and lead accounted for 57.8% of the national value exported and 88.0% of the total value of mining exports.
In reference to non-metallic mining exports, their value increased to US$ 805 million as of August, with a growth of 22.9% compared to the same period in 2022.
A positive year-on-year variation of 23.3% was evidenced in copper exports, in August 2023, with an amount of US$ 2085 million, being the main exported product and constituting 35.5% of total Peruvian exports.
The value of copper exports from January to August was US$ 15,247 million, showing an increase of 17.1% compared to the same period in 2022, with China being the first destination with 71.9%, then Japan with 6.6% and finally South Korea with 4.2% of the total exported.
As for gold exports, in August 2023, they totaled US$ 910 million, presenting a growth of 8.1% in reference to the same month of the previous year, with the first destination being Canada with 26.2%, then India with 24.3% and finally, Switzerland with 17.6%.
