📋 Tender Overview
The value registered in Peruvian metallic and non-metallic mining exports was US$24,484 million in the period from January to July .
The Ministry of Energy and Mines (MINEM), through the Mining Statistical Bulletin (BEM), reported an increase in Peruvian metallic and non-metallic mining exports of US$ 3,492 million in July 2023, which represents an increase of 23.0% compared to what was reported in July 2022.
The Mining Statistical Bulletin (BEM) indicates that, as of July of this year, the registered value was US$ 24,484 million, showing a growth of 7.5% in relation to the same period of the previous year, due to the fall in inventories. in China, the main consumer of copper and zinc in our country.
With respect to metal mining exports, it is important to mention that, throughout this seventh month, they reached the figure of US$ 3,411 million, showing a variation of 24.5% compared to what was registered in July 2022, reflected in the higher volumes of copper (+31.6%), gold (+3.9%), refined silver (+31.2%), zinc (+27.3%) and iron (+16.2%).
These metals are those with the greatest international demand, as they are linked to the energy transition industries, representing 57.5% of total Peruvian exports and 87.9% of exports in the mining sector during 2023.
As of the seventh month of 2023, copper appears in first place in exports, representing 35.1% of the total and registering a total of US$ 1,934 million and a favorable variation of 44.6%, compared to the same month of the previous year.
On the other hand, the value of copper exports from January to July 2023 was US$ 13,133 million, showing an increase of 16.0% compared to the same period in 2022, with the first destination being China with 71.3%, then Japan with 7.3. % and South Korea with 4.1% of the total exported.
Regarding gold exports, in July 2023 they totaled US$ 873 million, presenting a growth of 16.7% compared to the same month of the previous year. In the seventh month of 2023; The first gold export destination is Canada with 26.6%, in second place was India with 23.0%, followed by Switzerland with 17.2% and the United States with 15.7% of the total exported.
