Mining sales in Peru soar by 55% until August and reach 51.364 billion euros

Mining exports from Peru grew by 55% until August, driven by copper and gold, and now account for more than 74% of shipments abroad.

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The exports of the mining sector of Peru reached a total of 57.492 billion dollars (51.364 billion euros) between January and August, which represents a year-on-year increase of 55% compared to the same period of the previous year, according to the data published in the Monthly Statistical Bulletin of the Ministry of Energy and Mines (Minem).

The strong growth of shipments abroad was supported, above all, by the better performance of copper sales, which rose to 9.388 billion dollars (8.387 billion euros), as well as by the increase in the exported value of gold, which stood at 7.938 billion dollars (7.092 billion euros), and by the rebound in lead exports, which totaled 2.019 billion dollars (1.804 billion euros).

The Minem document details that mining exports represented 74.3% of the total shipments of Peru to the international market. Within this block, copper accounted for 46.1% of the exported value, gold contributed 37.6%, while zinc made up 3.3%, iron 2.1%, and the rest of the minerals 10.8% of the total.

Regarding the monthly behavior, only in August did mining exports amount to 7.858 billion dollars (7.020 billion euros), which corresponds to an increase of 52.1% compared to the same month of the previous year. This advance was mainly contributed by copper, which generated an additional 1.321 billion dollars (1.180 billion euros), and gold, with 1.004 billion dollars (897 million euros) more than a year earlier.

In parallel, the report notes that six of the main metals showed declines in their production compared to August 2025: zinc fell by 28.1%, gold by 12.8%, silver by 10.4%, tin by 6.9%, and lead by 3.8%. In contrast, molybdenum recorded an increase of 12.5% and iron grew by 9.2% in the same period. As a result of this evolution, the mining GDP experienced a decline of 1.2% in August.