PERU ECONOMY

Peru’s mining exports grew 67.6% from January to September 2021 | News

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Peru’s mining exports grew 67.6% from January to September 2021 | News

Peru’s mining exports reached 29.091 million dollars from January to September 2021, an amount 67.6% higher than the same period last year (17.360 million), the National Society of Mining, Oil and Energy (SNMPE) indicated today.

In this context, he explained that mining exports from January to September 2021 ($ 29.091 million), are even higher than that of the prepandemic stage, since when compared to the similar period of 2019 ($ 20.727 million), they register a 40.4% increase.

The mining and energy union indicated that copper exports between January and September 2021 amounted to 14,951 million dollars, which meant an increase of 76.8% compared to the same period in 2020 (8,458 million dollars).

On the other hand, gold exports amounted to 7.528 million dollars in the January-September period of this year, an amount higher by 38.1% in relation to the same period of 2020 (5.452 million dollars).

September performance

The National Society of Mining, Oil and Energy (SNMPE) cited that, in the month of September 2021, mining exports amounted to 3,536 million dollars, an amount that represented a growth of 33.4% in relation to the same month of 2020 (2,651 million of dollars).

Likewise, he stated that copper exports last September reached 1,820 million dollars, which meant an increase of 24.1% compared to the same month in 2020 (1,466 million dollars).

The business union pointed out that copper exports benefited from the increase in the price of copper by 31.5%, despite the fact that the volume of shipments abroad registered a contraction of 5.6% in relation to September 2020.

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For its part, gold exports in September 2021 reached 946 million dollars, a figure that represented an increase of 36.3% compared to the same month last year (694 million dollars).

“Exports of this precious metal were favored by the 47.4% increase in the volume of shipments abroad, despite the fact that the price of gold registered a 7.5% drop compared to September 2020,” said SNMPE.

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(END) NDP / MDV

Posted on: 11/8/2021



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