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Peru Mining Exports Hit $48.8 Billion Through October on Price Gains and Higher Copper Volumes

Higher metal prices plus larger copper shipments powered the surge.

Overview

  • SNMPE reported US$48.8 billion in mining exports from January to October 2025, an increase of 25.3% year over year.
  • Copper exports reached US$22.466 billion (+18.3%) and gold totaled US$17.971 billion (+43.2%) over the ten-month period.
  • The mining sector accounted for 66% of Peru’s total export sales in the first ten months of 2025.
  • October mining exports rose to US$6.497 billion (+68.1% y/y), with copper at US$3.107 billion (+81.4%) driven by a 28.9% price rise and 40.7% higher volumes.
  • October gold exports were US$2.227 billion (+47.1%) as prices jumped 50.8% despite a 2.4% drop in volume, with year-to-date value gains led by about US$5.442 billion more in gold and US$3.477 billion more in copper.