Value of mining exports fell 10.4% in September due to lower shipments to China, Japan and South Korea

Southern regions received more than S/ 5,077 million for canons and mining royalties until November
12 de enero de 2023
OGAKI – JAPAN SUMITOMO CORP PARTNERSHIP
13 de enero de 2023

Value of mining exports fell 10.4% in September due to lower shipments to China, Japan and South Korea

The value of mining exports (metallic and non-metallic) registered US$ 3,203 million in September, reflecting a 10.4% decrease compared to the same month of 2021, as a result of lower mineral shipments to China, Japan and South Korea. , reported the Ministry of Energy and Mines (Minem) through the Mining Statistical Bulletin (BEM).

Between January and September, the entity indicated that metallic and non-metallic mining exports registered US$ 28,889 million, showing a negative variation of 1.3% compared to the same period in 2021.

Likewise, the BEM specified that, in the ninth month of the year, the mining sector contributed with 58.8% of exports, distributed with 57.3% of metallic products and 1.4% of non-metallic products.

Copper, gold, zinc and iron are among the main exported products that represent 88.5% of the total value of mining exports and 52% of total national exports in the Peruvian trade balance.

Copper
Regarding the value of copper exports, Minen pointed out that in September it reported US$1,736 million, showing a slight negative variation of 6.3%, compared to the same period in 2021 (US$1,852 million).

While the accumulated value January-September registers US$ 14,562 million, a decrease of 1.5% in contrast to what was accumulated in 2021 (US$ 14,788 million).

Prayed
Meanwhile, the value of gold exports in September reached US$822 million and a negative variation of 14.2% compared to the same month of the previous year (US$958 million).

However, the accumulated value of gold exports as of September totaled US$7,621 million, showing an increase of 2.8% compared to the same period in 2021 (US$7,412 million).

Zinc
The value of zinc exports registered US$234 million, reflecting a month-on-month increase of 26.2% and year-on-year growth of 21.5%.

Consequently, the corresponding result in the first nine months of the year amounted to US$ 2,062 million with a growth of 8.2% compared to the previous year (US$ 1,906 million).

Peru Royal Mining SAC
Peru Royal Mining SAC
Peru Royal Mining SAC is a professional company dedicated to Peru iron ore and coal mine project development, project investment and ore international trade. The company was established in Lima, the capital of Peru, at the end of 2020. At present, the company has established mineral product sales teams in Ningbo, Zhejiang, China, and Qingdao, Shandong, and has established good cooperative relations with many large steel companies and traders in China.

Deja una respuesta

Tu dirección de correo electrónico no será publicada. Los campos obligatorios están marcados con *

Do you have any questions?
info@peruroyal.com

Whatsapp: +51 964 476 802
Mon to Sat 9am to 6pm

Av Rivera Navarrete 395 Of 1802,
San Isidro - Lima

secure website

copyright © 2023 peru royal mining sac | web design

follow us