Peru Mining Exports Rise in First Quarter 2025

Peru Mining

Strong Growth in Gold, Copper, and Other Metals

Peru’s mining exports increased significantly in the first quarter of 2025, reflecting strong global demand for metals. According to the energy and mines ministry (Minem), gold exports surged 52.4pc, while tin rose 46.5pc, zinc gained 33.8pc, silver expanded 31.2pc, and copper climbed 21.8pc. These metals remain essential for construction, electronics, and renewable energy technologies, supporting their robust global demand.

The value of exported mining products reached $13.7bn during the period, up 27.3pc from last year. Metallic mineral exports represented $13.5bn of the total, a 28.2pc year-on-year increase. Mining exports now account for 66pc of Peru’s overall export value, underscoring the sector’s dominance in the national economy.

Copper Production and Investment Outlook

Copper production in Peru is projected to reach 2.8mn t in 2025, up from 2.7mn t last year. The country’s copper exports primarily go to Italy, China, the US, and Brazil, highlighting its central role in global supply chains. Mining investment surpassed $1.4bn between January and April 2025, representing a 7.3pc increase, with a planned $4.8bn in investment for the full year.

Peru remains the world’s second-largest producer of zinc and molybdenum, the third-largest producer of copper and silver, and the fourth in tin and lead, according to Minem. These rankings confirm the country’s critical role in global mining markets and its growing importance as a reliable supplier for energy transition industries.

The Metalnomist Commentary

Peru’s robust mining export growth reinforces its role as a cornerstone of global metals supply chains. The combination of higher production and increased foreign demand positions Peru strongly, but reliance on global commodity cycles remains a key risk for sustained growth.