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Who buys Peru’s copper ore? Export destinations 2024

In 2024, Peru exported $20.6 billion of copper ore (9.4 million tonnes), 19.8% of the world total. China bought 76% of the total, followed by Japan (8%) and Spain (3%). Peru was the world’s 2nd-largest exporter of copper ore.

Summary

Value
$20.6billion
Tonnes
9.4million tonnes
Share of world total
19.8%
World rank
2nd
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
China15.6Tonnes: 6,984,345USD per tonne: $2,23475.9%Sea
Japan1.7Tonnes: 896,261USD per tonne: $1,9058.3%Sea
Spain0.6Tonnes: 333,205USD per tonne: $1,8122.9%Sea
South Korea0.58Tonnes: 268,016USD per tonne: $2,1582.8%Sea
Bulgaria0.37Tonnes: 155,091USD per tonne: $2,4071.8%Sea
India0.33Tonnes: 152,793USD per tonne: $2,1701.6%Sea
Namibia0.32Tonnes: 113,971USD per tonne: $2,7871.6%Sea
Germany0.32Tonnes: 128,099USD per tonne: $2,4601.5%Sea
Philippines0.21Tonnes: 82,093USD per tonne: $2,5631%Sea
Taiwan0.16Tonnes: 80,928USD per tonne: $1,9890.78%Sea
Finland0.12Tonnes: 51,768USD per tonne: $2,2530.57%Sea
Malaysia0.09Tonnes: 48,164USD per tonne: $1,8320.43%Sea
Sweden0.08Tonnes: 36,012USD per tonne: $2,2150.39%Sea
Chile0.03Tonnes: 12,183USD per tonne: $2,6060.15%Land
Canada0.02Tonnes: 11,070USD per tonne: $1,6960.09%Sea
Mexico0.01Tonnes: 3,850USD per tonne: $1,9240.04%Sea
Switzerland< 0.01Tonnes: 2,971USD per tonne: $1,4670.02%Sea
Italy< 0.01Tonnes: 2,282USD per tonne: $1,7660.02%Sea
Cambodia< 0.01Tonnes: 1,402USD per tonne: $1,7670.01%Sea
Singapore re-exports< 0.01Tonnes: 806USD per tonne: $2,5830.01%Sea

Trend

Who it sells to

China has been its main destination since 2001

Value in USD billions. The five largest destinations in 2024.

  • China 15.6
  • Japan 1.7
  • Spain 0.6
  • South Korea 0.58
  • Bulgaria 0.37

Source: CEPII BACI

Show the numbers
Partner19952024
China015.6
Japan0.081.7
Spain00.6
South Korea00.58
Bulgaria00.37

Sources and methodology

Other products of this country

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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