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Who buys Peru’s refined copper? Export destinations 2024

In 2024, Peru exported $2.5 billion of refined copper (281 thousand tonnes), 2.7% of the world total. Its main destinations were China (37%), the United States (23%) and Brazil (18%). Peru was the world’s 9th-largest exporter of refined copper.

Summary

Value
$2.5billion
Tonnes
281thousand tonnes
Share of world total
2.7%
World rank
9th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD millions)TonnesUSD per tonneShareMode
China940Tonnes: 103,020USD per tonne: $9,12437.1%Sea
United States575Tonnes: 61,475USD per tonne: $9,34722.7%Sea
Brazil453Tonnes: 49,103USD per tonne: $9,23017.9%Land
Italy430Tonnes: 50,509USD per tonne: $8,51817%Sea
Taiwan43.9Tonnes: 4,814USD per tonne: $9,1281.7%Sea
Mexico31.1Tonnes: 4,955USD per tonne: $6,2741.2%Sea
Singapore re-exports13.5Tonnes: 1,598USD per tonne: $8,4340.53%Sea
South Korea12.7Tonnes: 1,445USD per tonne: $8,8020.5%Sea
Ecuador12.4Tonnes: 1,979USD per tonne: $6,2510.49%Land
Canada8.5Tonnes: 907USD per tonne: $9,3690.34%Sea
Netherlands re-exports4.6Tonnes: 497USD per tonne: $9,2950.18%Sea
Spain3.2Tonnes: 218USD per tonne: $14,6050.13%Sea
Germany2.1Tonnes: 174USD per tonne: $11,7680.08%Sea
Pakistan1Tonnes: 99USD per tonne: $10,4260.04%Sea
Malaysia0.55Tonnes: 285USD per tonne: $1,9270.02%Sea
Colombia0.14Tonnes: 9USD per tonne: $15,1080.01%Land
Argentina0.07Tonnes: 6USD per tonne: $11,1580%Sea
United Kingdom0.04Tonnes: 3USD per tonne: $12,3080%Sea
Egypt< 0.01Tonnes: 0USD per tonne: $8,8100%Sea
El Salvador< 0.01Tonnes: 0USD per tonne: $63,2750%Air

Trend

Who it sells to

China has been its main destination since 2012

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

  • China 0.94
  • United States 0.57
  • Brazil 0.45
  • Italy 0.43
  • Taiwan 0.04

Source: CEPII BACI

Show the numbers
Partner19952024
China< 0.010.94
United States0.040.57
Brazil0.050.45
Italy0.150.43
Taiwan0.140.04

Sources and methodology

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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