How much copper does Peru produce and export?
Peru is the 3rd largest producer of copper: 2.7 million tonnes in 2025, 12% of the world's 23 million tonnes (USGS MCS). It is the 2nd largest exporter by value: $20.5 billion in 2024, 19% of world exports of copper ores and concentrates (HS 2603) (CEPII BACI). Its biggest customer is China, which takes 75% of its copper exports by value.
All about copper · All about Peru · Copper price history
Peru's copper production
| World rank | Production (tonnes) | Share of world | Ten-year growth | Year |
|---|---|---|---|---|
| 3 | 2.7 million tonnes | 12% | — | 2025 |
USGS Mineral Commodity Summaries, MCS 2026.
Peru's copper exports
| World rank | Export value | Share of world exports | Quantity (tonnes) | Average value per tonne | Year |
|---|---|---|---|---|---|
| 2 | $20.5 billion | 19% | 9.4 million t | $2,190 | 2024 |
CEPII BACI international trade database (HS22, V202601), HS 2603 (Copper ores and concentrates).
Where Peru's copper goes
| Destination | Value | Share of Peru's exports |
|---|---|---|
| China | $15.4B | 75% |
| Japan | $1.8B | 8.8% |
| Spain | $659M | 3.2% |
| South Korea | $598M | 2.9% |
| India | $364M | 1.8% |
The copper price Peru sells into
The benchmark price, LME cash, grade A cathode, was $14,474/t in September 2026, up 45% over twelve months. Its five-year volatility is 16% a year, calmer in 23% of its earlier five-year windows. A single country's export price can differ from the benchmark: see trade price against benchmark. Monthly averages lag the market and are not investment advice. Copper price history.
Cite as: Commodity Origins, "Peru copper: production, exports and prices", https://commodityorigins.com/countries/PER/copper/ (CC BY 4.0). Rankings count only countries reporting to the sources named; this page is shown only for top-five producers or exporters with at least 3% of the world total. Report an issue with this page.