2025 Jul Colombia Crude Oil (HS2710) Export Snapshot: Volume Surge
July Trend: Colombia Crude Oil Export
Crude Oil, classified under HS Code 2710 (Petroleum oils and oils obtained from bituminous minerals, crude), saw exports rebound in July with a 20.06% month-on-month increase in volume to 440.98M kg, while the unit price dipped 7.29% to $0.49/kg. This pushed the total export value up 11.31% to $215.65M, despite the softer pricing. The recovery follows a sharp 23.42% contraction in June, though volumes remain below March's peak of 506.97M kg. No major trade disruptions or policy shifts were reported during the period. Colombia's crude exports continue to exhibit volatility, with unit prices fluctuating between $0.43/kg and $0.57/kg over the past seven months.
Table: Colombia Crude Oil Export Trend (Source: yTrade)
| Date | Value | Weight | Unit Price | Value MoM | Weight MoM | Unit Price MoM |
|---|---|---|---|---|---|---|
| 2025-01-01 | 183.01M USD | 357.96M kg | $0.51/kg | N/A | N/A | N/A |
| 2025-02-01 | 87.88M USD | 204.71M kg | $0.43/kg | -51.98% | -42.81% | -16.03% |
| 2025-03-01 | 289.93M USD | 506.97M kg | $0.57/kg | +229.92% | +147.65% | +33.22% |
| 2025-04-01 | 196.29M USD | 407.40M kg | $0.48/kg | -32.30% | -19.64% | -15.75% |
| 2025-05-01 | 222.15M USD | 479.64M kg | $0.46/kg | +13.18% | +17.73% | -3.87% |
| 2025-06-01 | 193.74M USD | 367.29M kg | $0.53/kg | -12.79% | -23.42% | +13.89% |
| 2025-07-01 | 215.65M USD | 440.98M kg | $0.49/kg | +11.31% | +20.06% | -7.29% |
Get Colombia Crude Oil Historical Export Data
Geographic Concentration & Market Logic
The UNITED STATES dominates Colombia's Crude Oil Export destinations, accounting for 59.58% of value but 65.92% of weight, revealing a slight bulk hub role—suggesting cost-efficient logistics for raw material flows. BONAIRE, SINT EUSTATIUS AND SABA stands out with a 14.90% value share against 18.84% weight, reinforcing this trend. The remaining markets (Spain, Mexico, Venezuela) show tighter value-weight alignment, indicating balanced trade. Strategic takeaway: Colombia’s export structure prioritizes high-volume, low-margin flows to proximate hubs, optimizing for scale over premium pricing.
Table: Colombia Crude Oil (HS Code 2710) Top Destination Countries (Source: yTrade)
| Country | Value | Quantity | Frequency | Weight |
|---|---|---|---|---|
| UNITED STATES | 119.26M | 273.50K | 203.00 | 271.46M |
| BONAIRE, SINT EUSTATIUS AND SABA | 29.83M | 75.27K | 3.00 | 77.60M |
| SPAIN | 13.56M | 22.19K | 35.00 | 17.89M |
| MEXICO | 4.60M | 7.49K | 37.00 | 6.04M |
| VENEZUELA | 4.20M | 3.59K | 156.00 | 3.09M |
| PERU | ****** | ****** | ****** | ****** |
Get Complete Colombia Crude Oil Destination Countries Profile
Colombia HS Code 2710 Breakdown & Value Logic
yTrade data reveals HS Code 2710192200 dominates Colombia's July 2025 crude oil exports, capturing 52% of total value ($112.14M) and 60.97% of quantity (283.87K tons), signaling a market skewed toward high-volume, mid-value shipments. The remaining sub-codes—led by 2710191500 (29.95% value share)—show fragmented demand, with no premium pricing tiers evident. This confirms Colombia’s export strategy prioritizes bulk throughput over niche product differentiation, typical of a commodity-driven trade flow.
Table: Colombia (HS Code 2710) Breakdown Details (Source: yTrade)
| HS Code | Product Description | Value | Frequency | Quantity | Weight |
|---|---|---|---|---|---|
| 271019**** | Petroleum oils and oils from bituminous minerals, not containing biodiesel, not crude, not waste oils; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; not light oils and preparations | 112.14M | 9.00 | 283.87K | 292.67M |
| 271019**** | Petroleum oils and oils from bituminous minerals, not containing biodiesel, not crude, not waste oils; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; not light oils and preparations | 64.59M | 762.00 | 104.97K | 84.61M |
| 271019**** | Petroleum oils and oils from bituminous minerals, not containing biodiesel, not crude, not waste oils; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; not light oils and preparations | 18.10M | 1.00 | 34.44K | 31.84M |
| 2710** | ******** | ******** | ******** | ******** | ******** |
Check Detailed HS Code 2710 Breakdown
Colombia Crude Oil Buyers List
Table: Colombia Crude Oil (HS Code 2710) Top Buyers List (Source: yTrade)
| Buyer Company | Value | Quantity | Frequency | Weight |
|---|---|---|---|---|
| AEROVIAS DEL CONTINENTE AMERICANO S.A | 27.83M | 45.58K | 160.00 | 36.74M |
| IBERIA LINEAS AEREAS DE ESPANA S A | 3.42M | 5.59K | 4.00 | 4.51M |
| AIR EUROPA LINEAS AEREAS SOCIEDAD ANONIMA | 1.95M | 3.19K | 8.00 | 2.57M |
| AMERICAN AIRLINES INC | ****** | ****** | ****** | ****** |
Check Full Crude Oil Buyers list
Frequently Asked Questions
How did Colombia Crude Oil Export perform in July?
Exports rose 11.31% month-on-month to $215.65M, with volume up 20.06% to 440.98M kg. Unit price dipped 7.29% to $0.49/kg.
What are the top Export partners for Colombia Crude Oil?
- United States ($119.26M)
- Bonaire, Sint Eustatius and Saba ($29.83M)
- Spain ($13.56M)
Who are the major Crude Oil Buyers?
The market is dominated by airline buyers, led by Aerovias del Continente Americano S.A ($27.83M) and Iberia Lineas Aereas de Espana S A ($3.42M).
What is the specific HS Code for this trade?
The data covers HS Code 2710, with significant activity in petroleum oils and oils from bituminous minerals (HS 271019****).
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