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2025 Jul Colombia Crude Oil (HS2710) Export Snapshot: Volume Surge

Colombia's Crude Oil exports surged 20.06% in July 2025, reaching $215.65M under HS Code 2710. Track key trends and top buyers on yTrade.

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)

DateValueWeightUnit PriceValue MoMWeight MoMUnit Price MoM
2025-01-01183.01M USD357.96M kg$0.51/kgN/AN/AN/A
2025-02-0187.88M USD204.71M kg$0.43/kg-51.98%-42.81%-16.03%
2025-03-01289.93M USD506.97M kg$0.57/kg+229.92%+147.65%+33.22%
2025-04-01196.29M USD407.40M kg$0.48/kg-32.30%-19.64%-15.75%
2025-05-01222.15M USD479.64M kg$0.46/kg+13.18%+17.73%-3.87%
2025-06-01193.74M USD367.29M kg$0.53/kg-12.79%-23.42%+13.89%
2025-07-01215.65M USD440.98M 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)

CountryValueQuantityFrequencyWeight
UNITED STATES119.26M273.50K203.00271.46M
BONAIRE, SINT EUSTATIUS AND SABA29.83M75.27K3.0077.60M
SPAIN13.56M22.19K35.0017.89M
MEXICO4.60M7.49K37.006.04M
VENEZUELA4.20M3.59K156.003.09M
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 CodeProduct DescriptionValueFrequencyQuantityWeight
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 preparations112.14M9.00283.87K292.67M
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 preparations64.59M762.00104.97K84.61M
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 preparations18.10M1.0034.44K31.84M
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 CompanyValueQuantityFrequencyWeight
AEROVIAS DEL CONTINENTE AMERICANO S.A27.83M45.58K160.0036.74M
IBERIA LINEAS AEREAS DE ESPANA S A3.42M5.59K4.004.51M
AIR EUROPA LINEAS AEREAS SOCIEDAD ANONIMA1.95M3.19K8.002.57M
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?

  1. United States ($119.26M)
  2. Bonaire, Sint Eustatius and Saba ($29.83M)
  3. 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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