2025 Q1 Colombia Petroleum coke (HS 2713) Export Snapshot: Volatile Trends

Q1 Trend: Colombia Petroleum coke Export

Petroleum coke, classified under HS Code 2713 (Petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals.), saw volatile export performance in Q1 2025. After a sharp 25% drop in unit price and 47% decline in value in February, March brought an 11.8% rebound in price and 34.6% recovery in export value. Shipment volumes followed a similar pattern, falling 28.8% in February before rising 20.5% the following month. The quarter closed with exports totaling 121M kg in March, though still below January's 141M kg level. No major trade policies or disruptions were reported during the period.

Table: Colombia Petroleum Coke Export Trend (Source: yTrade)

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Geographic Concentration & Market Logic

Colombia's petroleum coke exports are dominated by China Mainland, which accounts for 69.96% of volume but only 23.31% of value, revealing a bulk hub role for low-margin, high-volume raw material processing. In contrast, the U.S. and Puerto Rico command 31.86% and 25.13% of value with just 13.32% and 9.37% of volume, signaling premium markets for refined or specialized grades. This value-volume gap highlights a dual strategy: commodity-scale shipments to Asia and higher-value trade with North America, optimizing for both volume throughput and margin capture. The supply chain is structurally split—bulk efficiency for China, premium pricing for the U.S..

Table: Colombia Petroleum Coke (HS Code 2713) Top Destination Countries (Source: yTrade)

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Colombia HS Code 2713 Breakdown & Value Logic

yTrade data reveals 2713200000 (Petroleum bitumen) dominates Colombia's HS Code 2713 exports, capturing 76.65% value share ($44.45M) despite accounting for just 30.04% of quantity, signaling a premium-priced niche within the broader Petroleum coke category. The remaining sub-codes—primarily non-calcined coke (2713110000)—drive 69.96% of volume but only 23.32% of value, highlighting a bulk-volume, low-margin segment. This split confirms Colombia’s HS Code 2713 export strategy balances high-value bitumen with commoditized coke, reflecting dual demand for specialized and mass-market petroleum derivatives.

Table: Colombia (HS Code 2713) Breakdown Details (Source: yTrade)

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Colombia Petroleum Coke Buyers List

Table: Colombia Petroleum Coke (HS Code 2713) Top Buyers List (Source: yTrade)

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Frequently Asked Questions

How did Colombia Petroleum coke Export perform in Q1?

Exports dropped 46.8% MoM in February to $13.7M but rebounded 34.6% in March to $18.5M.

What are the top Export partners for Colombia Petroleum coke?

The United States ($18.5M), Puerto Rico ($14.6M), and China Mainland ($13.5M) were the top destinations.

Who are the major Petroleum coke Buyers?

Key buyers include TDM Asfaltos S.A.C ($424K), Metal Molina y Construcciones ($404K), and Syntex Asphalt S.R.L ($351K).

What is the specific HS Code for this trade?

The data covers HS Code 2713, with significant activity in petroleum bitumen (HS 271320) and non-calcined petroleum coke (HS 271311).

Detailed Monthly Report

Colombia HS2713 Export Snapshot 2025 JAN

Colombia HS2713 Export Snapshot 2025 MAR