2025 Mar Colombia Petroleum oils (HS 2710) Export Snapshot: Surge in Exports

March Trend: Colombia Petroleum oils Export

Petroleum oils, classified under HS Code 2710 (Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations; waste oils), surged in March, with exports hitting 289.93M USD, up 229.92% MoM. Volume jumped 147.65% to 506.97M kg, while unit prices rebounded 33.22% to $0.57/kg after February’s sharp decline. The recovery follows a steep drop in February, when tariffs on steel imports may have disrupted broader trade flows, though direct linkage remains unclear.

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

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Geographic Concentration & Market Logic

The UNITED STATES dominates Colombia's petroleum oils exports, accounting for 39.73% of value but 44.70% of weight, indicating a bulk hub role where raw or semi-processed volumes are prioritized over premium pricing. Spain, however, shows a premium market tilt (11.07% value vs. 8.07% weight), suggesting demand for higher-grade specifications. The presence of smaller, high-volume outliers like Bonaire (16.52% weight vs. 9.73% value) hints at logistics-driven re-exports or storage transit. This structure reveals a cost-optimized supply chain, favoring mass shipments to the U.S. with selective premium niches elsewhere.

Table: Colombia Petroleum Oils (HS Code 2710) Top Destination Countries (Source: yTrade)

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Colombia HS Code 2710 Breakdown & Value Logic

yTrade data reveals HS Code 2710191500 dominates Colombia's petroleum oils export (89.5% frequency, 44.6% value), with heavy-volume, non-light oils driving 152.59M kg in weight—30% of total shipments. The remaining sub-codes are marginal, collectively under 10% frequency, confirming Colombia HS Code 2710 Export is a bulk-driven market where scale trumps unit price visibility. High quantity-to-value ratios (e.g., 2710192200 at 42.5% quantity share but 30.6% value) further highlight a volume-over-margin strategy. This signals a commodity-centric trade, prioritizing mass over premium differentiation.

Table: Colombia (HS Code 2710) Breakdown Details (Source: yTrade)

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Colombia Petroleum Oils Buyers List

Table: Colombia Petroleum Oils (HS Code 2710) Top Buyers List (Source: yTrade)

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Frequently Asked Questions

How did Colombia Petroleum oils Export perform in March?

Colombia's petroleum oils exports surged 229.92% month-on-month to $289.93M in March, with volumes up 147.65% to 506.97M kg. Unit prices rose 33.22% to $0.57/kg.

What are the top Export partners for Colombia Petroleum oils?

The top destinations were the United States ($98.49M), Spain ($27.44M), and Puerto Rico ($26.57M).

Who are the major Petroleum oils Buyers?

Aerovias del Continente Americano S.A dominated with $57.70M in purchases, followed by Iberia Lineas Aereas de Espana S A ($7.62M).

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 (not crude, not light oils).