2025 May Colombia Petroleum oils (HS2710) Export Snapshot: Volume Surge
May 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), saw mixed trends in May. Unit prices dipped 3.9% month-on-month to $0.46/kg, while export value rose 13.2% to $222.15M USD, driven by a 17.7% increase in volume to 479.64M kg. The rebound in volume follows a 19.6% contraction in April, though prices remain below March's peak of $0.57/kg. No specific external events were tied to the shift.
Table: Colombia Petroleum Oils 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% |
Get Colombia Petroleum Oils Historical Export Data
Geographic Concentration & Market Logic
Puerto Rico dominates Colombia's petroleum oils exports with a 31.17% value share but only 25.80% weight share, signaling a premium market demanding higher-grade products, while the U.S. (24.61% value, 23.32% weight) reinforces this trend. Bonaire and the Bahamas, however, show a bulk hub pattern (16.60% and 10.68% weight shares vs. lower value shares), indicating raw material processing or transshipment. The supply chain is bifurcated: premium flows to U.S. territories and bulk to Caribbean hubs, optimizing for both value capture and cost-efficient logistics.
Table: Colombia Petroleum Oils (HS Code 2710) Top Destination Countries (Source: yTrade)
| Country | Value | Quantity | Frequency | Weight |
|---|---|---|---|---|
| PUERTO RICO | 68.90M | 133.55K | 15.00 | 123.37M |
| UNITED STATES | 54.40M | 119.13K | 217.00 | 111.53M |
| BONAIRE, SINT EUSTATIUS AND SABA | 29.79M | 85.99K | 2.00 | 88.66M |
| BAHAMAS | 19.76M | 55.32K | 5.00 | 57.04M |
| SPAIN | 11.32M | 17.95K | 42.00 | 14.47M |
| MEXICO | ****** | ****** | ****** | ****** |
Get Complete Colombia Petroleum Oils Destination Countries Profile
Colombia HS Code 2710 Breakdown & Value Logic
yTrade data reveals HS Code 2710192200 dominates Colombia's petroleum oil exports, capturing 36.7% of quantity and 29.8% of value, despite 2710191500 having the highest shipment frequency (81.1%). The volume-value mismatch suggests a market prioritizing bulk mid-tier products over premium or niche variants, with most sub-codes (e.g., 2710193800, 2710193500) contributing minimally. This confirms Colombia’s HS Code 2710 export strategy leans on scalable, mid-range oil grades rather than high-margin specialization.
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 | 84.88M | 4.00 | 169.84K | 157.02M |
| 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 | 66.20M | 6.00 | 190.66K | 196.57M |
| 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 | 64.39M | 894.00 | 100.55K | 81.04M |
| 2710** | ******** | ******** | ******** | ******** | ******** |
Check Detailed HS Code 2710 Breakdown
Colombia Petroleum Oils Buyers List
Table: Colombia Petroleum Oils (HS Code 2710) Top Buyers List (Source: yTrade)
| Buyer Company | Value | Quantity | Frequency | Weight |
|---|---|---|---|---|
| AEROVIAS DEL CONTINENTE AMERICANO S.A | 23.62M | 37.47K | 168.00 | 30.20M |
| IBERIA LINEAS AEREAS DE ESPANA S A | 3.54M | 5.56K | 5.00 | 4.48M |
| TAMPA CARGO SAS | 3.43M | 5.57K | 23.00 | 4.49M |
| COMPANIA PANAMENA DE AVIACION S.A | ****** | ****** | ****** | ****** |
Check Full Petroleum oils Buyers list
Frequently Asked Questions
How did Colombia Petroleum oils Export perform in May?
Colombia's petroleum oils exports rose 13.18% month-on-month to $222.15M in May, with volume up 17.73% to 479.64M kg. Unit prices dipped 3.87% to $0.46/kg.
What are the top Export partners for Colombia Petroleum oils?
Top destinations: Puerto Rico ($68.90M), United States ($54.40M), and Bonaire ($29.79M).
Who are the major Petroleum oils Buyers?
Buyers are concentrated among airlines, led by Aerovias del Continente Americano S.A ($23.62M) and Iberia Líneas Aéreas de España ($3.54M).
What is the specific HS Code for this trade?
The data covers HS Code 2710, with significant activity in non-crude petroleum oils (HS 271019).
2025 Mar Colombia Petroleum oils (HS 2710) Export Snapshot: Surge in Exports
Colombia's petroleum oils exports surged 229.92% in March 2025, reaching $289.93M. Track HS Code 2710 trends on yTrade for top destinations like the US and Spain.
2025 Q1 Colombia Petroleum oils (HS 2710) Export Snapshot: Surge & Rebounds
Colombia's Petroleum oils Export (HS Code 2710) surged 229.92% in March 2025, hitting $289.93M. Top buyers: Aerovias & Iberia. Track trends on yTrade.
