2025 Q1 Colombia Petroleum oils (HS 2710) Export Snapshot: Surge & Rebounds

Q1 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 volatile export performance in Q1 2025. After a sharp 51.98% drop in value and 42.81% decline in volume in February, March rebounded with a 229.92% surge in value and 147.65% increase in weight, driven by a 33.22% rise in unit prices. The month-on-month swings highlight fluctuating demand or supply chain adjustments in Colombia's petroleum oils trade.

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 42.1% of value but 45.6% of weight, revealing a slight bulk-hub dynamic where volume slightly outpaces value—indicating a focus on cost-efficient crude shipments rather than premium refined products. Bonaire and Norfolk Island, despite minimal trade frequency, show a tighter value-weight alignment (7.16% vs. 10.41% and 6.16% vs. 8.50%), suggesting niche but balanced trade flows, possibly for transshipment or storage. The overall structure prioritizes high-volume, lower-margin exports to the U.S., with secondary markets serving specialized logistical roles.

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 2710192200 dominates Colombia's Q1 2025 petroleum oil exports, capturing 41.87% of value ($234.8M) and 57.38% of weight—a clear bulk-volume play. The remaining sub-codes (e.g., 2710191500 at 37.5% value) cluster as secondary players, with negligible unit price visibility. This Colombia HS Code 2710 export structure skews toward high-volume, low-margin trade, where scale trumps premium pricing. The absence of price granularity suggests commoditized transactions, typical of refinery-heavy markets. Expect stability in this weight-driven segment unless feedstock costs disrupt equilibrium.

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 Q1?

Exports surged 229.92% month-on-month in March 2025 to $289.93M, rebounding from a 51.98% drop in February.

What are the top Export partners for Colombia Petroleum oils?

The United States ($212.31M), Spain ($42.66M), and Bonaire ($36.11M) were the top destinations.

Who are the major Petroleum oils Buyers?

Aerovias del Continente Americano S.A dominated with $86.48M in purchases, followed by Iberia Lineas Aereas de Espana S.A ($11.29M).

What is the specific HS Code for this trade?

The data covers HS Code 2710, with significant activity in non-crude petroleum oils (271019****).

Detailed Monthly Report

Colombia HS2710 Export Snapshot 2025 JAN

Colombia HS2710 Export Snapshot 2025 FEB

Colombia HS2710 Export Snapshot 2025 MAR