2025 Q2 Colombia Petroleum oils (HS 2710) Export Snapshot: Price Rise

Q2 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 Q2 2025. Unit prices dropped 15.75% MoM in April to $0.48/kg, then slipped another 3.87% in May before rebounding 13.89% in June to $0.53/kg. Export volumes mirrored this volatility, plunging 19.64% in April, surging 17.73% in May, then contracting 23.42% in June. Values followed a similar pattern, with April's 32.30% MoM decline reversing to a 13.18% gain in May before falling 12.79% in June. The quarter closed with exports at 367.29M kg worth $193.74M USD.

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

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Geographic Concentration & Market Logic

The U.S. dominates Colombia's petroleum oils exports, accounting for 42.9% of value but 44.4% of weight, revealing a balanced value-volume gap—suggesting stable demand for Colombia's crude grades without significant premium or discount. Puerto Rico and Bonaire, however, show value > weight (15.6% vs. 13.1%; 10.6% vs. 15.1%), indicating niche markets for higher-value refined products or re-exports. The supply chain prioritizes bulk efficiency, with 60% of exports concentrated in just three destinations (U.S., Puerto Rico, Bonaire), reflecting a cost-driven, logistics-heavy trade structure.

(SEO: Colombia Petroleum oils Export destinations)

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 exports (82.5% frequency, 31.75% value share), with heavy-volume, non-light oils driving bulk trade. The remaining sub-codes—though varied—collectively contribute marginal volume and value, indicating a market skewed toward high-volume, low-unit-price transactions. This Colombia HS Code 2710 Export pattern reflects a commodity-driven strategy, prioritizing scale over premium pricing, typical of crude-heavy economies. The absence of unit price data suggests standardized pricing, further reinforcing a bulk-volume play. Expect stability in this low-margin, high-throughput segment.

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 Q2?

Colombia's petroleum oils exports dropped 12.8% month-on-month in June to $193.7M, following a 13.2% increase in May. Unit prices rose 13.9% in June to $0.53/kg after three consecutive monthly declines.

What are the top Export partners for Colombia Petroleum oils?

The United States ($260.9M), Puerto Rico ($94.9M), and Bonaire ($64.5M) were the top destinations in June.

Who are the major Petroleum oils Buyers?

Aerovias del Continente Americano S.A dominated with $75.1M in purchases, accounting for 39% of June's total export value.

What is the specific HS Code for this trade?

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

Detailed Monthly Report

Colombia HS2710 Export Snapshot 2025 MAY

Colombia HS2710 Export Snapshot 2025 JUN