2025 Q3 Colombia Petroleum oils (HS 2710) Export Snapshot: Sharp Drop

Q3 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 performance in Q3 2025. Exports rebounded in July (+11.3% MoM to $215.65M) and August (+12.7% MoM to $242.99M) before contracting sharply in September (-31% MoM to $167.62M). Volumes followed a similar pattern, peaking in August at 482.35M kg before dropping to 332.29M kg in September. Unit prices fluctuated between $0.46/kg and $0.53/kg, with a slight uptick in August (+3% MoM to $0.50/kg). The EU's June 2025 update to rules of origin under HS 2022 may have influenced trade flows.

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 46.6% of value but 51% of weight, revealing a slight bulk-leaning trade flow—suggesting cost-efficient crude shipments over premium refined products. BONAIRE stands out as a logistics loop, with 12.95% value share but 17.94% weight share, likely acting as a transshipment hub for regional redistribution. The high frequency (653 shipments) to the U.S. confirms a stable, volume-driven supply chain, while smaller markets like Spain (7% value, 4.5% weight) hint at niche demand for higher-grade exports. Strategic takeaway: Colombia’s export structure prioritizes scalable bulk trade with the U.S., supplemented by opportunistic regional hubs.

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 petroleum oil exports (Q3 2025), capturing 39% of value and 48% of quantity—despite accounting for just 21 shipments. This outlier efficiency suggests a premium bulk market, where high-volume, non-light oils drive value. The remaining sub-codes, including frequent but lower-impact entries like 2710191500, play supporting roles. The absence of unit price data hints at negotiated bulk deals, not spot pricing. Conclusion: Colombia’s export strategy prioritizes scale over fragmentation, locking in steady revenue through concentrated high-volume flows.

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 Q3?

Exports dropped 31% month-on-month in September to $167.62M, following a 12.67% gain in August.

What are the top Export partners for Colombia Petroleum oils?

1. United States ($283.29M)
2. Bonaire, Sint Eustatius and Saba ($78.68M)
3. Puerto Rico ($51.49M)

Who are the major Petroleum oils Buyers?

The market is dominated by airline carriers, led by Aerovias del Continente Americano S.A ($88.76M) and Iberia Lineas Aereas de España ($10.90M).

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).

Detailed Monthly Report

Colombia HS2710 Export Snapshot 2025 JUL

Colombia HS2710 Export Snapshot 2025 SEP