2025 Sep Colombia Petroleum oils (HS 2710) Export Snapshot: Volume Drop

September 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 exports decline sharply in September, with value dropping 31.02% MoM to $167.62M and volume falling 31.11% to 332.29M kg. This followed a modest 0.14% uptick in unit price to $0.50/kg, marking a muted rebound from July's 7.29% dip. The downturn contrasts with August's growth, where both value and volume rose by double digits. Refinería de Cartagena remains Colombia's top exporter, accounting for nearly 40% of shipments under this HS code. The September slump suggests potential demand volatility or supply chain adjustments.

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

Get Colombia Petroleum Oils Historical Export Data

Geographic Concentration & Market Logic

The UNITED STATES dominates Colombia's petroleum oils exports, accounting for 60.47% of value but 70.63% of weight, revealing a bulk hub dynamic where shipments prioritize volume over premium pricing. Spain, the second-largest destination, shows a tighter value-weight alignment (8.47% vs. 5.49%), hinting at balanced demand for mid-grade products. The structural value-volume gap across top markets—especially Honduras (6.56% value vs. 9.14% weight)—confirms a supply chain optimized for cost-efficient bulk transport, not high-margin refined products. Colombia’s export strategy leans heavily on scalable, low-value flows to regional and US markets.

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

Get Complete Colombia Petroleum Oils Destination Countries Profile

Colombia HS Code 2710 Breakdown & Value Logic

yTrade data reveals HS Code 2710191500 dominates Colombia's petroleum oil exports, capturing 78.46% frequency and 42.20% value share, despite accounting for just 30.39% of quantity—highlighting a high-volume, mid-value market. The remaining sub-codes (e.g., 2710192200 with 44.23% quantity share) skew toward bulk shipments but lower frequency, suggesting Colombia’s HS Code 2710 Export strategy prioritizes consistent mid-tier pricing over premium segmentation. This reflects a market anchored in scalable, cost-efficient trade rather than niche high-value products.

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

Check Detailed HS Code 2710 Breakdown

Colombia Petroleum Oils Buyers List

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

Check Full Petroleum oils Buyers list

Frequently Asked Questions

How did Colombia Petroleum oils Export perform in September?

Exports dropped 31% month-on-month to $167.62M, with volume down 31% to 332.29M kg. Unit price held flat at $0.50/kg.

What are the top Export partners for Colombia Petroleum oils?

1. United States ($100.14M)
2. Spain ($14.02M)
3. Honduras ($10.86M)

Who are the major Petroleum oils Buyers?

The market is concentrated among airline operators, led by Aerovias del Continente Americano S.A ($29.68M) and Iberia Lineas Aereas de España S.A ($3.82M).

What is the specific HS Code for this trade?

The data covers HS Code 2710, with significant activity in petroleum oils not containing biodiesel (271019****).