Mexico Crude Oil HS2709 Export Data 2025 February Overview

Mexico Crude Oil (HS 2709) 2025 February Export: Key Takeaways

Mexico’s Crude Oil exports under HS Code 2709 in February 2025 reveal a stable, standard-grade commodity, with the United States dominating nearly half of trade by value and volume, signaling high buyer concentration risk. Geographic reliance on the U.S. underscores supply chain vulnerability, while secondary markets like Spain and South Korea show limited diversification efforts. This analysis, covering February 2025, is based on cleanly processed Customs data from the yTrade database.

Mexico Crude Oil (HS 2709) 2025 February Export Background

Mexico Crude Oil (HS Code 2709), defined as petroleum crude oil from bituminous minerals, fuels global industries like transportation and manufacturing, maintaining steady demand due to its energy-critical role. Starting July 2025, Mexico’s new Automatic Export Notice requirement [APA Engineering] will impact exporters, reflecting tighter trade controls. As the U.S.’s top crude supplier, Mexico’s 2025 February exports under HS Code 2709 remain pivotal, accounting for nearly half of its petroleum trade [FreightAmigo].

Mexico Crude Oil (HS 2709) 2025 February Export: Trend Summary

Key Observations

Mexico Crude Oil HS Code 2709 Export 2025 February showed a slight price increase but a notable volume contraction compared to January. Unit prices edged up to $0.47/kg from $0.46/kg, while export volumes dropped from 8.48B to 8.37B units. This divergence suggests tighter supply conditions or logistical constraints outweighing steady global crude demand.

Price and Volume Dynamics

The marginal price gain aligns with typical crude market behavior where geopolitical or operational factors often trigger short-term price firming even as physical flows adjust. The volume decline appears more structural than cyclical, pointing to potential export bottlenecks or inventory drawdowns ahead of anticipated regulatory changes. The value of exports held nearly flat at $3.92B, indicating resilient underlying demand despite the volume pullback.

External Context and Outlook

The volume contraction likely reflects early industry adaptation to Mexico’s new Automatic Export Notice requirement [APA Engineering], effective mid-2025. This policy mandates pre-shipment approvals for sensitive exports like crude oil (APA Engineering), potentially causing temporary procedural delays. While global crude prices remain supportive, near-term export volumes may stay subdued as shippers navigate these new compliance hurdles before rebounding later in the year.

Mexico Crude Oil (HS 2709) 2025 February Export: HS Code Breakdown

Product Specialization and Concentration

Mexico's Crude Oil HS Code 2709 export profile for February 2025 is heavily concentrated in a single product form. The main sub-code, 270900, accounts for one-third of the total export value and weight, with all sub-codes describing the same crude petroleum product. Unit prices are tightly clustered between 44 and 58 US cents per kilogram, confirming this is a uniform bulk commodity without significant quality-based specialization or extreme price outliers.

Value-Chain Structure and Grade Analysis

The remaining sub-codes under HS 2709 represent the same crude oil product, just broken into finer administrative categories. All trade under this code is in raw, unprocessed crude, with no value-added processing or finished goods present. The minimal price spread and identical product descriptions confirm this is a fungible bulk commodity, traded primarily on volume and global benchmark prices rather than product differentiation or unique specifications.

Strategic Implication and Pricing Power

For Mexico Crude Oil exporters under HS Code 2709, pricing power is low and tied directly to international crude markets. Success depends on volume efficiency and logistics, not product features. Exporters should monitor Mexico’s new Automatic Export Notice requirement [APA Engineering], effective July 2025, which may add administrative steps for future shipments but does not alter the commodity nature of this trade.

Check Detailed HS 2709 Breakdown

Mexico Crude Oil (HS 2709) 2025 February Export: Market Concentration

Geographic Concentration and Dominant Role

Mexico's Crude Oil exports under HS Code 2709 in February 2025 were heavily concentrated, with the United States dominating at 47.93% of the value and weight shares, indicating a stable, standard-grade commodity due to equal value and weight ratios. Mexico itself is the second-largest destination with 31.12% value share, suggesting possible internal transfers or data quirks, while Spain and South Korea hold smaller roles.

Partner Countries Clusters and Underlying Causes

The United States forms the primary cluster due to geographic proximity and strong trade ties, absorbing over half of exports. A secondary cluster includes Spain and South Korea, with lower shares around 10-15%, likely driven by diversification efforts or specific bilateral agreements in the global oil market.

Forward Strategy and Supply Chain Implications

For Mexico Crude Oil HS Code 2709 Export 2025 February, the high concentration with the US requires reinforced supply chain resilience against geopolitical shifts. New regulations, such as the mandatory Automatic Export Notice for petroleum products [APA Engineering], mean exporters must factor in compliance delays and potential costs to maintain flow to key markets.

Get Complete Partner Countries Profile

Mexico Crude Oil (HS 2709) 2025 February Export: Buyer Cluster

Buyer Market Concentration and Dominance

The Mexico Crude Oil Export 2025 February market is overwhelmingly concentrated in one buyer type. The high-value, high-frequency buyers account for 97.22% of the total export value and 97.06% of all shipments for HS Code 2709. This group of two major buyers, including PEMEX and ENI, defines the entire market's high-volume, regular shipment pattern. The median trade is large-scale and consistent, with virtually no activity from other buyer types.

Strategic Buyer Clusters and Trade Role

Only one other buyer group shows any activity: low-value, high-frequency buyers. They represent a small fraction of trade (2.78% of value) through more frequent, smaller shipments. This suggests a niche player, possibly a trading company, operating in the margins of the dominant commodity market. The complete absence of both low-value, low-frequency and high-value, low-frequency buyers indicates no spot market or irregular large-scale purchasers are active.

Sales Strategy and Vulnerability

For Mexican crude oil exporters, strategy must focus entirely on maintaining relationships with the two dominant buyers. The extreme concentration creates high vulnerability to demand shifts or policy changes from these few clients. The sales model is inherently bulk and long-term, with no need for diversified marketing. This risk is heightened by new regulations, as starting July 2025, an Automatic Export Notice will be required for sensitive exports like petroleum [APA Engineering], adding compliance steps for all shipments.

Check Full Crude Oil Buyer lists

Mexico Crude Oil (HS 2709) 2025 February Export: Action Plan for Crude Oil Market Expansion

Strategic Supply Chain Overview

The Mexico Crude Oil Export 2025 February market under HS Code 2709 is a pure commodity trade. Price is driven by global oil benchmarks, not product quality or features. Supply depends entirely on high-volume shipments to just two major buyers. Geographic reliance on the US creates exposure to policy shifts. New compliance rules add administrative risk from July 2025.

Action Plan: Data-Driven Steps for Crude Oil Market Execution

• Track global crude indexes daily to align contract pricing with real-time markets. This prevents revenue loss from outdated agreements.
• Monitor shipment frequency data for the two key buyers to anticipate demand changes. This allows proactive logistics planning and avoids supply disruptions.
• Use trade flow analytics to identify alternative buyers in secondary markets like Spain or South Korea. This reduces over-reliance on a single dominant partner.
• Implement a compliance calendar for the new Automatic Export Notice requirement effective July 2025. This prevents shipment delays and maintains regulatory access to all markets.
• Analyze port and transport data for cost-efficient routing to the US and other destinations. This protects margin in a low-price-differentiation environment.

Take Action Now —— Explore Mexico Crude Oil Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Mexico Crude Oil Export 2025 February?

A1. The slight price increase to $0.47/kg and volume drop to 8.37B units suggest supply constraints, likely due to preemptive adjustments for Mexico’s new export compliance rules effective mid-2025.

Q2. Who are the main partner countries in this Mexico Crude Oil Export 2025 February?

A2. The U.S. dominates with 47.93% of exports, followed by Mexico (31.12%) and Spain/South Korea (combined ~20%), reflecting stable bulk trade ties.

Q3. Why does the unit price differ across Mexico Crude Oil Export 2025 February partner countries?

A3. Prices are tightly clustered (44–58¢/kg) under sub-code 270900, confirming uniform crude quality; minor variations stem from logistics rather than product differentiation.

Q4. What should exporters in Mexico focus on in the current Crude Oil export market?

A4. Exporters must prioritize relationships with PEMEX and ENI, who drive 97% of trade, while preparing for compliance delays from the 2025 export notice requirement.

Q5. What does this Mexico Crude Oil export pattern mean for buyers in partner countries?

A5. U.S. buyers benefit from stable bulk supply, but all importers face potential shipment delays as Mexican exporters adapt to new regulatory steps.

Q6. How is Crude Oil typically used in this trade flow?

A6. Exported crude is entirely unprocessed, traded as a fungible bulk commodity for refining or storage, with no value-added processing.

Q7. What is yTrade?

yTrade is a global trade data platform that provides SaaS and API access to provide accurate, structured, and searchable import-export trade data for international business decisions. It enables users to access verified shipment records, analyse buyer and supplier activity, review company trade overviews, assess compliance risks, and monitor real market demand — all from a single, scalable system.

Q8. How can yTrade benefit my business?

yTrade helps businesses:

• Identify active and verified buyers through global import data
• Discover reliable suppliers with real shipment history
• Monitor competitor previous trade activity
• Reduce sourcing and compliance risk with worldwide export data
• Support data-driven sales, procurement, and market expansion decisions
• Save time by replacing manual research with structured trade data analysis

Q9. What features does yTrade offer?

yTrade provides practical, trade-focused tools including:

• Global shipment search by HS code, product, company name, port, or country
• Detailed company trade profiles with ownership and relationship mapping
• Buyer and supplier discovery with real transaction trade records
• Basic compliance with background checks and sanctions risk screening
• Competitor's shipment tracking and selling/buying behaviour analysis
• Trade Trends to identify market demand and trade flow monitoring
• Big-Data Search engine with percised filters to generate accurate data reports
• Global Trade Data API access for Internal Softwares like CRM, ERP, and SaaS integration All data is structured, verified, and cleaned to ensure consistency and reliability.