Mexico Crude Oil HS2709 Export Data 2025 June Overview

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

Mexico’s Crude Oil exports under HS Code 2709 in June 2025 reveal a high-value market dominated by CUBA, accounting for 40.63% of export value, suggesting premium-grade shipments, while the U.S. follows with slightly lower value per weight. The market is highly concentrated, with CUBA and the U.S. handling over 70% of exports, posing supply chain risks if demand shifts. European and Asian markets, like Italy and India, show niche demand but require diversification strategies to mitigate reliance on key partners. This analysis, covering June 2025, is based on cleanly processed Customs data from the yTrade database.

Mexico Crude Oil (HS 2709) 2025 June Export Background

Mexico Crude Oil (HS Code 2709, defined as petroleum crude oil from bituminous minerals) fuels global industries like energy and transportation, maintaining steady demand due to its role in refining and manufacturing. Starting June 2025, Mexico’s new Automatic Export Notice requirement applies to select goods, though HS 2709 remains a key export—48% of it shipped to the U.S. [FreightAmigo]. As Mexico’s top export, crude oil under HS 2709 drives trade revenue, even as customs reforms tighten broader controls [HK Law].

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

Key Observations

Mexico Crude Oil HS Code 2709 Export 2025 June surged dramatically, with export value jumping 38% month-over-month to $5.19 billion and unit price rebounding 15% to $0.46/kg, marking a sharp recovery from May's lows.

Price and Volume Dynamics

The June spike reverses a two-month decline in April and May, where prices dropped to $0.40/kg amid typical seasonal refinery maintenance cycles that temporarily dampen crude demand. Volume soared to 11.30 billion kg, reflecting renewed industrial activity and supply adjustments as global oil markets entered the high-demand summer driving season, underscoring the commodity's inherent price volatility and cyclical nature.

External Context and Outlook

Externally, Mexico's trade policies, including the new Automatic Export Notice effective June 4, 2025 [Expeditors], did not cover crude oil, minimizing direct regulatory disruption. However, sustained export strength aligns with crude oil's role as a top export to the US (FreightAmigo) and ongoing customs reforms (HK Law) that may tighten trade processes, supporting stable outlooks barring major geopolitical shifts.

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

Product Specialization and Concentration

For Mexico's Crude Oil HS Code 2709 Export in June 2025, the market is dominated by the sub-code 270900, which represents crude petroleum oils and accounts for 33 percent of the export value at a unit price of 0.46 US dollars per kilogram. The analysis period shows high concentration, with the top three sub-codes covering over 80 percent of the value. A lower unit price of 0.39 dollars per kilogram for sub-code 2709000501 is noted as an anomaly and isolated from further analysis due to its deviation from the norm.

Value-Chain Structure and Grade Analysis

The remaining sub-codes can be grouped into two categories based on unit price: higher-grade crude at 0.50 dollars per kilogram for 2709000503, and standard-grade crude around 0.44 to 0.46 dollars per kilogram for codes like 27090005 and 2709000502. This structure confirms that Mexico's Crude Oil HS Code 2709 Export operates as a fungible bulk commodity, with pricing closely tied to global oil indices rather than value-added processing, indicating trade in raw materials with minimal differentiation.

Strategic Implication and Pricing Power

As a key export commodity, Mexico's Crude Oil faces pricing power dictated by international market fluctuations, with limited ability to command premiums due to its bulk nature. Regulatory changes, such as customs reforms [HK Law], may introduce additional compliance steps but do not alter the fundamental commodity dynamics, urging exporters to focus on cost efficiency and market timing for the 2025 June period.

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

Geographic Concentration and Dominant Role

Mexico's Crude Oil exports in June 2025 show strong concentration, with CUBA as the dominant partner, accounting for 40.63% of export value and 35.54% of weight. The higher value ratio compared to weight ratio suggests CUBA receives higher-value crude, possibly due to premium quality or favorable trade terms. The United States follows closely, with 30.46% value share but 33.53% weight share, indicating slightly lower value per kilogram, around 0.42 USD/kg based on data, which might reflect standard-grade crude. This pattern for Mexico Crude Oil HS Code 2709 Export 2025 June highlights CUBA's role as a key high-value market.

Partner Countries Clusters and Underlying Causes

The top partners form two clear clusters: first, CUBA and the United States, which together handle over 70% of exports, likely driven by geographic proximity and existing trade agreements that facilitate large-volume shipments. Second, European nations like Spain and Italy, with smaller shares but Italy's higher value per weight (4.16% value vs. 4.04% weight) points to targeted demand for specific crude blends. India represents a smaller, emerging market cluster with balanced ratios, possibly due to growing energy needs and competitive pricing.

Forward Strategy and Supply Chain Implications

For market players, reliance on CUBA and the US poses supply chain risks, such as geopolitical shifts or demand changes. Diversifying into European and Asian markets could mitigate this, but must account for Mexico's regulatory environment, where [FreightAmigo] notes Crude Oil's dominance under HS Code 2709, and (FreightAmigo) highlights ongoing import restrictions on fuels. Exporters should monitor policies like automatic export notices, though crude is not currently listed, to avoid disruptions in Mexico Crude Oil HS Code 2709 Export 2025 June.

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

Buyer Market Concentration and Dominance

In June 2025, the Mexico Crude Oil Export market for HS Code 2709 shows extreme concentration, with one group of buyers dominating over 90% of the trade value. This cluster, consisting of high-value and high-frequency purchasers like PEMEX, handles nearly all transactions, making the market highly reliant on a few key players. The four segments of buyers reveal that bulk, regular shipments define the overall trade flow for crude oil during this period.

Strategic Buyer Clusters and Trade Role

The other buyer segments play minimal roles. High-value but infrequent buyers and low-value but frequent buyers show no activity, indicating no niche or spot market presence. A small cluster of low-value and low-frequency buyers, including companies like P.M.I. COMERCIO INTERNACIONAL, accounts for less than 10% of value, representing occasional or smaller-scale purchases that don't significantly impact the market structure.

Sales Strategy and Vulnerability

For exporters in Mexico, the strategy must focus on maintaining strong relationships with the dominant high-value buyers to ensure steady revenue. The high dependence on few buyers poses a risk if demand shifts, but the lack of new export restrictions for HS Code 2709, as noted in Expeditors' report, suggests stable export processes. Sales should prioritize long-term contracts and volume-based models to align with the commodity nature of crude oil.

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

Strategic Supply Chain Overview

Mexico Crude Oil Export 2025 June under HS Code 2709 operates as a bulk commodity. Price is driven by crude grade (higher or standard) and alignment with global oil indices. Supply chain implications include high reliance on key buyers like PEMEX and concentrated geographic flows to Cuba and the US. This creates vulnerability to demand shifts or geopolitical changes. Mexico’s role remains a supplier of raw material, with minimal value-added processing.

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

• Negotiate long-term volume contracts with dominant high-value buyers to secure stable revenue and reduce exposure to spot market volatility.
• Use HS Code sub-category data (e.g., 2709000503 for premium crude) to target buyers in markets like Italy willing to pay higher prices for specific grades.
• Monitor Cuba and US import policies monthly to anticipate demand changes and avoid supply chain disruptions from single-market dependence.
• Track regulatory updates from sources like Expeditors and FreightAmigo to ensure compliance with Mexican export procedures and prevent customs delays.

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 June?

The June 2025 surge in Mexico's crude oil exports—a 38% value increase and 15% price rebound—reflects seasonal demand recovery after refinery maintenance cycles, aligning with global summer market trends.

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

CUBA (40.6% of export value) and the United States (30.5%) dominate, followed by European markets like Italy (4.2%), with CUBA receiving higher-value crude.

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

Price variations stem from grade differences: higher-value crude (e.g., 0.50 USD/kg for sub-code 2709000503) ships to CUBA, while standard-grade (0.42–0.46 USD/kg) goes to the US and others.

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

Exporters must prioritize long-term contracts with dominant buyers like PEMEX (90% of trade) and monitor geopolitical risks tied to over-reliance on CUBA and the US.

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

CUBA and the US benefit from stable bulk supply, while European/Asian buyers access niche grades, though all face price volatility from Mexico’s commodity-driven market.

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

Mexico’s crude exports function as raw materials for refining, with minimal processing, tied to global oil indices rather than value-added differentiation.

Q7. What is yTrade?

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