Mexico Crude Oil HS2709 Export Data 2025 May Overview

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

Mexico’s Crude Oil exports (HS Code 2709) in May 2025 reveal a market heavily reliant on the U.S., which accounted for 44% of both value and weight, signaling uniform quality and pricing. The high buyer concentration underscores dependency risk, while stable ratios suggest consistent demand. Geographic analysis highlights the U.S. as the dominant market, with secondary clusters like Spain and South Korea offering diversification potential. This analysis, covering May 2025, is based on processed Customs data from the yTrade database.

Mexico Crude Oil (HS 2709) 2025 May 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. As of May 2025, Mexico enforces existing export regulations for HS 2709, with no new restrictions announced, though accurate classification remains vital for compliance [Expeditors]. Mexico’s crude oil exports, primarily to the U.S., underscore its strategic position as a key supplier in the 2025 energy market.

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

Key Observations

In May 2025, Mexico's Crude Oil exports under HS Code 2709 experienced a notable decline, with the unit price dropping to 0.40 USD/kg, a 7% decrease from April, while export value fell by 15% to $3.76 billion.

Price and Volume Dynamics

The data reveals a peak in March 2025 for both value and volume, followed by a downward trend into May. This pattern aligns with typical crude oil market cycles, where price volatility often stems from global supply-demand shifts, such as seasonal refinery maintenance or inventory adjustments. The consecutive decreases suggest a softening market, possibly due to reduced industrial demand or increased global supply pressures affecting Mexico's export metrics.

External Context and Outlook

The impending Automatic Export Notice for certain goods, including HS Code 2709, effective June 2025 [Expeditors News], may introduce regulatory changes that could further influence Mexico Crude Oil HS Code 2709 Export dynamics in 2025. This policy shift, coupled with ongoing global energy market fluctuations, warrants close monitoring for potential impacts on trade flows and pricing stability.

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

Product Specialization and Concentration

In May 2025, Mexico's Crude Oil exports under HS Code 2709 are highly concentrated, with sub-code 270900 for crude petroleum oils dominating at a 33.33 percent value share and a unit price of 0.40 USD per kilogram. This reflects a focus on bulk, standardized commodity trade, with no extreme price anomalies observed across the sub-codes.

Value-Chain Structure and Grade Analysis

The export structure comprises general crude oil codes like 27090005 and more specific variants such as 2709000501, 2709000502, and 2709000503, which show unit price ranges from 0.37 to 0.45 USD per kilogram, indicating slight grade differentiations within the same product type. This aligns with fungible bulk commodities, where trade is largely driven by global oil indices rather than significant value-added stages.

Strategic Implication and Pricing Power

For Mexico's Crude Oil HS Code 2709 exports in May 2025, pricing power remains low due to commodity nature, tied to international market fluctuations. With no new export restrictions reported in May [Expeditors], strategies should prioritize monitoring regulatory changes and optimizing logistics for cost-effective trade.

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

Geographic Concentration and Dominant Role

In May 2025, Mexico's Crude Oil exports under HS Code 2709 were highly concentrated, with the UNITED STATES as the dominant importer, accounting for 44.23% of value and 44.24% of weight. The nearly equal value and weight ratios suggest consistent, standard-grade pricing typical for commodities, indicating that the oil shipped to the US is of uniform quality. Mexico itself shows a similar pattern, but this might reflect domestic transfers or data quirks. Other countries like Spain and South Korea have slight disparities, hinting at possible variations in oil value or contract terms.

Partner Countries Clusters and Underlying Causes

The export partners form three clear clusters based on volume and ratio patterns. The first cluster includes the US and Mexico, with high volume and balanced ratios, driven by geographic proximity and established energy trade networks. The second cluster consists of Spain and South Korea, with medium volume and minor value-weight gaps, likely due to strategic energy partnerships or specific refinery needs. The third cluster, with Netherlands and Cuba, has lower volume and more pronounced disparities, possibly representing niche markets or transit hubs for re-export.

Forward Strategy and Supply Chain Implications

For market players, the heavy reliance on the US market calls for strategies to maintain this relationship while exploring diversification into clusters like Spain or South Korea to mitigate risks. Compliance with existing regulations, such as Mexico's Automatic Export Notice for goods including HS 2709 [Expeditors News], remains critical to avoid disruptions. Supply chains should prioritize efficient logistics to the US and adapt to potential shifts in global energy demand.

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

Buyer Market Concentration and Dominance

For Mexico Crude Oil Export in 2025 May under HS Code 2709, the buyer market shows extreme concentration. One group of buyers, those making large and frequent purchases, controls over 96% of the export value. This means almost all trade comes from a few key players who buy often and in bulk. The analysis covers May 2025, and the market is defined by high-volume, regular transactions from this dominant segment among the four segments of buyers.

Strategic Buyer Clusters and Trade Role

The other buyer groups play minor roles. There are no buyers who make large but infrequent purchases. Another group includes buyers with smaller, regular orders, like GASOLINAS BIENESTAR, accounting for about 2% of value. A final group consists of occasional, low-value buyers, such as PEMEX, for specific needs, making up less than 2% of value. These clusters represent niche or supplemental trade activities in the crude oil market.

Sales Strategy and Vulnerability

Exporters in Mexico should focus on maintaining strong relationships with the dominant buyers to secure steady revenue. The high dependency on a few buyers poses a risk if demand drops. Opportunities lie in potentially engaging with smaller, frequent buyers to diversify. Compliance with new regulations, like the Automatic Export Notice effective June 2025 [Expeditors], is crucial for smooth operations. Sales should prioritize direct, bulk deals with major players.

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

Strategic Supply Chain Overview

Mexico Crude Oil Export 2025 May under HS Code 2709 operates as a bulk commodity trade. Price is driven by global oil indices and slight grade variations, not value-added processing. Supply chains prioritize high-volume logistics to the United States, which dominates imports. This creates reliance on stable US demand and efficient transport routes. Any geopolitical or regulatory shifts directly impact revenue and flow security.

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

• Monitor US buyer purchase frequency data to anticipate order cycles and align production schedules. This prevents oversupply or missed opportunities.
• Analyze minor buyer clusters (e.g., Spain, South Korea) for grade preference patterns to tailor offerings. Diversification reduces over-dependence on one market.
• Track regulatory updates like Mexico’s Automatic Export Notice for HS Code 2709 to avoid compliance delays. Smooth operations depend on adherence.
• Optimize logistics cost per kilogram for US-bound shipments using volume data. Lower costs protect margins in a price-sensitive market.
• Engage smaller frequent buyers with targeted contracts based on their historical order size. This builds a resilient secondary revenue stream.

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 May?

The unit price dropped 7% to $0.40/kg, and export value fell 15% to $3.76 billion, reflecting softening global demand or increased supply pressures typical of crude oil cycles.

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

The UNITED STATES dominates with 44.23% of export value, followed by Mexico (likely domestic transfers), Spain, and South Korea as secondary markets.

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

Minor price gaps (e.g., $0.37–0.45/kg) stem from slight grade variations under sub-codes like 2709000501–2709000503, though most trade follows standardized bulk pricing.

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

Prioritize maintaining relationships with dominant bulk buyers (96% of trade) while exploring niche buyers like GASOLINAS BIENESTAR to diversify risks.

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

The US benefits from stable, high-volume supply, while smaller markets like Spain or South Korea may leverage minor price/grade differences for tailored refinery needs.

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

Exported crude is primarily refined into fuels or petrochemicals, traded as a fungible bulk commodity tied to global oil indices.

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
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Q9. What features does yTrade offer?

yTrade provides practical, trade-focused tools including:

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