Mexico Crude Oil HS2709 Export Data 2025 Q2 Overview

Mexico Crude Oil (HS 2709) 2025 Q2 Export: Key Takeaways

Mexico's Crude Oil Export (HS Code 2709) in Q2 2025 shows heavy reliance on the U.S., absorbing 38% of volume but at slightly lower value ratios, confirming standard-grade shipments. The market remains concentrated, with Cuba emerging as a premium-grade buyer, while Spain and others balance demand. Exporters must prioritize compliance with Mexico’s new Automatic Export Notice to avoid disruptions. This analysis covers Q2 2025, sourced from cleanly processed Customs data in the yTrade database.

Mexico Crude Oil (HS 2709) 2025 Q2 Export Background

Mexico's Crude Oil (HS Code 2709: Petroleum crude oil from bituminous minerals) fuels global industries like energy and transportation, maintaining steady demand due to its essential role in refining. In Q2 2025, Mexico introduced an Automatic Export Notice requirement for HS 2709, tightening oversight of crude oil shipments to improve transparency [Expeditors]. As the U.S.’s top crude supplier, Mexico’s 2025 exports under HS 2709 remain critical, accounting for nearly half of its total export value to key markets.

Mexico Crude Oil (HS 2709) 2025 Q2 Export: Trend Summary

Key Observations

Mexico's Crude Oil exports under HS Code 2709 in 2025 Q2 demonstrated robust volume growth but faced unit price pressure, with a notable rebound in June following a May dip. Export volume surged by approximately 13.6% quarter-over-quarter, while the average unit price declined, reflecting heightened market activity amid regulatory anticipation.

Price and Volume Dynamics

Quarter-over-quarter, export volume increased from 27.27B units in Q1 to 30.98B units in Q2, driven by a June spike to 11.30B units. However, the average unit price fell by about 7.3% to 0.431 USD/kg, contrary to typical crude oil cycles where price often correlates with demand surges. This divergence suggests industry players accelerated shipments ahead of regulatory changes, overshadowing seasonal stock replenishment patterns.

External Context and Outlook

The June export surge aligns with Mexico's implementation of the Automatic Export Notice for HS Code 2709, effective June 4, 2025 [Expeditors], which likely prompted exporters to rush shipments to avoid initial compliance hurdles. This policy aims to improve data transparency but introduced short-term volatility. Looking forward, Mexico Crude Oil HS Code 2709 Export 2025 Q2 trends may stabilize as adaptation progresses, though global price pressures and domestic production shifts could influence ongoing fluctuations.

Mexico Crude Oil (HS 2709) 2025 Q2 Export: HS Code Breakdown

Product Specialization and Concentration

In 2025 Q2, Mexico's Crude Oil exports under HS Code 2709 are heavily concentrated in the sub-code 270900, which holds a 33.33% value share at 4.45 billion dollars. This product, petroleum oils crude, has a unit price of 0.43 dollars per kilogram, reinforcing its position as the primary bulk commodity without extreme price variations.

Value-Chain Structure and Grade Analysis

The other sub-codes fall into three clear groups based on unit price: standard grade at 0.43 dollars per kilogram, lower grade at 0.39 dollars per kilogram, and higher grade at 0.49 dollars per kilogram. This grading system confirms that Mexico's Crude Oil is traded as a fungible bulk commodity, with prices closely linked to global market indices rather than value-added processing.

Strategic Implication and Pricing Power

Market players face limited pricing power due to the commodity nature, though higher grades command slight premiums. The introduction of an Automatic Export Notice for HS Code 2709, as mandated by Mexico's Ministry of Economy [Expeditors], requires exporters to manage additional compliance, potentially impacting timing and costs for Mexico Crude Oil HS Code 2709 Export 2025 Q2.

Check Detailed HS 2709 Breakdown

Mexico Crude Oil (HS 2709) 2025 Q2 Export: Market Concentration

Geographic Concentration and Dominant Role

In Q2 2025, Mexico's Crude Oil HS Code 2709 Export is highly concentrated, with the UNITED STATES as the dominant importer, accounting for 37.76% of weight and 35.99% of value. The slightly lower value ratio compared to weight ratio (35.99 vs. 37.76) suggests that crude oil shipped to the US is of a standard or lower grade, with a consistent unit price around estimated market rates.

Partner Countries Clusters and Underlying Causes

The importers form three clusters: first, the US and MEXICO (with high volume and similar ratios, likely due to geographic proximity and trade agreements under USMCA); second, CUBA (showing a higher value ratio of 16.35 vs. weight ratio 13.49, indicating possible premium crude grades tied to specific bilateral deals); and third, Spain and others (with moderate volumes and balanced ratios, reflecting diverse European and Asian market demand).

Forward Strategy and Supply Chain Implications

Exporters should prioritize regulatory compliance with Mexico's new Automatic Export Notice for HS 2709, effective since June 2025 [Expeditors], to avoid disruptions. Diversifying beyond the US-heavy reliance can mitigate risks, leveraging clusters like Cuba for higher-value opportunities while monitoring policy changes from sources like FreightAmigo.

Get Complete Partner Countries Profile

Mexico Crude Oil (HS 2709) 2025 Q2 Export: Buyer Cluster

Buyer Market Concentration and Dominance

In the Mexico Crude Oil Export for 2025 Q2, the buyer market for HS Code 2709 is heavily concentrated, with one segment of buyers dominating the trade. This group, characterized by high purchase value and frequent transactions, accounts for over 92% of the total export value and 94% of shipment frequency. The median market behavior shows consistent, large-scale purchases, with this cluster handling 177.17 million units in quantity across 365 shipments. The four segments of buyers reveal a market where a few major players drive most of the activity.

Strategic Buyer Clusters and Trade Role

The other buyer segments show minimal activity. Two segments have no recorded transactions, indicating no presence of buyers with high value but low frequency or low value but high frequency patterns. The only other active segment consists of buyers with low purchase value and infrequent transactions, representing about 8% of the value and 6% of frequency. For a commodity like crude oil, this likely includes smaller or occasional importers, such as regional distributors or companies with sporadic needs, unlike the dominant large-scale, regular buyers.

Sales Strategy and Vulnerability

For exporters in Mexico, the focus should be on maintaining strong relationships with the dominant high-value, high-frequency buyers, as they are the core revenue source. The high concentration poses a risk if any major buyer reduces orders, but it also simplifies supply chain management. The recent implementation of an Automatic Export Notice for crude oil, as reported by [Expeditors], requires exporters to comply with new reporting rules, which could streamline processes with regular buyers but add complexity for smaller, infrequent transactions. Sales models should prioritize reliability and compliance to leverage the stable demand from key clients.

Check Full Crude Oil Buyer lists

Mexico Crude Oil (HS 2709) 2025 Q2 Export: Action Plan for Crude Oil Market Expansion

Strategic Supply Chain Overview

The Mexico Crude Oil Export 2025 Q2 under HS Code 2709 operates as a bulk commodity. Price is driven by global market indices and slight grade-based premiums. The United States dominates as the primary buyer. Supply chain implications focus on supply security and regulatory compliance. Mexico must manage the new Automatic Export Notice to avoid disruptions.

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

• Prioritize compliance with the Automatic Export Notice for all HS Code 2709 shipments. Use automated reporting tools to submit required data pre-shipment. This prevents customs delays and maintains flow to major buyers.
• Strengthen relationships with high-value, high-frequency US buyers through contract reliability. Monitor their purchase cycles using trade data. This secures the core revenue stream and ensures stable demand.
• Diversify export destinations by targeting premium-grade opportunities like Cuba. Analyze unit price data to identify markets paying higher rates. This reduces over-reliance on the US and captures value upside.
• Implement grade-based pricing strategies using HS sub-code analysis. Adjust offers based on real-time quality differentials. This maximizes returns from higher-grade crude without losing volume buyers.

Final Word

Success in the Mexico Crude Oil Export 2025 Q2 for HS Code 2709 depends on regulatory agility and data-led buyer management. Use trade intelligence to navigate this concentrated market.

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 Q2?

The Q2 surge in export volume (up 13.6% quarter-over-quarter) was driven by accelerated shipments ahead of Mexico's June 2025 Automatic Export Notice implementation, which introduced compliance requirements. Despite higher volumes, unit prices fell 7.3%, reflecting market anticipation rather than demand-driven pricing.

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

The UNITED STATES dominates, accounting for 35.99% of export value, followed by MEXICO (likely re-exports) and CUBA, where higher value-to-weight ratios suggest premium-grade shipments.

Q3. Why does the unit price differ across Mexico Crude Oil Export 2025 Q2 partner countries?

Price differences stem from grade variations: standard/lower grades average $0.43/kg (e.g., US shipments), while higher grades (e.g., Cuba) reach $0.49/kg, reflecting fungible bulk commodity pricing tied to global indices.

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

Exporters must prioritize relationships with dominant high-value buyers (92% of trade) while complying with the new Automatic Export Notice. Diversifying beyond US reliance (e.g., leveraging Cuba’s premium-grade demand) can mitigate concentration risks.

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

US buyers benefit from stable, large-scale shipments at standard prices, while niche markets like Cuba access higher-grade crude. Smaller buyers face tighter margins due to infrequent transactions and regulatory complexity.

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

Crude Oil (HS 2709) is traded as a bulk commodity, primarily for refining into fuels or petrochemical feedstocks, with pricing closely tied to global benchmarks rather than processing value.

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.

Detailed Monthly Report

Mexico HS2709 Export Snapshot 2025 APR

Mexico HS2709 Export Snapshot 2025 MAY

Mexico HS2709 Export Snapshot 2025 JUN