Mexico Fuel Oil HS2710 Export Data 2025 Q1 Overview
Mexico Fuel Oil (HS 2710) 2025 Q1 Export: Key Takeaways
Mexico’s Fuel Oil exports under HS Code 2710 in 2025 Q1 reveal a bulk commodity trade dominated by the U.S., which accounted for 65% of volume and 64% of value, with regional neighbors like Guatemala and El Salvador forming a secondary cluster of steady, smaller shipments. The market shows stable pricing and demand, with no significant volatility, while buyer concentration remains high due to the U.S.’s overwhelming share. This analysis, covering 2025 Q1, is based on cleanly processed Customs data from the yTrade database.
Mexico Fuel Oil (HS 2710) 2025 Q1 Export Background
Mexico Fuel Oil (HS Code 2710), covering petroleum oils from bituminous minerals (excluding crude), other oils, and waste oil, is a critical energy product for industries like shipping, power generation, and manufacturing due to its stable global demand. In 2025 Q1, Mexico’s exports of these refined oils face new regulatory shifts, including a mandatory automatic export notice system for certain goods, though it’s unclear if HS 2710 is directly affected [FreightAmigo]. As a key exporter, Mexico’s fuel oil trade remains vital, balancing domestic policies and international market needs.
Mexico Fuel Oil (HS 2710) 2025 Q1 Export: Trend Summary
Key Observations
Mexico Fuel Oil HS Code 2710 Export 2025 Q1 showed strong growth, with total value rising sharply from January’s $945.71M to $1.22B in February before a slight pullback in March. The most notable trend was the consistent increase in unit price, climbing from $0.38/kg to $0.42/kg over the quarter.
Price and Volume Dynamics
The quarter opened with solid volume of 2.49B kg in January, then expanded further in February to 3.04B kg—reflecting typical post-holiday industrial demand recovery and refinery output normalization. Although March volume eased to 2.75B kg, the continued rise in unit price indicates sustained market tightness, likely influenced by regional inventory cycles and stronger export demand ahead of the summer season.
External Context and Outlook
New regulatory measures are adding complexity to Mexico’s export landscape. The mandatory automatic export notice requirement [FreightAmigo], enforced since mid-2025, may have contributed to February’s shipment surge as exporters rushed to comply ahead of deadlines. At the same time, Mexico’s ongoing import restrictions on certain fuels (FreightAmigo) continue to support domestic refining margins, indirectly buoying export prices. These policy shifts, alongside firm global energy demand, suggest that Mexico Fuel Oil exports will remain volatile but well-supported in the near term.
Mexico Fuel Oil (HS 2710) 2025 Q1 Export: HS Code Breakdown
Product Specialization and Concentration
In 2025 Q1, Mexico's Fuel Oil exports under HS Code 2710 are heavily concentrated in sub-code 27101999, which represents petroleum oils not crude or light oils, accounting for over 33% of the export value. This sub-code dominates with a unit price of $0.40 per kilogram, aligning closely with other high-volume codes, indicating a standardized bulk product. An extreme price anomaly is present in sub-code 2710199901, isolated with a unit price of $1.65 per kilogram but only a 0.05% value share, suggesting a niche, high-grade variant not representative of the main market.
Value-Chain Structure and Grade Analysis
The non-anomalous sub-codes fall into two clear categories based on unit price and volume. The first group includes codes like 271019, 2710199905, and 2710199999, with unit prices between $0.39 and $0.43 per kilogram and high volume shares, representing standard fuel oil grades traded as fungible bulk commodities, likely linked to global oil indices. The second group, such as 2710199903 with a unit price of $0.75 per kilogram, indicates slightly differentiated, higher-grade products, but the overall structure is dominated by bulk trade with minimal value-add variation.
Strategic Implication and Pricing Power
For Mexico Fuel Oil HS Code 2710 Export 2025 Q1, the bulk-dominated structure implies limited pricing power for exporters, as prices are driven by commodity markets rather than product differentiation. Strategic focus should prioritize cost efficiency and volume management. The new mandatory automatic export notification system [HKLaw] adds compliance requirements, potentially increasing operational costs and necessitating streamlined logistics to maintain competitiveness in this high-volume, low-margin segment.
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Mexico Fuel Oil (HS 2710) 2025 Q1 Export: Market Concentration
Geographic Concentration and Dominant Role
The United States is the dominant buyer for Mexico Fuel Oil HS Code 2710 Export 2025 Q1, taking 65% of the weight and 64% of the value. The near-identical ratios confirm this is a bulk commodity trade with standard pricing. Mexico itself is the second largest destination, accounting for about a third of the volume and value.
Partner Countries Clusters and Underlying Causes
The trade forms two clear clusters. The first is Mexico's direct neighbors like Guatemala, El Salvador, and Nicaragua, which receive smaller, regular shipments, likely for regional energy needs. The second includes countries like Colombia and Costa Rica, which show high shipment frequency but very low volume per shipment, suggesting these are smaller, specialized orders rather than bulk fuel deliveries.
Forward Strategy and Supply Chain Implications
Suppliers should focus on maintaining the high-volume pipeline to the US market and the steady regional flow to neighboring countries. They must also be aware of new rules, like the mandatory automatic export notice for certain goods that began in 2025 [HKLaw], to avoid customs delays (HKLaw). For Mexico Fuel Oil HS Code 2710 Export 2025 Q1, the strategy is to prioritize large-scale logistics for major partners while efficiently managing smaller, frequent shipments to others.
| Country | Value | Quantity | Frequency | Weight |
|---|---|---|---|---|
| UNITED STATES | 2.12B | 5.20B | 1.62K | 5.20B |
| MEXICO | 1.09B | 2.74B | 116.00 | 2.73B |
| COLOMBIA | 20.11M | 7.54M | 1.81K | 69.10M |
| COSTA RICA | 11.96M | 6.58M | 1.73K | 54.89M |
| GUATEMALA | 8.20M | 4.66M | 728.00 | 14.98M |
| PANAMA | ****** | ****** | ****** | ****** |
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Mexico Fuel Oil (HS 2710) 2025 Q1 Export: Buyer Cluster
Buyer Market Concentration and Dominance
The Mexico Fuel Oil Export 2025 Q1 market, under HS Code 2710, is overwhelmingly concentrated in one segment of buyers. These buyers account for 99.84% of the total export value, with a 93.13% share of all shipments. This group represents the core of the trade, handling nearly all volume and value.
Strategic Buyer Clusters and Trade Role
The other three segments of buyers play minor roles. A small set of buyers makes infrequent but large purchases, contributing just 0.12% of value. Another group makes many small shipments, accounting for only 0.02% of value. The final set makes few and small purchases, adding 0.03% of value. These groups likely represent occasional bulk buyers, small-scale distributors, or spot market participants.
Sales Strategy and Vulnerability
Exporters should focus almost entirely on the dominant high-volume buyers. The extreme concentration creates risk if any major buyer changes plans. The sales model must prioritize reliable, large-scale logistics. New Mexican rules for automatic export notices, effective from July 2025 [HKLaw], mean compliance is essential to avoid delays. Ongoing import restrictions on certain fuels (HKLaw) could also affect export supply chains, adding another layer of operational risk.
| Buyer Company | Value | Quantity | Frequency | Weight |
|---|---|---|---|---|
| PEMEX TRANSFORMACION INDUSTRIAL EPS | 2.78B | 6.99B | 220.00 | 7.01B |
| PETROLEOS MEXICANOS | 378.32M | 891.18M | 25.00 | 858.45M |
| LUBRICANTES DE AMERICA SA DE CV | 19.84M | 8.38M | 914.00 | 33.51M |
| RALOY LUBRICANTES SA DE CV | ****** | ****** | ****** | ****** |
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Mexico Fuel Oil (HS 2710) 2025 Q1 Export: Action Plan for Fuel Oil Market Expansion
Strategic Supply Chain Overview
Mexico Fuel Oil Export 2025 Q1 under HS Code 2710 operates as a bulk commodity market. Price is driven by global oil indices and basic product grade, not differentiation. The market shows extreme concentration in high-volume buyers and the US destination. This creates price volatility risk and dependency on few partners. Supply chains must prioritize large-scale, cost-efficient logistics. New Mexican automatic export notice rules add compliance complexity, requiring streamlined operations to avoid delays and protect margins.
Action Plan: Data-Driven Steps for Fuel Oil Market Execution
- Monitor real-time HS Code 2710 sub-category prices to spot premium grade opportunities, because niche products like 2710199901 offer higher margins despite low volume.
- Use shipment frequency data to forecast demand cycles from key US buyers, ensuring inventory aligns with their purchase patterns and preventing costly overstock or shortages.
- Automate customs documentation for the new mandatory automatic export notices, reducing manual errors and avoiding shipment delays under Mexico's 2025 compliance rules.
- Analyze port logistics data for US-bound and regional shipments separately, optimizing vessel capacity and routing to cut transport costs per ton for this high-volume trade.
- Develop a risk mitigation plan targeting alternative buyers in neighboring countries, diversifying reliance on the dominant US market and protecting against sudden demand shifts.
Take Action Now —— Explore Mexico Fuel Oil Export Data
Frequently Asked Questions
Q1. What is driving the recent changes in Mexico Fuel Oil Export 2025 Q1?
The sharp rise in unit price (from $0.38/kg to $0.42/kg) and February’s shipment surge reflect post-holiday demand recovery, refinery output normalization, and regulatory changes like Mexico’s new mandatory export notification system.
Q2. Who are the main partner countries in this Mexico Fuel Oil Export 2025 Q1?
The U.S. dominates with 65% of volume and 64% of value, followed by Mexico itself at ~30%. Smaller regional buyers like Guatemala and El Salvador receive regular but minor shipments.
Q3. Why does the unit price differ across Mexico Fuel Oil Export 2025 Q1 partner countries?
Price differences stem from product grade variations: bulk-standard fuel oils trade at $0.39–$0.43/kg, while niche high-grade variants (e.g., sub-code 2710199903) command $0.75/kg but represent minimal volume.
Q4. What should exporters in Mexico focus on in the current Fuel Oil export market?
Exporters must prioritize high-volume buyers (99.84% of trade value) and streamline logistics to comply with Mexico’s new automatic export notice rules, which add operational complexity.
Q5. What does this Mexico Fuel Oil export pattern mean for buyers in partner countries?
U.S. buyers benefit from stable bulk supply, while smaller regional buyers face reliance on Mexico’s export logistics. The extreme buyer concentration creates supply chain vulnerability for all partners.
Q6. How is Fuel Oil typically used in this trade flow?
Fuel Oil exports are primarily bulk commodities for energy generation or industrial use, with standardized grades linked to global oil indices and minimal value-add differentiation.
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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- Monitor competitor previous trade activity
- Reduce sourcing and compliance risk with worldwide export data
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- 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
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- Basic compliance with background checks and sanctions risk screening
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- 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 HS2710 Export Snapshot 2025 JAN
Mexico Fuel Oil HS2710 Export Data 2025 May Overview
Mexico Fuel Oil (HS Code 2710) Export in May 2025 shows U.S. dominance at $0.67/kg, double Panama's rate, with new regulations adding compliance steps—verified by yTrade.
Mexico Fuel Oil HS2710 Export Data 2025 Q2 Overview
Mexico Fuel Oil (HS Code 2710) Export in 2025 Q2 shows U.S. dominance (50% share) and Mexico as second buyer, with Cuba paying premium prices, per yTrade data.
