Mexico Petroleum Oils HS271019 Export Data 2025 May Overview

Mexico’s petroleum oils (HS Code 271019) exports in May 2025 were 47.37% concentrated in the U.S. market, per yTrade data, highlighting premium-grade reliance and low geographic risk.

Mexico Petroleum Oils (HS 271019) 2025 May Export: Key Takeaways

Mexico’s petroleum oils (HS Code 271019) exports in May 2025 are heavily concentrated in the high-value U.S. market, which accounts for 47.37% of export value, reflecting premium-grade refined products. The U.S. dominance highlights low geographic risk, while Panama serves as a secondary hub for volume-driven, lower-grade shipments. Buyer concentration remains high, with the U.S. absorbing nearly half of all exports, underscoring reliance on a single premium market. This analysis, covering May 2025, is based on cleanly processed Customs data from the yTrade database.

Mexico Petroleum Oils (HS 271019) 2025 May Export Background

What is HS Code 271019?

HS Code 271019 classifies petroleum oils and oils obtained from bituminous minerals, excluding crude oil, with a minimum 70% concentration of these oils. These products are critical for industries like automotive, manufacturing, and energy due to their use in lubrication and fuel applications. Global demand remains stable, driven by industrial activity and transportation needs.

Current Context and Strategic Position

Mexico’s Ministry of Economy recently introduced an "Automatic Export Notice" requirement for select goods, effective June 2025, though petroleum oils under HS Code 271019 are not explicitly listed [Expeditors]. Mexico remains a key exporter of petroleum products, with HS Code 271019 playing a significant role in its trade landscape. As global trade dynamics evolve, exporters must monitor regulatory updates and ensure compliance with Mexico’s 2025 customs and tariff frameworks. Vigilance is essential to navigate potential shifts in trade policies or market conditions.

Mexico Petroleum Oils (HS 271019) 2025 May Export: Trend Summary

Key Observations

In May 2025, Mexico's exports of Petroleum oils under HS Code 271019 reached 1.49 billion USD in value and 2.44 billion kg in volume, highlighting a strong performance despite mixed monthly trends.

Price and Volume Dynamics

Compared to April, value surged by 16.4% while volume dropped 21.5%, suggesting higher unit prices likely driven by global oil market fluctuations or seasonal demand patterns in energy exports. Over the first five months of 2025, value trends upward from January's 945.28 million USD, indicating resilient export momentum despite volume volatility, typical for petroleum products influenced by industrial cycles and pricing shifts.

External Context and Outlook

This stability aligns with Mexico's trade environment, where the new Automatic Export Notice requirement effective June 4, 2025, excludes HS Code 271019 products [Expeditors], reducing regulatory hurdles. Ongoing global demand for petroleum oils and potential policy updates under Mexico's 2025 trade adjustments (FreightAmigo) support a cautiously optimistic outlook for continued export strength.

Mexico Petroleum Oils (HS 271019) 2025 May Export: HS Code Breakdown

Product Specialization and Concentration

In May 2025, Mexico's export of Petroleum oils under HS Code 271019 is dominated by the sub-code for non-light petroleum oils and preparations, which accounts for the majority of value and weight. According to yTrade data, this sub-code has a unit price of 0.73 USD per kilogram, significantly higher than some lower-priced variants, indicating a specialization in medium-grade oils. A few sub-codes with unit prices above 1.30 USD per kilogram are isolated as anomalies, suggesting niche or high-value products that do not represent the main market.

Value-Chain Structure and Grade Analysis

The non-anomalous sub-codes can be grouped into two categories: lower-grade bulk oils with unit prices around 0.30 USD per kilogram, and standard medium-grade oils with unit prices between 0.40 and 0.75 USD per kilogram. This structure points to a trade in fungible bulk commodities, where products are largely undifferentiated and prices are likely tied to global petroleum indices, rather than value-added manufacturing.

Strategic Implication and Pricing Power

For Mexico Petroleum oils HS Code 271019 Export in 2025 May, the bulk commodity nature means limited pricing power for exporters, with profits driven by volume and operational efficiency. Strategic focus should be on optimizing supply chains and monitoring global oil price fluctuations to maintain competitiveness. [Expeditors] notes that no automatic export permits are required, reducing administrative barriers but not significantly altering market dynamics.

Check Detailed HS 271019 Breakdown

Mexico Petroleum Oils (HS 271019) 2025 May Export: Market Concentration

Geographic Concentration and Dominant Role

The United States is the clear dominant market for Mexico's petroleum oils exports in May 2025, accounting for 47.37% of the value and 43.55% of the weight shipped. The higher value ratio compared to weight ratio suggests that exports to the US consist of higher-grade petroleum products, likely refined oils with greater value per kilogram. This pattern aligns with Mexico Petroleum oils HS Code 271019 Export 2025 May data, indicating a focus on premium markets.

Partner Countries Clusters and Underlying Causes

Two main clusters emerge: first, the US and Mexico (as a destination, possibly for re-exports or internal logistics) with high value shares, driven by geographic proximity and established trade routes. Second, Panama shows high quantity (19.14% of weight) but lower value (10.99%), implying it may serve as a transshipment hub or handle lower-grade oils. The remaining countries, like Colombia and Costa Rica, have minimal shares, reflecting smaller regional demand or niche uses.

Forward Strategy and Supply Chain Implications

For Mexican exporters, prioritizing the US market is key due to its high value absorption, while monitoring Panama for volume opportunities. Supply chains should ensure efficient logistics to maintain cost competitiveness. Notably, [Expeditors] reports no new export restrictions for HS Code 271019, allowing continued unfettered access to these markets in 2025.

Table: Mexico Petroleum Oils (HS 271019) Top Partner Countries (Source: yTrade)

CountryValueQuantityFrequencyWeight
UNITED STATES707.66M1.06B719.001.06B
MEXICO588.15M809.45M45.00802.86M
PANAMA164.17M446.66M89.00444.88M
COLOMBIA6.65M2.11M549.0015.56M
COSTA RICA4.67M3.20M662.0016.47M
GUATEMALA************************

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Mexico Petroleum Oils (HS 271019) 2025 May Export: Buyer Cluster

Buyer Market Concentration and Dominance

In May 2025, the Mexico Petroleum oils Export market for HS Code 271019 shows extreme concentration among four segments of buyers. According to yTrade data, buyers who consistently place high-value and high-frequency orders dominate, holding 99.94% of the total export value. This group, with thousands of transactions and billions in value, defines the market as one where a small number of large-scale purchasers control nearly all trade activity for this commodity.

Strategic Buyer Clusters and Trade Role

The remaining buyer groups play minor but distinct roles. Buyers with high-value but infrequent orders likely represent occasional bulk deals or specialized needs, such as emergency replenishments. Those with low-value but high-frequency purchases might be smaller users, like industrial clients with steady but modest consumption. The low-value and low-frequency group could include trial orders or niche applications, indicating minimal market penetration or experimental use.

Sales Strategy and Vulnerability

For exporters in Mexico, the heavy reliance on a few major buyers necessitates a strategic focus on maintaining strong relationships and ensuring supply chain reliability. The risk of market disruption from losing a key client is high, but opportunities exist in exploring secondary clusters for diversification. The sales model should prioritize long-term contracts and bulk logistics. Recent regulatory changes, such as Mexico's new export notice requirements that do not specifically target petroleum oils [Expeditors], suggest reduced immediate compliance burdens, allowing exporters to concentrate on core buyer management.

Table: Mexico Petroleum Oils (HS 271019) Key Buyer Companies (Source: yTrade)

Buyer CompanyValueQuantityFrequencyWeight
PETROLEOS MEXICANOS1.45B2.31B71.002.29B
LUBRICANTES DE AMERICA SA DE CV6.22M2.39M296.008.35M
RALOY LUBRICANTES SA DE CV4.81M2.58M716.0022.92M
EXXONMOBIL MEXICO SA DE CV************************

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Mexico Petroleum Oils (HS 271019) 2025 May Export: Action Plan for Petroleum Oils Market Expansion

Strategic Supply Chain Overview

Mexico Petroleum oils Export 2025 May for HS Code 271019 operates as a bulk commodity market. Price is driven by global oil indices and product grade, not value-added features. The extreme buyer concentration in high-value, high-frequency clients creates volume-based revenue but high client loss risk. The US market absorbs nearly half of exports at premium prices, while Panama serves as a high-volume, lower-value hub. Supply chains must prioritize logistics efficiency and grade segregation to protect margins. No new export restrictions simplify market access but do not change core dynamics.

Action Plan: Data-Driven Steps for Petroleum oils Market Execution

  • Track US-bound shipments daily using trade data to align with premium pricing windows. This captures maximum value from Mexico's top market.
  • Analyze buyer order frequency to anticipate contract renewals and avoid volume gaps. This secures relationships with dominant high-frequency clients.
  • Monitor Panama shipments for volume surges and adjust logistics for cost efficiency. This maximizes throughput from the key volume hub.
  • Segment export grades by destination using HS Code 271019 sub-codes to match product to market price. This prevents value leakage from misallocated shipments.
  • Diversify into minor buyer clusters with targeted offers to reduce dependency on major clients. This builds resilience against client concentration risks.

Take Action Now —— Explore Mexico Petroleum oils Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Mexico Petroleum oils Export 2025 May?

The surge in export value (+16.4%) despite a volume drop (-21.5%) reflects higher unit prices, likely tied to global oil market fluctuations or seasonal demand shifts, as seen in the May 2025 data.

Q2. Who are the main partner countries in this Mexico Petroleum oils Export 2025 May?

The U.S. dominates with 47.37% of export value, followed by Panama (10.99% value, 19.14% weight), suggesting a dual focus on premium markets and transshipment hubs.

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

Price differences stem from product grade variations: the U.S. receives higher-value medium-grade oils (0.40–0.75 USD/kg), while Panama handles lower-grade bulk commodities (~0.30 USD/kg).

Q4. What should exporters in Mexico focus on in the current Petroleum oils export market?

Exporters must prioritize high-volume contracts with dominant U.S. buyers (99.94% market share) while optimizing supply chains to offset limited pricing power in this bulk commodity trade.

Q5. What does this Mexico Petroleum oils export pattern mean for buyers in partner countries?

U.S. buyers benefit from stable high-grade supply, while Panama serves as a cost-effective hub for bulk shipments, with minimal regulatory barriers for both markets.

Q6. How is Petroleum oils typically used in this trade flow?

The exports are primarily fungible bulk commodities, used for industrial energy needs or refining, with niche high-value variants likely serving specialized applications.

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-export 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
  • 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.

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