Peru Canned Vegetables HS2005 Export Data 2025 April Overview

Peru Canned Vegetables (HS 2005) 2025 April Export: Key Takeaways

Peru's Canned Vegetables (HS Code 2005) Export in 2025 April reveals a high-value market dominated by Spain and the US, which together account for 79% of export value, paying premium prices for quality products. Buyer concentration is high, with just two markets driving nearly all demand, creating significant market risk. The EU and Americas clusters benefit from trade agreements, while distant markets like Australia import niche products. This analysis covers the 2025 April period and is based on cleanly processed Customs data from the yTrade database.

Peru Canned Vegetables (HS 2005) 2025 April Export Background

Peru’s Canned Vegetables (HS Code 2005)—covering vegetables preserved without vinegar—are a staple for global food retail and hospitality, with steady demand due to shelf stability and convenience. The 2025 HS Code mandate [FreightAmigo] and updated EU trade rules [Taxation-Customs] add complexity, but Peru’s agro-export growth and preferential tariffs under the US-Peru Trade Agreement [USITC] position it as a key April 2025 supplier.

Peru Canned Vegetables (HS 2005) 2025 April Export: Trend Summary

Key Observations

Peru Canned Vegetables HS Code 2005 Export performance in 2025 April showed a sharp 10.3% month-over-month drop in unit price to $2.18/kg, even as export volume surged 15.4% to 31.09M kg. This divergence between price and volume highlights significant market pressure during the period.

Price and Volume Dynamics

The April volume rebound to 31.09M kg reversed the previous month’s contraction, reflecting typical post-harvest processing and export cycles for canned vegetables. While quarterly export value remained stable near $67.9M, the unit price decline from $2.43/kg in March indicates either increased competitive pricing or cost absorption by exporters. This pattern aligns with seasonal processing peaks where higher supply volumes often temporarily dilute per-unit returns before stabilizing.

External Context and Outlook

The April price volatility coincides directly with the [US imposition of a 10% baseline tariff on all trading partners] effective April 5, 2025. Peruvian exporters likely faced immediate pressure to discount prices to maintain competitiveness in the US market, their key export destination. Concurrent HS code updates under the EU-Peru Trade Agreement add compliance complexity but did not disrupt trade flows. Expect continued price sensitivity as exporters adapt to the new tariff environment while leveraging seasonal supply advantages.

Peru Canned Vegetables (HS 2005) 2025 April Export: HS Code Breakdown

Product Specialization and Concentration

In April 2025, Peru's canned vegetables exports under HS Code 2005 are dominated by mixed vegetable preparations, with the sub-code for unspecified vegetable mixtures (HS 2005993110) accounting for over 25% of the export value. This product, described as vegetable preparations not made with vinegar or acetic acid and not frozen, has a unit price of 2.29 USD per kilogram. Two sub-codes with extreme unit prices, such as beans at 7.45 USD per kilogram and another mixture at 1.25 USD per kilogram, are isolated due to their very low volumes and are excluded from the main analysis.

Value-Chain Structure and Grade Analysis

The non-anomalous sub-codes fall into two groups: bulk mixed vegetable preparations with unit prices between 1.67 and 2.72 USD per kilogram, and specific vegetable types like asparagus, olives, and potatoes with unit prices up to 3.18 USD per kilogram. This shows a mix of fungible bulk commodities and more differentiated, higher-value goods, reflecting different stages of processing and quality.

Strategic Implication and Pricing Power

For exporters, the bulk nature of most products limits pricing power, while specialized items like potatoes can command better margins. The new HS code mandate effective in 2025 requires accurate classification for all shipments [ePost Global Shipping], which may increase compliance costs but ensure smoother trade flows for Peru's canned vegetables exports.

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Peru Canned Vegetables (HS 2005) 2025 April Export: Market Concentration

Geographic Concentration and Dominant Role

Peru's Canned Vegetables HS Code 2005 Export in 2025 April shows two dominant buyers: Spain and the United States together handle over 79% of total export value. Spain leads with a 41.78% value share on 38.82% of the weight, while the US follows with 37.62% value on 41.24% weight. The higher value ratios compared to weight ratios for both countries indicate they pay a premium unit price, suggesting they import higher-grade or branded canned products rather than basic commodities.

Partner Countries Clusters and Underlying Causes

The importers form three clear clusters. The first is the EU bloc (Spain, France, Germany), likely benefiting from the updated EU-Peru Trade Agreement which simplifies rules of origin [European Commission]. The second is the Americas cluster (US, Canada, Brazil, Chile), where the US-Peru Trade Promotion Agreement provides tariff advantages, though new US baseline tariffs may affect costs (EY Tax News). A third group includes smaller, distant markets like Australia and the UK, which likely import niche or specialty products despite higher logistics costs.

Forward Strategy and Supply Chain Implications

Exporters must prioritize compliance with the new HS code mandate effective September 2025, ensuring accurate classification for all shipments to avoid delays [ePost Global Shipping]. The US tariff situation requires cost review for price competitiveness (EY Tax News). The heavy reliance on Spain and the US suggests a need to diversify within the EU and explore other Latin American markets like Chile and Brazil to spread risk and capitalize on existing trade agreements. Supply chains should focus on maintaining quality to justify the premium pricing in key markets.

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Peru Canned Vegetables (HS 2005) 2025 April Export: Action Plan for Canned Vegetables Market Expansion

Strategic Supply Chain Overview

The Peru Canned Vegetables Export 2025 April analysis for HS Code 2005 reveals a market driven by two key price factors. Product type dictates price: bulk mixed vegetables trade at lower margins, while specialized items like asparagus or potatoes command premium prices. Buyer contract volume is the second driver, with a few large, frequent buyers setting the market tempo. This creates significant supply chain implications. Exporters must ensure consistent quality to justify higher prices in key markets like the US and Spain. They also face compliance risks from the new HS code mandate and potential US tariff changes. Heavy reliance on two buyers and two geographic markets increases vulnerability to demand shifts or trade policy disruptions.

Action Plan: Data-Driven Steps for Canned Vegetables Market Execution

• Analyze HS Code 2005 sub-categories monthly to identify premium product opportunities. This allows exporters to shift production toward higher-margin items like specialty potatoes or asparagus.
• Use buyer frequency data to negotiate long-term contracts with top clients. Locking in large orders secures revenue and stabilizes production planning against market fluctuations.
• Review real-time tariff rules under the US-Peru and EU-Peru trade agreements for every shipment. This prevents cost surprises and maintains price competitiveness in dominant markets.
• Diversify export destinations by targeting smaller buyers in Latin America, such as Chile or Brazil. Expanding within regional trade blocs reduces over-reliance on Spain and the US.

Take Action Now —— Explore Peru Canned Vegetables Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Peru Canned Vegetables Export 2025 April?

The sharp 10.3% drop in unit price to $2.18/kg reflects market pressure from the US tariff hike in April 2025, while export volume surged 15.4% due to post-harvest processing cycles.

Q2. Who are the main partner countries in this Peru Canned Vegetables Export 2025 April?

Spain (41.78% of export value) and the US (37.62%) dominate, together accounting for over 79% of Peru’s canned vegetable exports.

Q3. Why does the unit price differ across Peru Canned Vegetables Export 2025 April partner countries?

Spain and the US pay premium prices for higher-grade products like specific vegetable types (e.g., asparagus, potatoes), while bulk mixed vegetable preparations trade at lower prices (1.67–2.72 USD/kg).

Q4. What should exporters in Peru focus on in the current Canned Vegetables export market?

Exporters must prioritize relationships with high-value frequent buyers (97.28% of export value) while diversifying into smaller EU and Latin American markets to reduce reliance on Spain and the US.

Q5. What does this Peru Canned Vegetables export pattern mean for buyers in partner countries?

Buyers in Spain and the US benefit from consistent high-quality supply but face competition for premium products, while niche markets (e.g., UK, Australia) can access specialty items despite higher logistics costs.

Q6. How is Canned Vegetables typically used in this trade flow?

Canned vegetables are primarily exported as bulk mixed preparations for retail or food service, with specialized products (e.g., asparagus, olives) targeting higher-end markets.