Peru Copper Wire HS7408 Export Data 2025 August Overview

Peru Copper Wire (HS 7408) 2025 August Export: Key Takeaways

Peru's Copper Wire exports (HS Code 7408) in August 2025 reveal a standardized commodity product with uniform pricing, as seen in Colombia's dominant 37.68% value share. The market faces volatility from a new 50% U.S. tariff, prompting smaller, frequent shipments. Buyer concentration is high, with Colombia and Honduras driving regional demand, while supply chains must adapt to diversify beyond tariff-affected markets. This analysis, based on cleanly processed Customs data from the yTrade database, covers August 2025 for actionable insights.

Peru Copper Wire (HS 7408) 2025 August Export Background

Peru's Copper Wire (HS Code 7408) is a critical export for electrical and construction industries, with stable global demand driven by energy transition needs. The August 2025 U.S. 50% tariff on copper imports [GHY] has forced Peru—a top copper producer—to rethink trade strategies, as its $373M copper wire exports [OEC] face new barriers. This shift highlights Peru's strategic role in global copper supply chains amid tightening trade policies.

Peru Copper Wire (HS 7408) 2025 August Export: Trend Summary

Key Observations

Peru Copper Wire HS Code 7408 Export performance in 2025 August showed a sharp decline, with export value dropping to $98.01 million, down 10.4% month-over-month, driven by lower unit prices and reduced shipment volumes.

Price and Volume Dynamics

The copper wire industry typically experiences fluctuations due to industrial demand cycles and inventory management. August's data reveals a month-over-month decrease in unit price to $9.65/kg and volume to 10.16 million units, indicating a market correction from July's peak, likely reflecting eased buying interest or stock drawdowns in key sectors like construction and electronics.

External Context and Outlook

This downturn was significantly influenced by the US imposition of a 50% tariff on copper imports effective August 1, 2025 [GHY.com], which disrupted trade flows and prompted Peru to reassess its export strategy, as noted in (Rio Times Online). The policy is expected to continue impacting Peru Copper Wire HS Code 7408 Export trends, potentially leading to shifted market destinations or adjusted production levels.

Peru Copper Wire (HS 7408) 2025 August Export: HS Code Breakdown

Product Specialization and Concentration

In August 2025, Peru's export of Copper Wire under HS Code 7408 is dominated by large-diameter refined copper wire. The sub-code for copper wire of refined copper with cross-sectional dimension exceeding 6mm holds over 80% of the export value and nearly 79% of the weight, with a unit price of 9.83 USD per kilogram, highlighting its specialized role in the market.

Value-Chain Structure and Grade Analysis

The remaining exports consist of refined copper wires with smaller dimensions and various copper alloy wires. Refined copper wires of 6mm or less have a lower unit price of 7.83 USD per kilogram, behaving like a bulk commodity. In contrast, copper alloy wires, including brass and copper-nickel types, show higher unit prices from 9.19 to 11.83 USD per kilogram, indicating differentiated, higher-value products that are not purely fungible.

Strategic Implication and Pricing Power

This structure gives Peru pricing power in large-diameter wire exports but requires attention to alloy diversification. However, the US imposition of a 50% tariff on copper imports, including wires, as reported by [GHY], may force Peru to rethink its Copper Wire HS Code 7408 export strategy for 2025 August, potentially shifting to non-US markets or higher-value products to avoid tariff impacts.

Check Detailed HS 7408 Breakdown

Peru Copper Wire (HS 7408) 2025 August Export: Market Concentration

Geographic Concentration and Dominant Role

In August 2025, Peru's Copper Wire exports under HS Code 7408 were highly concentrated, with Colombia as the dominant partner, accounting for 37.68% of the value and 37.39% of the weight. The small difference between value and weight ratios shows consistent pricing, indicating a standardized commodity product with uniform grade across markets.

Partner Countries Clusters and Underlying Causes

The top partners form two main clusters. First, Colombia and Honduras have high value and weight shares, likely due to geographic proximity and regional trade agreements facilitating easy access. Second, the United States shows high shipment frequency but lower volume per shipment, possibly due to the new 50% tariff on copper imports starting August 2025, which may have prompted smaller, more frequent orders to manage costs [GHY]. Other Latin American countries like Ecuador and Mexico represent a third cluster with steady, mid-level demand driven by local industrial needs.

Forward Strategy and Supply Chain Implications

For Peru's Copper Wire export strategy, the heavy reliance on Colombia and the US tariff impact require market diversification to reduce risk. Focusing on strengthening regional Latin American partnerships can provide stable demand. The US tariff change forces Peru to rethink its trade approach, as it may lead to reduced US market share and need for alternative markets (Riotimes). Supply chains should adapt by increasing flexibility and exploring logistics efficiencies for smaller shipments to tariff-affected regions.

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Peru Copper Wire (HS 7408) 2025 August Export: Action Plan for Copper Wire Market Expansion

Strategic Supply Chain Overview

Peru Copper Wire Export 2025 August under HS Code 7408 shows a dual market. Large-diameter refined wire acts as a bulk commodity, priced by quality and volume. Alloy wires are specialized, priced by technology and contract terms. Dominant high-value, high-frequency buyers from Colombia drive stable demand. The new US 50% tariff introduces major price risk. Supply chains must balance bulk processing for commodities with flexible assembly for alloys.

Action Plan: Data-Driven Steps for Copper Wire Market Execution

• Analyze HS Code 7408 sub-codes to prioritize high-margin alloy wires. This captures value beyond bulk pricing.
• Use buyer transaction data to lock in long-term contracts with top Colombian partners. This secures volume and stabilizes revenue.
• Monitor US shipment frequency and size to adjust logistics for tariff impact. This avoids cost penalties and inventory issues.
• Develop new buyer networks in Latin America using trade data on industrial demand. This reduces dependency on single markets.
• Track global copper indexes and alloy premiums to time spot market sales. This maximizes returns on surplus production.

Take Action Now —— Explore Peru Copper Wire Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Peru Copper Wire Export 2025 August?

The sharp 10.4% month-over-month decline in export value to $98.01 million is driven by lower unit prices ($9.65/kg) and reduced shipment volumes, exacerbated by the US 50% tariff on copper imports, disrupting trade flows.

Q2. Who are the main partner countries in this Peru Copper Wire Export 2025 August?

Colombia dominates with 37.68% of export value, followed by Honduras and the US, which shows high shipment frequency but smaller volumes due to the new tariff.

Q3. Why does the unit price differ across Peru Copper Wire Export 2025 August partner countries?

Prices vary by product grade: large-diameter refined copper wire (over 6mm) commands $9.83/kg, while smaller wires ($7.83/kg) and alloy wires ($9.19–11.83/kg) reflect bulk vs. differentiated value.

Q4. What should exporters in Peru focus on in the current Copper Wire export market?

Exporters must prioritize relationships with high-value, high-frequency buyers (98.86% of revenue) and diversify markets to mitigate reliance on Colombia and US tariff impacts.

Q5. What does this Peru Copper Wire export pattern mean for buyers in partner countries?

Buyers in Colombia benefit from stable, large-volume supply, while US buyers face higher costs due to tariffs, prompting smaller, frequent orders.

Q6. How is Copper Wire typically used in this trade flow?

Peru’s exports primarily serve industrial applications, with large-diameter wires used in infrastructure and alloys in specialized manufacturing.