Peru Copper Wire HS7408 Export Data 2025 February Overview

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

Peru's Copper Wire (HS Code 7408) exports in February 2025 were heavily concentrated in Colombia, which accounted for 42% of shipments, reflecting Peru's role as a regional bulk supplier. Latin American neighbors dominated trade flows, while the U.S. and Taiwan showed higher value ratios, signaling niche demand. This analysis, based on cleanly processed Customs data from the yTrade database, highlights both geographic reliance and emerging opportunities ahead of the U.S. tariff shift.

Peru Copper Wire (HS 7408) 2025 February Export Background

Peru's copper wire exports (HS Code 7408) are critical for global electrical and construction industries, driven by stable demand for conductive materials. Recent U.S. tariffs on copper imports [RIO Times Online] have reshaped trade dynamics, pushing Peru to diversify markets in early 2025. As the world's 20th-largest copper wire exporter [OEC], Peru's February 2025 shipments will test its ability to adapt to these policy shifts while maintaining its competitive edge in raw material supply.

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

Key Observations

Peru's Copper Wire exports under HS Code 7408 in February 2025 surged in both volume and value compared to January, with volume rising by approximately 11% and value by about 10%, despite a marginal dip in unit price.

Price and Volume Dynamics

The month-over-month increase in export volume and value for February aligns with typical industrial demand cycles for copper products, which often see heightened activity early in the year as sectors like construction and electronics ramp up production. The slight unit price decline to 9.58 USD/kg may reflect competitive market pressures or increased supply efficiency, rather than weakening demand.

External Context and Outlook

External policy shifts, particularly the U.S. announcement of a 50% tariff on semi-finished copper imports starting August 2025 [Thompson Coburn], are likely driving Peru's accelerated export pace in February to capitalize on pre-tariff trade windows. This context suggests continued volatility ahead as global copper markets adjust to new trade barriers.

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

Product Specialization and Concentration

In February 2025, Peru's export of Copper Wire under HS Code 7408 was heavily concentrated in refined copper wire with a cross-sectional dimension exceeding 6mm, which held over 83% of both value and weight shares. This product, with a unit price of 9.54 USD per kilogram, demonstrates Peru's strong focus on bulk-style wire exports, with no extreme price anomalies present in the data.

Value-Chain Structure and Grade Analysis

The remaining exports consist of refined copper wire with smaller dimensions and various alloy wires, including brass, copper-nickel, and other copper alloys. These products show unit prices ranging from 8.90 to 11.17 USD per kilogram, indicating a structured market based on alloy composition and specific applications rather than fungible bulk commodities. This differentiation suggests that Peru's Copper Wire exports cater to specialized industrial needs, with variations in quality and value-add stages.

Strategic Implication and Pricing Power

Peru's dominance in refined copper wire provides some pricing power, but the market must adapt to external pressures, such as potential tariff changes. [The Rio Times] reports a 50% U.S. tariff on copper imports starting in August 2025, which could impact Peru's export strategy for HS Code 7408. To maintain competitiveness, focusing on higher-value alloy wires or diversifying markets may be necessary.

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

Geographic Concentration and Dominant Role

Peru's Copper Wire HS Code 7408 exports in February 2025 were highly concentrated, with Colombia dominating as the top destination, holding a 41.94% value share and 42.22% weight share. The slight disparity where value ratio is lower than weight ratio suggests Colombia primarily receives bulk, lower-grade copper wire, typical of commodity-like flows in regional trade. This pattern underscores Peru's role as a key supplier of basic copper products to nearby markets during this period.

Partner Countries Clusters and Underlying Causes

Two main clusters emerge: first, Latin American neighbors like Colombia, Ecuador, and Honduras, which collectively account for over 60% of exports, driven by geographic proximity and lower transport costs that favor bulk shipments. Second, the United States and China Taiwan form a smaller cluster with higher value-to-weight ratios, indicating demand for potentially higher-quality or specialized wire, possibly for manufacturing inputs. This regional focus aligns with efficient supply chain logistics for semi-finished goods.

Forward Strategy and Supply Chain Implications

For Peruvian exporters, maintaining strong regional partnerships is crucial, while diversifying to mitigate risks like the upcoming US 50% tariff on copper imports set for August 2025, which could impact future trade flows (Riotimesonline.com). Supply chains should prioritize cost-effective logistics for bulk shipments to Latin America and explore value-added opportunities in markets like the US pre-tariff. Monitoring trade policy changes will be key for adapting Peru Copper Wire HS Code 7408 export strategies beyond February 2025.

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

Strategic Supply Chain Overview

Peru Copper Wire Export 2025 February under HS Code 7408 relies on bulk refined copper wire. Price is driven by product specifications and consistent OEM contract volumes. Supply chains focus on efficient assembly and logistics for regional buyers.

High buyer concentration in Colombia creates stability but also risk. The upcoming US tariff adds pressure. Peru must balance its role as a regional assembly hub with the need for diversification.

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

• Analyze buyer purchase frequency to anticipate order cycles and optimize production scheduling. This prevents costly inventory gaps or overstock.
• Use HS Code 7408 sub-product price data to identify premium alloy opportunities. Higher-value products can offset margin pressure from bulk commodities.
• Monitor real-time shipping data to Latin American partners for logistics cost control. Efficient routing protects profitability on high-volume, low-margin flows.
• Track US tariff policy updates monthly to adjust export timing and avoid sudden cost impacts. Proactive strategy reduces exposure to external trade shocks.

Final Note

Peru's copper wire export strategy must evolve beyond traditional models. Data on individual buyers and product specs is now essential for maintaining competitive advantage.

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 February?

Peru's Copper Wire exports surged by 10-11% in volume and value in February 2025, likely due to pre-tariff stockpiling ahead of a 50% U.S. tariff on copper imports effective August 2025.

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

Colombia dominated with a 42% share, followed by regional Latin American markets like Ecuador and Honduras, which collectively accounted for over 60% of exports.

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

Prices vary based on product type: bulk refined copper wire (>6mm) averaged 9.54 USD/kg, while specialized alloy wires (e.g., brass, copper-nickel) commanded 8.90–11.17 USD/kg for niche industrial applications.

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

Exporters must prioritize relationships with high-volume buyers (98% of trade value) while diversifying markets to mitigate risks from the U.S. tariff and regional dependency.

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

Buyers in Latin America benefit from stable bulk shipments, while U.S. and Taiwan buyers access higher-value wires—though the U.S. tariff may disrupt future supply.

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

Peru’s exports primarily serve industrial needs, with bulk wire for regional infrastructure and specialized alloys for manufacturing inputs like electronics or construction.