Peru Copper Wire HS7408 Export Data 2025 January Overview

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

Peru's Copper Wire (HS Code 7408) Export in 2025 January shows high geographic concentration, with Colombia dominating 43% of trade by value and weight, indicating uniform product grade and pricing. Neighboring Latin American markets form a key cluster due to proximity and trade agreements, while the U.S. faces looming 50% tariffs, urging diversification. This analysis is based on cleanly processed customs data from the yTrade database, covering January 2025.

Peru Copper Wire (HS 7408) 2025 January Export Background

Peru's Copper Wire (HS Code 7408) is a critical export, powering industries like electronics and construction due to its conductivity and durability. Global demand remains strong, but new U.S. tariffs of 50% on copper imports, effective August 2025, are forcing Peru to rethink trade strategies [RIO Times Online]. As the 20th-largest exporter of Copper Wire, Peru shipped $373M in 2023, highlighting its role in the 2025 January export market despite looming policy shifts [OEC].

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

Key Observations

Peru's Copper Wire exports under HS Code 7408 in January 2025 surged to a value of $105.56 million, marking a strong start to the year with elevated export activity driven by robust demand and strategic market positioning.

Price and Volume Dynamics

The export volume reached 10.95 million kg at a unit price of $9.64 per kg, reflecting typical Q1 industrial demand cycles where post-holiday restocking and construction season ramp-ups boost copper wire shipments. This performance suggests significant year-over-year growth compared to the 2023 annual export value of $373 million [OEC.world], highlighting sustained momentum in Peru's export strategy for this critical mineral product.

External Context and Outlook

The anticipation of a 50% U.S. tariff on copper imports effective August 2025 [ThompsonCoburn] likely spurred accelerated exports in early 2025, as Peru seeks to maximize trade before potential disruptions. Global copper trade dynamics, including tariff escalation policies noted by UNCTAD, continue to influence Peru's export decisions, ensuring ongoing volatility in the market.

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

Product Specialization and Concentration

For Peru Copper Wire HS Code 7408 Export in January 2025, the market is heavily concentrated on large-diameter refined copper wire. The dominant product is copper wire of refined copper with a cross-section over 6mm, accounting for over 80% of both weight and value exported, with a unit price of 9.60 USD per kilogram. A high-priced variant, copper-nickel alloy wire, is isolated as an anomaly due to its significantly higher price of 12.15 USD per kilogram but minimal volume share.

Value-Chain Structure and Grade Analysis

The remaining products fall into two clear groups: refined copper wires by size and copper alloy wires by composition. Refined copper wires, both over and under 6mm, show similar unit prices around 9-10 USD per kilogram, indicating a bulk commodity trade linked to raw material indices. Copper alloy wires, including brass and other alloys, have varying prices from 9.01 to 11.17 USD per kilogram, suggesting some product differentiation based on alloy grade but still operating within a commodity framework.

Strategic Implication and Pricing Power

Exporters face limited pricing power due to the commodity nature of most products, relying on volume for revenue. Strategic focus should prioritize high-volume refined copper wires, while monitoring alloy niches for potential premiums. The upcoming U.S. 50% tariff on copper imports from August 2025 [Thompson Coburn] may disrupt future trade flows, urging diversification away from U.S. markets to mitigate risks for Peru Copper Wire HS Code 7408 Export.

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

Geographic Concentration and Dominant Role

Peru's Copper Wire HS Code 7408 Export in 2025 January shows high geographic concentration, with Colombia dominating at 43.25% of value and 43.10% of weight. The nearly equal value and weight ratios suggest a uniform product grade, typical for manufactured goods like copper wire, with consistent unit pricing around the average for this trade.

Partner Countries Clusters and Underlying Causes

Two main clusters emerge: first, neighboring Latin American countries like Colombia, Venezuela, Honduras, and Ecuador, which together hold high shares due to proximity and regional trade agreements reducing logistics costs. Second, the United States stands out with a significant but lower share, possibly due to its larger market size and different demand patterns, while other South American nations like Brazil and Mexico form a third group with moderate volumes driven by regional industrial needs.

Forward Strategy and Supply Chain Implications

For Peru's copper wire exports, maintaining strong supply chains to neighboring countries is crucial for stability. However, the upcoming US tariff of 50% on copper imports from August 2025 [Thompson Coburn] could disrupt trade, urging a shift towards diversifying exports within Latin America or exploring other markets to mitigate risks.

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

Strategic Supply Chain Overview

The Peru Copper Wire Export 2025 January under HS Code 7408 operates as a volume-driven manufactured goods trade. Core price drivers are product specifications (like wire diameter and alloy grade) and large-tier contract volumes from dominant industrial buyers. Supply chain implications center on Peru’s role as a regional assembly hub for standardized copper products, with high dependence on neighboring Latin American markets and a few key clients. This creates vulnerability to demand shifts or policy changes, such as the upcoming U.S. 50% tariff.

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

• Use HS Code 7408 subcategory data to track unit prices for copper-nickel alloy wire. This identifies niche premium products to diversify beyond bulk refined copper.
• Analyze buyer transaction frequency to anticipate order cycles from dominant clients. This prevents overstock and stabilizes cash flow.
• Monitor real-time trade flows to Colombia and other regional partners. This ensures supply chain resilience if U.S. tariffs disrupt exports.
• Review alloy composition trends in export records. This spots opportunities to develop higher-value products and increase margin.
• Track shipment data for low-volume buyers to identify emerging markets. This reduces reliance on a few large customers and spreads risk.

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 January?

Peru's copper wire exports surged to $105.56 million in January 2025, driven by strong demand and pre-tariff stockpiling ahead of a 50% U.S. tariff effective August 2025. The growth reflects typical Q1 industrial cycles and strategic market positioning.

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

Colombia dominates with 43.25% of export value, followed by other Latin American neighbors like Venezuela and Honduras. The U.S. holds a significant but smaller share due to differing demand patterns.

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

Price differences stem from product specialization: refined copper wires (80% of exports) trade at ~$9.60/kg, while copper-nickel alloy wires (a niche product) command $12.15/kg but contribute minimally to volume.

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

Exporters must prioritize high-volume refined copper wire shipments to dominant buyers while diversifying markets to mitigate risks from U.S. tariffs and over-reliance on a few customers.

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

Buyers in Latin America benefit from stable, high-volume supply chains, while U.S. buyers face impending tariff-driven cost hikes, urging them to seek alternatives or renegotiate terms.

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

Copper wire is primarily used in industrial applications, including electrical infrastructure and construction, with bulk-grade refined copper wires serving as the core commodity.