Peru Copper Wire HS7408 Export Data 2025 July Overview

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

Peru's Copper Wire Export (HS Code 7408) in 2025 July reveals a high-risk reliance on Colombia, which dominates 32.5% of shipments but at lower unit prices, while the U.S. shows frequent but smaller high-value orders. The market is split between bulk Latin American buyers and specialized U.S. demand, with new 50% tariffs threatening stability. This analysis, based on cleanly processed Customs data from the yTrade database, highlights urgent diversification needs for Peruvian exporters.

Peru Copper Wire (HS 7408) 2025 July Export Background

Peru's Copper Wire (HS Code 7408) is a critical export for electrical and construction industries, with steady global demand due to its conductivity and durability. However, recent U.S. tariffs of 50% on semi-finished copper products, including HS 7408, have disrupted trade flows, pushing Peru to seek alternative markets [RIO Times Online]. Despite this, Peru remains a key player, ranking as the 20th largest global exporter of Copper Wire in 2023, highlighting its strategic role in the 2025 July export landscape [OEC].

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

Key Observations

Peru's Copper Wire exports under HS Code 7408 in July 2025 rebounded sharply, with volume rising 9% month-over-month to 10.76 million units and value increasing 11% to $109.43 million, while the unit price reached a year-high of $10.17 per kg.

Price and Volume Dynamics

Export volumes declined steadily from February's peak of 12.17 million units to a low in June, reflecting typical mid-year inventory drawdowns in the copper industry as buyers adjust stocks after seasonal demand peaks. The July recovery aligns with possible preemptive shipping ahead of policy shifts, though prices remained resilient due to steady global demand for copper in construction and electronics. This pattern suggests underlying strength in Peru's export capabilities despite short-term fluctuations.

External Context and Outlook

The recent volatility is directly influenced by the U.S. imposition of a 50% tariff on semi-finished copper products starting August 2025 [Thompson Coburn], which has pressured Peru to diversify markets and accelerate shipments. As global trade dynamics shift, Peru's Copper Wire HS Code 7408 Export strategy for 2025 will likely focus on alternative regions to mitigate tariff impacts, though sustained demand for critical minerals may support prices.

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

Product Specialization and Concentration

Peru's Copper Wire HS Code 7408 Export in 2025 July is highly concentrated, with the sub-code for Copper wire of refined copper exceeding 6mm in cross-section dominating the market. This product accounts for over 80% of both value and weight, with a unit price of 10.14 USD per kilogram, indicating a focus on bulk, standardized exports. A minor anomaly exists with Copper wire of copper-nickel alloys, which has a higher unit price of 14.10 USD per kilogram but represents less than 1% of the total, making it an isolated, niche segment.

Value-Chain Structure and Grade Analysis

The remaining sub-codes fall into two main groups: refined copper wires with smaller dimensions and various alloy-based wires. Refined copper wires under 6mm and brass wires show moderate unit prices around 9-11 USD per kilogram, suggesting a mix of commodity and slightly differentiated products. This structure points to Peru exporting primarily fungible bulk commodities, where trade is driven by volume and standard specifications rather than high-value customization.

Strategic Implication and Pricing Power

For Peru's Copper Wire Export under HS Code 7408, the heavy reliance on bulk products limits pricing power, as prices are likely tied to global commodity indices. The recent U.S. imposition of a 50% tariff on semi-finished copper products [FreightAmigo] forces Peru to diversify markets to avoid dependency and maintain competitiveness. Strategic focus should shift towards exploring alternative export destinations to mitigate tariff impacts.

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

Geographic Concentration and Dominant Role

Peru's Copper Wire HS Code 7408 Export in 2025 July is heavily concentrated, with Colombia taking a dominant role by accounting for 32.5% of the total weight shipped. The country's value ratio (31.11%) slightly trails its weight share, pointing to a lower average unit price and confirming this trade flows as a price-sensitive commodity product.

Partner Countries Clusters and Underlying Causes

Two clear regional clusters emerge. The first includes Colombia, Honduras, Ecuador, Brazil, Venezuela, and Bolivia, all sharing high volume shares but lower frequency, pointing to large bulk shipments of raw copper wire. The second cluster is led by the United States, which shows a very high shipment frequency (41.05%) but a much smaller volume share (16.87%), indicating a pattern of smaller, more frequent orders for higher-value or specialized copper products.

Forward Strategy and Supply Chain Implications

The heavy reliance on Latin American markets for bulk exports provides stability, but the U.S. tariff shift demands action. [Thompson Coburn] reports a new 50% U.S. tariff on semi-finished copper, which will directly impact Peru's trade. Exporters must quickly diversify to other markets and consider moving more production into finished goods within Peru to avoid tariff barriers and capture more value.

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

Strategic Supply Chain Overview

Peru Copper Wire Export 2025 July under HS Code 7408 operates as a bulk commodity trade. Prices are driven by global copper indices and raw material quality, not product customization. The market faces high concentration risk. One buyer type dominates 97% of value. Colombia and regional partners absorb large, low-price shipments. The U.S. takes smaller, frequent orders but now imposes a 50% tariff. This creates urgent supply chain implications. Peru must secure raw material access and diversify beyond bulk buyers to avoid revenue shocks.

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

• Use HS Code 7408 transaction data to identify buyers of higher-priced alloy wires. Target them with tailored offers. This diversifies revenue away from bulk-dependent income.
• Analyze shipment frequency to Colombia and other high-volume partners. Negotiate long-term contracts to lock in stable demand and reduce spot market exposure.
• Map all U.S. buyers by order size and frequency. Shift smaller, frequent shipments to tariff-exempt finished goods where possible. This protects margins under new trade barriers.
• Screen trade data for new buyers in untapped markets like the EU or Asia. Prioritize those ordering smaller, specialized copper products. This builds a more resilient client base.
• Monitor global copper price indices and tariff policy updates monthly. Adjust export pricing in real-time to protect profitability against external shocks.

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 July?

Peru's Copper Wire exports rebounded sharply in July 2025, with volume up 9% and value up 11%, likely due to preemptive shipping ahead of a new U.S. 50% tariff on semi-finished copper products. The surge reflects efforts to mitigate tariff impacts while capitalizing on steady global demand for copper in construction and electronics.

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

Colombia dominates with 32.5% of total weight shipped, followed by the United States, which accounts for 16.87% of volume but stands out for high shipment frequency (41.05%). Regional buyers like Honduras and Ecuador also feature prominently in bulk trade.

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

Price differences stem from product specialization: bulk exports of refined copper wires over 6mm (80% of trade, $10.14/kg) dominate, while niche copper-nickel alloy wires ($14.10/kg) command higher prices but represent less than 1% of shipments. The U.S. likely imports higher-value or specialized products.

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 (97.25% of trade) while diversifying markets to reduce reliance on the U.S. and Colombia. Shifting toward finished goods or niche alloys could mitigate tariff risks and capture more value.

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. buyers face higher costs due to tariffs but retain access to frequent, smaller orders of specialized products. Niche buyers can explore underutilized alloy-based wires for premium applications.

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

Peru’s exports primarily serve as fungible commodities for construction and electronics, with standardized bulk wires (over 6mm) dominating. Minor alloy-based wires cater to specialized industrial or maintenance needs, reflecting a dual focus on volume and niche demand.