Peru Copper Wire HS7408 Export Data 2025 March Overview

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

Peru's Copper Wire exports (HS Code 7408) in March 2025 were dominated by Colombia, absorbing 28.36% of total value, reflecting a highly concentrated buyer market with standardized pricing at 9.6 USD/kg. The product’s commodity-grade nature and regional reliance on Latin America, particularly Colombia and Mexico, highlight both efficiency and vulnerability. The looming 50% U.S. tariff underscores urgent diversification needs. This analysis is based on cleanly processed Customs data from the yTrade database, covering March 2025.

Peru Copper Wire (HS 7408) 2025 March Export Background

Copper Wire (HS Code 7408) is a critical component for electrical and construction industries, driving steady global demand due to its conductivity and durability. Recent US tariffs on semi-finished copper products, including a 50% duty starting August 2025, are reshaping trade flows, with Peru—a top copper exporter—facing new challenges [RIO Times Online]. For March 2025, Peru’s Copper Wire exports under HS Code 7408 remain vital, but the looming US tariffs may force strategic adjustments to maintain competitiveness in key markets.

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

Key Observations

Peru's Copper Wire exports under HS Code 7408 in March 2025 saw a sharp unit price increase to 9.95 USD/kg, marking a 3.9% rise from February, even as export volume dipped slightly to 11.96 million kg.

Price and Volume Dynamics

The March data shows a mixed performance: unit price climbed while volume edged down 1.7% month-over-month, suggesting tighter supply or higher-value product shifts typical in copper markets where industrial demand often drives price ahead of volume changes. From January to March, value grew 12.7%, indicating strong quarterly momentum, likely fueled by global stock replenishment cycles and pre-buying ahead of policy shifts, common in base metal trades.

External Context and Outlook

The price volatility aligns with broader trade tensions, as the US plans a 50% tariff on semi-finished copper from August 2025 [Thompson Coburn], prompting exporters to optimize shipments. Global copper's strategic role in energy transition [UNCTAD] supports sustained demand, but Peru may face headwinds from tariff escalations later in 2025.

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

Product Specialization and Concentration

For Peru Copper Wire HS Code 7408 Export in March 2025, the market is heavily concentrated in large-diameter refined copper wire, specifically the product "Copper; wire, of refined copper, of which the maximum cross-sectional dimension exceeds 6mm". This sub-code holds over 70 percent of both export value and weight, with a unit price of 9.82 US dollars per kilogram, indicating its dominant role in Peru's copper wire trade. No extreme price anomalies are present in the data set.

Value-Chain Structure and Grade Analysis

The remaining exports split into two main groups: smaller-diameter refined copper wires and various alloy wires. Smaller wires, under 6mm in cross-section, command a slightly higher price of 10.24 US dollars per kilogram but have a smaller share. Alloy wires, including brass and copper-nickel types, show price variations from 9.61 to 11.85 US dollars per kilogram, suggesting some product differentiation. This structure points to a trade that is largely fungible and bulk-oriented for standard refined wires, with niche segments for specialized alloys.

Strategic Implication and Pricing Power

Peru's export strength in bulk copper wire under HS Code 7408 for March 2025 provides scale but limited pricing power due to its commodity nature. The upcoming US tariffs on semi-finished copper products, set to start in August 2025, could challenge Peru's export strategy by increasing costs on key products [UNCTAD]. To maintain competitiveness, Peru may need to emphasize higher-value alloy wires or explore alternative markets, as the current focus on bulk items leaves it vulnerable to external policy shifts (UNCTAD).

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

Geographic Concentration and Dominant Role

In March 2025, Peru's copper wire exports under HS Code 7408 were highly concentrated, with Colombia as the dominant market, accounting for 28.36% of the total export value. The minimal disparity between value and weight ratios—28.36 versus 29.34 for Colombia—shows a consistent unit price of about 9.6 USD per kilogram across all top countries, confirming a standardized, commodity-grade product with little variation.

Partner Countries Clusters and Underlying Causes

The top partners group into three clusters: first, key Latin American markets like Colombia and Mexico, driven by geographic proximity and existing trade agreements; second, the United States, with high shipment frequency but slightly lower per-unit value, due to its large industrial demand; and third, smaller players like China Taiwan and El Salvador, likely serving specific regional needs or acting as transit points.

Forward Strategy and Supply Chain Implications

Peru should maintain cost-efficient logistics and regional supply chains for copper wire exports, given its commodity nature. However, the upcoming US tariff of 50% on semi-finished copper products starting August 2025 [Rio Times Online] requires diversifying to other markets or renegotiating trade terms to reduce reliance on the US and avoid future disruptions.

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

Strategic Supply Chain Overview

Peru Copper Wire Export 2025 March under HS Code 7408 is a bulk-manufactured product. Price is driven by product specifications like wire diameter and alloy composition. Large contracts with industrial buyers set the market rate. The supply chain acts as an assembly hub for standard refined copper wires. Heavy reliance on a few high-volume buyers and key markets like Colombia and the US creates vulnerability. The upcoming US tariff of 50% starting August 2025 adds significant cost risk.

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

• Analyze HS Code 7408 sub-categories monthly to track alloy wire demand. This identifies higher-value niches to offset tariff impacts on bulk products.
• Use buyer frequency data to negotiate long-term contracts with dominant clients. This secures stable order volumes and reduces market uncertainty.
• Diversify export destinations using trade flow data to target Latin American and Asian markets. This reduces over-reliance on the US and minimizes tariff disruption.
• Monitor US tariff policy updates and adjust shipment schedules pre-August 2025. This avoids sudden cost increases and protects profit margins.
• Engage trade associations with data on export concentration to seek exemptions or alternatives. This leverages scale to negotiate better terms and maintain competitiveness.

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 March?

The unit price rose 3.9% to 9.95 USD/kg in March 2025, likely due to tighter supply or pre-buying ahead of US tariffs. Export volume dipped slightly (-1.7%), but quarterly value grew 12.7%, reflecting strong demand and strategic stockpiling.

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

Colombia dominates with 28.36% of export value, followed by Mexico and the US. Smaller markets like China Taiwan and El Salvador serve niche or transit roles.

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

Prices are standardized (around 9.6 USD/kg) for bulk refined copper wires, which dominate exports. Minor variations stem from niche alloy wires (e.g., copper-nickel) priced between 9.61–11.85 USD/kg.

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

Prioritize relationships with dominant high-volume buyers (95% of transactions) and diversify markets to mitigate risks from upcoming US tariffs. Higher-value alloy wires could offer pricing power.

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

Buyers benefit from stable, commodity-grade supply but face potential cost hikes from US tariffs. Niche alloy wires may provide specialized options, though supply is limited.

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

Primarily for bulk industrial applications like electrical infrastructure, given the dominance of large-diameter refined copper wires (70% share). Alloy wires cater to specialized manufacturing needs.