Peru Copper Wire HS7408 Export Data 2025 Q1 Overview

Peru Copper Wire (HS 7408) 2025 Q1 Export: Key Takeaways

Peru's Copper Wire (HS Code 7408) exports in 2025 Q1 show Colombia as the dominant market, accounting for 38% of volume and value, with bulk-grade shipments at 9.59 USD/kg. Regional neighbors like Ecuador and Venezuela form a high-volume, lower-price cluster, while the U.S. handles specialized deliveries at 10.16 USD/kg—though upcoming 50% tariffs demand diversification. This analysis, based on cleanly processed Customs data from the yTrade database, highlights concentrated buyer risk and the need for strategic regional expansion.

Peru Copper Wire (HS 7408) 2025 Q1 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, the U.S. imposed a 50% tariff on copper imports starting August 2025 [GHY], forcing Peru to rethink its trade strategy [RIO Times]. As a top global copper producer, Peru's 2025 Q1 exports under HS Code 7408 face heightened scrutiny amid shifting trade dynamics.

Peru Copper Wire (HS 7408) 2025 Q1 Export: Trend Summary

Key Observations

Peru's Copper Wire HS Code 7408 Export in 2025 Q1 showed a solid performance with unit prices rising to 9.95 USD/kg in March, the highest in the quarter, while export values climbed steadily to 118.96M USD by month-end.

Price and Volume Dynamics

The Q1 data reveals a MoM comparison where volume increased from January to February by 11.1% before a slight decline in March, alongside a 3.9% unit price jump from February to March. This volatility aligns with typical copper industry cycles, where Q1 often sees inventory replenishment and pre-season demand adjustments in global markets. The overall value growth to 341.04M USD for the quarter underscores strong export activity, driven by volume surges in February, reflecting industrial restocking patterns rather than abrupt external shocks.

External Context and Outlook

The external backdrop is dominated by the US announcement of a 50% tariff on copper imports effective August 2025 [GHY.com], which has already spurred Peru to rethink its trade approach (Rio Times Online). For Q1 2025, exports remained unaffected by this policy, but the outlook points to potential disruptions in Peru Copper Wire HS Code 7408 Export flows later in 2025, as markets adjust to heightened trade barriers and shifted global demand dynamics.

Peru Copper Wire (HS 7408) 2025 Q1 Export: HS Code Breakdown

Product Specialization and Concentration

For Peru Copper Wire HS Code 7408 Export in 2025 Q1, the market is heavily concentrated on refined copper wire with larger cross-sections. The dominant product is "Copper; wire, of refined copper, of which the maximum cross-sectional dimension exceeds 6mm" under HS Code 7408110000, which accounted for 78.20 percent of the total export value and 78.84 percent of the weight, with a unit price of 9.64 USD per kilogram. This high share indicates strong specialization in bulk, standardized wire exports. A minor anomaly is the copper-nickel alloy wire with a unit price of 11.92 USD per kilogram, but its low volume share of 0.30 percent makes it insignificant in the overall structure.

Value-Chain Structure and Grade Analysis

The remaining products can be grouped into two categories: refined copper wires with smaller dimensions (unit prices around 10.05 USD per kilogram) and various alloy wires including brass and other copper alloys (unit prices ranging from 9.20 to 11.21 USD per kilogram). The close unit prices across these groups suggest that Peru's copper wire exports are primarily fungible bulk commodities, traded based on weight and standard grades rather than highly differentiated manufactured goods. This structure points to a market driven by commodity pricing logic, similar to raw material indices.

Strategic Implication and Pricing Power

Given the commodity nature of these exports, Peru has limited pricing power and should focus on cost efficiency and volume scaling for competitive advantage. However, external factors like the US imposing a 50 percent tariff on copper imports starting August 2025 [GHY] could disrupt trade flows, urging diversification to other markets or investment in higher-value products to mitigate risks (GHY). Strategic emphasis should remain on dominating the high-volume refined wire segment while monitoring alloy niches for potential growth.

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Peru Copper Wire (HS 7408) 2025 Q1 Export: Market Concentration

Geographic Concentration and Dominant Role

In Peru's Copper Wire HS Code 7408 Export for 2025 Q1, Colombia is the dominant market, accounting for 38.10% of the weight and 37.61% of the value. The slight dip in value ratio compared to weight ratio suggests that exports to Colombia consist of standard or bulk-grade Copper Wire, with a unit price around 9.59 USD/kg, indicating a focus on volume over high value.

Partner Countries Clusters and Underlying Causes

Two main clusters emerge: first, regional neighbors like Colombia, Ecuador, and Venezuela handle large volumes at lower unit prices (9.59-9.74 USD/kg), likely due to geographic proximity and cost-efficient bulk shipping. Second, the United States shows high shipment frequency but medium volume with a higher unit price (10.16 USD/kg), pointing to specialized or just-in-time deliveries for industrial sectors. A third group, including Argentina and China Taiwan, has smaller volumes but similar higher unit prices, possibly for niche applications.

Forward Strategy and Supply Chain Implications

For Copper Wire as a manufactured product, Peru should prioritize diversifying beyond the US market due to the upcoming 50% tariff on copper imports starting August 2025 [GHY.com], which could impact Q1 trends. Strengthening ties with regional partners and exploring higher-value segments can mitigate risks and leverage existing trade networks for stability.

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Peru Copper Wire (HS 7408) 2025 Q1 Export: Action Plan for Copper Wire Market Expansion

Strategic Supply Chain Overview

Peru Copper Wire Export 2025 Q1 under HS Code 7408 shows a commodity-driven market. Price is set by standard product grades and bulk volume. Geopolitical risks, like US tariffs, add volatility. Supply chains rely on key buyers and regional hubs. This creates high dependency and need for security.

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

• Use HS Code data to track product mix and shift to higher-value alloys. This boosts margins against commodity pressure.
• Analyze buyer frequency data to lock long-term contracts with top clients. This ensures stable demand and reduces churn risk.
• Leverage geographic data to diversify exports away from US markets. This mitigates tariff impacts and spreads risk.
• Monitor unit price trends by destination to target premium buyers. This optimizes pricing and increases profitability.

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 Q1?

The steady rise in unit prices (peaking at 9.95 USD/kg in March) and export value (341.04M USD for Q1) reflects industrial restocking demand, while the upcoming US 50% tariff announcement has prompted strategic trade adjustments.

Q2. Who are the main partner countries in this Peru Copper Wire Export 2025 Q1?

Colombia dominates with 38.10% of export weight, followed by regional neighbors like Ecuador and Venezuela, while the US serves as a high-frequency, higher-unit-price (10.16 USD/kg) market.

Q3. Why does the unit price differ across Peru Copper Wire Export 2025 Q1 partner countries?

Price gaps stem from product specialization: bulk refined copper wires (9.59–9.74 USD/kg) ship regionally, while the US and niche markets pay premiums (10.16+ USD/kg) for smaller-dimension or alloy wires.

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

Prioritize long-term contracts with high-value, high-frequency buyers (99.94% of export value) and diversify beyond the US ahead of its August 2025 tariff, leveraging regional bulk demand.

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

Colombian buyers benefit from stable bulk supply, while US buyers face potential cost hikes post-tariff; niche markets (e.g., China Taiwan) access specialized wires at moderate premiums.

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

Exports are primarily fungible bulk commodities (78.2% refined copper wires >6mm) for industrial applications, with minor alloy wires serving niche manufacturing or maintenance needs.

Detailed Monthly Report

Peru HS7408 Export Snapshot 2025 JAN

Peru HS7408 Export Snapshot 2025 FEB

Peru HS7408 Export Snapshot 2025 MAR