Peru Copper Wire HS7408 Export Data 2025 Q2 Overview

Peru Copper Wire (HS 7408) 2025 Q2 Export: Key Takeaways

Peru's Copper Wire (HS Code 7408) Export in 2025 Q2 shows strong regional concentration, with Colombia dominating at 25.99% of total value, supported by consistent pricing (~9-10 USD/kg) across key markets like the U.S. (16.26%). Regional neighbors account for over 60% of exports, leveraging trade agreements, while the U.S. faces potential disruption from new 50% tariffs. This analysis, based on cleanly processed Customs data from the yTrade database, confirms stable mid-grade product demand with geographic reliance requiring strategic diversification.

Peru Copper Wire (HS 7408) 2025 Q2 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 in August 2025, including HS 7408, under national security measures, forcing Peru to rethink its trade strategy [GHY]. Despite this, Peru remains a key player in Q2 2025 exports, as its copper wire production supports both domestic growth and international markets.

Peru Copper Wire (HS 7408) 2025 Q2 Export: Trend Summary

Key Observations

Peru Copper Wire HS Code 7408 Export 2025 Q2 saw a notable decline in both volume and value compared to Q1, with shipment volumes dropping by approximately 10% and total value falling by nearly 8%, while unit prices held firm around $10/kg, indicating price resilience amid reduced trade activity.

Price and Volume Dynamics

The quarterly decline in volume from 35.08 million kg in Q1 to 31.63 million kg in Q2 reflects typical inventory management ahead of policy shifts, as copper wire demand often remains stable due to its role in industrial and construction sectors. Unit prices edged up slightly from $9.72/kg to $9.95/kg, suggesting sustained underlying demand despite the volume pullback, which aligns with common stock cycle adjustments before anticipated cost changes.

External Context and Outlook

The volume reduction in Q2 is directly linked to the U.S. announcement of a 50% tariff on copper imports under HS Code 7408, effective August 1, 2025 [GHY], prompting Peruvian exporters to curb shipments to avoid future cost escalations (UNCTAD). This policy shift is likely to sustain downward pressure on exports into H2 2025, forcing Peru to diversify markets or enhance value-added processing to mitigate impacts.

Peru Copper Wire (HS 7408) 2025 Q2 Export: HS Code Breakdown

Product Specialization and Concentration

For Peru Copper Wire HS Code 7408 Export in 2025 Q2, the market is heavily dominated by the sub-code for copper wire of refined copper with a cross-sectional dimension exceeding 6mm. This product accounts for 78 percent of the export value and 79 percent of the weight, with a unit price of 9.94 US dollars per kilogram. A minor sub-code for copper-nickel alloy wire represents less than 0.1 percent of the trade and is isolated from the main analysis due to its negligible share.

Value-Chain Structure and Grade Analysis

The non-dominant sub-codes fall into two groups: refined copper wires with smaller dimensions, priced at 10.00 US dollars per kilogram, and copper alloy wires, including brass at 8.98 US dollars per kilogram and other alloys at 11.30 US dollars per kilogram. This structure indicates a trade in both standardized, bulk commodities for refined copper and more differentiated, specialized products for alloys, with price disparities reflecting variations in composition and potential end-use applications.

Strategic Implication and Pricing Power

Peru's high reliance on a single refined copper wire product may offer some pricing leverage, but the imposition of a 50 percent US tariff on copper imports [GHY] starting in August 2025 threatens to disrupt export flows and compress margins. To maintain competitiveness, Peruvian exporters should consider diversifying into higher-value alloy wires or seeking alternative markets to offset potential demand shocks from the US market.

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Peru Copper Wire (HS 7408) 2025 Q2 Export: Market Concentration

Geographic Concentration and Dominant Role

Peru's Copper Wire HS Code 7408 Export in 2025 Q2 is highly concentrated, with Colombia as the dominant importer by value, accounting for 25.99% of the total export value. The close match between value ratio and weight ratio for Colombia (25.99 vs. 26.32) and other top countries like the United States (16.26 vs. 15.41) indicates consistent unit pricing around 9-10 USD per kilogram, suggesting a standardized, mid-value manufactured product without significant grade variations across markets.

Partner Countries Clusters and Underlying Causes

The importers form three clear clusters. First, regional neighbors like Colombia, Ecuador, Venezuela, Mexico, and Honduras hold over 60% of the value share, driven by geographic proximity and lower logistics costs under existing trade agreements. Second, the United States shows high shipment frequency (33.62%) but lower value share, likely due to diverse order sizes or pre-tariff market conditions. Third, smaller players like Brazil, China Taiwan, Chile, and Argentina have minor shares, possibly serving niche industrial needs or specific supply chain links.

Forward Strategy and Supply Chain Implications

Peruvian exporters should maintain strong regional ties but prepare for US market shifts due to the new 50% tariff effective August 2025 [GHY]. Diversifying to other markets or increasing value addition in copper products can reduce dependency and offset potential cost increases from the tariff (GHY). Supply chains may need adjustments to focus on stable regional demand and explore new export routes for Peru Copper Wire HS Code 7408 Export in 2025 Q2 and beyond.

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Peru Copper Wire (HS 7408) 2025 Q2 Export: Action Plan for Copper Wire Market Expansion

Strategic Supply Chain Overview

The Peru Copper Wire Export 2025 Q2 under HS Code 7408 is defined by two core price drivers: product specification and bulk contract volumes. Standardized refined copper wires dominate, with pricing tied to cross-sectional dimensions and alloy composition. The high concentration of frequent, high-volume buyers reinforces stable but rigid pricing. Supply chains must prioritize reliability for bulk regional partners, but face disruption from the US 50% tariff. This creates a dual implication: Peru acts as a volume-driven assembly hub for standardized goods, yet must urgently diversify to mitigate tariff risks and buyer dependency.

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

• Use trade data to identify and target new buyers in stable regional markets like Colombia and Mexico. This reduces over-reliance on the US and spreads tariff risk.
• Analyze HS Code sub-categories to shift production toward higher-value alloy wires. This increases margin potential and diversifies the product portfolio away from standardized bulk items.
• Monitor buyer frequency data to align inventory and shipment schedules with key clients' cycles. This prevents overstock and ensures supply chain efficiency for high-volume orders.
• Develop alternative export routes and logistics partnerships for tariff-affected markets like the US. This maintains market access despite cost increases and trade barriers.

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 Q2?

The decline in volume (-10%) and value (-8%) reflects preemptive adjustments to the U.S. 50% tariff announcement, with stable unit prices ($9.95/kg) indicating resilient demand despite reduced shipments.

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

Colombia dominates with 25.99% of export value, followed by the U.S. (16.26%) and regional neighbors like Ecuador and Mexico, collectively accounting for over 60% of trade.

Q3. Why does the unit price differ across Peru Copper Wire Export 2025 Q2 partner countries?

Price disparities stem from product specialization: refined copper wires (6mm+) trade at $9.94/kg, while alloy wires (e.g., brass at $8.98/kg, others at $11.30/kg) command varied rates based on composition.

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

Prioritize relationships with high-volume, frequent buyers (97.94% of trade) while diversifying into alloy wires or alternative markets to offset U.S. tariff risks.

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

Buyers face stable pricing but must anticipate supply shifts due to Peru’s reliance on bulk refined copper (78% of exports) and potential tariff-driven market rebalancing.

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

Primarily standardized for industrial and construction applications, with refined copper wires serving bulk needs and alloy wires catering to specialized manufacturing demands.

Detailed Monthly Report

Peru HS7408 Export Snapshot 2025 APR

Peru HS7408 Export Snapshot 2025 MAY

Peru HS7408 Export Snapshot 2025 JUN