Peru Copper Wire HS7408 Export Data 2025 Q3 Overview

Peru Copper Wire (HS 7408) 2025 Q3 Export: Key Takeaways

Peru's Copper Wire (HS Code 7408) export in 2025 Q3 is heavily concentrated in Colombia, which accounts for 33% of both value and weight, confirming bulk commodity trade dynamics. The U.S. remains a key but threatened market due to new 50% tariffs, forcing exporters to pivot toward regional American partners and explore Asian diversification. This analysis, covering 2025 Q3, is based on cleanly processed Customs data from the yTrade database.

Peru Copper Wire (HS 7408) 2025 Q3 Export Background

Peru's Copper Wire (HS Code 7408) is a critical export, widely used in electrical and construction industries due to its conductivity and durability, ensuring stable global demand. However, recent U.S. tariffs of 50% on copper imports, effective August 2025, have reshaped trade dynamics, impacting Peru’s exports despite the U.S.-Peru Free Trade Agreement [GHY]. As a top global copper producer, Peru remains a key supplier, but the 2025 Q3 market faces challenges from these policy shifts.

Peru Copper Wire (HS 7408) 2025 Q3 Export: Trend Summary

Key Observations

Peru's Copper Wire exports under HS Code 7408 in Q3 2025 showed significant volatility, with a sharp 5.1% month-over-month unit price drop to $9.65/kg in August—the lowest of the year—before rebounding in September, highlighting the impact of external policy shocks on this critical mineral trade.

Price and Volume Dynamics

Comparing Q3 to Q2, average unit price edged down slightly from $9.95/kg to $9.92/kg, while volume increased from 10.54M kg to 10.75M kg, indicating resilient export volumes despite price pressure. The August dip aligns with typical copper industry stock cycle adjustments, where buyers delay purchases ahead of anticipated policy changes, but the quick September recovery suggests underlying demand remains strong, driven by global industrial needs for wiring in construction and electronics.

External Context and Outlook

The August price collapse directly correlates with the U.S. imposition of a 50% tariff on copper imports starting August 1, 2025, which disrupted trade flows and forced Peruvian exporters to absorb costs or seek alternative markets [GHY]. Moving forward, Peru's Copper Wire HS Code 7408 Export strategy in 2025 must navigate increased trade barriers, potentially shifting focus to other regions despite the US-Peru FTA benefits (FreightAmigo).

Peru Copper Wire (HS 7408) 2025 Q3 Export: HS Code Breakdown

Product Specialization and Concentration

In Q3 2025, Peru's export of Copper Wire under HS Code 7408 is heavily concentrated in one sub-code. The dominant product is "Copper wire, of refined copper, with a maximum cross-sectional dimension exceeding 6mm" (HS 7408110000), which accounts for over 80% of both value and weight. This high concentration, with a unit price of 9.99 USD per kilogram, indicates a strong specialization in larger, bulkier copper wire exports for this period. No extreme price anomalies are present in the data, allowing for a clear analysis of the market structure.

Value-Chain Structure and Grade Analysis

The remaining sub-codes can be grouped into two main categories based on alloy type and size. First, smaller dimension refined copper wires (HS 7408190000) make up about 11% of weight with a similar unit price. Second, various alloy wires, including copper-zinc base (HS 7408210000) and other alloys (HS 7408290000 and 7408220000), represent smaller shares but slightly higher unit prices around 9-12 USD per kilogram. This structure shows a trade in differentiated manufactured goods, where product specifications like alloy composition and wire size drive pricing, rather than a fungible bulk commodity linked to indices.

Strategic Implication and Pricing Power

For Peru's Copper Wire HS Code 7408 exports in 2025 Q3, the high concentration in large dimension wires suggests limited pricing power for niche products, but the differentiation in alloys offers some leverage. However, the recent US imposition of a 50% tariff on copper imports starting August 2025 [FreightAmigo] could reduce demand and squeeze margins, urging exporters to diversify markets or focus on higher-value alloys to mitigate risks.

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Peru Copper Wire (HS 7408) 2025 Q3 Export: Market Concentration

Geographic Concentration and Dominant Role

Peru's Copper Wire (HS Code 7408) export in 2025 Q3 is heavily concentrated, with Colombia accounting for nearly a third of both the total value ($104.93M, 32.79%) and weight (10.77M kg, 33.40%). The nearly identical value and weight ratios confirm this is a bulk commodity trade, where price is driven by weight rather than product differentiation. The United States is a distant second by value ($40.18M, 12.56%), but its shipments are far more frequent, suggesting a different purchasing pattern.

Partner Countries Clusters and Underlying Causes

The export landscape forms two clear clusters. The first is a regional Americas bloc, including Colombia, Honduras, Ecuador, Venezuela, Mexico, Brazil, Chile, and El Salvador. This group likely benefits from geographic proximity and existing trade agreements, facilitating cost-effective bulk shipments of this heavy commodity. The second cluster consists of the United States and China Taiwan. The US's high frequency but lower volume per shipment points to smaller, more frequent orders, potentially for specific industrial needs rather than bulk raw material supply. Taiwan's presence hints at a niche for processing or re-export within Asian supply chains.

Forward Strategy and Supply Chain Implications

For Peruvian copper wire exporters, the regional reliance is a strength but also a vulnerability. The recent U.S. imposition of a 50% tariff on many copper imports, including those under HS Code 7408 [GHY], directly threatens the second-largest market and forces a strategic pivot. Exporters must deepen relationships with other American partners to mitigate this risk and explore diversifying into other Asian markets beyond Taiwan. The US-Peru Free Trade Agreement remains, but the new tariff overrides its benefits for this product (GHY). This policy shift makes strengthening regional supply chains and logistics for land and sea freight to neighboring countries an immediate priority for maintaining export volumes.

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Peru Copper Wire (HS 7408) 2025 Q3 Export: Action Plan for Copper Wire Market Expansion

Strategic Supply Chain Overview

The Peru Copper Wire Export 2025 Q3 under HS Code 7408 reveals a market driven by product specifications and bulk contract volumes. Price is set by wire size and alloy composition, not commodity indices. The supply chain is built for high-volume manufacturing, with heavy reliance on a few large buyers in regional markets.

This creates major risks. The new US 50% tariff directly threatens the second-largest market. Extreme buyer concentration leaves revenue vulnerable to order changes. Exporters must act now to protect their business.

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

• Diversify export destinations within the Americas using trade agreement data. Target countries like Mexico and Chile to replace potential lost US volume and reduce geographic risk.
• Analyze high-frequency US buyer shipment schedules to anticipate order changes. This allows for production planning that avoids costly inventory buildup after the tariff takes effect.
• Shift product mix toward higher-value alloy wires (e.g., HS 7408210000) using unit price comparisons. These products command better margins and may be less impacted by broad tariffs on base copper.
• Optimize logistics for bulk land freight to neighboring countries like Colombia and Ecuador. This secures cost advantages for your largest regional customers and strengthens those supply chains.

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 Q3?

The sharp 5.1% price drop in August 2025 was caused by the U.S. imposing a 50% tariff on copper imports, disrupting trade flows. Prices rebounded in September due to resilient global demand for industrial wiring.

Q2. Who are the main partner countries in this Peru Copper Wire Export 2025 Q3?

Colombia dominates with 32.8% of export value ($104.93M), followed by the U.S. at 12.6% ($40.18M). Regional American partners like Honduras and Ecuador form a secondary cluster.

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

Prices vary based on product type: bulk shipments of large-dimension refined copper wires (HS 7408110000) dominate at $9.99/kg, while niche alloy wires (e.g., HS 7408210000) command $9–12/kg.

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 (99.97% of trade) while diversifying into regional American markets to offset U.S. tariff risks.

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

Buyers in Colombia and regional markets benefit from stable bulk supply, while U.S. buyers face higher costs post-tariff, potentially shifting to smaller, alloy-based orders.

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

Peru’s exports primarily serve industrial needs like construction and electronics, with larger wires for infrastructure and alloys for specialized manufacturing.

Detailed Monthly Report

Peru HS7408 Export Snapshot 2025 JUL

Peru HS7408 Export Snapshot 2025 AUG

Peru HS7408 Export Snapshot 2025 SEP