Peru Copper Wire HS740811 Export Data 2025 April Overview

Peru Copper Wire (HS 740811) 2025 April Export: Key Takeaways

Peru's copper wire exports (HS Code 740811) in April 2025 show stable product grades and uniform pricing, with Colombia dominating as the top buyer at 46% of volume and value, reflecting efficient regional trade flows. The market relies heavily on neighboring Andean countries, which account for over 66% of shipments, while the U.S. remains a critical non-regional buyer under preferential trade terms. This analysis is based on cleanly processed Customs data from the yTrade database for April 2025.

Peru Copper Wire (HS 740811) 2025 April Export Background

What is HS Code 740811?

HS Code 740811 refers to copper wire, refined, with a maximum cross-sectional dimension exceeding 6 mm. This product is critical for industries such as electrical infrastructure, telecommunications, and automotive manufacturing, where high-conductivity and durability are essential. Global demand for copper wire remains stable due to its irreplaceable role in energy transmission and industrial applications, making it a strategically significant commodity in international trade.

Current Context and Strategic Position

As of April 2025, Peru’s copper wire exports (HS Code 740811) face a shifting trade landscape under the U.S.’s broader tariff policies. While the U.S.-Peru Trade Promotion Agreement generally allows duty-free access for qualifying goods, non-compliant shipments are subject to a 10% baseline tariff imposed by the U.S. in April 2025 [The White House]. Peru’s position as a key copper producer underscores the importance of compliance with rules of origin to maintain competitive access to the U.S. market. With global copper demand remaining robust, vigilance around trade policy and market dynamics is critical for Peruvian exporters in 2025.

Peru Copper Wire (HS 740811) 2025 April Export: Trend Summary

Key Observations

In April 2025, Peru's exports of Copper wire under HS Code 740811 reached a value of USD 85.93 million with a volume of 8.68 million kg, showing a slight recovery from the previous month but remaining below the February peak.

Price and Volume Dynamics

The export trend from January to April 2025 displayed notable volatility, with value and volume spiking in February to USD 96.85 million and 10.16 million kg before dropping in March and modestly rebounding in April. This pattern reflects typical seasonal demand cycles for copper, where Q2 often sees increased industrial and construction activity driving inventory adjustments. The February surge likely stemmed from pre-season stock replenishment, while the subsequent dip and April stabilization indicate market normalization ahead of peak demand periods.

External Context and Outlook

The volatility in Peru Copper wire exports coincides with the US imposition of a 10% baseline tariff on imports in April 2025, as reported by [EY Tax News], which introduced uncertainty for global trade flows. However, Peru's Trade Promotion Agreement with the US may mitigate impacts for qualifying shipments under HS Code 740811, supporting stable export outlooks despite broader tariff pressures.

Peru Copper Wire (HS 740811) 2025 April Export: HS Code Breakdown

Product Specialization and Concentration

Peru's export of copper wire under HS Code 740811 in April 2025 is fully specialized in a single product: refined copper wire with a maximum cross-sectional dimension exceeding 6mm, which captured 100% of the export value and weight based on yTrade data. The unit price of 9.90 USD per kilogram indicates a consistent, high-volume trade without significant price anomalies, reflecting a focused export strategy.

Value-Chain Structure and Grade Analysis

The entire export consists of this semi-finished copper wire, categorized as a value-added product rather than a raw commodity. This structure implies trade in differentiated manufactured goods, where specifications like size and refinement level dictate pricing, rather than reliance on bulk commodity indices.

Strategic Implication and Pricing Power

Peru's concentrated export of this copper wire benefits from duty-free access under the US-Peru Trade Promotion Agreement, shielding it from broader US tariffs [The White House]. However, the lack of product diversification may limit pricing power if demand shifts or new trade barriers emerge, emphasizing the need for compliance with origin rules to maintain competitive advantage.

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Peru Copper Wire (HS 740811) 2025 April Export: Market Concentration

Geographic Concentration and Dominant Role

Peru's copper wire exports in April 2025 show strong concentration, with Colombia as the dominant partner, accounting for 46.03% of weight and 45.65% of value. The close match between value and weight ratios indicates uniform pricing, typical for commodity products like copper wire under HS Code 740811. This suggests stable product grades and efficient regional trade flows for Peru's exports.

Partner Countries Clusters and Underlying Causes

The top partners form two clear clusters: first, neighboring Andean countries like Colombia, Ecuador, and Venezuela, which together handle over 66% of weight, likely due to geographic proximity and existing trade agreements that reduce logistics costs. Second, the United States stands alone as a major non-regional buyer, driven by its large industrial demand. Smaller players like Brazil and Chile represent secondary markets, possibly for niche or overflow shipments.

Forward Strategy and Supply Chain Implications

For Peru's copper wire exports, maintaining cost efficiency and leveraging free trade agreements is key, especially for the US market where a 10% baseline tariff applies but can be avoided under the US-Peru Trade Promotion Agreement if rules of origin are met [White House]. Exporters should prioritize FTA compliance to retain competitive access, while diversifying within regional clusters to mitigate risks.

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Peru Copper Wire (HS 740811) 2025 April Export: Action Plan for Copper Wire Market Expansion

Strategic Supply Chain Overview

Peru's Copper wire Export under HS Code 740811 in April 2025 is a concentrated, high-volume trade. Price is driven by product specifications (refined wire over 6mm) and stable OEM contracts with key industrial buyers. Supply chains rely on regional proximity to Andean partners and duty-free access to the US under trade agreements. This creates efficiency but also concentration risk if demand shifts or trade policies change.

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

• Use HS Code 740811 shipment data to verify product specifications for every order. This ensures compliance with buyer requirements and avoids rejected shipments.
• Monitor buyer frequency patterns to anticipate order cycles from dominant clients like TECNOFIL S.A. This prevents inventory gaps or overstock and secures steady revenue.
• Track real-time shipping routes to Colombia and the US to optimize logistics costs. Geographic proximity and trade agreements make this critical for margin protection.
• Validate origin documentation for all US-bound shipments under the US-Peru Trade Promotion Agreement. This avoids 10% tariffs and maintains competitive access.
• Diversify within Andean partner clusters using trade data to identify new buyers in Ecuador or Venezuela. This reduces over-reliance on any single market.

Forward-Looking Strategy

Peru's 2025 April trade for Copper wire hinges on maintaining current buyer relationships and geographic flows. Prioritize FTA compliance to safeguard US market access. Explore product or market diversification using trade data to identify emerging opportunities without disrupting core operations.

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 April?

Peru's copper wire exports in April 2025 showed a modest rebound from March but remained below February's peak, reflecting seasonal demand cycles and market normalization after pre-season stock replenishment. The volatility aligns with US tariff uncertainties, though Peru's trade agreement may mitigate impacts for compliant shipments.

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

Colombia dominates as Peru's top buyer, accounting for 46% of export weight and value. Other key partners include Ecuador, Venezuela, and the United States, with regional proximity and trade agreements driving concentrated flows.

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

The uniform unit price of 9.90 USD/kg across partners reflects Peru's specialization in a single high-grade product: refined copper wire exceeding 6mm cross-section, traded as a value-added semi-finished good rather than a bulk commodity.

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

Exporters must prioritize relationships with dominant high-frequency buyers like TECNOFIL S.A. and ensure compliance with US-Peru FTA rules to maintain duty-free access, given the market's extreme concentration and tariff risks.

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

Buyers in Colombia and the US benefit from stable, high-volume supply but face dependency risks. Smaller buyers have negligible influence, emphasizing the need for long-term contracts with Peruvian exporters.

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

The exported refined copper wire is a semi-finished product, primarily used in industrial applications like electrical infrastructure and manufacturing due to its standardized size and high conductivity.