Peru Copper Wire HS740811 Export Data 2025 February Overview

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

Peru's Copper wire (HS Code 740811) Export in 2025 February shows Colombia dominating with over 50% of both value and weight, signaling a stable mid-grade product flow. Regional South American partners like Ecuador and Brazil highlight strong supply chain integration, while the US and Taiwan demand smaller, frequent shipments for manufacturing. This analysis, covering February 2025, is based on cleanly processed Customs data from the yTrade database.

Peru Copper Wire (HS 740811) 2025 February 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 a critical input 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, particularly amid the ongoing push for electrification and renewable energy expansion.

Current Context and Strategic Position

Copper prices have shown volatility in early 2025, driven by fluctuating supply chain dynamics and geopolitical tensions in key mining regions. Peru, as the world's second-largest copper producer [Reuters], holds a strategic position in the HS Code 740811 export market, leveraging its robust mining sector to meet global demand. The country's February 2025 export performance for copper wire will likely reflect these broader market trends, underscoring the need for close monitoring of trade flows and pricing shifts to capitalize on emerging opportunities.

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

Key Observations

Peru's Copper wire exports under HS Code 740811 in February 2025 reached a value of $96.85 million and a volume of 10.16 million kilograms, showing a strong start to the year.

Price and Volume Dynamics

The month-over-month increase from January to February 2025, with value rising from $85.11 million to $96.85 million and volume from 8.87 million to 10.16 million kilograms, aligns with typical seasonal demand patterns for copper products. This uptick often reflects early-year industrial stock replenishment and heightened construction activity in key markets, driving both volume and value growth without significant price distortion.

External Context and Outlook

Looking ahead, global industrial demand cycles and fluctuations in copper prices could influence Peru's export trajectory for Copper wire. Factors like China's manufacturing output or currency exchange rates may play a role, but the current momentum suggests steady performance barring major economic shifts.

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

Product Specialization and Concentration

The export market for Peru's Copper wire under HS Code 740811 in February 2025 is completely dominated by a single product type. The only sub-code, 7408110000, refers to copper wire made from refined copper with a cross-sectional dimension over 6mm, which holds a 100% share in both export value and weight. According to yTrade data, this product shipped 10.16 million kilograms at a unit price of 9.54 USD per kilogram, totaling 96.85 million USD in value, indicating a highly specialized export focus without any price anomalies.

Value-Chain Structure and Grade Analysis

With no other sub-codes present, the entire export consists of this semi-finished, high-grade copper wire. The lack of product variation suggests a trade in fungible bulk commodities, likely tied to global copper indices, rather than differentiated manufactured goods. This structure points to Peru exporting a standardized, intermediate product without significant value-add stages or quality gradations.

Strategic Implication and Pricing Power

This total concentration means Peru has strong pricing power for copper wire exports, as it controls a unified supply of a key industrial material. Market players should focus on maintaining cost efficiency and leveraging Peru's position as a reliable supplier for bulk copper wire in 2025, without needing to diversify product offerings.

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

Geographic Concentration and Dominant Role

Peru's Copper wire HS Code 740811 Export in 2025 February is heavily concentrated, with Colombia alone accounting for over 50% of both the total export value and weight. The country's value share (50.43%) is slightly lower than its weight share (50.56%), indicating it primarily receives a standard, mid-grade product at a consistent price per kilogram.

Partner Countries Clusters and Underlying Causes

Two clear partner clusters emerge. The first consists of nearby South American nations like Ecuador, Venezuela, and Brazil. Their high trade frequency and significant volumes point to strong regional supply chain integration and steady industrial demand. The second cluster includes the United States and Taiwan, China. Their trade involves smaller, more frequent shipments, which is typical for supplying specific manufacturing or electronics production lines that require reliable, just-in-time deliveries of processed materials.

Forward Strategy and Supply Chain Implications

For producers, the heavy reliance on the Colombian market requires a strategy to deepen that relationship while also developing the smaller, higher-frequency trade lanes with the US and Taiwan to diversify risk. Shippers should plan for two main logistics flows: high-volume bulk shipments to neighboring countries and more frequent, smaller containerized exports for distant industrial buyers.

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

Strategic Supply Chain Overview

The Peru Copper wire Export market for HS Code 740811 in 2025 February is defined by extreme concentration. It ships a single, standardized product (refined copper wire over 6mm) at prices driven by global copper indices. High-volume, frequent buyers from Colombia dominate trade. This creates pricing power but also high reliance on one market and buyer segment. Supply chains must support two flows: bulk shipments to nearby South American partners and frequent, smaller deliveries to distant industrial buyers like the US and Taiwan.

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

• Monitor global copper price indices weekly. This ensures Peru's export pricing remains competitive and aligned with commodity market shifts.
• Analyze shipment frequency data for key buyers like Colombia. Use this to forecast demand and optimize production scheduling, preventing costly inventory gaps or surpluses.
• Develop dedicated logistics for high-frequency US and Taiwan lanes. Secure reliable air or expedited ocean freight to meet their just-in-time delivery needs and capture higher-margin opportunities.
• Use trade data to identify potential new buyers in stable economies. Diversify your client base to reduce over-reliance on any single partner and mitigate market risk.
• Track competitor export data for HS Code 740811. Understand their pricing and routing strategies to defend Peru's market share and spot new trends early.

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 February?

The increase in export value ($96.85 million) and volume (10.16 million kg) reflects seasonal demand for copper, driven by industrial stock replenishment and construction activity in key markets, without significant price distortion.

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

Colombia dominates with 50.43% of export value, followed by regional South American buyers (Ecuador, Venezuela, Brazil) and distant industrial markets like the US and Taiwan, China.

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

The uniform unit price (9.54 USD/kg) stems from Peru exporting only one standardized product (7408110000: refined copper wire >6mm), eliminating price variation across destinations.

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

Exporters must prioritize relationships with high-volume buyers (95.93% of trade value) while diversifying into smaller, frequent shipments to the US and Taiwan to mitigate overreliance on Colombia.

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

Buyers benefit from Peru’s reliable bulk supply (Colombia) or steady just-in-time deliveries (US/Taiwan), but must monitor potential supply chain risks from extreme market concentration.

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

The exported copper wire (>6mm cross-section) is a semi-finished industrial material, likely used in regional infrastructure projects or global electronics manufacturing supply chains.