Peru Copper Wire HS740811 Export Data 2025 March Overview

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

Peru's copper wire exports (HS Code 740811) in March 2025 reveal a stable, standard-grade product with consistent pricing around USD 9.54/kg, primarily shipped to neighboring markets like Colombia, which dominates 36.84% of volume. Regional trade integration drives over 70% of exports to nearby countries, while the US benefits from tariff advantages under the PTPA. Buyer concentration is moderate, with Colombia as the top destination but diversified demand from niche markets. This analysis covers March 2025 and is based on cleanly processed Customs data from the yTrade database.

Peru Copper Wire (HS 740811) 2025 March 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 primarily used in industrial and electrical applications, including power transmission, automotive wiring, and construction. The global demand for refined copper wire remains stable due to its essential role in infrastructure development and renewable energy projects, particularly in solar and wind power systems [Seair].

Current Context and Strategic Position

As of March 2025, Peru’s copper wire exports under HS Code 740811 benefit from preferential tariff treatment under the United States-Peru Trade Promotion Agreement (PTPA), making them more competitive in the US market compared to non-FTA partners like India [VeK Policy]. The absence of new restrictive policies and steady demand positions Peru as a key supplier, with exports expected to grow modestly at 0.75% monthly (9.4% annually) [GTAIC]. Given Peru’s strategic advantage in copper wire exports, market participants should monitor trade policy shifts and global commodity trends to maintain competitiveness in 2025.

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

Key Observations

In March 2025, Peru's exports of Copper wire under HS Code 740811 totaled $84.73 million in value and 8.63 million kilograms in volume, reflecting a solid monthly performance despite a slight pullback from February.

Price and Volume Dynamics

The March figures represent a month-over-month decline from February's $96.85 million and 10.16 million kilograms, likely due to typical inventory adjustments and demand fluctuations in the copper industry. Copper wire exports often experience volatility tied to industrial procurement cycles, with February's spike possibly driven by seasonal stock replenishment ahead of quarterly closures. Overall, the first quarter of 2025 shows robust activity, supporting steady export flows for Peru Copper wire HS Code 740811.

External Context and Outlook

Peru's export competitiveness is reinforced by the US-Peru Trade Promotion Agreement, which grants preferential tariff access [VeK Policy], making its copper wire more attractive compared to higher-tariff origins like India (VeK Policy). This stable trade policy, coupled with no new export restrictions, underpins a positive outlook for continued growth in 2025, aligning with global industrial demand trends.

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

Product Specialization and Concentration

Peru's export of Copper wire under HS Code 740811 in March 2025 is entirely concentrated in a single product: wire of refined copper with a maximum cross-sectional dimension exceeding 6mm, which accounts for all export value and weight. According to yTrade data, this high specialization is reflected in a unit price of 9.82 USD per kilogram, with no other sub-codes present to indicate price disparities or anomalies.

Value-Chain Structure and Grade Analysis

The absence of additional sub-codes means the export structure is unified around this specific copper wire product, which is typically used in industrial and electrical applications due to its standardized, bulk nature. This points to a trade in fungible, semi-finished commodities rather than differentiated manufactured goods, with all exports falling into a single category of refined copper wire exceeding 6mm in cross-section.

Strategic Implication and Pricing Power

For Peru, this concentrated export of Copper wire HS Code 740811 benefits from stable pricing power, supported by preferential trade agreements like the US-Peru Trade Promotion Agreement that reduce tariffs and enhance market access [Vek Policy]. This favorable policy environment encourages sustained export growth and competitiveness in key markets such as the US.

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

Geographic Concentration and Dominant Role

Peru's copper wire exports under HS Code 740811 in March 2025 show strong concentration, with Colombia as the dominant destination by weight, accounting for 36.84% of total exports. The value ratio (35.82%) is slightly lower than the weight ratio, indicating a standard-grade product with consistent unit pricing around USD 9.54 per kilogram, typical for bulk manufactured goods like copper wire.

Partner Countries Clusters and Underlying Causes

Two main clusters emerge: first, neighboring countries like Colombia, Mexico, and Venezuela, which together handle over 70% of exports by weight, driven by geographic proximity reducing logistics costs and regional trade integration. Second, the United States stands out with high shipment frequency (25.26%) due to the US-Peru Trade Promotion Agreement, which lowers tariffs and supports steady demand [VeK Policy]. Smaller buyers like Brazil and China Taiwan represent niche markets with specific industrial needs.

Forward Strategy and Supply Chain Implications

Exporters should prioritize maintaining relationships with high-volume neighbors and leverage trade agreements for the US market to avoid tariff barriers, as confirmed by preferential treatment under the PTPA (VeK Policy). Supply chains can optimize for bulk shipments to regional hubs while monitoring US demand growth, estimated at around 0.75% monthly, to capitalize on stable export flows.

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

Strategic Supply Chain Overview

Peru Copper wire Export 2025 March under HS Code 740811 operates as a standardized commodity trade. Price is driven by product specification (refined copper wire >6mm cross-section) and contract volumes from dominant buyers. Supply chains function as a processing hub, prioritizing bulk shipments to regional partners. Heavy reliance on a few high-frequency buyers and neighboring markets creates stability but also concentration risk. Preferential trade agreements, like the US-Peru PTPA, reduce tariffs and support steady demand.

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

• Monitor buyer frequency data monthly to anticipate order cycles from key clients, preventing revenue disruption if dominant buyers shift demand.
• Leverage trade agreement maps to prioritize tariff-free markets like the US, securing cost advantages and stabilizing export margins under HS Code 740811.
• Diversify target buyers by engaging low-frequency segments with tailored offers, reducing over-reliance on a few bulk purchasers and capturing niche demand.
• Optimize logistics for high-volume routes to Colombia and Mexico, cutting transport costs through consolidated regional shipments.
• Track cross-sectional dimension compliance for all export batches, ensuring consistent product quality to maintain pricing power and buyer trust.

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 March?

Peru's copper wire exports declined slightly in March 2025 ($84.73M, 8.63M kg) from February's peak, likely due to industrial inventory adjustments. The market remains stable, supported by preferential trade agreements and steady demand for bulk-grade copper wire.

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

Colombia dominates with 36.84% of exports by weight, followed by Mexico and Venezuela. The US accounts for 25.26% of shipment frequency due to tariff advantages under the US-Peru Trade Promotion Agreement.

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

All exports are standardized wire of refined copper (>6mm cross-section), so price differences are minimal. Colombia’s unit price averages $9.54/kg, reflecting consistent bulk-commodity pricing.

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

Prioritize maintaining relationships with dominant high-volume buyers (94.18% of export value) while cautiously exploring niche markets like Brazil to mitigate concentration risks.

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

Buyers benefit from stable supply and predictable pricing due to Peru’s product standardization and trade agreements. However, over-reliance on Peruvian exports may limit diversification options.

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

The exported copper wire (>6mm) is primarily used in industrial and electrical applications, such as power transmission or machinery wiring, due to its standardized, high-conductivity properties.