Peru Copper Wire HS740811 Export Data 2025 May Overview

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

Peru's Copper wire (HS Code 740811) Export in 2025 May shows strong regional reliance, with Venezuela dominating at 21% of shipments, reflecting stable bulk trade pricing at 9.8 USD/kg. The market is concentrated in South America, with over 60% of volume going to neighboring countries, while the US drives frequent but smaller orders. This analysis covers the 2025 May period and is based on cleanly processed Customs data from the yTrade database.

Peru Copper Wire (HS 740811) 2025 May 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 widely used in electrical infrastructure, automotive wiring, and renewable energy systems, particularly in photovoltaic applications. The global demand for this commodity remains stable due to its essential role in industrial and energy sectors, driven by urbanization and green energy transitions.

Current Context and Strategic Position

Peru's copper wire exports under HS Code 740811 face competitive pressures in key markets like the U.S., where high import tariffs disadvantage them against duty-free alternatives [VeK Policy]. The U.S.-Peru Trade Promotion Agreement provides some tariff relief, but market access remains a challenge (General Note 32). Peru's strategic significance lies in its robust copper production capacity, positioning it as a key supplier in 2025. However, May's trade dynamics require close monitoring, as policy shifts and global base metal flow disruptions could impact Peru's copper wire exports (UNCTAD). Vigilance is essential to navigate these uncertainties.

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

Key Observations

Peru Copper wire HS Code 740811 Export 2025 May totaled $84.04 million in value and 8.57 million kg in volume, reflecting a marginal softening from April’s performance.

Price and Volume Dynamics

The monthly decline aligns with typical second-quarter inventory adjustments in copper supply chains, where post-Q1 restocking often gives way to slower industrial offtake. Quarterly figures show exports dipped from Q1’s $88.9 million average to $85.0 million in Q2, underscoring this cyclical easing. Year-on-year comparisons were not feasible without prior data, but the pattern suggests seasonally moderated demand rather than a structural downturn.

External Context and Outlook

This moderation occurred against a backdrop of sustained trade headwinds, particularly high US import tariffs under the current duty structure which dampen competitiveness for Peruvian shipments [VeK Policy]. Without improved bilateral terms, this tariff barrier continues to limit upside for Peru Copper wire exports, keeping near-term trade volumes susceptible to policy-driven constraints rather than pure market demand.

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

Product Specialization and Concentration

In May 2025, Peru's export of Copper wire under HS Code 740811 is entirely concentrated in a single specialized product: copper wire of refined copper with a maximum cross-sectional dimension exceeding 6mm. This sub-code accounts for 100% of the export value and weight, with a unit price of 9.81 USD per kilogram, as per yTrade data. The high concentration indicates a focused export strategy without significant price anomalies or diversification within this code.

Value-Chain Structure and Grade Analysis

The export structure for Peru's HS Code 740811 consists solely of this copper wire product, which is a semi-finished manufactured good rather than a raw commodity. Its specific grade and form—refined copper wire over 6mm—suggest it is used in applications like electrical wiring or photovoltaic systems, as indicated in general trade descriptions. This implies a trade in differentiated goods with potential value-added characteristics, rather than fungible bulk materials tied to commodity indices.

Strategic Implication and Pricing Power

Peru's export focus on this high-value copper wire provides moderate pricing power due to its specialized nature. The US-Peru Trade Promotion Agreement reduces tariffs on such goods, enhancing competitiveness in key markets like the US [USITC]. For market players, this supports strategic emphasis on maintaining quality and leveraging trade agreements to sustain export growth for Peru Copper wire HS Code 740811 Export in 2025 May.

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

Geographic Concentration and Dominant Role

Peru's Copper wire HS Code 740811 Export in 2025 May shows strong regional focus, with Venezuela as the dominant importer at 21.25% of weight share and 21.19% of value share. The near-identical value and weight ratios suggest a consistent, commodity-grade product pricing around 9.8 USD per kilogram, indicating bulk trade without high value-added differentiation.

Partner Countries Clusters and Underlying Causes

Two main clusters emerge: South American neighbors (Venezuela, Ecuador, Colombia) account for over 60% of weight share, likely driven by geographic proximity and efficient supply chain logistics for raw materials. A second cluster includes the United States and Mexico, where the US has high shipment frequency (32%) but lower volume, possibly due to trade agreements like the US-Peru Trade Promotion Agreement [USITC] facilitating regular, smaller consignments for manufacturing inputs.

Forward Strategy and Supply Chain Implications

For exporters, prioritizing regional markets in South America offers stable demand for bulk shipments, while the US market requires attention to frequent, smaller orders potentially for specialized applications. Supply chains should optimize for cost-effective logistics to nearby countries and maintain flexibility for high-frequency routes to North America, leveraging existing trade frameworks (USITC) to mitigate tariff impacts.

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

Strategic Supply Chain Overview

Peru's Copper wire Export 2025 May for HS Code 740811 is a specialized, semi-finished manufactured product. Its price is driven by product specifications (refined copper wire over 6mm) and high-volume contracts with frequent buyers. Supply chains must function as an assembly hub, prioritizing logistics for bulk regional shipments and flexible high-frequency routes to North America. Trade agreements like the US-Peru pact reduce tariffs, but reliance on key buyers and regions creates vulnerability.

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

• Use buyer frequency data to lock in long-term contracts with high-value clients. This secures stable revenue and reduces market volatility.
• Analyze shipment patterns to optimize logistics for South American bulk routes and US frequent small orders. This cuts costs and improves delivery reliability.
• Leverage HS Code 740811 specifications to market value-added features to tech sectors. This justifies premium pricing and expands market reach.
• Monitor trade agreement updates like the US-Peru pact to ensure tariff-free access. This maintains competitiveness in key markets.
• Diversify buyer portfolios using trade data to identify new high-potential clients. This reduces dependency on dominant buyers and spreads risk.

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 May?

The marginal softening in May 2025 reflects typical Q2 inventory adjustments in copper supply chains, with cyclical demand moderation rather than structural decline. High US import tariffs further constrain export growth potential.

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

Venezuela dominates with 21% of value share, followed by Ecuador and Colombia (collectively over 60% weight share). The US accounts for 32% of shipment frequency but lower volume.

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

The uniform unit price (~9.81 USD/kg) indicates standardized pricing for the single exported product: refined copper wire over 6mm, traded as a semi-finished bulk good without regional price differentiation.

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

Exporters must prioritize high-value buyers (92% of trade value) while diversifying to mitigate reliance on concentrated markets like Venezuela. Leveraging duty-free US access under trade agreements is critical.

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

Buyers in South America benefit from stable bulk supply, while US buyers receive frequent, smaller shipments for manufacturing inputs, supported by tariff advantages.

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

The exported copper wire (over 6mm cross-section) is likely used in electrical wiring or photovoltaic systems, given its refined grade and semi-finished form.