Peru Crude Oil HS2709 Export Data 2025 August Overview

Peru Crude Oil (HS 2709) 2025 August Export: Key Takeaways

Peru's Crude Oil exports under HS Code 2709 in August 2025 were entirely concentrated in Brazil, accounting for 100% of trade volume and value, signaling a single high-volume relationship with uniform pricing. This extreme buyer dependence highlights significant supply chain risk, requiring stability-focused strategies or diversification. Based on cleanly processed Customs data from the yTrade database, this analysis confirms Brazil's dominance, driven by geographic proximity and established infrastructure, with no other markets active during the period.

Peru Crude Oil (HS 2709) 2025 August Export Background

Peru's Crude Oil (HS Code 2709) covers crude petroleum oils and oils from bituminous minerals, a critical input for energy and manufacturing industries worldwide, ensuring steady global demand. With new US tariffs taking effect in April 2025 [EY Global Tax News], Peru's $225M crude oil exports—primarily to Brazil—face shifting trade dynamics, making its ports key gateways for 2025 August shipments [FreightAmigo].

Peru Crude Oil (HS 2709) 2025 August Export: Trend Summary

Key Observations

August 2025 marked a severe downturn for Peru Crude Oil HS Code 2709 Export, with the unit price crashing to 0.24 USD/kg—a 41% month-over-month plunge from July's 0.41 USD/kg—accompanied by value and volume declines to 24.80M USD and 104.29M kg, respectively.

Price and Volume Dynamics

The MoM comparison reveals stark volatility: August's unit price drop reversed July's spike, while value and volume fell by 65% and 40% from July. This erratic pattern aligns with crude oil's inherent price sensitivity to global supply-demand imbalances and seasonal inventory cycles, where mid-year fluctuations often reflect refinery maintenance or shifting export schedules. The 2025 trend shows earlier instability, like February's price surge to 0.42 USD/kg, underscoring the market's unpredictability without clear structural shifts.

External Context and Outlook

External factors amplified this volatility; US tariff impositions effective April 2025 [EY Global Tax News] likely disrupted trade flows, as Peru's crude exports historically target Brazil and the US (OEC). With trade policy uncertainties persisting, the outlook for Peru Crude Oil HS Code 2709 Export remains clouded by potential demand-side pressures and geopolitical adjustments.

Peru Crude Oil (HS 2709) 2025 August Export: HS Code Breakdown

Product Specialization and Concentration

Peru's Crude Oil HS Code 2709 export in August 2025 is entirely concentrated in a single product: crude petroleum oils. This product accounts for all export value, weight, and shipment frequency under this code. The unit price is 24 cents per kilogram, typical for bulk crude oil.

Value-Chain Structure and Grade Analysis

The structure shows no product diversification within HS Code 2709. All exports consist of unrefined crude oil, indicating a pure bulk commodity trade. This form aligns with global crude oil markets where pricing follows benchmark indices rather than product differentiation. The absence of refined or processed petroleum products confirms Peru exports this resource in its rawest form.

Strategic Implication and Pricing Power

Peru's Crude Oil export under HS Code 2709 operates as a price-taker commodity [FreightAmigo]. The concentration in crude oil means Peru's export revenue depends entirely on global oil prices and destination market demand. In 2023, Brazil was the primary destination for these exports [OEC]. Recent US tariff announcements could create alternative market pressures [EY Global Tax News], but the fundamental strategy requires maintaining cost-competitive production and flexible market access.

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Peru Crude Oil (HS 2709) 2025 August Export: Market Concentration

Geographic Concentration and Dominant Role

In August 2025, Peru's Crude Oil exports under HS Code 2709 were completely dominated by Brazil, which accounted for 100% of both value and weight, indicating a single, high-volume trade relationship with no disparity in unit price, suggesting uniform product grade and pricing for this commodity. This total concentration points to Brazil as the exclusive buyer during this period.

Partner Countries Clusters and Underlying Causes

The data shows only one cluster centered on Brazil, likely due to geographic proximity and established infrastructure, which reduces logistics costs for bulk commodity shipments like crude oil. Historical data from OEC World supports that Brazil has been a primary destination for Peru's crude oil exports, reinforcing this pattern.

Forward Strategy and Supply Chain Implications

For market players, this high dependence on Brazil means Peru should focus on maintaining stable supply chains and potentially exploring diversification to mitigate risks. Importers should note this concentration and plan for secure, long-term agreements, as crude oil is a strategic resource influenced by geopolitical factors.

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Peru Crude Oil (HS 2709) 2025 August Export: Action Plan for Crude Oil Market Expansion

Strategic Supply Chain Overview

The Peru Crude Oil Export 2025 August under HS Code 2709 operates as a pure commodity market. Price is driven by global oil indices and Brazil's demand as the sole buyer. Supply chain implications focus entirely on secure, high-volume logistics to a single destination, with no product diversification or value-added processing. This creates high vulnerability to price swings or supply disruptions.

Action Plan: Data-Driven Steps for Crude Oil Market Execution

• Use trade flow analytics to identify alternative buyers in Asia or Europe, reducing over-reliance on one market and spreading risk.
• Monitor global crude oil price benchmarks daily to time export contracts, maximizing revenue against volatile commodity cycles.
• Analyze shipping logistics for cost-efficient routes to potential new markets, securing competitive freight rates for bulk shipments.
• Negotiate flexible contract terms with buyers using historical trade data, ensuring adaptability to sudden demand or policy changes.
• Track geopolitical and tariff updates in real-time to anticipate trade barriers, protecting market access and pricing stability.

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Frequently Asked Questions

Q1. What is driving the recent changes in Peru Crude Oil Export 2025 August?

The unit price crashed 41% month-over-month to $0.24/kg, with value and volume dropping 65% and 40%, respectively. This reflects crude oil's inherent volatility, exacerbated by US tariff disruptions and reliance on Brazil as the sole buyer.

Q2. Who are the main partner countries in this Peru Crude Oil Export 2025 August?

Brazil dominated entirely, accounting for 100% of Peru's crude oil exports by value and volume in August 2025.

Q3. Why does the unit price differ across Peru Crude Oil Export 2025 August partner countries?

No price differences exist—Peru exports only unrefined crude oil under HS Code 2709 at a uniform $0.24/kg, typical for bulk commodity pricing.

Q4. What should exporters in Peru focus on in the current Crude Oil export market?

Exporters must maintain strong ties with Brazil, the sole buyer, while exploring diversification to mitigate risks from demand shifts or geopolitical disruptions.

Q5. What does this Peru Crude Oil export pattern mean for buyers in partner countries?

Brazil's exclusive reliance on Peruvian crude signals stable, large-scale supply but exposes buyers to price volatility and supply chain risks from single-source dependence.

Q6. How is Crude Oil typically used in this trade flow?

Peru's crude oil exports are unrefined bulk commodities, primarily destined for refining into fuels or petrochemical feedstocks in partner countries.