Peru Crude Oil HS2709 Export Data 2025 July Overview

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

Peru's Crude Oil Export (HS Code 2709) in July 2025 reveals extreme market concentration, with Brazil accounting for 100% of trade volume and value, highlighting severe supply chain risk. The bulk commodity nature of the product, confirmed by aligned value-weight ratios, demands urgent diversification to mitigate reliance on a single buyer. This analysis, covering July 2025, is based on cleanly processed Customs data from the yTrade database.

Peru Crude Oil (HS 2709) 2025 July Export Background

Peru's Crude Oil (HS Code 2709), classified as crude petroleum oils and oils obtained from bituminous minerals, fuels global industries like energy and transportation due to its stable demand. Recent U.S. tariff changes, effective April 2025, could impact Peru's exports, including its $225M crude oil trade, which primarily serves Brazil [EY Global Tax News]. As a key exporter, Peru's July 2025 shipments under HS Code 2709 remain critical for regional energy security and trade balance.

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

Key Observations

Peru's Crude Oil exports under HS Code 2709 surged in July 2025, with unit prices jumping 37% month-over-month to $0.41/kg and export value climbing 89% from June to $70.62 million. This rebound followed five months of declining or stagnant pricing, marking July as a clear outlier in the 2025 trend.

Price and Volume Dynamics

The first half of 2025 saw volatile but generally weak pricing, falling from a February peak of $0.42/kg to a low of $0.25/kg in May. July’s sharp recovery in both price and volume (up 38% MoM to 173.68 million kg) suggests market rebalancing after a period of oversupply or inventory drawdowns. The crude oil industry often experiences such cyclical corrections, where prolonged price pressure eventually triggers supply adjustments or renewed buying interest.

External Context and Outlook

The April 2025 implementation of U.S. baseline tariffs [EY Global Tax News] likely disrupted trade flows early in Q2, depressing prices as exporters adjusted to new trade costs. By July, markets appear to have absorbed this shock, with Peru’s crude finding renewed demand—particularly from key partners like Brazil (EY Global Tax News). Looking ahead, sustained price stability will depend on global oil fundamentals and ongoing adaptation to U.S. trade policy shifts.

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

Product Specialization and Concentration

In July 2025, Peru's export of Crude Oil under HS Code 2709 is fully specialized in a single product: petroleum oils and oils obtained from bituminous minerals, crude. This sub-code accounts for all export value, weight, and quantity, with a unit price of 0.41 USD per kilogram, aligning with typical global crude oil benchmarks and showing no extreme price anomalies.

Value-Chain Structure and Grade Analysis

With only one sub-code present, Peru's Crude Oil export under HS Code 2709 consists solely of raw, unrefined crude. This structure confirms it as a fungible bulk commodity, where trade is driven by volume and global price indices rather than product differentiation or value-added stages.

Strategic Implication and Pricing Power

As a bulk commodity exporter, Peru has minimal pricing power and must compete on cost and logistics in volatile markets. According to [OEC World], Peru exported $225 million in Crude Petroleum in 2023, primarily to Brazil, reinforcing its dependence on stable trade routes and external demand shifts for Peru Crude Oil HS Code 2709 Export in 2025 July.

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

Geographic Concentration and Dominant Role

Peru's Crude Oil HS Code 2709 Export in 2025 July shows a complete reliance on a single market. Brazil holds 100% of the trade by value, weight, and frequency, indicating no other buyers participated. The perfect alignment between value and weight ratios confirms this is a bulk commodity trade with consistent pricing per ton.

Partner Countries Clusters and Underlying Causes

Only one country cluster exists: Brazil as the sole destination. This extreme concentration stems from Brazil's large refining capacity and geographic proximity to Peru, making shipping efficient. Peru's limited export infrastructure, concentrated in a few key ports like Callao [FreightAmigo], further channels exports toward one major regional partner.

Forward Strategy and Supply Chain Implications

This total dependence on one buyer creates major supply chain risk. Sellers must diversify to other regional markets to avoid price pressure. New US tariffs effective since April 2025 [EY Global Tax News] add another reason to explore non-Brazilian routes. Shippers should plan for potential port congestion, as all exports flow through limited gateways (FreightAmigo).

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

Strategic Supply Chain Overview

Peru Crude Oil Export 2025 July under HS Code 2709 operates as a pure commodity trade. Price depends entirely on global crude benchmarks like Brent or WTI, not product quality. Brazil’s 100% buyer share creates extreme pricing vulnerability. Supply chains face high risk from single-market dependence and limited port capacity at Callao. Any demand shift in Brazil or logistics disruption immediately threatens export revenue.

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

• Track Brazil’s national refining cycles and import plans using trade flow data to time shipments and avoid price dips during low demand periods.
• Identify alternative buyers in Chile or Colombia by analyzing their crude import patterns to reduce reliance on a single market and increase negotiation power.
• Monitor global crude price indices daily and set automatic volume triggers to accelerate or delay shipments, maximizing margin during price spikes.
• Audit port throughput data at Callao to anticipate congestion and schedule shipments during off-peak windows, ensuring on-time delivery and avoiding demurrage fees.
• Use real-time trade intelligence to watch for new US tariff policies affecting regional partners, allowing quick rerouting of cargoes to avoid additional costs.

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Frequently Asked Questions

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

Peru's Crude Oil exports surged in July 2025, with unit prices jumping 37% month-over-month to $0.41/kg and export value rising 89%. This rebound followed five months of declining prices, likely due to market rebalancing after oversupply and adjustments to U.S. tariff impacts.

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

Brazil is the sole destination for Peru's Crude Oil exports in July 2025, accounting for 100% of trade value and volume. This extreme concentration reflects Brazil's refining capacity and geographic proximity to Peru.

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

There is no price variation, as Peru's Crude Oil exports under HS Code 2709 consist solely of raw, unrefined crude—a fungible bulk commodity traded at a consistent global benchmark price of $0.41/kg.

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

Exporters must prioritize maintaining relationships with dominant buyers like Petrotal Peru S.R.L., while diversifying to other regional markets to reduce reliance on Brazil and mitigate supply chain risks.

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

Brazilian buyers benefit from stable, long-term supply agreements but face potential price volatility if Peru fails to diversify exports or adapt to global trade policy shifts.

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

Peru's Crude Oil exports are raw, unrefined commodities primarily destined for refining into fuels and other petroleum products in importing countries like Brazil.