Peru Crude Oil HS2709 Export Data 2025 May Overview

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

Peru's Crude Oil (HS Code 2709) exports in May 2025 show a single dominant market, with Brazil accounting for 100% of shipments at a stable $0.25/kg unit price, confirming a standard commodity grade. The market is highly concentrated, increasing supply chain vulnerability, while Brazil's dominance reflects geographic and trade agreement advantages. This analysis covers May 2025 and is based on cleanly processed Customs data from the yTrade database.

Peru Crude Oil (HS 2709) 2025 May Export Background

Peru's Crude Oil (HS Code 2709) covers crude petroleum oils and oils obtained from bituminous minerals, a critical input for energy and manufacturing sectors worldwide, ensuring steady global demand. With new US tariffs effective April 2025 impacting trade flows [EY Tax News], Peru's role as a key exporter—shipping $225M in 2023 primarily to Brazil and the US [OEC]—positions its 2025 May exports under heightened scrutiny amid shifting trade dynamics.

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

Key Observations

Peru's Crude Oil exports under HS Code 2709 in May 2025 saw a modest value increase to $34.65 million, rebounding from April's low, but unit prices continued their downward trend to $0.25/kg, marking the lowest point in 2025 and reflecting persistent market pressure.

Price and Volume Dynamics

Month-over-month, May's export value rose by 25% from April's $27.74 million, driven by a volume increase to 136.11 million kg, though unit prices dipped further. This volatility aligns with crude oil's inherent price sensitivity to global supply-demand imbalances, where inventory adjustments and production cycles often lead to sharp swings. The sequential decline from February's peak unit price of $0.42/kg suggests underlying market softness, potentially exacerbated by reduced industrial demand or localized oversupply issues in Peru's export channels.

External Context and Outlook

The April 2025 imposition of a 10% US tariff on all trading partners [EY Tax News] likely contributed to the April value dip, as the US is a minor but strategic market for Peru Crude Oil HS Code 2709 Export 2025 May. (EY Tax News) This policy shock introduced short-term disruption, but May's partial recovery indicates potential market diversification or price absorption strategies. Looking ahead, ongoing global oil price fluctuations and trade policy adjustments will continue to shape Peru's export trajectory, requiring close monitoring of demand shifts in key regions like Brazil and the US.

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

Product Specialization and Concentration

In May 2025, Peru's export of Crude Oil under HS Code 2709 is entirely concentrated on a single product type. The dominating sub-code is 2709000000 for petroleum oils crude, accounting for all exports with a value of 34.65 million USD and a weight of 136.11 million kilograms. The low unit price of 0.25 USD per kilogram underscores its nature as a bulk commodity with no price anomalies present.

Value-Chain Structure and Grade Analysis

With no other sub-codes to analyze, the export structure for Peru Crude Oil HS Code 2709 is homogeneous, consisting exclusively of crude oil without differentiation in value-add stages or quality grades. This simplicity confirms a trade in fungible bulk commodities, where products are standardized and pricing is inherently linked to global market indices rather than product-specific features.

Strategic Implication and Pricing Power

Peru's export strategy for Crude Oil under HS Code 2709 in May 2025 faces limited pricing power due to its commodity nature, relying on volume and cost competitiveness. Potential impacts from recent US tariff changes [EY Tax News] could elevate export costs, urging a focus on market diversification and operational efficiency to mitigate risks.

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

Geographic Concentration and Dominant Role

Brazil is the only significant importer of Peru's crude oil exports in May 2025, with a 100% share in both value and weight, showing no disparity in unit price at approximately $0.25 per kg, which points to a standard commodity grade for Peru Crude Oil HS Code 2709 Export 2025 May.

Partner Countries Clusters and Underlying Causes

The trade is highly concentrated with no other countries in the top 10, forming a single cluster centered on Brazil. This pattern likely stems from geographic proximity and existing bilateral trade agreements, reducing logistics costs for crude oil shipments.

Forward Strategy and Supply Chain Implications

Peru's heavy reliance on Brazil for crude oil exports increases vulnerability to supply disruptions or political changes. To mitigate risk, Peru should explore diversifying export markets, while buyers in Brazil should secure long-term contracts to ensure stable supply.

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

Strategic Supply Chain Overview

Peru Crude Oil Export 2025 May under HS Code 2709 operates as a pure commodity trade. Price is driven solely by global crude indices and Brazil's demand. The supply chain faces high risk from single-buyer and single-destination reliance. Any disruption in Brazil or tariff changes immediately threatens revenue.

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

• Diversify export destinations using trade flow analytics. Target new markets in Asia or Europe to reduce dependence on Brazil and stabilize revenue.
• Analyze buyer purchase frequency to forecast demand cycles. Adjust production schedules to match Brazil's import patterns and avoid costly inventory gaps or gluts.
• Monitor real-time tariff and regulatory updates. Use trade intelligence platforms to anticipate cost changes and adjust pricing strategies proactively.
• Leverage port efficiency data from key hubs like Callao. Optimize loading and shipping schedules to minimize logistics costs and maintain competitive delivery times.

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Frequently Asked Questions

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

Peru's crude oil exports rebounded in May 2025 with a 25% value increase to $34.65 million, but unit prices fell to $0.25/kg—the lowest in 2025—due to global market pressures and a 10% US tariff shock in April.

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

Brazil is the sole importer, capturing 100% of Peru’s crude oil exports by value and volume, reflecting extreme geographic concentration.

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

No unit price differences exist; Peru’s exports consist solely of standardized crude oil (HS Code 2709000000) at a uniform $0.25/kg, typical for bulk commodities.

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

Exporters must maintain ties with the dominant buyer (PETROTAL PERU S.R.L.) while diversifying markets to mitigate risks from over-reliance on Brazil.

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

Brazilian buyers benefit from stable, high-volume supply but face vulnerability if Peru’s exports are disrupted, urging long-term contract safeguards.

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

Peru’s crude oil exports are fungible bulk commodities, primarily refined into fuels or industrial feedstocks in importing countries.