Peru Crude Oil HS2709 Export Data 2025 September Overview

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

Peru's Crude Oil Export (HS Code 2709) in September 2025 shows total reliance on Brazil, accounting for 100% of trade volume and value, signaling high geographic risk. The consistent value-to-weight ratio confirms a standardized product grade, while the absence of buyer diversification underscores market vulnerability. This analysis, covering September 2025, is based on cleanly processed Customs data from the yTrade database.

Peru Crude Oil (HS 2709) 2025 September Export Background

Peru's Crude Oil (HS Code 2709) covers crude petroleum and bituminous mineral oils, a critical energy source fueling industries like transportation and manufacturing globally. While Peru's 2025 September exports under this code remain modest—primarily to Brazil and the U.S.—recent U.S. tariff hikes [EY Tax News] add pressure, though crude oil isn't directly targeted. Peru's role hinges on stable regional demand and compliance with evolving HS code rules [FreightAmigo], ensuring its exports stay competitive despite broader trade shifts.

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

Key Observations

In September 2025, Peru's crude oil exports under HS Code 2709 continued their downward trajectory, with unit prices hitting an annual low of $0.23 per kg, reflecting a 4.2% month-over-month decline from August and a stark 36.1% drop from the July peak, underscoring persistent weakness in export performance.

Price and Volume Dynamics

The September data shows a consistent MoM decrease, with export value falling to $22.46 million from $24.80 million in August, and volume dropping to 96.11 million kg from 104.29 million kg. This trend aligns with typical crude oil market volatility, where prices are highly sensitive to global supply-demand shifts rather than strong seasonal patterns in Peru. The sharp July spike to $0.41 per kg appears anomalous, likely driven by temporary inventory adjustments or speculative trading, but the subsequent decline suggests underlying softness in demand or competitive pressures, rather than a structural shift in Peru's export capacity.

External Context and Outlook

The broader decline in Peru's crude oil exports through 2025 can be partly attributed to external trade pressures, notably the U.S. tariffs imposed in April 2025, which raised costs for key markets like the U.S. and potentially dampened volumes [EY Tax News]. Combined with global oil price fluctuations and Peru's role as a net importer of crude [FreightAmigo], the outlook remains cautious, with exporters needing to navigate evolving tariff landscapes and maintain compliance with HS code regulations to mitigate further declines.

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

Product Specialization and Concentration

In September 2025, Peru's export of Crude Oil under HS Code 2709 is entirely concentrated in a single product type: crude petroleum oils. This sub-code accounts for all export value, weight, and frequency, with a unit price of approximately $0.23 per kilogram, reinforcing its role as a bulk commodity without significant diversification or price anomalies.

Value-Chain Structure and Grade Analysis

With no other sub-codes present, the export structure for Peru Crude Oil HS Code 2709 is monolithic, consisting solely of unrefined crude oil. This indicates a trade in fungible bulk commodities, where products are standardized and typically linked to global price indices rather than differentiated by quality grades or value-added stages.

Strategic Implication and Pricing Power

The commodity nature of crude oil limits Peru's pricing power, making exports highly susceptible to international market price swings. External factors, such as the US tariffs imposed in April 2025 [EY Tax News], could increase costs and affect competitiveness, particularly for key markets. Exporters should focus on cost efficiency and stay informed on global trade policies to navigate these challenges.

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

Geographic Concentration and Dominant Role

Peru's Crude Oil HS Code 2709 Export in September 2025 is entirely concentrated with Brazil, which accounts for 100% of both value and weight shares. The equal value and weight ratios indicate a consistent, standard grade for this commodity, with no significant price variations.

Partner Countries Clusters and Underlying Causes

The trade forms one dominant cluster centered on Brazil, due to its massive import volume. A secondary cluster includes the United States, which historically imported smaller amounts, as seen in 2023 data [FreightAmigo]. This pattern is likely driven by regional proximity and established trade routes, with minimal contributions from other countries like Colombia.

Forward Strategy and Supply Chain Implications

For exporters, Peru's total dependence on Brazil for Crude Oil sales highlights a high risk from single-market exposure, urging a strategy to diversify buyers for better stability. With no new restrictions reported for September 2025 (FreightAmigo), the current export flow may continue, but firms should watch for any geopolitical or policy changes that could disrupt trade.

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

Strategic Supply Chain Overview

For Peru Crude Oil Export 2025 September under HS Code 2709, the market is defined by high concentration and commodity nature. Price drivers are global crude oil indices and geopolitical risks, such as US tariffs. Supply chain implications include single-market dependence on Brazil and vulnerability to disruptions. This requires a focus on supply security and cost-efficient logistics.

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

• Use trade data to identify and target new buyer markets beyond Brazil. This reduces single-market risk and increases sales stability.
• Monitor global crude oil price indices and geopolitical news daily. This helps anticipate price swings and adjust export strategies.
• Analyze buyer frequency data to strengthen long-term contracts with current dominant buyers. This secures ongoing sales and mitigates demand shifts.
• Implement logistics optimization using shipment weight and frequency data. This lowers costs and improves efficiency in bulk shipments.
• Track tariff changes and compliance requirements through trade databases. This avoids penalties and maintains competitiveness.

Take Action Now —— Explore Peru Crude Oil Export Data

Frequently Asked Questions

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

Peru's crude oil exports declined sharply in September 2025, with unit prices hitting $0.23 per kg, a 36.1% drop from July’s peak. This reflects global price volatility and reduced demand, exacerbated by U.S. tariffs imposed earlier in 2025.

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

Brazil is the sole buyer, accounting for 100% of Peru’s crude oil exports by value and volume. The U.S. historically imported smaller amounts but had no presence in September 2025.

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

There is no price variation, as Peru’s exports consist solely of unrefined crude oil (HS Code 2709), a standardized bulk commodity traded at uniform global benchmark rates.

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

Exporters must prioritize maintaining relationships with Brazil’s bulk buyers while diversifying markets to reduce reliance on a single destination. Monitoring global tariffs and cost efficiency is critical.

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

Brazil’s dominance ensures stable supply but leaves buyers vulnerable to price swings. The absence of niche buyers indicates trade is strictly large-scale, requiring long-term contracts for security.

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 petrochemicals in importing countries.