Peru Crude Petroleum HS270900 Export Data 2025 Q2 Overview
Peru Crude Petroleum (HS 270900) 2025 Q2 Export: Key Takeaways
Peru's Crude Petroleum exports under HS Code 270900 in 2025 Q2 show total reliance on Brazil as the sole buyer, creating high market concentration risk. The equal value-to-weight ratio confirms standard commodity pricing without premiums, typical for bulk crude oil. Geographic dependence on Brazil reflects cost-efficient trade routes but exposes Peru to supply chain vulnerabilities. This analysis covers 2025 Q2 and is based on cleanly processed Customs data from the yTrade database.
Peru Crude Petroleum (HS 270900) 2025 Q2 Export Background
What is HS Code 270900?
HS Code 270900 refers to Petroleum oils and oils obtained from bituminous minerals, crude, a globally traded commodity essential for energy production and industrial applications. Its demand is driven by refining into fuels, lubricants, and petrochemical feedstocks, making it a cornerstone of global trade. Peru’s crude petroleum exports under this code are a critical component of its natural resource-driven economy.
Current Context and Strategic Position
In 2025 Q2, Peru’s Crude Petroleum (HS Code 270900) exports face a shifting trade landscape due to the U.S. imposition of a 10% baseline tariff on all trading partners, effective April 5, 2025 [EY Tax News]. However, the U.S.-Peru Trade Promotion Agreement provides preferential duty treatment, mitigating some tariff impacts [USITC]. Peru’s exporters have adapted by absorbing partial tariff costs to maintain U.S. market access [Tridge]. With crude petroleum exports valued at $2.4 billion [World Bank], Peru’s strategic position hinges on balancing trade agreements and global tariff pressures, necessitating close market monitoring.
Peru Crude Petroleum (HS 270900) 2025 Q2 Export: Trend Summary
Key Observations
Peru Crude Petroleum exports under HS Code 270900 declined in 2025 Q2, with total export value falling to $99.75 million and volume dropping to 369.82 million kg. This represents a sharp quarter-on-quarter decrease from Q1’s stronger performance.
Price and Volume Dynamics
The quarterly decline was driven by a steep drop in March, with exports falling to $33.10 million, before showing partial recovery in May and June. This pattern aligns with typical refinery maintenance cycles and inventory drawdowns during the second quarter. Year-over-year comparisons were not available, but the sequential softening suggests market recalibration rather than a structural downturn.
External Context and Outlook
The additional pressure on exports stemmed from the U.S. imposition of a 10% baseline tariff on all trading partners in early April [EY Tax News]. Although Peruvian exporters agreed to absorb part of these costs to maintain trade flows (Tridge), the new duties likely dampened Q2 shipment volumes. Looking ahead, export competitiveness will depend on sustained cost-sharing arrangements and global crude pricing trends.
Peru Crude Petroleum (HS 270900) 2025 Q2 Export: HS Code Breakdown
Product Specialization and Concentration
According to yTrade data, Peru's export of Crude Petroleum under HS Code 270900 in Q2 2025 is entirely concentrated on a single product: crude petroleum oils. This product accounts for 100% of the export value, quantity, and weight, with a unit price of 0.27 USD per kilogram, confirming its role as a low-value bulk commodity. The analysis for 2025 Q2 shows no other sub-codes, indicating a highly specialized export profile focused solely on raw crude oil.
Value-Chain Structure and Grade Analysis
The export structure for Peru Crude Petroleum HS Code 270900 Export 2025 Q2 is monolithic, with no variation in sub-codes. This implies that Peru's exports are exclusively in the raw, unrefined form, characteristic of a fungible bulk commodity. Such goods are typically traded based on global price indices rather than differentiated qualities or value-added stages, underscoring a straightforward, commodity-driven market.
Strategic Implication and Pricing Power
For Peru Crude Petroleum HS Code 270900 Export 2025 Q2, the commodity nature limits pricing power, tying it to international benchmarks. External factors, such as the 10% baseline US tariff imposed in April 2025 [EY Tax News], may pressure margins, but the US-Peru Trade Promotion Agreement could offer some relief (General Note 32). Peruvian exporters' strategy to absorb part of these tariffs (Tridge) highlights efforts to maintain market access amid competitive global conditions.
Check Detailed HS 270900 Breakdown
Peru Crude Petroleum (HS 270900) 2025 Q2 Export: Market Concentration
Geographic Concentration and Dominant Role
In 2025 Q2, Peru's export of Crude Petroleum under HS Code 270900 is entirely concentrated with Brazil as the sole significant partner, holding 100% share in both value and weight. This equal ratio indicates a standard commodity trade without price premiums or discounts, typical for homogeneous goods like crude oil.
Partner Countries Clusters and Underlying Causes
With only Brazil listed in the top partners, no distinct clusters exist, highlighting a single-market reliance. This pattern is likely driven by geographic proximity and established trade routes between Peru and Brazil, which reduce transportation costs for bulk commodity exports.
Forward Strategy and Supply Chain Implications
For market players, the total dependence on Brazil for Peru Crude Petroleum HS Code 270900 exports in 2025 Q2 calls for focused efforts to maintain this relationship through reliable supply and cost-efficient logistics. Diversifying export markets could reduce risk from potential trade disruptions or policy changes.
Table: Peru Crude Petroleum (HS 270900) Top Partner Countries (Source: yTrade)
| Country | Value | Quantity | Frequency | Weight |
|---|---|---|---|---|
| BRAZIL | 99.75M | 429.74K | 129.00 | 369.82M |
| ****** | ****** | ****** | ****** | ****** |
Get Complete Partner Countries Profile
Peru Crude Petroleum (HS 270900) 2025 Q2 Export: Action Plan for Crude Petroleum Market Expansion
Strategic Supply Chain Overview
Peru Crude Petroleum Export 2025 Q2 under HS Code 270900 is a pure commodity trade. Price is driven by global crude oil benchmarks, not product differentiation. All exports are raw, bulk-grade crude. This creates high exposure to international price volatility and policy shifts like the 10% US tariff. Supply chain implications are direct. Peru acts as a bulk supplier to a single high-volume buyer in Brazil. This reliance on one partner and one buyer type simplifies logistics but increases risk. Any disruption in demand or trade relations directly impacts revenue.
Action Plan: Data-Driven Steps for Crude Petroleum Market Execution
- Monitor real-time global crude price indices daily. This allows timely price adjustments for Peru Crude Petroleum Export 2025 Q2 contracts under HS Code 270900, protecting margins against volatility.
- Use trade data to identify and qualify new buyers in stable markets like Asia or Europe. Diversifying buyers reduces over-reliance on Brazil and spreads risk.
- Analyze shipping cost data for alternative export routes. Lowering logistics costs for HS Code 270900 shipments improves competitiveness if new markets are targeted.
- Track policy updates from key trade partners weekly. Early awareness of tariff changes enables proactive cost-sharing negotiations with buyers, preserving market access.
Take Action Now —— Explore Peru Crude Petroleum Export Data
Frequently Asked Questions
Q1. What is driving the recent changes in Peru Crude Petroleum Export 2025 Q2?
Peru's crude petroleum exports declined sharply in Q2 2025 due to refinery maintenance cycles and the impact of a 10% U.S. tariff, which dampened shipment volumes despite exporters absorbing part of the cost.
Q2. Who are the main partner countries in this Peru Crude Petroleum Export 2025 Q2?
Brazil is the sole export destination, accounting for 100% of Peru's crude petroleum trade by value and volume in Q2 2025.
Q3. Why does the unit price differ across Peru Crude Petroleum Export 2025 Q2 partner countries?
The unit price (0.27 USD/kg) is uniform, reflecting the undifferentiated, bulk-commodity nature of Peru's crude oil exports, which lack value-added grades or processing.
Q4. What should exporters in Peru focus on in the current Crude Petroleum export market?
Exporters must prioritize maintaining strong relationships with Brazil’s high-volume buyers while exploring diversification to mitigate reliance on a single market.
Q5. What does this Peru Crude Petroleum export pattern mean for buyers in partner countries?
Brazilian buyers benefit from stable, large-scale shipments but face risks if Peru’s export capacity or logistics are disrupted.
Q6. How is Crude Petroleum typically used in this trade flow?
Peru’s crude oil exports are used as raw feedstock for refining, aligning with its unprocessed, bulk-commodity trade profile.
Detailed Monthly Report
Peru Crude Petroleum HS270900 Export Data 2025 Q1 Overview
Peru Crude Petroleum (HS Code 270900) Export in 2025 Q1 shows 99.4% shipments to Brazil at $0.34/kg, with China paying $0.49/kg, per yTrade data.
Peru Crude Petroleum HS270900 Export Data 2025 Q3 Overview
Peru's 2025 Q3 Crude Petroleum (HS Code 270900) exports relied entirely on Brazil, exposing supply chain risks, per yTrade customs data.
