Peru Gold Bullion HS7108 Export Data 2025 March Overview

Peru Gold Bullion (HS 7108) 2025 March Export: Key Takeaways

Peru's Gold Bullion (HS Code 7108) export in March 2025 reveals a high-value, purity-driven market, with the UAE dominating as the top destination—accounting for 28.39% of export value but just 11.45% of weight, signaling premium-grade shipments. Buyer concentration is high, with UAE and India forming a key cluster for refined gold, while Canada and Switzerland handle bulk volumes. This analysis, covering March 2025, is based on cleanly processed Customs data from the yTrade database.

Peru Gold Bullion (HS 7108) 2025 March Export Background

Peru Gold Bullion (HS Code 7108), covering unwrought or semi-manufactured gold and powder, fuels global industries like jewelry, electronics, and central bank reserves due to its stable demand. Recent 2025 HS code updates under the US-Peru Trade Promotion Agreement [FreightAmigo] highlight Peru’s role as a top exporter, with March 2025 shipments likely driven by strong demand from Canada, India, and Switzerland [OEC]. Peru’s mining sector remains critical, supplying high-purity gold to global markets.

Peru Gold Bullion (HS 7108) 2025 March Export: Trend Summary

Key Observations

Peru Gold Bullion HS Code 7108 Export 2025 March saw a dramatic surge in volume, with shipments jumping to 73.12K kg—more than doubling February's total and marking the highest monthly volume in the observed period.

Price and Volume Dynamics

The March rebound followed a sharp February contraction, with volume climbing 106% month-over-month. This volatility aligns with gold's role as a safe-haven asset, where rapid shifts often follow price corrections. While the unit price dropped 18% from February's peak to $34,872/kg, it remained elevated compared to January, reflecting sustained underlying demand. The value skyrocketed to $2.55B, underscoring both volume recovery and resilient premium pricing.

External Context and Outlook

This volatility coincides with Peru's ongoing efforts to regulate gold trade flows, particularly to markets like India and the UAE where demand remains strong despite regulatory scrutiny [FreightAmigo]. The U.S.-Peru Trade Promotion Agreement continues to provide stability for eligible shipments (General Note 32), but price swings are likely to persist amid global economic uncertainty and evolving mining policies (The FACT Coalition). Expect continued attention to traceability and export documentation for HS Code 7108.

Peru Gold Bullion (HS 7108) 2025 March Export: HS Code Breakdown

Product Specialization and Concentration

In March 2025, Peru's Gold Bullion exports under HS Code 7108 are entirely concentrated in a single sub-code for unwrought gold, which represents the full export volume and value. This sub-code, 7108120000, covers non-monetary unwrought gold and has a high unit price of approximately 34,872 USD per kilogram, confirming its role as a high-value commodity export for Peru.

Value-Chain Structure and Grade Analysis

The export structure for HS Code 7108 in March 2025 shows no other sub-codes beyond unwrought gold, indicating a simple value chain focused on raw, bulk commodities. This form of gold is typically fungible and traded based on global price indices, without significant processing or grade differentiation.

Strategic Implication and Pricing Power

Peru's export dominance in unwrought gold under HS Code 7108 in March 2025 provides pricing power tied to international gold markets, but also exposes it to price volatility. Strategic efforts should prioritize quality control and market diversification to mitigate risks.

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Peru Gold Bullion (HS 7108) 2025 March Export: Market Concentration

Geographic Concentration and Dominant Role

Peru's Gold Bullion HS Code 7108 Export in 2025 March is highly concentrated, with the United Arab Emirates as the dominant partner, accounting for 28.39% of the total export value but only 11.45% of the weight. This disparity suggests a higher unit price, around 86,500 USD per kg, indicating potentially superior purity or refined grade gold compared to other destinations.

Partner Countries Clusters and Underlying Causes

Two main clusters emerge: first, UAE and India, both with high value-to-weight ratios, likely due to their roles as major gold trading and refining hubs, handling high-purity bullion. Second, Canada and Switzerland show higher weight shares but lower value ratios, possibly indicating bulk shipments for storage or further processing in secure financial centers. A minor cluster includes Australia, with a similar high-value pattern, and smaller players like the US and Turkey with varied roles.

Forward Strategy and Supply Chain Implications

For exporters, prioritizing high-value markets like UAE and India could maximize returns, but must account for regulatory risks, as noted in news about potential illicit gold flows [FreightAmigo]. Supply chains should ensure transparency in weight and purity documentation to meet import standards, especially with Peru's gold exports historically favoring these partners (FreightAmigo).

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Peru Gold Bullion (HS 7108) 2025 March Export: Action Plan for Gold Bullion Market Expansion

Strategic Supply Chain Overview

The Peru Gold Bullion Export 2025 March under HS Code 7108 is a high-value, concentrated commodity trade. Price is driven by global gold indices and purity grades, not product differentiation. Supply chains focus on bulk, unprocessed shipments to major hubs like UAE and India. This exposes Peru to price volatility and reliance on a few large, frequent buyers.

Action Plan: Data-Driven Steps for Gold Bullion Market Execution

• Use transaction frequency data to identify and secure contracts with the dominant large-volume buyers first. This ensures stable revenue and reduces market entry delays.
• Track buyer clusters by order size and frequency to diversify into smaller, consistent buyers. This lowers dependency on a single buyer segment and spreads risk.
• Analyze destination-specific unit prices to prioritize shipments to high-value markets like UAE and India. This maximizes returns per kilogram exported.
• Implement real-time documentation for weight and purity in all shipments. This meets strict import standards and prevents regulatory blocks in key markets.
• Monitor global gold price indices and news for sudden shifts. This allows quick adjustment of shipment timing to avoid volatility-related losses.

Take Action Now —— Explore Peru Gold Bullion Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Peru Gold Bullion Export 2025 March?

The March 2025 surge in Peru's gold bullion exports—a 106% volume increase—reflects gold's role as a safe-haven asset, with demand rebounding after a February contraction. The $2.55B export value underscores resilient premium pricing despite an 18% unit price drop.

Q2. Who are the main partner countries in this Peru Gold Bullion Export 2025 March?

The United Arab Emirates dominates with 28.39% of export value, followed by India and Canada. UAE and India handle high-purity bullion, while Canada and Switzerland receive bulk shipments for storage or processing.

Q3. Why does the unit price differ across Peru Gold Bullion Export 2025 March partner countries?

Price differences stem from gold grade and trade roles. UAE and India command ~$86,500/kg for refined bullion, while Canada and Switzerland trade larger volumes at lower unit prices, likely for further processing.

Q4. What should exporters in Peru focus on in the current Gold Bullion export market?

Exporters should prioritize relationships with large, frequent buyers (65.64% of value) while diversifying to mitigate over-reliance. High-value markets like UAE and India offer premium returns but require transparency to address regulatory risks.

Q5. What does this Peru Gold Bullion export pattern mean for buyers in partner countries?

Buyers in UAE and India secure high-purity gold for refining/trading, while those in Canada/Switzerland access bulk shipments for storage. Dominant buyers benefit from consistent supply but face price volatility risks.

Q6. How is Gold Bullion typically used in this trade flow?

Peru’s unwrought gold (HS Code 7108120000) is traded as a raw commodity, primarily for global refining, investment reserves, or financial hedging, with minimal downstream processing.