Peru Gold Bullion HS7108 Export Data 2025 Q3 Overview

Peru Gold Bullion (HS 7108) 2025 Q3 Export: Key Takeaways

Peru Gold Bullion (HS Code 7108) exports in 2025 Q3 reveal India as the dominant high-value market, accounting for 42.50% of export value but only 20.28% of weight, signaling premium-grade demand. Canada follows with bulk shipments at lower unit prices, highlighting a dual-market structure. The trade is highly concentrated, with India and Canada alone making up over 60% of exports, posing both opportunity and risk. This analysis, covering 2025 Q3, is based on cleanly processed Customs data from the yTrade database. Gold’s price volatility underscores the need for strategic targeting of high-value markets like India while securing stable logistics. Peru’s role as a key exporter positions it to leverage these trends amid global demand shifts.

Peru Gold Bullion (HS 7108) 2025 Q3 Export Background

Peru Gold Bullion (HS Code 7108) covers unwrought or semi-manufactured gold and powder, a critical input for jewelry, electronics, and central bank reserves due to its stable global demand. With Peru ranking among the top three exporters of HS 7108 gold [Volza], its 2025 Q3 exports face evolving trade dynamics under the US-Peru Trade Promotion Agreement, which adjusts duty rates for gold shipments [USITC]. Peru’s mining-driven economy relies on this flow, with key markets like Canada and India absorbing its $8.9B annual gold exports [OEC].

Peru Gold Bullion (HS 7108) 2025 Q3 Export: Trend Summary

Key Observations

Peru's Gold Bullion exports under HS Code 7108 surged in Q3 2025, with export value climbing to $9.08 billion, a 14% increase quarter-over-quarter, while unit prices peaked at over 48,000 USD/kg in September amid heightened volatility.

Price and Volume Dynamics

Quarter-over-quarter, the Peru Gold Bullion HS Code 7108 Export 2025 Q3 period saw volume rise by 11% and value jump significantly, reflecting typical gold market fluctuations driven by global economic uncertainty and mining output cycles. The sharp price spike in September, coupled with steady volume, suggests robust demand from key markets like India and Switzerland, aligning with Peru's role as a top global exporter. This volatility is characteristic of gold's sensitivity to investor sentiment and currency shifts, rather than a structural shift in supply.

External Context and Outlook

The stability in export flows can be partly attributed to updated HS code precision requirements implemented in 2025, as highlighted by FreightAmigo, which streamlined trade documentation under the US-Peru agreement. Looking ahead, sustained demand from major importers and potential policy adjustments under bilateral trade frameworks should support continued growth, though price swings may persist due to broader macroeconomic factors.

Peru Gold Bullion (HS 7108) 2025 Q3 Export: HS Code Breakdown

Product Specialization and Concentration

Peru's Gold Bullion export under HS Code 7108 in 2025 Q3 is overwhelmingly dominated by unwrought, non-monetary gold, specifically the sub-code for "Metals; gold, non-monetary, unwrought (but not powder)". This product holds a near-total value share of 99.99 percent and a full weight share, with a unit price of approximately 40,801 USD per kilogram. A minor anomaly exists with "Gold, monetary", which has a much higher unit price of about 89,522 USD per kilogram but is isolated due to its negligible volume and impact.

Value-Chain Structure and Grade Analysis

The export structure for Peru Gold Bullion HS Code 7108 in 2025 Q3 is simple, with two clear categories based on form and use: bulk unwrought gold and specialized monetary gold. The unwrought gold represents a standardized, fungible commodity typical of raw material trade, often tied to global price indices. The monetary gold is a high-value niche product, indicating some differentiation but not enough to shift the overall commodity nature.

Strategic Implication and Pricing Power

For Peru's 2025 Q3 Gold Bullion export, pricing power remains strong in the bulk unwrought segment due to high global demand, but it is influenced by commodity market fluctuations. Exporters should focus on maintaining volume and quality for this primary product. According to FreightAmigo, gold is a top export for Peru, reinforcing the strategic importance of leveraging this position in HS Code 7108 exports.

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Peru Gold Bullion (HS 7108) 2025 Q3 Export: Market Concentration

Geographic Concentration and Dominant Role

In the 2025 Q3 Peru Gold Bullion HS Code 7108 Export, India is the clear leader with a 42.50% value share but only 20.28% weight share, showing a high unit price around $85.56 per kg, which points to top-grade refined gold. This gap between value and weight ratios confirms India's role in buying premium quality bullion. Canada follows with a 21.55% value share and 28.19% weight share, indicating a lower unit price near $31.26 per kg, suggesting less refined or bulk shipments.

Partner Countries Clusters and Underlying Causes

Countries split into two groups: high-value importers like India, Australia, and the United States, where value ratios exceed weight ratios, likely due to demand for pure gold in jewelry or investment. Lower-value clusters include Canada and Switzerland, with weight ratios outpacing value, possibly because they act as refining hubs or handle raw gold forms. This pattern aligns with global gold trade flows where certain nations process or redistribute gold.

Forward Strategy and Supply Chain Implications

For Peruvian exporters, targeting high-value markets like India can maximize returns, while ensuring consistent quality to meet premium standards. Supply chains should prioritize secure logistics for high-value shipments, as gold is sensitive to price fluctuations and geopolitical factors. Peru's position as a key gold exporter [OEC World] supports focusing on stable trade partners to hedge against market volatility. (OEC World)

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Peru Gold Bullion (HS 7108) 2025 Q3 Export: Action Plan for Gold Bullion Market Expansion

Strategic Supply Chain Overview

The Peru Gold Bullion Export 2025 Q3 under HS Code 7108 is a commodity market. Price is driven by global gold indices and product quality. High-grade gold fetches premium prices in markets like India. Supply chains must ensure secure logistics for high-value shipments. Heavy reliance on a few bulk buyers creates vulnerability to demand shifts.

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

• Use buyer purchase frequency data to negotiate long-term contracts with top clients. This ensures stable revenue and reduces market volatility risk.
• Target shipments to high-value destinations like India with certified quality reports. This maximizes returns per kilogram exported.
• Diversify buyer portfolio by identifying and engaging reliable low-frequency, high-value partners. This reduces dependency on a single buyer segment.
• Monitor global gold prices and geopolitical events daily to time high-value shipments. This captures peak market rates and protects profit margins.
• Audit supply chain security protocols for all high-value consignments. This prevents losses and ensures insurance compliance.

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 Q3?

Peru's Gold Bullion exports surged in Q3 2025, with a 14% quarter-over-quarter value increase and peak unit prices of over 48,000 USD/kg in September, driven by global economic uncertainty and strong demand from key markets like India.

Q2. Who are the main partner countries in this Peru Gold Bullion Export 2025 Q3?

India dominates with a 42.50% value share, followed by Canada (21.55%) and other high-value importers like Australia and the United States, reflecting demand for premium-grade gold.

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

Price differences stem from product specialization: India pays a premium (85.56 USD/kg) for refined gold, while Canada’s lower unit price (31.26 USD/kg) suggests bulk or less refined shipments.

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

Exporters should prioritize relationships with dominant high-value, high-frequency buyers (84.34% of trade) while diversifying to reduce dependency risks, and target premium markets like India for higher returns.

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

Buyers in India and similar high-value markets secure top-grade gold, while those in refining hubs like Canada or Switzerland access bulk shipments, reflecting distinct roles in the global gold supply chain.

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

Unwrought, non-monetary gold (99.99% of exports) serves as a standardized commodity for global markets, while rare monetary gold caters to niche high-value transactions.

Detailed Monthly Report

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