Peru Gold Bullion HS710812 Export Data 2025 Q1 Overview

Peru Gold Bullion (HS 710812) 2025 Q1 Export: Key Takeaways

Peru Gold Bullion (HS Code 710812) exports in 2025 Q1 reveal a high-value commodity concentrated in the UAE, which accounts for 31.58% of total value but just 13.72% of weight, confirming its role as a refining and distribution hub. The market shows heavy reliance on a few key destinations, including India and financial hubs like Switzerland and Canada, creating supply chain risks. This analysis, based on cleanly processed Customs data from the yTrade database, highlights the need for exporters to secure logistics for high-value shipments and diversify markets to mitigate geopolitical risks.

Peru Gold Bullion (HS 710812) 2025 Q1 Export Background

What is HS Code 710812?

HS Code 710812 covers Metals; gold, non-monetary, unwrought (but not powder), primarily used in jewelry, electronics, and as a store of value. Global demand remains stable due to gold's role as a hedge against inflation and its industrial applications. Peru's exports under this code are dominated by high-purity gold bullion, a key commodity in international trade.

Current Context and Strategic Position

In Q1 2025, Peru's Gold Bullion HS Code 710812 Export market saw price fluctuations, with unit prices reaching over $42,000 per kg in February before stabilizing around $36,900 by May [ytrade.com]. The US-Peru Trade Promotion Agreement (FTA) and tighter customs compliance measures by SUNAT influenced trade flows, with key markets including the UAE, India, and Switzerland [FreightAmigo]. Peru's role as a top global exporter underscores the need for vigilance amid evolving trade policies and supply chain dependencies.

Peru Gold Bullion (HS 710812) 2025 Q1 Export: Trend Summary

Key Observations

Peru Gold Bullion HS Code 710812 Export 2025 Q1 totaled $5.70 billion in value and 158,570 kg in volume, marking a strong quarterly performance despite notable monthly volatility.

Price and Volume Dynamics

The quarter opened with a solid January ($1.65B; 50.04k kg) before a sharp February contraction in both value ($1.50B) and volume (35.41k kg), a typical market pause as producers held back supply amid price discovery. March saw a powerful rebound to $2.55B and 73.12k kg as exporters capitalized on a confirmed price surge. This volatility reflects gold's classic pattern: short-term supply adjustments in response to rapid price movements, with high-value shipments accelerating once prices stabilize at elevated levels.

External Context and Outlook

The February volume dip aligns precisely with a period of extreme price discovery, where the unit price for gold powder under this HS code surged to over $42,000/kg [ytrade.com]. This price spike, coupled with tighter customs enforcement from Peru's SUNAT agency and shifting tariff landscapes, likely prompted temporary export hesitancy (ytrade.com). The subsequent March recovery indicates exporters adapted quickly to the new price reality and compliance environment, leveraging strong demand from key refining hubs like the UAE and India. Going forward, this HS code's performance will remain tightly linked to global gold prices and ongoing trade agreement implementations.

Peru Gold Bullion (HS 710812) 2025 Q1 Export: HS Code Breakdown

Product Specialization and Concentration

According to yTrade data, Peru's gold bullion export under HS Code 710812 in Q1 2025 is entirely dominated by a single product: unwrought, non-monetary gold. This sub-code accounts for 100% of the export value and weight, with a unit price of 35,977 USD per kilogram, confirming a highly specialized and high-value commodity focus. No other sub-codes or anomalies are present in this period.

Value-Chain Structure and Grade Analysis

The export structure is monolithic, with all shipments classified under the same unwrought form, indicating a trade in fungible bulk commodities rather than differentiated products. This suggests that Peru's gold bullion exports are primarily raw, high-purity material, with pricing likely tied to global gold indices due to the lack of value-add stages or grade variations within the HS code.

Strategic Implication and Pricing Power

Peru's exporters benefit from strong pricing power driven by high global demand for gold, but this is tempered by market volatility, as seen in price surges to over 42,000 USD per kg in February 2025 [ytrade.com]. Strategic focus should remain on monitoring international price trends and ensuring compliance with trade agreements to maintain competitiveness in key markets.

Check Detailed HS 710812 Breakdown

Peru Gold Bullion (HS 710812) 2025 Q1 Export: Market Concentration

Geographic Concentration and Dominant Role

Peru Gold Bullion HS Code 710812 Export 2025 Q1 shows a clear concentration in the UAE, which takes 31.58% of the total value but only 13.72% of the weight, signaling this is a high-grade, high-value commodity where the UAE acts as a major refining and distribution hub. This large gap between value share and weight share points to a product with very high unit prices, consistent with gold's nature as a precious metal. Canada and Switzerland also show strong value contributions relative to their weight shares, further confirming the high-value density of these exports.

Partner Countries Clusters and Underlying Causes

The top partners form three clear groups. The first includes the UAE and India, both with high shipment frequency and value, which aligns with their known roles as global gold refining centers that process raw gold for re-export [ytrade.com]. The second cluster contains Canada and Switzerland, where high value against very high weight shares suggests these are financial storage or investment destinations for bullion. A third group of countries like the U.S., Australia, and Turkey have smaller but still meaningful shares, likely serving niche or direct industrial demand markets.

Forward Strategy and Supply Chain Implications

Exporters should note the heavy reliance on just a few markets, particularly the UAE and India, which creates supply chain risk if geopolitical or regulatory issues arise in those hubs. The high unit prices, noted to exceed $42,000 per kg in some periods [ytrade.com], mean that securing logistics and insurance for high-value shipments is critical. Diversifying towards financial markets like Switzerland and Canada could provide more stability, while staying updated on customs changes in key destinations will be essential for maintaining trade flow.

Table: Peru Gold Bullion (HS 710812) Top Partner Countries (Source: yTrade)

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Peru Gold Bullion (HS 710812) 2025 Q1 Export: Action Plan for Gold Bullion Market Expansion

Strategic Supply Chain Overview

The Peru Gold Bullion Export 2025 Q1 under HS Code 710812 is a high-value, undifferentiated commodity trade. Core price drivers are global gold index fluctuations and geopolitical stability in key refining hubs. Supply chain implications include heavy reliance on the UAE and India for processing, creating vulnerability to logistics disruptions or regulatory changes in these regions. High unit prices demand secure shipping and insurance protocols.

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

• Monitor real-time buyer frequency data to anticipate order cycles and align production schedules, preventing cash flow gaps from inconsistent demand.
• Track HS Code 710812 unit price trends against global indices daily to time sales during price peaks, maximizing revenue per shipment.
• Use trade flow analytics to identify and engage secondary markets like Switzerland or Canada, reducing over-dependence on UAE and India for market resilience.
• Analyze shipment documentation for compliance updates in key destinations, avoiding customs delays that could halt high-value consignments.
• Review buyer concentration reports quarterly to diversify your client base, mitigating risk if a major buyer reduces orders unexpectedly.

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 Q1?

The export saw volatility due to price surges (over $42,000/kg in February) and supply adjustments, with a rebound in March as exporters adapted to higher prices and compliance requirements.

Q2. Who are the main partner countries in this Peru Gold Bullion Export 2025 Q1?

The UAE (31.58% of value), India, Canada, and Switzerland dominate, with the UAE and India acting as refining hubs and Canada/Switzerland as financial storage destinations.

Q3. Why does the unit price differ across Peru Gold Bullion Export 2025 Q1 partner countries?

All exports are unwrought, non-monetary gold (HS Code 710812), with uniform high purity, so price differences reflect global gold index fluctuations rather than product grade.

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

They must prioritize relationships with dominant high-value buyers (68.38% of trade) while diversifying away from over-reliance on the UAE and India to mitigate geopolitical risks.

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

Buyers in refining hubs (UAE/India) benefit from consistent bulk supply, while financial markets (Canada/Switzerland) secure high-value storage assets, though both face price volatility risks.

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

Exported as raw, high-purity unwrought gold, it is primarily refined or stored for financial investment, with no value-added processing in Peru.

Detailed Monthly Report

Peru HS710812 Export Snapshot 2025 JAN

Peru HS710812 Export Snapshot 2025 FEB

Peru HS710812 Export Snapshot 2025 MAR