2025 Peru Preserved Vegetables (HS Code 2005) Export: Market Shift

Key Takeaways

Preserved Vegetables, classified under HS Code 2005 (Vegetables, prepared or preserved otherwise than by vinegar or acetic acid), exhibited high volatility from January to November 2025.

• Market Pulse: Exports surged mid-year, peaking at $132.1M in October, then collapsed by 69.9% in November due to U.S. tariff threats, revealing extreme sensitivity to trade policy shifts.
• Structural Shift: Peru Preserved Vegetables Export relies heavily on the U.S. (35.35% value share) and Spain (33.62%), creating concentration risk but offering dual strategies—bulk sales to the U.S. and premium margins in Spain.
• Product Logic: HS Code 2005 trade data shows asparagus and sweetcorn command premium prices (up to $5.98/kg), while general vegetable preps dominate volume (24% share), highlighting a split between commodity and specialty markets.

This overview covers the period from January to November 2025 and is based on verified customs data from the yTrade database.

Peru Preserved Vegetables (HS Code 2005) Key Metrics Trend

Market Trend Summary

Analyzing the trend in Peru's preserved vegetables exports from January to November 2025 reveals a volatile yet ultimately positive trajectory. After a strong start in Q1, shipments surged dramatically in Q3, peaking at $132.1M in October before collapsing by -69.9% in November. The overall curve shows robust mid-year expansion offset by a severe year-end contraction.

Drivers & Industry Context

The November export collapse aligns directly with the 10% U.S. tariff imposed on non-traditional Peruvian agricultural goods, effective April 2025 but compounded by threats of escalation to 20% [EY Tax News]. This policy shock disrupted trade flows, though the US-Peru Trade Promotion Agreement (PTPA) continued providing duty-free access for qualifying goods under HS Code 2005 [USTR]. The volatility in hs code 2005 value reflects both seasonal demand cycles and exporters accelerating shipments pre-tariff, followed by rapid diversion to alternative markets like Asia.

Table: Peru Preserved Vegetables Export Trend (Source: yTrade)

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Peru HS Code 2005 Export Breakdown

Market Composition & Top Categories

According to yTrade data, Peru's HS Code 2005 export market from January to November 2025 is dominated by general vegetable preparations, holding nearly 24% of the total value. Olives and asparagus preparations follow as key segments, while the remainder consists of various other vegetable mixtures with minor shares. This structure highlights a focus on diverse, preserved vegetable products under Peru HS Code 2005 Export.

Value Chain & Strategic Insights

Unit prices span 1.79 to 5.98 USD/kg, with asparagus and sweetcorn commanding premiums, indicating a specialized market driven by quality rather than commodity price sensitivity. The trade structure for HS Code 2005 breakdown reveals strategic opportunities in high-value segments, where product differentiation and grade dictate export success.

Table: Peru HS Code 2005) Export Breakdown Details (Source: yTrade)

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Peru Preserved Vegetables Destination Countries

Geographic Concentration & Market Risk

Peru's Preserved Vegetables export destinations show high reliance on the United States and Spain, which together captured over 69% of total export value from January to October 2025. The United States represents the single largest market with a 35.35% value share, creating significant concentration risk. This dependence on two primary markets leaves Peru vulnerable to demand shocks or trade policy changes in either economy.

Purchasing Behavior & Demand Segmentation

The United States market demonstrates classic commodity characteristics with its value ratio (35.35%) trailing its weight ratio (35.99%), indicating price-sensitive bulk purchasing for industrial use or retail private labels. In contrast, Spain shows premium demand with a value ratio (33.62%) exceeding its weight ratio (32.39%), reflecting quality-conscious consumers willing to pay more for higher-value preserved vegetable products. This split creates a dual opportunity for Peruvian exporters: volume scale through the US market and margin potential through Spanish trade partners for Preserved Vegetables.

Table: Peru Preserved Vegetables (HS Code 2005) Top Destination Countries (Source: yTrade)

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Peru Preserved Vegetables Buyer Companies Analysis

Buyer Concentration & Market Structure

According to yTrade data, Peru's Preserved Vegetables buyers are overwhelmingly dominated by a core group of high-volume, repeat customers. This segment accounts for 85.75% of total export value and 84.08% of quantity, indicating a market built on stable, contract-based supply chains with major importers like retailers and food processors. The concentration reveals a mature export channel where a few key accounts drive the bulk of trade flows.

Purchasing Behavior & Sales Strategy

The heavy reliance on key accounts demands a relationship-focused strategy, prioritizing supply chain reliability and consistent quality to retain these high-value partners. Sellers should explore cross-selling within existing contracts, though they must also monitor tariff risks, as the U.S. has considered imposing 10–20% duties on non-traditional Peruvian agricultural exports (FreshPlaza). Diversifying slightly into smaller, spot buyers could mitigate concentration risk without diverting focus from core HS Code 2005 buyer trends.

Table: Peru Preserved Vegetables (HS Code 2005) Top Buyers List (Source: yTrade)

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Action Plan for Preserved Vegetables Market Operation and Expansion

• Diversify Buyer Base: Reduce reliance on the top 85% of buyers by targeting smaller importers in Spain and emerging Asian markets to mitigate U.S. tariff risks.
• Lock In Contracts: Secure long-term agreements with premium Spanish buyers to stabilize margins, leveraging their willingness to pay higher prices for quality.
• Audit Tariff Compliance: Verify eligibility for duty-free access under the U.S.-Peru Trade Promotion Agreement (PTPA) to avoid sudden cost shocks from potential 20% tariff escalations.
• Optimize Product Mix: Shift production toward high-value asparagus and sweetcorn preparations (up to $5.98/kg) to capitalize on premium demand, while maintaining baseline volume in general vegetable preps.
• Monitor Trade Alerts: Track U.S. and EU policy changes weekly to anticipate disruptions, using tools like USTR updates.

Take Action Now —— Explore Peru Preserved Vegetables HS Code 2005 Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Peru Preserved Vegetables Export in 2025?

Peru's preserved vegetable exports surged in Q3 2025 but collapsed by 69.9% in November due to U.S. tariff shocks, compounded by seasonal demand shifts and pre-tariff shipment acceleration.

Q2. Who are the main destination countries of Peru Preserved Vegetables (HS Code 2005) in 2025?

The U.S. (35.35% of value) and Spain (33.62%) dominate, together accounting for over 69% of Peru’s preserved vegetable exports.

Q3. Why does the unit price differ across destination countries of Peru Preserved Vegetables Export in 2025?

Spain pays premium prices for quality-focused products, while the U.S. exhibits bulk, price-sensitive demand—reflected in Spain’s higher value-to-weight ratio.

Q4. What should exporters in Peru focus on in the current Preserved Vegetables export market?

Prioritize relationship management with core buyers (85.75% of trade) while diversifying slightly to mitigate U.S. tariff risks, and leverage Spain’s premium segment for margins.

Q5. What does this Peru Preserved Vegetables export pattern mean for buyers in partner countries?

U.S. buyers benefit from stable bulk supply, while Spanish buyers access higher-grade products. Both face concentration risks if Peruvian exports destabilize.

Q6. How is Preserved Vegetables typically used in this trade flow?

Products like vegetable preparations (24% share) and premium asparagus/sweetcorn are sold for retail, food processing, and industrial use, with grades dictating pricing tiers.

Detailed Monthly and Quarterly Report

Peru HS Code 2005 Export Data Snapshot 2025 JAN

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Peru HS Code 2005 Export Data Snapshot 2025 Q1

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