2025 Peru Crude Petroleum (HS 2709) Export: Wild Swings
Key Takeaways
Crude Petroleum, classified under HS Code 2709 (Crude petroleum oils and oils obtained from bituminous minerals), exhibited high volatility from January to November 2025.
- Market Pulse: Exports swung wildly, peaking in July with an 89% value surge before collapsing 43% by November, reflecting cyclical instability.
- Structural Shift: Peru Crude Petroleum Export reliance on Brazil (88.21% of value) creates acute exposure, with China Mainland offering minimal diversification at 11.79%.
- Product Logic: HS Code 2709 trade data confirms a pure commodity play—100% crude oil exports at $0.31/kg, with pricing tied to global benchmarks.
This overview covers the period from January to November 2025 and is based on verified customs data from the yTrade database.
Peru Crude Petroleum (HS Code 2709) Key Metrics Trend
Market Trend Summary
The Peru Crude Petroleum Export trend from January to November 2025 exhibited high volatility, starting with a robust surge in February where value jumped 86% month-on-month to $99.86 million, followed by a sharp 67% collapse in March. After a mid-year recovery peaking in July with an 89% value increase, exports tapered off, ending November down 43% from October amid declining weights and prices. This pattern reflects cyclical swings rather than a steady trajectory.
Drivers & Industry Context
Peru's export volatility stems from extreme market concentration, with 100% of HS Code 2709 shipments directed to Brazil in May, June, and Q3 2025, as per [yTrade], amplifying sensitivity to Brazilian demand shifts and U.S. tariff pressures. The hs code 2709 value fluctuations align with this dependency, where supply chain disruptions or price negotiations with a single buyer can trigger the observed 40-50% monthly swings in volume and revenue, absent diversified outlets.
Table: Peru Crude Petroleum Export Trend (Source: yTrade)
| Date | Value | Weight | Unit Price | Value MoM | Weight MoM | Unit Price MoM |
|---|---|---|---|---|---|---|
| 2025-01-01 | 53.67M USD | 148.91M kg | $0.36/kg | N/A | N/A | N/A |
| 2025-02-01 | 99.86M USD | 235.68M kg | $0.42/kg | +86.06% | +58.28% | +17.56% |
| 2025-03-01 | 33.10M USD | 121.46M kg | $0.27/kg | -66.85% | -48.46% | -35.69% |
| 2025-04-01 | 27.74M USD | 107.46M kg | $0.26/kg | -16.18% | -11.53% | -5.26% |
| 2025-05-01 | 34.65M USD | 136.11M kg | $0.25/kg | +24.88% | +26.65% | -1.40% |
| 2025-06-01 | 37.36M USD | 126.25M kg | $0.30/kg | +7.84% | -7.25% | +16.26% |
| 2025-07-01 | 70.62M USD | 173.68M kg | $0.41/kg | +89.01% | +37.57% | +37.39% |
| 2025-08-01 | 24.80M USD | 104.29M kg | $0.24/kg | -64.88% | -39.95% | -41.51% |
| 2025-09-01 | 22.46M USD | 96.11M kg | $0.23/kg | -9.43% | -7.84% | -1.73% |
| 2025-10-01 | 18.26M USD | 88.79M kg | $0.21/kg | -18.71% | -7.61% | -12.01% |
| 2025-11-01 | 10.45M USD | 53.86M kg | $0.19/kg | -42.80% | -39.33% | -5.70% |
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Peru HS Code 2709 Export Breakdown
Market Composition & Top Categories
According to yTrade data, Peru's HS Code 2709 Export is entirely dominated by a single category: crude petroleum oils, which account for 100% of export value, weight, and quantity. This uniform structure indicates no diversification within this code, with all trade concentrated in unrefined product. The data reflects a straightforward market where crude oil is the sole focus for Peru's exports under this classification.
Value Chain & Strategic Insights
The unit price of 0.31 USD per kilogram confirms this as a low-value commodity, typical of crude petroleum where pricing is tied to global benchmarks rather than quality differentiation. This HS Code 2709 breakdown reveals a purely commodity-driven trade structure, making it highly sensitive to international oil price fluctuations and volume-driven strategies. Exporters should prioritize cost efficiency and market timing over product specialization.
Table: Peru HS Code 2709) Export Breakdown Details (Source: yTrade)
| HS Code | Product Description | Value | Frequency | Quantity | Weight |
|---|---|---|---|---|---|
| 270900**** | Oils; petroleum oils and oils obtained from bituminous minerals, crude | 432.98M | 524.00 | 1.63M | 1.39B |
| 2709** | ******** | ******** | ******** | ******** | ******** |
Check Detailed HS Code 2709 Breakdown
Peru Crude Petroleum Destination Countries
Geographic Concentration & Market Risk
Peru's Crude Petroleum export destinations show extreme concentration, with Brazil accounting for 88.21% of total export value from January to November 2025. This near-total reliance on a single market creates significant exposure to Brazilian economic conditions and trade policy shifts. The minimal 11.79% share held by China Mainland offers almost no diversification, locking Peru's primary export revenue stream to one partner.
Purchasing Behavior & Demand Segmentation
Brazil's purchasing profile reveals a classic commodity buyer: its 92.50% share of total weight exceeds its 88.21% value share, indicating price-sensitive bulk procurement for refining. China's trade partners for Crude Petroleum show a reverse pattern; its higher value share versus weight suggests selective, premium-grade purchases. This split defines two distinct markets—Brazil for volume scale and China for marginal premium opportunities.
Table: Peru Crude Petroleum (HS Code 2709) Top Destination Countries (Source: yTrade)
| Country | Value | Quantity | Frequency | Weight |
|---|---|---|---|---|
| BRAZIL | 381.93M | 1.52M | 523.00 | 1.29B |
| CHINA MAINLAND | 51.05M | 114.47K | 1.00 | 104.47M |
| ****** | ****** | ****** | ****** | ****** |
Get Peru Crude Petroleum (HS Code 2709) Complete Destination Countries Profile
Peru Crude Petroleum Buyer Companies Analysis
Buyer Concentration & Market Structure
According to yTrade data, the Peru Crude Petroleum export market from January to November 2025 is heavily concentrated among key accounts, with loyal, high-volume repeat buyers representing over 82% of the value share. This dominance by consistent purchasers like NOVUM ENERGY TRADING CORP points to a stable, contract-driven supply chain rather than fragmented spot trading. The minimal presence of low-frequency buyers underscores a market where long-term relationships anchor trade flows for Peru Crude Petroleum buyers.
Purchasing Behavior & Sales Strategy
The high frequency and value of purchases indicate that these key accounts operate on sustained procurement cycles, likely tied to refining or trading operations abroad. Sellers should prioritize relationship management with these core clients through fixed contracts and reliable delivery to secure ongoing business, while cautiously exploring diversification to reduce reliance on a single major buyer. Understanding HS Code 2709 buyer trends can aid in anticipating demand shifts and optimizing sales approaches.
Table: Peru Crude Petroleum (HS Code 2709) Top Buyers List (Source: yTrade)
| Buyer Company | Value | Quantity | Frequency | Weight |
|---|---|---|---|---|
| NOVUM ENERGY TRADING CORP | 237.22M | 1.09M | 387.00 | 1.02B |
| PETROCHINA INTERNATIONAL AMERICA , INC | 51.05M | 114.47K | 1.00 | 104.47M |
| ****** | ****** | ****** | ****** | ****** |
Check Full Peru Crude Petroleum Buyers list
Action Plan for Crude Petroleum Market Operation and Expansion
- Diversify buyers: Reduce dependence on NOVUM ENERGY TRADING CORP (82% value share) by targeting mid-tier refiners in Asia to mitigate contract risk.
- Hedge pricing: Lock in forward contracts during Brazil’s high-demand cycles (e.g., Q2 2025’s 86% spike) to buffer against monthly 40-50% swings.
- Optimize logistics: Slash per-unit costs for bulk shipments to Brazil (92.5% weight share) by negotiating long-term freight rates.
- Probe premium markets: Test China’s selective purchasing (higher value/kg) with small lots to gauge premium-grade potential.
- Monitor Brazilian policy: Track tariff and economic shifts in Brazil—the sole buyer in Q3 2025—to preempt demand shocks.
Take Action Now —— Explore Peru Crude Petroleum HS Code 2709 Export Data
Frequently Asked Questions
Q1. What is driving the recent changes in Peru Crude Petroleum Export in 2025?
Peru's Crude Petroleum exports show extreme volatility due to near-total reliance on Brazil (88.21% of value), making trade flows highly sensitive to Brazilian demand shifts and global oil price fluctuations.
Q2. Who are the main destination countries of Peru Crude Petroleum (HS Code 2709) in 2025?
Brazil dominates with 88.21% of export value, followed distantly by China Mainland at 11.79%, reflecting minimal market diversification.
Q3. Why does the unit price differ across destination countries of Peru Crude Petroleum Export in 2025?
Brazil’s bulk purchases (92.50% weight share) drive a lower unit price, while China’s smaller, selective shipments command marginally higher value per weight.
Q4. What should exporters in Peru focus on in the current Crude Petroleum export market?
Prioritize long-term contracts with core buyers like NOVUM ENERGY TRADING CORP (82% value share) while cautiously exploring new markets to reduce Brazil dependency.
Q5. What does this Peru Crude Petroleum export pattern mean for buyers in partner countries?
Brazil benefits from stable, bulk supply at commodity pricing, while China accesses niche opportunities for premium-grade crude amid limited competition.
Q6. How is Crude Petroleum typically used in this trade flow?
Peru’s unrefined crude is primarily shipped for refining or trading operations, with pricing tied to global benchmarks rather than product differentiation.
Detailed Monthly and Quarterly Report
Peru HS Code 2709 Export Data Snapshot 2025 JAN
Peru HS Code 2709 Export Data Snapshot 2025 FEB
Peru HS Code 2709 Export Data Snapshot 2025 MAR
Peru HS Code 2709 Export Data Snapshot 2025 APR
Peru HS Code 2709 Export Data Snapshot 2025 MAY
Peru HS Code 2709 Export Data Snapshot 2025 JUN
Peru HS Code 2709 Export Data Snapshot 2025 JUL
Peru HS Code 2709 Export Data Snapshot 2025 AUG
Peru HS Code 2709 Export Data Snapshot 2025 SEP
Peru HS Code 2709 Export Data Snapshot 2025 Q1
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