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2025 Peru Petroleum Oils (HS 271019) Export: Wild Swings

Peru's Petroleum oils Export (HS code 271019) saw extreme volatility in 2025, with an 88% March surge & 76% November crash. Track trends on yTrade.

Key Takeaways

Petroleum oils, classified under HS Code 271019 (Petroleum oils and oils obtained from bituminous minerals; other than crude), exhibited pronounced volatility from January to November 2025.

  • Market Pulse: Export volumes swung wildly, with an 88% surge in March followed by a 76% collapse in November, reflecting extreme sensitivity to global crude prices and inventory cycles.
  • Structural Shift: Peru Petroleum oils Export is dangerously reliant on the U.S. (33.3% of value), with buyer concentration amplifying risk—70.44% of trade hinges on a handful of repeat clients.
  • Product Logic: HS Code 271019 trade data reveals a commodity-driven market; 61.3% of value comes from low-margin bulk shipments ($0.35/kg), though niche high-value products ($2.43/kg) exist.

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

Peru Petroleum Oils (HS Code 271019) Key Metrics Trend

Market Trend Summary

The Peru Petroleum oils export trend under HS Code 271019 exhibited pronounced volatility from January to November 2025, characterized by two distinct phases. Trade opened with robust first-quarter momentum, where March volumes surged 88% month-on-month to 401M kg, then entered a period of wide oscillations with April and June each posting drops exceeding 35% in weight. The trend concluded with a severe November contraction, as weight plummeted 76% to just 108M kg and export value collapsed to $77M.

Drivers & Industry Context

This erratic performance reflects both global crude oil price swings and domestic inventory management cycles for refined products. The sharp March spike and subsequent April-June whipsawing align with typical refinery output adjustments and regional demand fluctuations for medium oils like kerosene and fuel oils. The November breakdown suggests accelerated destocking or logistical disruptions, consistent with the high-value trade flows indicated for HS Code 271019 in Peru’s import profile [WTO Tariff & Trade Data]. The volatile hs code 271019 value trajectory underscores the sensitivity of petroleum product trades to both pricing and operational factors in medium-term horizons.

Table: Peru Petroleum Oils Export Trend (Source: yTrade)

DateValueWeightUnit PriceValue MoMWeight MoMUnit Price MoM
2025-01-01171.50M USD242.01M kg$0.71/kgN/AN/AN/A
2025-02-01139.32M USD213.64M kg$0.65/kg-18.77%-11.73%-7.98%
2025-03-01285.41M USD401.41M kg$0.71/kg+104.86%+87.89%+9.03%
2025-04-01234.98M USD248.65M kg$0.95/kg-17.67%-38.05%+32.91%
2025-05-01305.02M USD370.19M kg$0.82/kg+29.81%+48.88%-12.81%
2025-06-01199.92M USD347.09M kg$0.58/kg-34.46%-6.24%-30.10%
2025-07-01285.31M USD351.35M kg$0.81/kg+42.72%+1.23%+40.98%
2025-08-01293.41M USD406.27M kg$0.72/kg+2.84%+15.63%-11.06%
2025-09-01280.73M USD361.53M kg$0.78/kg-4.32%-11.01%+7.52%
2025-10-01328.17M USD445.91M kg$0.74/kg+16.90%+23.34%-5.22%
2025-11-0177.20M USD107.97M kg$0.72/kg-76.48%-75.79%-2.85%

Get Peru Petroleum Oils Data Latest Updates

Peru HS Code 271019 Export Breakdown

Market Composition & Top Categories

According to yTrade data, Peru's HS Code 271019 export in 2025 is dominated by sub-code 2710191510, which accounted for 61.3% of the total export value. This product, described as petroleum oils not light oils and preparations, also represents 48.5% of the weight shipped. The remaining sub-codes, including various specialized preparations, collectively make up the balance but with significantly lower value shares, indicating a concentrated market structure for Peru HS Code 271019 Export.

Value Chain & Strategic Insights

Unit prices for these petroleum oils range from $0.35 to $2.43 per kilogram, with the bulk of exports at the lower end, pointing to a commodity-driven market where price sensitivity prevails over quality differentiation. This HS Code 271019 breakdown shows that while some higher-value products exist, the trade structure is primarily volume-based with minimal value-add stages. For exporters, competitiveness hinges on cost efficiency rather than niche specialization.

Check Detailed HS Code 271019 Breakdown

Peru Petroleum Oils Destination Countries

Geographic Concentration & Market Risk

Peru's Petroleum oils exports from January to November 2025 show extreme reliance on the United States, which dominates with a 33.30% share of total export value. This concentration in Peru Petroleum oils export destinations heightens exposure to U.S. market fluctuations or trade policy changes. Diversification is limited, as the next largest partners like Panama and Chile hold significantly lower value shares.

Purchasing Behavior & Demand Segmentation

The United States demonstrates a clear premium intent, with its value ratio vastly exceeding weight ratio, signaling demand for high-value specifications and margin potential over bulk scale. Trade partners for Petroleum oils like Panama exhibit commodity behavior, with weight ratios surpassing value, indicating price-sensitive industrial processing. Overall, Peru's export profile leans toward quality-focused markets, offering better profitability through specialized demand rather than mass volume.

Table: Peru Petroleum Oils (HS Code 271019) Top Destination Countries (Source: yTrade)

CountryValueQuantityFrequencyWeight
UNITED STATES684.52M485.36K2.79K399.09M
PANAMA298.79M694.89K514.00664.23M
BOLIVIA230.66M312.15K59.43K251.14M
CHILE208.46M1.22M4.39K421.00M
ECUADOR92.34M343.52K4.97K78.32M
BRAZIL************************

Get Peru Petroleum Oils (HS Code 271019) Complete Destination Countries Profile

Peru Petroleum Oils Buyer Companies Analysis

Buyer Concentration & Market Structure

According to yTrade data, Peru's petroleum oils buyers are dominated by a core group of loyal repeaters, who drove 70.44% of total export value from January to November 2025. This segment, including key accounts like SOCIETE VISTONY and CEMENTO POLPAICO, operates on stable, high-volume contracts, indicating deeply embedded supply chains rather than spot trading. Such concentration underscores a mature market where long-term relationships dictate trade flows for HS Code 271019.

Purchasing Behavior & Sales Strategy

The heavy reliance on a few major buyers signals significant concentration risk; losing even one could impact over 70% of export revenue. Sellers should prioritize relationship management and diversify into secondary markets like smaller industrial consumers to mitigate exposure. For new client acquisition, leveraging digital platforms to target SMEs could tap into the fragmented low-value segments, aligning with 2025 HS code updates noted by [FreightAmigo], which highlight evolving compliance needs for petroleum products.

Table: Peru Petroleum Oils (HS Code 271019) Top Buyers List (Source: yTrade)

Buyer CompanyValueQuantityFrequencyWeight
REPSOL TRADING USA LLC149.52M343.31K7.00328.01M
REPSOL TRADING SINGAPORE PTE. LTD85.39M211.27K3.00204.45M
NO DISPONIBLE44.63M68.49K1.66K55.93M
BANQUE INTERNATIONALE DE COMMERCE-BRED SUISSE SA************************

Check Full Peru Petroleum Oils Buyers list

Action Plan for Petroleum Oils Market Operation and Expansion

  • Diversify buyers: Target SMEs via digital platforms to reduce reliance on the 70.44% controlled by top clients like SOCIETE VISTONY. Fragmented low-value segments offer growth potential.
  • Shift geographic focus: Reduce U.S. dependence by expanding into secondary markets like Chile or Panama, where weight-driven demand offsets premium market risks.
  • Optimize logistics: Bulk shipments dominate HS Code 271019; renegotiate freight contracts or consolidate loads to counter thin margins ($0.35/kg).
  • Monitor crude trends: Implement price-hedging strategies to buffer against the volatility that caused November’s 76% export value crash.
  • Highlight premium specs: For high-value sub-codes ($2.43/kg), invest in technical documentation to attract quality-focused buyers like those in the U.S. market.

Take Action Now —— Explore Peru Petroleum oils HS Code 271019 Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Peru Petroleum oils Export in 2025?

Peru's petroleum oils exports in 2025 showed extreme volatility, with an 88% surge in March followed by sharp drops, including a 76% November collapse. This reflects global crude price swings and domestic refinery output adjustments.

Q2. Who are the main destination countries of Peru Petroleum oils (HS Code 271019) in 2025?

The United States dominates with 33.3% of export value, followed by Panama and Chile with significantly smaller shares.

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

Prices range from $0.35 to $2.43/kg, with the U.S. demanding higher-value specifications while other markets prioritize bulk, commodity-grade oils.

Q4. What should exporters in Peru focus on in the current Petroleum oils export market?

Exporters must nurture relationships with core buyers (70% of revenue) while diversifying to smaller industrial clients to mitigate concentration risk.

Q5. What does this Peru Petroleum oils export pattern mean for buyers in partner countries?

U.S. buyers benefit from stable high-quality supply, while others face commodity-driven pricing but could leverage Peru’s cost-efficient volume offerings.

Q6. How is Petroleum oils typically used in this trade flow?

The bulk of exports (61.3% by value) are non-light petroleum oils for industrial processing, with minimal value-add stages.

Detailed Monthly and Quarterly Report

Peru HS Code 271019 Export Data Snapshot 2025 JAN

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