2025 Peru Petroleum Gases (HS 2711) Export: Volatile Surge

Key Takeaways

Petroleum Gases, classified under HS Code 2711 (Petroleum gases and other gaseous hydrocarbons), exhibited pronounced volatility from January to November 2025.

• Market Pulse: Exports surged 64% in Q1 to 750M kg, then collapsed by over 60% in November, reflecting extreme sensitivity to global price swings.
• Structural Shift: Peru Petroleum Gases Export reliance on South Korea (31.33% of value) creates high geographic risk, with minimal diversification among secondary buyers like Spain and Japan.
• Product Logic: HS Code 2711 trade data shows LNG dominates (99.8% of value) at commodity-level pricing ($0.52/kg), while niche gases like propane command premiums ($0.89/kg) but lack market scale.

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

Peru Petroleum Gases (HS Code 2711) Key Metrics Trend

Market Trend Summary

The Peru Petroleum Gases Export trend showed pronounced volatility from January through November 2025, characterized by three distinct phases. Exports surged in the first quarter, with volume climbing 64% to 750M kg by March, before entering a period of erratic swings that culminated in a severe November contraction where both volume and value collapsed by over 60% month-on-month. This pattern reflects high sensitivity to global price movements and demand shifts rather than steady growth.

Drivers & Industry Context

The volatility stems from natural gas's commodity nature, where global price fluctuations directly impact the hs code 2711 value. The August price crash to $0.38/kg likely responded to oversupply or reduced Asian demand, Peru's key market [OEC]. November's volume collapse suggests possible contract disruptions or inventory drawdowns ahead of year-end, as no new 2025 trade policies targeted this sector [FreightAmigo]. The US-Peru FTA's stable duty-free access provided no counterweight to these market forces.

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

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Peru HS Code 2711 Export Breakdown

Market Composition & Top Categories

Peru's HS Code 2711 export structure is overwhelmingly dominated by liquefied natural gas (LNG), which captured 99.8% of the total export value from January to November 2025. According to yTrade data, LNG also accounted for 72% of all export shipments by volume. The remaining Peru HS Code 2711 export activity consists of minor gaseous hydrocarbon shipments, including propane and butanes, which collectively represent less than 0.2% of total export value.

Value Chain & Strategic Insights

The unit price spread reveals a clear value distinction: LNG trades at a commodity-level $0.52/kg, while other gaseous forms like propane command $0.89/kg. This HS Code 2711 breakdown confirms a classic commodity market for LNG, where price sensitivity outweighs product differentiation. Strategic shifts would require moving beyond bulk LNG exports toward higher-value processed gases, but current trade structure shows minimal activity in these premium segments.

Table: Peru HS Code 2711) Export Breakdown Details (Source: yTrade)

Check Detailed HS Code 2711 Breakdown

Peru Petroleum Gases Destination Countries

Geographic Concentration & Market Risk

Peru's Petroleum Gases export destinations show extreme concentration in South Korea, which captured 31.33% of total value from January to November 2025. This single-market dependence creates significant supply chain vulnerability, as the next largest partners (Spain at 17.85% and Japan at 13.85%) trail substantially. Such heavy reliance on one buyer exposes Peru to pricing pressure and demand shocks from Korean energy policy shifts.

Purchasing Behavior & Demand Segmentation

South Korea's value ratio (31.33%) notably exceeds its weight ratio (27.74%), indicating premium pricing for Peru's Petroleum Gases. This value-volume gap suggests quality-conscious demand for specialized specifications rather than bulk commodity trading. The pattern holds across top partners, revealing a market segment prioritizing margin potential over volume scale, where trade partners for Petroleum Gases pay premiums for specific gas compositions or purity standards.

Table: Peru Petroleum Gases (HS Code 2711) Top Destination Countries (Source: yTrade)

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Peru Petroleum Gases Buyer Companies Analysis

Buyer Concentration & Market Structure

According to yTrade data, the Peru Petroleum Gases export market from January to November 2025 is overwhelmingly concentrated in high-volume repeaters, who represent 92.63% of total value. This dominance by key accounts like DOWELL SCHLUMBERGER DE MEXICO indicates a stable, contract-based supply chain for Peru Petroleum Gases buyers, with minimal spot-market activity.

Purchasing Behavior & Sales Strategy

The HS Code 2711 buyer trends reveal consistent, high-frequency purchasing from a narrow set of loyal partners, emphasizing the importance of maintaining strong relationships through long-term contracts and reliable delivery. Given the concentration risk—where losing a single major account could severely impact revenue—sellers should prioritize account retention while exploring opportunities to attract new, smaller buyers to diversify their base.

Table: Peru Petroleum Gases (HS Code 2711) Top Buyers List (Source: yTrade)

Check Full Peru Petroleum Gases Buyers list

Action Plan for Petroleum Gases Market Operation and Expansion

• Diversify Buyer Base: Target mid-sized buyers in Spain and Japan to reduce reliance on South Korea, where a single demand shock could disrupt 31% of revenue.
• Lock In Contracts: Secure long-term agreements with high-volume repeaters (92.63% of value) to stabilize revenue amid volatile spot-market pricing.
• Explore Premium Gases: Shift marginal capacity toward propane and butanes ($0.89/kg) to capture higher margins, though LNG remains the volume driver.
• Monitor Korean Policy: Track South Korean energy regulations closely, as sudden shifts could trigger disproportionate export value erosion.
• Optimize Logistics: Reduce bulk-shipping costs for LNG to protect margins in the $0.52/kg commodity segment.

Take Action Now —— Explore Peru Petroleum Gases HS Code 2711 Export Data

Frequently Asked Questions

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

Peru's Petroleum Gases exports showed extreme volatility in 2025, with a 64% Q1 surge followed by erratic swings and a 60% November collapse. This reflects sensitivity to global price shifts and demand shocks, particularly in Asia, rather than steady growth.

Q2. Who are the main destination countries of Peru Petroleum Gases (HS Code 2711) in 2025?

South Korea dominates with 31.33% of export value, followed by Spain (17.85%) and Japan (13.85%). This extreme concentration creates supply chain risks.

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

LNG trades at a commodity-level $0.52/kg, while specialized gases like propane command $0.89/kg. Premium markets like South Korea pay more for specific purity or composition standards.

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

Exporters must prioritize retaining high-volume repeat buyers (92.63% of value) while diversifying to smaller accounts to reduce reliance on a few major contracts.

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

Buyers benefit from stable, contract-based LNG supply but face risks if Peru’s single-market dependence on South Korea disrupts pricing or volumes.

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

Peru’s exports are overwhelmingly LNG (99.8% of value), primarily used for energy generation, with minor shipments of propane/butanes for industrial or residential applications.

Detailed Monthly and Quarterly Report

Peru HS Code 2711 Export Data Snapshot 2025 JAN

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