2025 Peru Copper Wire (HS 740811) Export: Market Collapse

Key Takeaways

Copper wire, classified under HS Code 740811 (Copper wire, refined, maximum cross-sectional dimension >6 mm), exhibited high volatility from January to November 2025.

• Market Pulse: Exports collapsed in November, with value plunging 65.05% month-on-month due to U.S. Section 232 tariffs, eroding Peru's competitiveness despite earlier peaks.
• Structural Shift: Peru Copper wire Export relies heavily on Colombia (41.26% of value), creating geographic risk, while the U.S. shows fragmented, high-frequency demand.
• Product Logic: HS Code 740811 trade data confirms a commodity-driven market, with 100% of exports in bulk copper wire priced at 9.96 USD/kg, leaving no room for premium differentiation.

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

Peru Copper Wire (HS Code 740811) Key Metrics Trend

Market Trend Summary

Analyzing the trends in Peru's Copper wire Export from January to November 2025 reveals a pattern of initial strength followed by severe contraction. Exports started robustly, with value peaking at $96.85 million in February amid high volume, but experienced volatility through mid-year, including a 17.65% surge in July to $90.27 million. However, the Peru Copper wire Export trend collapsed dramatically in November, with value plunging 65.05% month-on-month to $30.10 million and weight dropping 67.02% to 2.68 million kg, marking the lowest point in the period.

Drivers & Industry Context

The November crash is directly attributable to the U.S. imposition of a 50% Section 232 tariff on semi-finished copper products, including HS Code 740811, effective August 1, 2025 [The White House]. This policy, aimed at reducing import dependence for national security, eroded Peru's competitiveness despite preferential trade agreements, as seen in the sharp decline in hs code 740811 value post-implementation (STR Trade). The tariff followed a February 2025 investigation under "America First Trade Policy," which initially spurred a July import surge ahead of the deadline before demand destruction took hold (Cato Institute).

Table: Peru Copper Wire Export Trend (Source: yTrade)

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Peru HS Code 740811 Export Breakdown

Market Composition & Top Categories

The Peru HS Code 740811 Export market is entirely dominated by a single product category: copper wire with a cross-sectional dimension exceeding 6mm, accounting for 100% of all exports by value, weight, and frequency. According to yTrade data, this sub-code represents the sole export under this HS code from January to November 2025, with no other variations or minor categories present. This monolithic structure indicates a highly specialized and focused export stream for Peru.

Value Chain & Strategic Insights

The unit price of 9.96 USD per kilogram aligns with typical commodity pricing for bulk copper wire, reflecting a market driven by raw material costs rather than value-added processing. This HS Code 740811 breakdown confirms a commodity-oriented trade structure, where exports are price-sensitive and tied to global copper market fluctuations. For Peru, this emphasizes reliance on volume-based exports of standardized products, with limited differentiation in quality or grade.

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Peru Copper Wire Destination Countries

Geographic Concentration & Market Risk

Peru's Copper wire export destinations from January to November 2025 are heavily concentrated, with Colombia dominating at 41.26% of the total value. This reliance on a single market increases vulnerability to demand shocks or trade policy changes in Colombia. While Venezuela and Ecuador are secondary partners, the high value share underscores a significant geographic risk for Peru's exports.

Purchasing Behavior & Demand Segmentation

Value and weight ratios are closely matched across top partners, indicating consistent unit prices near 9.8 USD/kg and commodity-like bulk trading. The United States stands out with a frequency ratio double its weight share, revealing fragmented, high-frequency demand typical of retail or Just-in-Time supply chains. This suggests trade partners for Copper wire offer volume scale with niche opportunities for premium, smaller orders.

Table: Peru Copper Wire (HS Code 740811) Top Destination Countries (Source: yTrade)

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Peru Copper Wire Buyer Companies Analysis

Buyer Concentration & Market Structure

According to yTrade data, Peru's copper wire export market is overwhelmingly concentrated in a segment accounting for 94.72% of value, driven by high-volume, repeat buyers. This indicates a stable, contract-based supply chain where key accounts, such as large manufacturers or distributors, dominate purchases. The structure is characterized by loyal partnerships rather than spot transactions, reflecting deep integration in Peru Copper wire buyers' operations.

Purchasing Behavior & Sales Strategy

The high frequency and value of purchases from these key accounts suggest a need for a sales strategy centered on relationship maintenance and long-term contract negotiations. However, the extreme concentration—over 90% value share—poses significant risk; the loss of a single major buyer could disrupt export flows. Sellers should focus on securing multi-year agreements while exploring digital channels to attract smaller, secondary buyers, aligning with HS Code 740811 purchasing patterns to balance portfolio stability.

Table: Peru Copper Wire (HS Code 740811) Top Buyers List (Source: yTrade)

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Action Plan for Copper Wire Market Operation and Expansion

• Diversify buyers: Secure multi-year contracts with key accounts (94.72% of value) while targeting smaller U.S. buyers to offset reliance on a few large partners.
• Shift trade routes: Reduce exposure to Colombia by expanding into secondary markets like Ecuador and Venezuela, where demand is stable but underutilized.
• Renegotiate terms: Lock in long-term pricing agreements to hedge against copper price volatility and tariff-driven demand shocks.
• Optimize logistics: Focus on cost reduction for bulk shipments to maintain margins in a low-value, high-volume trade structure.
• Monitor policy: Track U.S. and regional trade regulations closely to anticipate further tariff adjustments or retaliatory measures.

Take Action Now —— Explore Peru Copper wire HS Code 740811 Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Peru Copper wire Export in 2025?

The sharp 65% drop in November 2025 is directly tied to the U.S. imposing a 50% tariff on semi-finished copper products, which eroded Peru's competitiveness despite earlier strong performance.

Q2. Who are the main destination countries of Peru Copper wire (HS Code 740811) in 2025?

Colombia dominates with 41.26% of export value, followed by Venezuela and Ecuador, reflecting heavy geographic concentration.

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

Prices are consistent (~9.8 USD/kg) as exports are commodity-grade bulk copper wire, with no value-added differentiation.

Q4. What should exporters in Peru focus on in the current Copper wire export market?

They must secure long-term contracts with major buyers (94.72% of value) while diversifying to smaller partners to mitigate over-reliance.

Q5. What does this Peru Copper wire export pattern mean for buyers in partner countries?

Buyers benefit from stable bulk pricing but face supply risks if Peru’s export concentration or U.S. tariffs disrupt flows.

Q6. How is Copper wire typically used in this trade flow?

The 6mm+ cross-section copper wire is primarily used in industrial applications like power transmission and heavy machinery.

Detailed Monthly and Quarterly Report

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