Peru Iron Ore HS2601 Export Data 2025 August Overview

Peru Iron Ore (HS 2601) 2025 August Export: Key Takeaways

In August 2025, Peru's Iron Ore exports under HS Code 2601 show extreme geographic concentration, with China Mainland absorbing 100% of shipments, reflecting stable pricing (0.072 USD/kg) and consistent product grade. This single-buyer dependency heightens supply chain risks, as shifts in Chinese demand or trade barriers could disrupt flows. The analysis, based on cleanly processed Customs data from the yTrade database, underscores the urgent need for market diversification to mitigate vulnerability.

Peru Iron Ore (HS 2601) 2025 August Export Background

Peru's Iron Ore exports (HS Code 2601: Iron ores and concentrates, including roasted iron pyrites) fuel global steel production, with steady demand from construction and manufacturing. Recent US tariff adjustments under the 2025 Reciprocal Trade Act [EY Global Tax News] add complexity, but Peru’s competitive mining sector and US-Peru FTA benefits position it as a key supplier. August 2025 data will reveal how these policies impact trade flows for this critical commodity.

Peru Iron Ore (HS 2601) 2025 August Export: Trend Summary

Key Observations

Peru Iron Ore HS Code 2601 Export 2025 August volumes and values showed a strong recovery from the previous quarter’s sharp contraction, with monthly export value reaching $235.6 million—a 14% increase from July—though full-year performance remains uneven due to mid-year disruptions.

Price and Volume Dynamics

Unit prices held stable near $0.07/kg throughout 2025, indicating firm global benchmark pricing. However, export volume fell sharply in April and May—down 44% and 77% sequentially—before rebounding strongly into August. This V-shaped trend reflects both typical volatility in bulk commodity trade and a clear disruption-recovery cycle, rather than a loss of underlying demand. The recovery to 3.25 billion kg in August suggests mining and logistics operations normalized quickly after a challenging period.

External Context and Outlook

The April–May collapse coincides with the implementation of new US tariff policies [EY Global Tax News], which likely disrupted trade flows and shipment timing for Peruvian iron ore. While the US-Peru Trade Promotion Agreement continues to provide a framework for tariff-free access for eligible goods (General Note 32), sudden policy changes clearly impacted mid-year export momentum. Looking ahead, demand from steel-producing markets and stable pricing should support Peru Iron Ore HS Code 2601 export volumes—contingent on consistent trade policy.

Peru Iron Ore (HS 2601) 2025 August Export: HS Code Breakdown

Product Specialization and Concentration

Peru's Iron Ore HS Code 2601 Export in August 2025 is entirely dominated by non-agglomerated iron ores and concentrates, accounting for 100% of the export value and volume. This single sub-code, with a unit price of $0.07 per kilogram, confirms a highly specialized trade in raw, bulk materials without any price anomalies or diversification.

Value-Chain Structure and Grade Analysis

The export structure shows no variation, as all shipments fall under the same non-agglomerated form, indicating a pure bulk commodity trade. This uniformity suggests that Peru's iron ore exports are fungible and likely priced against global indices, with no differentiation in value-add stages or quality grades.

Strategic Implication and Pricing Power

As a bulk commodity exporter, Peru faces competitive pricing pressures and limited pricing power, with market rates driven by international demand and supply dynamics. For August 2025, focusing on cost efficiency and reliable supply chains is key, rather than product differentiation.

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Peru Iron Ore (HS 2601) 2025 August Export: Market Concentration

Geographic Concentration and Dominant Role

In August 2025, China Mainland is the sole significant importer of Peru Iron Ore under HS Code 2601, accounting for 100% of both export value and weight. The equal value and weight ratios indicate a stable unit price, around 0.072 USD per kilogram, which is typical for bulk commodities and suggests consistent product grade without high-value variations.

Partner Countries Clusters and Underlying Causes

The import pattern shows only one major cluster centered on China, with no other countries reaching notable levels in the data. This high concentration is likely due to China's large steel industry demand and efficient bulk shipping routes for raw materials like iron ore. Potential minor clusters are absent, emphasizing China's dominant role in Peru's export market for this period.

Forward Strategy and Supply Chain Implications

For Peru Iron Ore HS Code 2601 Export 2025 August, the heavy reliance on China poses supply chain risks, such as vulnerability to demand shifts or trade barriers. [Access2Markets] notes export restrictions for iron ore, which could impact flows. Exporters should diversify markets and secure flexible logistics to mitigate dependency and adapt to potential policy changes (Access2Markets).

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Peru Iron Ore (HS 2601) 2025 August Export: Action Plan for Iron Ore Market Expansion

Strategic Supply Chain Overview

Peru Iron Ore Export 2025 August under HS Code 2601 is a pure bulk commodity trade. Price is driven by global iron ore indices and China's steel demand. Supply chain implications include high dependency on China and vulnerability to trade policy shifts. Exporters must prioritize supply security and cost-efficient logistics.

Action Plan: Data-Driven Steps for Iron Ore Market Execution

• Use trade data to identify new buyer markets beyond China. This reduces dependency risks from single-country demand shifts.
• Monitor global iron ore price indices weekly. Align contract pricing to avoid revenue gaps from commodity volatility.
• Track buyer frequency patterns to forecast order cycles. Secure long-term contracts with high-volume clients for stable revenue.
• Analyze logistics routes for cost-saving alternatives. Optimize shipping to maintain margin competitiveness in bulk trade.
• Review trade policy updates from sources like Access2Markets. Adapt quickly to avoid disruptions from export restrictions.

Take Action Now —— Explore Peru Iron Ore Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Peru Iron Ore Export 2025 August?

The recovery in August follows a sharp mid-year contraction, likely due to US tariff policy disruptions. Stable unit prices and rebounding volumes suggest normalized mining and logistics operations after the temporary slowdown.

Q2. Who are the main partner countries in this Peru Iron Ore Export 2025 August?

China Mainland is the sole significant importer, accounting for 100% of Peru’s iron ore exports by value and volume in August 2025.

Q3. Why does the unit price differ across Peru Iron Ore Export 2025 August partner countries?

No price variation exists, as all exports are non-agglomerated iron ores and concentrates (HS Code 2601), traded as a bulk commodity at a uniform $0.07/kg.

Q4. What should exporters in Peru focus on in the current Iron Ore export market?

Exporters must prioritize relationships with dominant high-volume buyers (97% of trade value) and diversify markets to reduce reliance on China.

Q5. What does this Peru Iron Ore export pattern mean for buyers in partner countries?

Chinese buyers benefit from stable bulk supply but face risks if Peru’s export policies shift. Smaller buyers have minimal leverage due to market concentration.

Q6. How is Iron Ore typically used in this trade flow?

Peru’s iron ore exports are raw, non-agglomerated materials, primarily used in steel production by industrial buyers like China’s manufacturing sector.