Peru Iron Ore HS2601 Export Data 2025 Q3 Overview

Peru Iron Ore (HS 2601) 2025 Q3 Export: Key Takeaways

Peru's Iron Ore (HS Code 2601) Export in 2025 Q3 is entirely dependent on China Mainland, with 100% of shipments by value and weight, reflecting a single dominant market and consistent product grade. The market shows stable demand, driven by China's steel industry, with negligible trade to minor partners like Chile and the U.S. This analysis, covering 2025 Q3, is based on cleanly processed Customs data from the yTrade database.

Peru Iron Ore (HS 2601) 2025 Q3 Export Background

Peru's Iron Ore exports (HS Code 2601: Iron ores and concentrates, including roasted iron pyrites) fuel global steel production, with stable demand driven by infrastructure and manufacturing needs. As of 2025 Q3, Peru maintains standard export controls for iron ore under SUNAT, with no new restrictions reported [Chambers]. The country's strategic ports and US-Peru Trade Promotion Agreement [FreightAmigo] position it as a key supplier, despite broader 2025 HS code adjustments affecting regional trade flows.

Peru Iron Ore (HS 2601) 2025 Q3 Export: Trend Summary

Key Observations

Peru Iron Ore HS Code 2601 Export 2025 Q3 demonstrated a robust recovery, with volume surging to 3.88 billion kg in September, marking a significant quarter-over-quarter rebound from the lows seen in Q2. This performance underscores a return to strong export momentum after a mid-year dip.

Price and Volume Dynamics

The Q3 data shows a clear upward trend, with export volume increasing from 3.18 billion kg in July to 3.88 billion kg in September, reflecting a typical seasonal boost in iron ore demand driven by heightened global steel production cycles. Unit prices remained stable at 0.07 USD/kg throughout Q3, indicating consistent market pricing despite the volatility earlier in the year. The recovery aligns with industrial stock replenishment phases, where Q3 often sees accelerated activity post-summer slowdowns.

External Context and Outlook

This rebound occurs against a backdrop of broader trade stability, as [Chambers Global Practice Guides] confirm no new export restrictions for HS Code 2601 in 2025 Q3. However, the US tariff changes implemented in April 2025, as noted in (Chambers Global Practice Guides), may have contributed to temporary disruptions earlier, but Peru's iron ore exports have since adapted, supported by steady demand from key markets. Looking ahead, continued growth is expected, barring any unforeseen global economic shifts.

Peru Iron Ore (HS 2601) 2025 Q3 Export: HS Code Breakdown

Product Specialization and Concentration

In 2025 Q3, Peru's Iron Ore exports under HS Code 2601 are overwhelmingly concentrated on non-agglomerated iron ores and concentrates, which dominate with a value share of 100% and a weight share of 100%. The main product, HS Code 2601110000, has a low unit price of $0.07 per kilogram, reinforcing its role as a bulk commodity. The roasted iron pyrites under HS Code 2601200000, with a unit price of $2.15 per kilogram, is isolated from the main analysis due to its minimal frequency share of under 3% and negligible value contribution.

Value-Chain Structure and Grade Analysis

The export breakdown reveals two distinct product forms: raw bulk iron ore and a processed by-product. The primary category is non-agglomerated iron ore, which is a standardized, fungible commodity typically traded on global price indices. The secondary category, roasted iron pyrites, represents a specialized, higher-value item but remains insignificant in volume, indicating that Peru's trade under this code is primarily driven by bulk, undifferentiated materials.

Strategic Implication and Pricing Power

For Peru Iron Ore HS Code 2601 Export 2025 Q3, the market structure implies low pricing power for the dominant bulk product, necessitating a strategic focus on volume efficiency and cost management. With no new export restrictions or policy changes reported, as per Chambers Global Practice Guides, exporters should prioritize maintaining compliance with standard controls and optimizing logistics to compete in global commodity markets.

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Peru Iron Ore (HS 2601) 2025 Q3 Export: Market Concentration

Geographic Concentration and Dominant Role

Peru's Iron Ore HS Code 2601 Export in 2025 Q3 is overwhelmingly concentrated in China Mainland, which accounts for 100% of both value and weight, indicating a single dominant market for this commodity. The identical value and weight ratios suggest a consistent product grade without significant price variations, typical for bulk iron ore trades where volume drives value.

Partner Countries Clusters and Underlying Causes

Two clusters emerge: China Mainland as the primary importer due to its massive steel industry demand, and a minor cluster including Chile, United States, and South Africa with negligible shares, likely representing small-scale or transit shipments rather than major sourcing, possibly due to geographic proximity or niche market needs.

Forward Strategy and Supply Chain Implications

For market players, Peru's iron ore exports should prioritize maintaining strong ties with China to ensure stable supply chains, as no new export restrictions were reported in 2025 Q3 [FreightAmigo], allowing continued focus on volume-based logistics and port efficiency for cost-effective shipping.

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Peru Iron Ore (HS 2601) 2025 Q3 Export: Buyer Cluster

Buyer Market Concentration and Dominance

In 2025 Q3, the Peru Iron Ore Export market for HS Code 2601 is overwhelmingly dominated by a small set of high-value, high-frequency buyers, who account for 99.37% of the export value and 93.80% of transaction frequency. This concentration shows that the market is driven by a few major players who make large, regular purchases, typical for commodity trades like iron ore. The four segments of buyers reveal a market where bulk, consistent demand from key buyers defines the trade flow.

Strategic Buyer Clusters and Trade Role

The other buyer segments include small-value, high-frequency buyers, who contribute only 0.05% of value but are active in transactions, likely representing spot market traders or local distributors handling smaller volumes. Additionally, low-value, low-frequency buyers account for 0.58% of value and make infrequent purchases, possibly indicating niche or experimental deals, such as trial shipments or minor market entries. The absence of high-value, low-frequency buyers suggests no significant one-off bulk purchases in this period.

Sales Strategy and Vulnerability

For exporters in Peru, the sales strategy must prioritize maintaining strong ties with the dominant high-value buyers to secure steady revenue, given their critical role. The high dependence on these buyers poses a risk if their demand drops, but the stable policy environment, with no new export restrictions for iron ore as reported [Chambers Global Practice Guides], reduces immediate regulatory threats. Exploring opportunities with smaller, frequent buyers could offer diversification and cushion against market shifts.

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Peru Iron Ore (HS 2601) 2025 Q3 Export: Action Plan for Iron Ore Market Expansion

Strategic Supply Chain Overview

The Peru Iron Ore Export 2025 Q3 under HS Code 2601 is a bulk commodity trade. Price is driven by global iron ore indices and China's steel demand. Supply chain implications focus on volume efficiency and secure logistics to China.

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

• Monitor global price indices weekly to align pricing with market trends. This prevents revenue loss from price volatility.
• Use buyer frequency data to schedule shipments with high-value clients. This ensures steady cash flow and reduces inventory costs.
• Analyze port efficiency reports to optimize loading and shipping times. This cuts logistics expenses and improves delivery reliability.
• Track minor buyer transactions for potential diversification. This reduces dependency on China and opens new revenue streams.
• Review compliance with export policies quarterly to avoid disruptions. This maintains smooth operations under current regulations.

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Frequently Asked Questions

Q1. What is driving the recent changes in Peru Iron Ore Export 2025 Q3?

Peru's iron ore exports rebounded strongly in Q3 2025, with volume surging to 3.88 billion kg by September, driven by seasonal demand from global steel production cycles. Stable unit prices ($0.07/kg) and no new export restrictions supported this recovery after a mid-year dip.

Q2. Who are the main partner countries in this Peru Iron Ore Export 2025 Q3?

China Mainland dominates Peru's iron ore exports, accounting for 100% of both value and weight. Minor shipments to Chile, the U.S., and South Africa represent negligible shares, likely for niche or transit needs.

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

Price differences stem from product specialization: bulk non-agglomerated iron ore (HS Code 2601110000) trades at $0.07/kg, while roasted iron pyrites (HS Code 2601200000) command $2.15/kg but contribute minimally to total volume.

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

Exporters must prioritize high-value, high-frequency buyers (99.37% of export value) to secure steady revenue, while optimizing logistics for China-bound bulk shipments. Diversifying into smaller, frequent buyers could mitigate overreliance risks.

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

China’s buyers benefit from stable, high-volume supply, while niche buyers in minor markets face limited access. The absence of one-off bulk purchases suggests consistent demand dominates trade flows.

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

Peru’s exports are primarily raw, non-agglomerated iron ore for steel production, traded as a bulk commodity. Roasted iron pyrites, a minor by-product, serve specialized industrial uses.

Detailed Monthly Report

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