Peru Liquefied Petroleum Gas HS2711 Export Data 2025 February Overview

Peru Liquefied Petroleum Gas (HS 2711) 2025 February Export: Key Takeaways

Peru's Liquefied Petroleum Gas exports under HS Code 2711 in February 2025 reveal a stable, commodity-grade product with Japan dominating as the key buyer, accounting for 47% of export value and nearly 50% of weight. The market shows strong geographic concentration, with Japan, China, and South Korea forming a high-value cluster representing over 99% of exports, while regional trade with neighbors like Ecuador remains minimal in value. This analysis, covering February 2025, is based on cleanly processed Customs data from the yTrade database.

Peru Liquefied Petroleum Gas (HS 2711) 2025 February Export Background

Liquefied Petroleum Gas (LPG), classified under Peru HS Code 2711 for Petroleum gases and other gaseous hydrocarbons, fuels industries like energy, manufacturing, and transportation, maintaining steady global demand. As Peru’s LPG exports hit $1.83B in 2023, key markets like the UK and South Korea rely on its supply [OEC World]. With 2025 bringing tighter customs enforcement and duty adjustments, February trade flows hinge on compliance under Peru’s trade agreements, reinforcing its role as a critical exporter in this sector.

Peru Liquefied Petroleum Gas (HS 2711) 2025 February Export: Trend Summary

Key Observations

Peru's Liquefied Petroleum Gas exports under HS Code 2711 saw a significant surge in both volume and value in February 2025, with volume jumping to 598.46 million units and value rising to $362.26 million, despite a slight dip in unit price to $0.61 per kg compared to January.

Price and Volume Dynamics

Month-over-month, export volume increased by approximately 30.7% and value by 23.5% from January to February 2025, while unit price decreased by 4.7%. This volume-driven growth aligns with typical seasonal demand patterns for LPG, often peaking in colder months in key import regions like the United Kingdom and South Korea, where heating needs boost consumption. The price moderation may reflect increased supply efficiency or competitive pricing strategies to capture higher demand.

External Context and Outlook

The absence of new export restrictions on HS Code 2711 products in early 2025 [Chambers Global Practice Guides] supported this robust performance, facilitating uninterrupted trade flows. However, exporters should monitor upcoming changes, such as the reduction in customs duty restitution from July 2025 (Chambers Global Practice Guides), which could affect cost structures. With Peru's strong export foundation and ongoing demand from major partners, the outlook for Peru Liquefied Petroleum Gas HS Code 2711 Export 2025 February remains positive, though vigilance on policy implementation is advised.

Peru Liquefied Petroleum Gas (HS 2711) 2025 February Export: HS Code Breakdown

Product Specialization and Concentration

In February 2025, Peru's Liquefied Petroleum Gas exports under HS Code 2711 are overwhelmingly concentrated in liquefied natural gas (HS Code 2711110000), which accounts for nearly all export value and weight at over 99% share. This product has a unit price of $0.61 per kilogram, lower than other variants, confirming its role as a high-volume bulk commodity. A minor sub-code for propane is present but isolated due to negligible volume and does not impact the main analysis.

Value-Chain Structure and Grade Analysis

The remaining non-anomalous sub-codes fall into two categories: liquefied natural gas and gaseous natural gas, both representing bulk commodities with prices likely linked to global energy indices. The structure indicates a trade in fungible goods rather than differentiated products, with no significant value-add stages or quality grades beyond basic form differences.

Strategic Implication and Pricing Power

Peru's export strategy for Liquefied Petroleum Gas under HS Code 2711 in February 2025 is driven by bulk commodity dynamics, limiting individual pricing power and emphasizing volume-based competitiveness. Exporters should prioritize cost efficiency and market access, supported by Peru's historical role as a key player, with [OEC World] noting significant export values in previous years.

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Peru Liquefied Petroleum Gas (HS 2711) 2025 February Export: Market Concentration

Geographic Concentration and Dominant Role

In February 2025, Peru's exports of Liquefied Petroleum Gas under HS Code 2711 showed strong geographic concentration, with Japan as the dominant partner, accounting for 47.01% of export value and 49.94% of weight. The close alignment between value and weight ratios indicates a stable, commodity-grade product with consistent pricing, typical for energy exports like LPG. This pattern underscores Japan's role as a key energy importer from Peru during this period.

Partner Countries Clusters and Underlying Causes

The export partners form two clear clusters: first, high-value destinations like Japan, China Mainland, and South Korea, which together represent over 99% of the value share, driven by their large energy demands and established trade networks. Second, regional neighbors Peru and Ecuador show high quantity shares but minimal value contributions, likely due to lower-priced, short-distance trade or re-export activities within South America, reflecting regional supply chain efficiencies.

Forward Strategy and Supply Chain Implications

For Peru's LPG exports, maintaining stable supply to high-value markets like Japan and China is crucial, leveraging existing trade agreements to avoid disruptions. The upcoming reduction in customs duty restitution to 1% from July 2025, as noted in [Chambers Global Practice Guides], could lower export costs and enhance competitiveness. Supply chains should prioritize logistics efficiency and monitor geopolitical factors affecting energy trade routes.

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Peru Liquefied Petroleum Gas (HS 2711) 2025 February Export: Buyer Cluster

Buyer Market Concentration and Dominance

The Peru Liquefied Petroleum Gas Export 2025 February market under HS Code 2711 is extremely concentrated, dominated by a single segment of buyers who drive nearly all trade value. One cluster accounts for 99.84% of total export value, indicating a highly centralized buyer structure. This group also represents over half of all shipments and nearly 60% of total quantity, defining the market as one where a few high-volume, high-frequency buyers set the tone.

Strategic Buyer Clusters and Trade Role

The remaining three segments play minor but distinct roles. One cluster makes infrequent but large-quantity purchases, suggesting occasional bulk buyers like national energy firms. Another group orders regularly but in smaller volumes, typical of distributors or industrial users with steady demand. The final segment consists of very infrequent, small-quantity buyers, likely representing spot or experimental purchasers. Together, these clusters form a long-tail of secondary demand.

Sales Strategy and Vulnerability

Exporters should focus heavily on maintaining relationships with the dominant high-volume buyers, as losing even one could significantly impact revenue. The market's heavy reliance on a single cluster creates vulnerability to demand shifts or contract changes. Sales efforts should prioritize contract stability over chasing small buyers. [Chambers Global Practice Guides] notes Peru's upcoming mid-2025 export duty changes, making cost management crucial for maintaining competitiveness in this concentrated market.

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Peru Liquefied Petroleum Gas (HS 2711) 2025 February Export: Action Plan for Liquefied Petroleum Gas Market Expansion

Strategic Supply Chain Overview

Peru Liquefied Petroleum Gas Export 2025 February under HS Code 2711 operates as a bulk commodity trade. Price is driven by global energy indices and volume-based competitiveness, not product differentiation. Supply chain success depends entirely on secure, high-volume logistics to key Asian buyers. Heavy reliance on Japan and China creates vulnerability to demand shifts or geopolitical disruptions. Cost efficiency is critical due to limited pricing power.

Action Plan: Data-Driven Steps for Liquefied Petroleum Gas Market Execution

• Monitor shipment frequency data for dominant buyer clusters to anticipate demand cycles and prevent supply gaps. This ensures contract stability with high-volume partners who drive nearly all revenue.
• Track real-time global energy price benchmarks to align export pricing competitively and avoid margin erosion. This protects profitability in a commodity market where prices are externally set.
• Optimize logistics routes using partner country trade flow data to reduce transit times and costs to key markets like Japan. This maintains cost advantage ahead of mid-2025 duty changes.
• Diversify buyer engagement within the secondary cluster of regional neighbors to hedge against demand shocks in primary markets. This builds resilience without diverting focus from core clients.

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Frequently Asked Questions

Q1. What is driving the recent changes in Peru Liquefied Petroleum Gas Export 2025 February?

The surge in export volume (30.7% increase) and value (23.5% rise) reflects seasonal demand peaks, particularly from key markets like Japan and South Korea, where heating needs boost consumption. A slight 4.7% dip in unit price suggests competitive pricing to capture this demand.

Q2. Who are the main partner countries in this Peru Liquefied Petroleum Gas Export 2025 February?

Japan dominates with 47.01% of export value, followed by China Mainland and South Korea, which collectively account for over 99% of value share. Regional neighbors like Peru and Ecuador contribute minimally to value but show higher quantity shares.

Q3. Why does the unit price differ across Peru Liquefied Petroleum Gas Export 2025 February partner countries?

The uniform $0.61/kg price for liquefied natural gas (99% of exports) indicates bulk commodity pricing. Minor sub-codes like propane have negligible volume, leaving no meaningful price differentiation.

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

Exporters must prioritize relationships with the dominant high-volume buyers (99.84% of value) to mitigate revenue risks. Cost efficiency and logistics optimization are critical ahead of mid-2025 duty changes.

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

Buyers in Japan and China benefit from stable, high-volume supply, while smaller or regional buyers face limited influence due to extreme market concentration.

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

The product is primarily bulk liquefied natural gas, traded as a fungible energy commodity for heating or industrial use, with no significant value-add stages.