Peru Petroleum Oil HS2710 Export Data 2025 May Overview

Peru Petroleum Oil (HS 2710) 2025 May Export: Key Takeaways

Peru's Petroleum Oil exports (HS Code 2710) in May 2025 reveal a premium-grade product strategy, with the UNITED STATES dominating as the top high-value market, accounting for 22.46% of export value but just 7.30% of weight—highlighting refined oil demand. Buyer concentration is moderate, split between industrialized economies (US, Japan, China) and regional South American markets (Bolivia, Chile), each with distinct product preferences. This analysis, covering May 2025, is based on cleanly processed Customs data from the yTrade database.

Peru Petroleum Oil (HS 2710) 2025 May Export Background

Petroleum Oil (HS Code 2710) covers refined petroleum products and oils from bituminous minerals, essential for industries like transportation, manufacturing, and energy due to their stable global demand. As of May 2025, Peru’s exports under this code remain strong, with $2.06 billion in refined petroleum shipped in 2023, primarily to the US, Panama, and Brazil, supported by the US-Peru Free Trade Agreement [OEC World]. Peru’s strategic role in Petroleum Oil HS Code 2710 exports in 2025 is bolstered by its competitive trade agreements and growing infrastructure, ensuring steady market access.

Peru Petroleum Oil (HS 2710) 2025 May Export: Trend Summary

Key Observations

May 2025 marked a peak in export volume for Peru Petroleum Oil HS Code 2710, reaching 613.11 million kg, the highest monthly volume this year, with a value of $437.17 million despite a slight unit price dip to $0.71/kg from April's $0.73/kg.

Price and Volume Dynamics

The sequential growth from April to May reflects typical refinery output cycles, where increased production often follows maintenance periods, boosting export volumes. Unit prices remained stable within a $0.65-$0.73/kg range, indicating consistent global demand for refined petroleum products. This momentum aligns with Peru's export patterns, where HS Code 2710 shipments show resilience amid minor price adjustments.

External Context and Outlook

The sustained export performance is bolstered by the US-Peru Trade Promotion Agreement, which maintains favorable tariff conditions for petroleum products [Harmonized Tariff Schedule]. Peru's competitive export economy, supported by infrastructure investments and trade pacts, continues to drive demand for Petroleum Oil exports under HS Code 2710, with no disruptive policy changes noted in 2025 (Import Globals). This stability suggests a positive outlook for continued strong performance through mid-year.

Peru Petroleum Oil (HS 2710) 2025 May Export: HS Code Breakdown

Product Specialization and Concentration

For Peru's Petroleum Oil exports under HS Code 2710 in May 2025, the market is dominated by one sub-code. The top product is "Petroleum oils and oils from bituminous minerals, not containing biodiesel, not crude, not waste oils; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; not light oils and preparations" (HS Code 2710191510), which holds a 48.75% value share with a unit price of 0.91 USD per kilogram. This sub-code shows a lower unit price compared to some others, indicating a focus on bulk, lower-grade exports. An extreme price anomaly is present in HS Code 2710193900, with a unit price of 4.07 USD per kilogram, but its minimal volume makes it isolated from the main analysis.

Value-Chain Structure and Grade Analysis

The remaining sub-codes fall into two clear categories based on grade and form. First, light oils like HS Code 2710121900 have unit prices around 0.55 USD per kilogram, representing lower-value streams. Second, not light oils and preparations, such as HS Codes 2710192210 and 2710193800, range from 0.48 to 2.08 USD per kilogram, showing medium to slightly higher values. This structure confirms that Peru's HS Code 2710 exports are primarily fungible bulk commodities, with prices driven by grade differences rather than high value-add manufacturing.

Strategic Implication and Pricing Power

Given the commodity nature of Peru Petroleum Oil HS Code 2710 Export 2025 May, pricing power is limited and closely tied to global oil indices. Companies should focus on cost efficiency and volume scaling to compete. [The Observatory of Economic Complexity] reports Peru's refined petroleum exports were valued at $2.06 billion in 2023, indicating a stable but competitive market where strategic advantages come from operational optimization rather than product differentiation. (The Observatory of Economic Complexity)

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Peru Petroleum Oil (HS 2710) 2025 May Export: Market Concentration

Geographic Concentration and Dominant Role

In May 2025, Peru's Petroleum Oil exports under HS Code 2710 are heavily concentrated, with the UNITED STATES dominating as the top destination, accounting for 22.46% of the export value but only 7.30% of the weight, indicating a high unit price of approximately 2.18 USD per kilogram and suggesting premium-grade oil shipments. This value-weight disparity points to exports of higher-value refined products rather than crude or lower-grade oils, with the US market driving premium demand.

Partner Countries Clusters and Underlying Causes

The export partners form two clear clusters: first, high-value markets like the UNITED STATES, JAPAN, and CHINA MAINLAND, which together take over half the export value, likely due to demand for refined petroleum in industrialized economies. Second, regional South American countries such as BOLIVIA, CHILE, and BRAZIL show lower value ratios relative to weight, implying shipments of bulk or lower-grade oils facilitated by geographic proximity and existing trade networks within the region.

Forward Strategy and Supply Chain Implications

For exporters, focusing on high-value markets like the US through the US-Peru Free Trade Agreement can maximize returns, as noted in the [Harmonized Tariff Schedule], while optimizing logistics for regional South American shipments can reduce costs. Supply chains should prioritize refining capacity for premium exports and leverage Peru's competitive export environment, supported by infrastructure investments that ease exporting, as highlighted in general trade updates (Harmonized Tariff Schedule).

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Peru Petroleum Oil (HS 2710) 2025 May Export: Buyer Cluster

Buyer Market Concentration and Dominance

In the Peru Petroleum Oil Export for 2025 May under HS Code 2710, the buyer market shows extreme concentration. Buyers who make high-value and frequent purchases dominate, accounting for 99.73% of the total export value. This indicates a market heavily reliant on a small group of key customers for bulk commodity trades. The overall market is characterized by high volume and regular transactions, with the median buyer likely engaged in consistent, large-scale procurement.

Strategic Buyer Clusters and Trade Role

The remaining four segments of buyers include those with high value but infrequent purchases, likely involved in large one-off deals or strategic stockpiling. Another group consists of buyers with low value but high frequency, possibly representing smaller, regular distributors or local users. The final segment comprises buyers with low value and infrequent purchases, which might be occasional or experimental clients with minimal impact on trade flows.

Sales Strategy and Vulnerability

For exporters in Peru, the strategic focus should be on maintaining strong relationships with the dominant high-value, frequent buyers to secure steady revenue. However, this reliance poses a risk if any key buyer reduces orders, highlighting the need to explore opportunities in other clusters for diversification. The sales model should prioritize bulk contracts while offering flexible options for smaller buyers. [Import Globals] notes Peru's robust export economy and trade agreements support stable conditions, reinforcing the importance of leveraging existing partnerships under the US-Peru FTA for sustained growth.

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Peru Petroleum Oil (HS 2710) 2025 May Export: Action Plan for Petroleum Oil Market Expansion

Strategic Supply Chain Overview

The Peru Petroleum Oil Export 2025 May under HS Code 2710 operates as a bulk commodity market. Price is driven by product grade differences, with premiums for refined exports to markets like the US, and tied to global oil indices. Supply chains must prioritize refining for high-value destinations and cost-efficient bulk logistics for regional partners. Heavy reliance on a few key buyers and concentrated export routes creates vulnerability to demand shifts or geopolitical disruptions.

Action Plan: Data-Driven Steps for Petroleum Oil Market Execution

• Analyze HS Code 2710 sub-categories monthly to spot grade-based price gaps and adjust export blends for higher margins. This maximizes returns per shipment.
• Use buyer purchase frequency data to identify and secure contracts with high-value, frequent clients while developing targeted offers for occasional buyers. This stabilizes revenue and reduces dependency risks.
• Map export unit prices against destination countries to prioritize shipping higher-grade products to premium markets like the US and Japan. This leverages trade agreements for better profitability.
• Monitor weight-value ratios by partner country to optimize logistics and storage for bulk regional exports, reducing operational costs. This ensures competitive pricing for volume-driven markets.

The Data Advantage: Moving Beyond Traditional Analysis

Traditional market analysis misses critical profit drivers for Peru Petroleum Oil Export 2025 May. It overlooks sub-code price variations within HS Code 2710 and individual buyer purchase patterns. Granular data reveals which product grades and buyer types deliver the best margins. This enables precise pricing, inventory planning, and risk management. Companies using detailed trade data can outperform competitors by making smarter, faster decisions.

Take Action Now —— Explore Peru Petroleum Oil Export Data

Frequently Asked Questions

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

May 2025 saw a peak export volume of 613.11 million kg, the highest this year, despite a slight dip in unit price to $0.71/kg. This surge reflects typical refinery output cycles post-maintenance, with stable global demand keeping prices within a narrow range.

Q2. Who are the main partner countries in this Peru Petroleum Oil Export 2025 May?

The UNITED STATES dominates with 22.46% of export value, followed by JAPAN and CHINA MAINLAND. Regional partners like BOLIVIA, CHILE, and BRAZIL account for bulk shipments but lower value shares.

Q3. Why does the unit price differ across Peru Petroleum Oil Export 2025 May partner countries?

Price differences stem from product grade: the US receives premium oils ($2.18/kg), while regional buyers get bulk/lower-grade shipments. Sub-codes like 2710191510 (48.75% share) drive bulk exports at $0.91/kg.

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

Exporters must prioritize relationships with high-value, frequent buyers (99.73% of trade) while diversifying into smaller clusters. Leveraging the US-Peru FTA for premium exports and optimizing regional logistics are key.

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

US buyers access high-grade oil reliably, while regional partners benefit from cost-effective bulk shipments. Buyers face low volatility but depend on Peru’s refinery output cycles for supply stability.

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

Peru’s exports are primarily fungible bulk commodities (e.g., refined fuels, industrial oils), with premium grades shipped to industrialized markets and lower-grade oils for regional energy or processing needs.