Peru Petroleum Oil HS2710 Export Data 2025 Q2 Overview

Peru Petroleum Oil (HS 2710) 2025 Q2 Export: Key Takeaways

Peru Petroleum Oil (HS Code 2710) exports in Q2 2025 show a high-value concentration in the U.S., where refined or premium products command higher unit prices, while bulk shipments to Japan suggest lower-grade oil demand. The market exhibits a clear split between high-value buyers like the U.S. and Bolivia and bulk-focused partners like Japan and Chile, reflecting varied product grades. Geographic risk remains tied to this dual-market structure, with regional trade agreements and infrastructure upgrades like the Chancay port shaping future competitiveness. This analysis covers 2025 Q2 and is based on cleanly processed Customs data from the yTrade database.

Peru Petroleum Oil (HS 2710) 2025 Q2 Export Background

Peru's Petroleum Oil exports (HS Code 2710) cover refined oils from bituminous minerals, critical for energy, transportation, and industrial sectors globally due to stable demand. With Peru's export economy gaining competitiveness through trade agreements and infrastructure upgrades like the Chancay megaport [Import Globals], the country remains a key supplier, shipping $2.06B in refined petroleum in 2023 to markets like the US and Brazil [OEC]. For 2025 Q2, Peru’s strategic role in HS Code 2710 exports is reinforced by its growing trade network and favorable economic outlook.

Peru Petroleum Oil (HS 2710) 2025 Q2 Export: Trend Summary

Key Observations

Peru's Petroleum Oil exports under HS Code 2710 in Q2 2025 showed significant price volatility, with a sharp drop in June to 0.59 USD/kg from 0.71 USD/kg in May, marking the lowest unit price of the period despite overall stable export values.

Price and Volume Dynamics

Comparing Q2 to Q1, export volume surged by approximately 26.6%, driven by increased shipments in April and May, but the average unit price declined slightly, keeping total values steady. The June price plunge likely reflects typical seasonal adjustments in global oil markets, where mid-year demand often softens due to reduced industrial activity or inventory drawdowns, rather than a structural shift. This pattern aligns with common stock cycles in petroleum exports, where price corrections follow periods of high volume to balance supply and demand.

External Context and Outlook

Peru's export environment remains bolstered by trade agreements and infrastructure investments, such as the Chancay megaport, which enhance logistics and competitiveness for petroleum products [Import Globals]. These factors, coupled with strong partnerships with key markets like the U.S. and Brazil, provide a buffer against price volatility, suggesting sustained export momentum for Peru Petroleum Oil HS Code 2710 Export 2025 Q2 despite external price pressures.

Peru Petroleum Oil (HS 2710) 2025 Q2 Export: HS Code Breakdown

Product Specialization and Concentration

In Peru's Petroleum Oil HS Code 2710 Export for 2025 Q2, the dominating sub-code is 2710191510, described as petroleum oils not light oils and preparations, which holds a 43 percent value share with a unit price of $0.88 per kilogram. Extreme price anomalies are present in sub-codes like 2710193400 and 2710193600, with prices around $2.20 to $2.47 per kilogram but very low volumes, and these are isolated from the main analysis pool.

Value-Chain Structure and Grade Analysis

The non-anomalous sub-codes fall into two main groups: light oils with unit prices from $0.41 to $0.72 per kilogram, and heavy oils with prices from $0.42 to $2.08 per kilogram. This structure indicates a trade in fungible bulk commodities, where price variations are driven by quality grades rather than value-added processing, with light oils generally at lower price points and heavy oils including some higher-priced segments.

Strategic Implication and Pricing Power

For Peru's Petroleum Oil HS Code 2710 Export in 2025 Q2, pricing power appears stronger in higher-grade heavy oils, and market players should prioritize these segments for improved margins. This is supported by Peru's enhanced export competitiveness due to trade agreements and infrastructure investments [Import Globals], which facilitate efficient logistics for bulk commodity trade.

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Peru Petroleum Oil (HS 2710) 2025 Q2 Export: Market Concentration

Geographic Concentration and Dominant Role

Peru Petroleum Oil HS Code 2710 Export 2025 Q2 is highly concentrated in the United States, which leads with a 25.11% value share but only 11.27% weight share, pointing to higher unit prices for refined or premium products. Japan follows with a large weight share but slightly lower value ratio, suggesting bulk shipments of lower-grade oil. The value-weight disparity across top buyers indicates varied product grades, with the US likely purchasing more processed petroleum.

Partner Countries Clusters and Underlying Causes

Two main clusters emerge: high-value buyers like the US and Bolivia, where value ratios exceed weight ratios, possibly due to demand for refined oils; and bulk buyers like Japan and Chile, with higher weight shares, indicating crude or fuel oil imports. Regional neighbors like Panama and Brazil show moderate patterns, likely influenced by trade agreements and proximity, as Peru's exports historically favor these markets [OEC World].

Forward Strategy and Supply Chain Implications

Exporters should prioritize high-value markets such as the US and leverage trade agreements to maintain competitiveness. Infrastructure upgrades, like the Chancay port, can streamline logistics for bulk shipments to Asia and regional partners [Import Globals]. Monitoring unit price trends will help adjust strategies for commodity price swings.

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Peru Petroleum Oil (HS 2710) 2025 Q2 Export: Buyer Cluster

Buyer Market Concentration and Dominance

For Peru Petroleum Oil Export 2025 Q2 under HS Code 2710, the buyer market is extremely concentrated, with one segment of high-value and high-frequency buyers dominating 99.97% of the export value. This group, including companies like OIL TRADING SAC and PETROLEOS DEL PERU PETROPERU SA, drives the market with large, regular purchases, making the overall trade high-volume and reliant on frequent transactions.

Strategic Buyer Clusters and Trade Role

The other three segments play minor roles. Buyers with high value but low frequency, such as CIA INDUSTRIAL LIMA S A, likely represent large industrial users making occasional bulk purchases. Those with low value but high frequency, like MAVERICK PETROCHEM PERU S.A.C, could be smaller distributors or regular users handling smaller quantities. The segment with low value and low frequency, including EPIROC PERU SOCIEDAD ANONIMA, consists of infrequent, small buyers, possibly for niche or experimental needs.

Sales Strategy and Vulnerability

Exporters in Peru should prioritize securing and nurturing relationships with the dominant high-value, high-frequency buyers to maintain stable revenue, but this focus risks vulnerability to demand shifts from a few key clients. There is an opportunity to grow sales by engaging the smaller segments for diversification. Peru's trade agreements and infrastructure improvements, such as the Chancay megaport [Import Globals], support continued export strength, suggesting a sales model centered on bulk, regular shipments with limited need for broad customer outreach.

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Peru Petroleum Oil (HS 2710) 2025 Q2 Export: Action Plan for Petroleum Oil Market Expansion

Strategic Supply Chain Overview

The Peru Petroleum Oil Export 2025 Q2 under HS Code 2710 operates as a bulk commodity trade. Price is driven by product quality grades, with heavy oils commanding higher margins than light oils. Geopolitical factors and global oil indexes also influence pricing. The supply chain implication is high reliance on secure, large-volume logistics. Peru acts as a processing and export hub for crude and refined products. This structure creates vulnerability due to extreme buyer concentration and commodity price swings.

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

• Prioritize contracts with high-value, high-frequency buyers like OIL TRADING SAC to secure stable revenue, because they dominate 99.97% of export value.
• Diversify sales by targeting minor buyer segments in regional markets such as Panama, to reduce dependency on a few clients and capture niche opportunities.
• Monitor unit prices for sub-codes like 2710191510 to adjust export mix toward premium heavy oils, as this directly boosts profit margins.
• Leverage Peru's trade agreements and port upgrades like Chancay to streamline bulk shipments to Asia, ensuring cost-efficient logistics for high-volume buyers.

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Frequently Asked Questions

Q1. What is driving the recent changes in Peru Petroleum Oil Export 2025 Q2?

The Q2 2025 export saw a 26.6% volume surge but a June price drop to $0.59/kg, reflecting seasonal oil market adjustments rather than structural shifts. This volatility aligns with typical supply-demand balancing in bulk commodity trade.

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

The United States dominates with a 25.11% value share, followed by Japan and Bolivia. The U.S. imports higher-value refined oils, while Japan focuses on bulk crude shipments.

Q3. Why does the unit price differ across Peru Petroleum Oil Export 2025 Q2 partner countries?

Price differences stem from product grades: light oils (e.g., sub-code 2710191510 at $0.88/kg) trade lower, while heavy oils (up to $2.08/kg) command premium prices in markets like the U.S.

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

Exporters must prioritize high-value, high-frequency buyers (99.97% of trade) like PETROPERU SA, while diversifying into niche segments to reduce reliance on dominant clients.

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

Buyers in the U.S. benefit from stable refined oil supplies, while bulk importers like Japan face competitive pricing but lower-grade options. Regional partners gain from Peru’s trade agreements and logistics upgrades.

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

Peru’s exports are fungible bulk commodities, with light oils for general industrial use and heavy oils serving specialized applications, reflecting global demand for unprocessed or semi-refined petroleum.

Detailed Monthly Report

Peru HS2710 Export Snapshot 2025 APR

Peru HS2710 Export Snapshot 2025 MAY

Peru HS2710 Export Snapshot 2025 JUN