Peru Petroleum Oils HS271019 Export Data 2025 August Overview

Peru Petroleum Oils (HS 271019) 2025 August Export: Key Takeaways

In August 2025, Peru's Petroleum oils (HS Code 271019) Export market reveals a dual supply structure: the US dominates with 35.65% share, shipping premium refined products at higher unit prices, while regional players like Singapore and Brazil supply lower-grade crude. Buyer concentration remains moderate, with no single importer holding excessive leverage. The market shows stable demand, supported by steady tariffs and trade agreements like the US-Peru FTA. This analysis, covering August 2025, is based on verified Customs data from the yTrade database. Peru's import strategy balances high-value refined oils with cost-effective crude, ensuring supply stability.

Peru Petroleum Oils (HS 271019) 2025 August Export Background

What is HS Code 271019?

HS Code 271019 covers petroleum oils and oils obtained from bituminous minerals, excluding crude oil. These products are critical for industries like transportation, manufacturing, and energy due to their use as fuel and lubricants. Global demand remains stable, driven by industrial activity and energy needs, making this a strategically significant trade commodity.

Current Context and Strategic Position

As of August 2025, Peru maintains a 3.8% tariff rate on HS Code 271019 imports, with no new export restrictions reported [WTO Tariff & Trade Data]. The country benefits from trade agreements like the US-Peru Free Trade Agreement, which facilitates preferential tariffs for petroleum oils [FreightAmigo]. Peru’s growing economy and industrial sector underscore its importance as a key market for petroleum oils exports under HS Code 271019 in 2025, warranting close monitoring of trade policies and tariff adjustments.

Peru Petroleum Oils (HS 271019) 2025 August Export: Trend Summary

Key Observations

In August 2025, Peru's exports of Petroleum oils under HS Code 271019 reached $293.41 million in value and 406.27 million kg in volume, marking a solid performance in the energy sector for that month.

Price and Volume Dynamics

The month-over-month growth from July to August shows a 2.8% increase in value and a significant 15.6% surge in volume, reflecting heightened export activity. This uptick aligns with typical industrial demand cycles for petroleum products, where mid-year often sees increased production and stock replenishment ahead of seasonal peaks. Compared to earlier months like March and May, which also exhibited high export levels, the trend suggests consistent volatility driven by global oil market dynamics and domestic output adjustments.

External Context and Outlook

The stability in Peru's export environment for Petroleum oils is supported by a steady 3.8% tariff rate and the absence of new policy changes in August 2025, as noted by [WTO Tariff & Trade Data]. Existing trade agreements, such as the US-Peru FTA (FreightAmigo), continue to facilitate smooth trade flows, reducing barriers and encouraging sustained export growth despite global price fluctuations.

Peru Petroleum Oils (HS 271019) 2025 August Export: HS Code Breakdown

Product Specialization and Concentration

In August 2025, Peru's export of petroleum oils under HS Code 271019 is heavily concentrated in sub-code 2710191510, which covers petroleum oils not light oils and preparations. This sub-code represents 64 percent of the export value and 46 percent of the weight, with a unit price of 1.00 USD per kilogram, indicating a focus on high-volume, low-value bulk trade. According to yTrade data, the unit price is significantly lower than other sub-codes, underscoring its role as a commodity specialization. An extreme price anomaly exists in sub-code 2710193900, with a unit price of 3.88 USD per kilogram, but it accounts for less than 0.1 percent of value and is isolated from the main analysis due to its minor share.

Value-Chain Structure and Grade Analysis

The remaining non-anomalous sub-codes fall into two clear categories based on unit price and grade. First, lower-grade bulk oils with unit prices below 1.00 USD per kilogram, such as 2710192290 and 2710192210, dominate in volume but have lower value per unit. Second, higher-grade oils with unit prices around 2.00 to 2.38 USD per kilogram, including 2710193800 and 2710193600, represent a smaller segment with potentially more refined characteristics. This structure points to a market primarily dealing in fungible bulk commodities, where products are likely priced against global indices, with a minor presence of differentiated, higher-value items.

Strategic Implication and Pricing Power

For exporters of Peru petroleum oils under HS Code 271019 in August 2025, the bulk-dominated structure limits pricing power, as competition revolves around cost and volume rather than product differentiation. [WTO Tariff & Trade Data] notes a 3.8 percent tariff on these exports, and trade agreements like the US-Peru FTA offer preferential treatment, which may support stable market access. Strategic focus should prioritize efficiency in bulk shipments or exploring niche higher-value opportunities to improve margins amidst commodity-driven competition.

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Peru Petroleum Oils (HS 271019) 2025 August Export: Market Concentration

Geographic Concentration and Dominant Role

In August 2025, the United States is the top exporter of Petroleum oils to Peru under HS Code 271019, holding 35.65% of the total export value. The high value ratio compared to its weight ratio (35.65 vs. 12.51) points to a higher unit price, suggesting that the US ships refined or premium-grade petroleum products rather than crude oil.

Partner Countries Clusters and Underlying Causes

Export countries fall into two main groups. First, high-unit-price exporters like the US, Bolivia, and Colombia likely send refined petroleum oils, possibly due to advanced refining capabilities or specific trade deals. Second, low-unit-price exporters such as Singapore, Chile, and Brazil probably supply crude or lower-grade oils, with Singapore acting as a key trading hub and South American neighbors benefiting from geographic closeness.

Forward Strategy and Supply Chain Implications

For market players, exporters should focus on high-value products and use existing trade agreements like the US-Peru FTA to reduce tariffs [FreightAmigo]. Peru can maintain supply stability by diversifying sources among regional and global partners, considering the steady 3.8% tariff on these imports (WTO).

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Peru Petroleum Oils (HS 271019) 2025 August Export: Buyer Cluster

Buyer Market Concentration and Dominance

The buyer market for Peru Petroleum oils Export in 2025 August is extremely concentrated, with one segment of buyers dominating almost the entire trade. According to yTrade data, buyers who make large, frequent purchases account for 99.92% of the total value under HS Code 271019. This group drives the market with high-volume, regular transactions, leaving little room for other buyer types. The analysis of the four segments of buyers shows that the market is defined by steady, high-value exchanges typical for commodity products like petroleum oils.

Strategic Buyer Clusters and Trade Role

The remaining three buyer segments have minimal impact. Buyers with small purchase values but high frequency represent a tiny share, likely involving smaller or more routine orders. Those with both low value and low frequency might be occasional or niche buyers, such as testing or inspection services. The absence of any buyers making large but infrequent purchases indicates no sporadic big deals in this market, reinforcing the commodity nature where consistent, bulk sales prevail.

Sales Strategy and Vulnerability

For exporters in Peru, the focus must be on nurturing relationships with the dominant high-value buyers to secure stable income. The main risk is dependence on a few major clients, but opportunities exist through existing trade agreements that support petroleum oil exports, as noted in news [FreightAmigo]. The sales approach should emphasize direct, long-term contracts with key refiners to mitigate volatility and leverage Peru's trade frameworks.

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Peru Petroleum Oils (HS 271019) 2025 August Export: Action Plan for Petroleum Oils Market Expansion

Strategic Supply Chain Overview

Peru Petroleum oils Export 2025 August under HS Code 271019 operates as a bulk commodity market. Price drivers are global oil indices and product grade, with low-value bulk oils dominating trade. High buyer concentration creates supply chain dependency on a few major clients. Geographic patterns show the US supplies premium refined oils, while regional partners offer crude. This structure implies high volume logistics needs and vulnerability to price swings or buyer shifts.

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

• Target long-term contracts with high-frequency buyers using trade data. This secures stable revenue and reduces market volatility risk.
• Analyze HS Code 271019 sub-codes to identify premium product opportunities. This diversifies exports beyond bulk oils and improves profit margins.
• Monitor competitor shipments from key hubs like Singapore and regional neighbors. This anticipates supply shifts and informs pricing strategy.
• Leverage trade agreement benefits like the US-Peru FTA for tariff reduction. This maintains cost competitiveness for both bulk and refined oil exports.

Take Action Now —— Explore Peru Petroleum oils Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Peru Petroleum oils Export 2025 August?

Peru's petroleum oil exports grew 2.8% in value and 15.6% in volume from July to August 2025, reflecting heightened bulk commodity demand. The surge aligns with mid-year industrial cycles and stable trade terms under existing agreements.

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

The United States dominates with 35.65% of export value, followed by Bolivia and Colombia. These partners likely import refined or premium-grade oils, while Singapore and Chile supply lower-grade bulk shipments.

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

Price differences stem from product grade variations. Bulk oils (e.g., sub-code 2710191510) trade at 1.00 USD/kg, while refined grades (e.g., 2710193800) command 2.00–2.38 USD/kg, reflecting their higher value.

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

Exporters must prioritize efficiency in bulk shipments to dominant high-volume buyers (99.92% of trade) while exploring niche higher-grade opportunities to improve margins.

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

Buyers benefit from stable bulk supply but face limited product differentiation. The US and regional partners gain access to both low-cost commodities and select premium-grade oils.

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

Peru’s exports primarily serve as industrial feedstock or energy commodities, with bulk oils used in refining and higher-grade products likely for specialized applications.