Peru Petroleum Oils HS271019 Export Data 2025 February Overview

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

Peru's petroleum oils (HS Code 271019) exports in February 2025 reveal a market dominated by bulk shipments of standard-grade products, with Bolivia accounting for 58.51% of shipments—highlighting high buyer concentration and regional trade reliance. The data shows three distinct buyer clusters: neighboring South American nations (bulk fuel), European and US markets (higher-value products), and Caribbean logistics hubs. This analysis, covering February 2025, is based on cleanly processed Customs data from the yTrade database.

Peru Petroleum Oils (HS 271019) 2025 February Export Background

What is HS Code 271019?

HS Code 271019 classifies petroleum oils and oils obtained from bituminous minerals (other than crude). These products are refined or processed derivatives of crude oil, excluding biodiesel. They are critical for industrial applications, including lubrication, fuel for machinery, and as feedstock for chemical manufacturing. Global demand remains stable due to their essential role in energy and transportation sectors, particularly in emerging economies like Peru, where industrial growth drives consumption [Datamyne].

Current Context and Strategic Position

As of February 2025, Peru continues to leverage tariff preferences under Decision 0735/12 for HS Code 271019, facilitating trade with key partners [WTO Tariff & Trade Data]. The US-Peru Free Trade Agreement further supports favorable conditions for exporters, with no new restrictions reported for petroleum oils this month [FreightAmigo]. Peru’s strategic position as a growing economy with rising industrial demand underscores its importance for petroleum oils exports under HS Code 271019 in 2025. Market vigilance is advised to monitor potential shifts in global oil prices or regional trade policies.

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

Key Observations

In February 2025, Peru's exports of Petroleum oils under HS Code 271019 reached $139.32 million in value and 213.64 million kilograms in volume, showing a notable decrease from the previous month.

Price and Volume Dynamics

The month-over-month decline in both value and weight for Peru Petroleum oils HS Code 271019 Export in 2025 February reflects typical seasonal patterns in the petroleum industry, where demand often softens post-winter due to reduced heating oil needs and refinery adjustment cycles. Value dropped by approximately 19% and volume by 12% from January, indicating not only lower shipment quantities but also potential pressure on per-unit prices amid fluctuating global oil markets. This aligns with common stock cycle behaviors, where inventories are drawn down after peak seasonal periods, leading to temporary export dips.

External Context and Outlook

The stability of trade agreements, such as the US-Peru Free Trade Agreement, continues to provide a supportive backdrop for exports, as noted in [FreightAmigo], which highlights tariff benefits that cushion against extreme volatility. While no disruptive policy changes occurred in February, the overall macro environment of steady demand from key partners like the U.S. suggests that this monthly contraction is likely transitional, with expectations for recovery as industrial activity and seasonal demand patterns normalize through 2025.

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

Product Specialization and Concentration

Peru's export of Petroleum oils under HS Code 271019 in February 2025 is dominated by the sub-code 2710191510, which accounts for 41.5% of the total value and 30% of the weight, with a unit price of 0.90 USD per kilogram. This product is described as petroleum oils not containing biodiesel and not light oils, indicating a focus on medium-grade bulk oils. yTrade data shows a significant price disparity, as the highest-priced sub-code 2710193900 at 4.58 USD per kilogram is an extreme anomaly with minimal volume, isolated from the main analysis due to its negligible market impact.

Value-Chain Structure and Grade Analysis

The non-anomalous sub-codes fall into two clear categories based on unit price and product form. The first group includes low to medium-grade bulk oils like 2710191510, 2710192210, and 2710192199, with unit prices ranging from 0.39 to 0.90 USD per kilogram, representing standardized, fungible commodities often traded on price indices. The second group consists of higher-value preparations such as 2710193800 and 2710193600, with unit prices around 2.20 to 2.40 USD per kilogram, suggesting slightly differentiated products possibly used in specific industrial applications, though still largely commodity-driven without strong branding.

Strategic Implication and Pricing Power

For Peru Petroleum oils HS Code 271019 Export in 2025 February, market players face limited pricing power in the dominant bulk segment, where competition is based on cost and volume. The higher-priced preparations offer modest differentiation but remain influenced by global oil price fluctuations. [FreightAmigo] notes that trade agreements like the US-Peru FTA support export conditions, suggesting that leveraging these frameworks could enhance market access for all grades, though strategic focus should prioritize efficiency in bulk handling to maintain competitiveness. (FreightAmigo)

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

Geographic Concentration and Dominant Role

Peru Petroleum oils HS Code 271019 Export 2025 February shows strong concentration, with Bolivia taking a dominant role by handling 58.51% of all shipments. The large gap between Bolivia's value share (20.47%) and its weight share (13.44%) points to a lower unit price for these bulk commodity shipments, suggesting Peru primarily exports standard-grade petroleum oils rather than high-value refined products.

Partner Countries Clusters and Underlying Causes

The trade flows form three clear groups. The first includes neighboring South American nations like Bolivia, Chile, Ecuador, and Colombia, which benefit from lower transport costs for bulk fuel shipments. The second cluster consists of European destinations (Spain, France) and the United States, which likely import specialized petroleum preparations or lubricants at higher unit prices. The third group contains the US Virgin Islands and British Virgin Islands, which act as logistics hubs for regional fuel distribution.

Forward Strategy and Supply Chain Implications

Exporters should maintain strong relationships with existing regional buyers while exploring opportunities for higher-value product exports to European and US markets. The trade data confirms that Peru's petroleum oil exports under HS Code 271019 are primarily bulk shipments to neighboring countries, supported by existing trade agreements. [Datamyne] notes this code covers medium oils and preparations, which aligns with the export pattern of standardized commodity products. Logistics planning should prioritize cost-efficient land and sea routes to Bolivia and other Andean Community partners.

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

Buyer Market Concentration and Dominance

The Peru Petroleum oils Export market for February 2025, under HS Code 271019, is overwhelmingly concentrated among a small group of frequent bulk buyers. yTrade data confirms that these regular, high-volume importers account for 96.63% of the total export value, demonstrating extreme market reliance on this single segment of buyers. This pattern defines the overall market as one dominated by consistent, large-scale trade relationships.

Strategic Buyer Clusters and Trade Role

Beyond the dominant bulk buyers, three other segments play distinct roles. A few infrequent but very large-volume buyers contribute a moderate share of total quantity, suggesting occasional major supply deals or strategic reserves. A larger number of frequent but very small-quantity buyers have minimal value impact, likely representing niche or testing shipments. Finally, a segment of infrequent, small-value buyers moves significant volume but little value, possibly indicating irregular spot traders or misclassified entries.

Sales Strategy and Vulnerability

For Peruvian exporters, strategy must prioritize maintaining relationships with the dominant bulk buyers, as losing even one could significantly impact monthly revenue. The market's high concentration creates vulnerability to demand shifts from these key clients. However, Peru's trade position is supported by tariff preferences under Decision 0735/12 [WTO Tariff & Trade Data], which helps maintain competitive access for these oil products. The sales model should remain focused on securing long-term contracts with major buyers while cautiously exploring opportunities in the occasional large-volume segment.

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

Strategic Supply Chain Overview

Peru Petroleum oils Export 2025 February under HS Code 271019 operates as a bulk commodity market. Price is driven by global oil indices for standard-grade shipments and slight product differentiation for specialized preparations. Supply chain implications focus on secure, high-volume logistics to neighboring countries and selective higher-value exports to distant markets. The market's extreme reliance on a few bulk buyers creates vulnerability but also emphasizes the need for stable regional trade partnerships.

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

• Monitor buyer frequency data to anticipate order cycles and prevent supply disruptions. This ensures consistent revenue from dominant bulk clients who drive 96% of export value.
• Segment shipments by unit price to prioritize logistics for high-value preparations to Europe and the US. This maximizes returns from products with higher margins despite smaller volumes.
• Use trade agreement frameworks like the US-Peru FTA to streamline customs for all buyer types. This reduces administrative delays and maintains competitive access for both bulk and niche exports.
• Analyze destination-specific weight-value gaps to adjust pricing strategies for regional partners like Bolivia. This aligns quotes with the commodity nature of bulk shipments and protects market share.

Final Summary

Peru's February 2025 export of Petroleum oils under HS Code 271019 is a volume-driven commodity trade. Success depends on managing bulk buyer relationships and optimizing logistics for regional supply chains. Data on buyer behavior and product grade is essential for maintaining stability and exploring niche opportunities.

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 February?

The decline in value (-19%) and volume (-12%) reflects seasonal post-winter demand softening, compounded by global oil price fluctuations affecting bulk commodity shipments.

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

Bolivia dominates with 58.5% of shipments, followed by Chile, Ecuador, and Colombia, while higher-value exports go to the U.S. and European markets like Spain and France.

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

Price gaps stem from product differentiation: bulk oils (e.g., sub-code 2710191510 at $0.90/kg) ship to neighbors, while specialized preparations (e.g., 2710193800 at $2.40/kg) target distant markets.

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

Prioritize long-term contracts with dominant bulk buyers (96.6% of value) while cautiously exploring niche opportunities in higher-value preparations for Europe/U.S. markets.

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

Neighboring buyers benefit from stable bulk supply at competitive prices, while U.S./European buyers access specialized preparations but face reliance on Peru’s limited high-grade output.

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

Exports are primarily medium-grade bulk oils for industrial and energy use in neighboring countries, with smaller volumes of refined preparations for specific applications in distant markets.