Peru Petroleum Oils HS271019 Export Data 2025 January Overview

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

Peru's Petroleum oils (HS Code 271019) exports in January 2025 reveal a high-value product mix, with refined oils commanding premium prices in Bolivia (29.88% value share) and bulk shipments to Panama at lower rates. The market shows strong regional concentration, with Bolivia and Panama dominating as key destinations, while Europe and Ecuador present niche opportunities for higher-grade exports. Buyer reliance on these two major markets indicates geographic risk, though diversified demand in Europe and specialized imports in Ecuador offer stability. This analysis, covering January 2025, is based on cleanly processed Customs data from the yTrade database.

Peru Petroleum Oils (HS 271019) 2025 January Export Background

Petroleum oils (HS Code 271019) cover refined oils from bituminous minerals, excluding crude, and are vital for energy, transportation, and industrial sectors, ensuring steady global demand. As of January 2025, Peru’s imports under this code remain strong, with a 3.8% tariff and $2.1 billion in trade, supported by the US-Peru FTA and domestic energy needs [WTO Tariff & Trade Data]. Peru’s growing economy and industrial demand make it a key market for petroleum oils exports in 2025.

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

Key Observations

In January 2025, Peru's exports of petroleum oils under HS Code 271019 reached 171.50 million USD in value and 242.01 million kg in volume, indicating a steady start to the year for this energy product category.

Price and Volume Dynamics

The export performance in January likely reflects stable QoQ trends, with potential slight decreases compared to the previous quarter due to seasonal reduced demand for heating oils in the Southern Hemisphere summer. Year-over-year, exports may show consistency, supported by ongoing industrial and transportation needs that characterize the petroleum industry's demand cycles, rather than sharp fluctuations.

External Context and Outlook

This stability is underpinned by Peru's trade environment, where the US-Peru Free Trade Agreement facilitates exports by reducing tariffs, with an applied rate of 3.8% on such goods as noted in WTO Tariff & Trade Data. Despite high import volumes of 2.1 billion USD highlighting domestic demand, export flows remain resilient, aided by broader market access and no major policy shifts reported for January 2025, suggesting a continued balanced outlook for Peru Petroleum oils HS Code 271019 Export in the near term.

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

Product Specialization and Concentration

For Peru's exports of petroleum oils under HS Code 271019 in January 2025, the market is heavily concentrated, with sub-code 2710191510 dominating at over 36% of the export value. This sub-code, characterized by medium oils not light oils, has a unit price of 0.86 USD per kilogram, indicating a standard grade product. The high value share and moderate unit price suggest it is the core export item, with no extreme price anomalies present in the data.

Value-Chain Structure and Grade Analysis

The remaining sub-codes can be grouped into two categories based on unit price. The first group, with unit prices ranging from 0.43 to 0.87 USD per kilogram, includes codes like 2710192210 and 2710192111, representing standard medium oils that are likely fungible bulk commodities traded on market indices. The second group, with unit prices from 2.14 to 2.29 USD per kilogram, such as 2710193800, points to more specialized or processed preparations, suggesting some level of differentiation but still within a commodity-driven framework overall.

Strategic Implication and Pricing Power

This structure implies that Peru's export market for petroleum oils is primarily commodity-based, offering limited pricing power for most players due to the dominance of standardized products. Strategic focus should be on cost efficiency and volume for the bulk oils, while the higher-priced items may allow for slight premium opportunities. According to WTO Tariff & Trade Data, Peru's trade policies support energy exports, but the commodity nature means external price fluctuations heavily influence outcomes.

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

Geographic Concentration and Dominant Role

Peru's exports of Petroleum oils under HS Code 271019 in January 2025 are highly concentrated, with Bolivia as the dominant market by value share. Bolivia holds a 29.88% value share compared to its 24.10% weight share, indicating higher-value exports like refined oils at approximately 0.88 USD per kilogram. In contrast, Panama has a similar value share but a much higher weight share, suggesting lower-grade bulk shipments at around 0.49 USD per kilogram.

Partner Countries Clusters and Underlying Causes

Export destinations form three clusters: first, Bolivia and Panama dominate with high volume, where Bolivia likely receives refined products for regional use, and Panama serves as a hub for crude oil transshipment. Second, Chile, Colombia, the US, and Ecuador import moderate volumes, with Ecuador's higher unit price pointing to specialized refined oils for local energy needs. Third, European countries like Spain, France, and the Netherlands have consistent, lower-volume imports, probably for industrial or niche applications.

Forward Strategy and Supply Chain Implications

Peru should maintain strong export flows to Bolivia and Panama while diversifying into higher-value markets like Ecuador and Europe. Supply chains need efficient logistics for bulk shipments to Panama and refined product handling for value-driven destinations. Monitoring trade agreements could support access, but current patterns rely on existing regional and industrial demand.

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

Buyer Market Concentration and Dominance

For Peru Petroleum oils Export under HS Code 271019 in January 2025, the buyer market is highly concentrated, with one segment of buyers—those making large, frequent purchases—accounting for over 80% of the total export value. This group also handles nearly all transaction frequency, showing that the market is dominated by a few key players who buy often and in bulk. The four segments of buyers reveal that the typical trade involves high volume and regular activity, centered around this core group.

Strategic Buyer Clusters and Trade Role

The remaining buyer segments include infrequent large buyers, who contribute almost 19% of value through rare but substantial orders, likely representing refineries or industrial users securing bulk shipments. There are also frequent small buyers and occasional small buyers, each adding less than 1% to value, which may consist of distributors or minor end-users handling smaller, routine or sporadic needs. Given that petroleum oils are a commodity, these clusters reflect different levels of supply chain integration and demand patterns.

Sales Strategy and Vulnerability

Exporters in Peru should prioritize nurturing relationships with the dominant high-volume buyers to secure steady revenue, while cautiously engaging infrequent large buyers to reduce reliance on a narrow client base. The minimal impact from small buyers indicates that sales efforts can focus on direct, bulk transactions rather than broad distribution. The trade context, supported by sources like [WTO] noting a 3.8% applied tariff on imports, suggests stable export conditions under existing agreements, though dependence on few buyers poses a risk if demand shifts.

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

Strategic Supply Chain Overview

The Peru Petroleum oils Export 2025 January under HS Code 271019 is commodity-driven. Price depends on product grade and global oil indices. Bulk medium oils dominate, limiting pricing power. Supply chains must ensure secure, high-volume flows to key partners like Bolivia and Panama. Regional demand and logistics efficiency define costs.

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

• Track unit prices by HS sub-code weekly to spot grade shifts. This targets premium opportunities in specialized oils like 2710193800.
• Prioritize sales to high-frequency bulk buyers securing 80% of value. This maintains stable revenue and reduces client acquisition costs.
• Diversify exports into higher-value markets like Ecuador and Europe using trade data. This lessens reliance on volatile bulk destinations.
• Optimize logistics for Panama’s transshipment hub and Bolivia’s refined oil needs. This cuts supply chain expenses for bulk and value-grade flows.

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Frequently Asked Questions

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

Peru's petroleum oil exports in January 2025 show steady performance, with stable demand driven by industrial and transportation needs. The commodity-based nature of the market means external price fluctuations heavily influence outcomes, but no major policy shifts disrupted trade.

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

Bolivia and Panama dominate, each holding nearly 30% of the export value. Bolivia receives higher-value refined oils, while Panama acts as a transshipment hub for bulk crude.

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

Price differences stem from product grades: Bolivia’s higher-priced refined oils (0.88 USD/kg) contrast with Panama’s bulk shipments (0.49 USD/kg). Sub-codes like 2710191510 (standard medium oils) and 2710193800 (specialized preparations) further explain the range.

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

Exporters should prioritize high-volume buyers, who drive 80% of trade value, while diversifying into niche markets like Ecuador and Europe for premium opportunities. Cost efficiency is critical for bulk commodity sales.

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

Buyers in Bolivia and Panama benefit from reliable bulk supply, while European buyers access niche refined products. Dependence on Peru’s exports may pose risks if demand shifts or logistics falter.

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

Most exports are standard medium oils for industrial and transportation needs, with some refined preparations likely used for regional energy or specialized applications.