Peru Petroleum Oils HS271019 Export Data 2025 March Overview

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

Peru's Petroleum oils (HS Code 271019) Export in 2025 March reveals a high-value, premium-grade product, with the US dominating as the top market—accounting for 38.30% of export value but only 21.03% of weight, signaling refined, specialty shipments. Buyer concentration is moderate, with distinct clusters: high-value (US, Spain), bulk-volume (Panama, Chile), and regional (Colombia, Ecuador). The market shows stable demand, with exporters prioritizing premium markets while optimizing bulk logistics. This analysis covers March 2025 and is based on cleanly processed Customs data from the yTrade database.

Peru Petroleum Oils (HS 271019) 2025 March 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 essential for industries such as transportation, manufacturing, and energy, where they serve as lubricants, fuel oils, or processing inputs. Global demand remains stable due to their critical role in industrial operations and infrastructure development. Peru’s exports under this code are part of a broader trade in refined petroleum products, which are vital for both domestic and international markets.

Current Context and Strategic Position

In 2025, Peru’s trade dynamics for HS Code 271019 are influenced by evolving global energy policies and regional demand shifts. Recent updates highlight adjustments to HS code classifications, including subcategories like fuel oils for processing [TariffNumber], underscoring the need for exporters to stay compliant. Peru’s strategic position as a supplier is reinforced by its trade agreements, such as the US-Peru FTA, which facilitates tariff advantages for key exports [FreightAmigo]. With global commodity markets volatile, Peru’s petroleum oils exports in March 2025 require close monitoring to capitalize on emerging opportunities and navigate regulatory changes.

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

Key Observations

In March 2025, Peru's exports of petroleum oils under HS Code 271019 reached 285.41 million USD in value and 401.41 million kg in volume, marking a significant surge compared to previous months and highlighting a robust performance in the Peru Petroleum oils HS Code 271019 Export 2025 March data.

Price and Volume Dynamics

The sequential data shows a decline from January to February, with value dropping from 171.50M to 139.32M USD and weight from 242.01M to 213.64M kg, followed by a sharp rebound in March. This pattern aligns with typical industry cycles for petroleum products, where export fluctuations often stem from seasonal inventory adjustments and production scheduling rather than fundamental demand shifts. The MoM increase in March—value nearly doubling and weight rising by over 85%—suggests a catch-up in export deliveries, possibly driven by refinery output normalization or logistical catch-ups after a slower period.

External Context and Outlook

External factors, such as trade facilitation under agreements like the US-Peru Free Trade Agreement, may have supported this volatility, as noted in recent trade guides [FreightAmigo]. These frameworks enhance Peru's export competitiveness, potentially explaining the March spike. Moving forward, stability will hinge on global oil price trends and sustained demand from key partners, with any policy shifts likely influencing quarterly outcomes.

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

Product Specialization and Concentration

In March 2025, Peru's export of Petroleum oils under HS Code 271019 shows strong specialization in sub-code 2710191510, which accounts for over half of the export value. This product, described as non-light oils and preparations not containing biodiesel, has a unit price of 1.07 USD per kilogram, indicating a standard bulk grade. According to yTrade data, this sub-code dominates with a 56.32% value share, while anomalies like sub-code 2710193400, with a unit price of 2.67 USD per kilogram but only a 0.10% value share, are isolated as niche variants.

Value-Chain Structure and Grade Analysis

The remaining sub-codes fall into two clear groups based on unit price and volume. The first group includes high-volume, lower-priced codes like 2710192210 at 0.46 USD per kilogram, which alongside 2710191510, represents fungible bulk commodities likely tied to market indices. The second group consists of low-volume, higher-priced codes such as 2710193800 and 2710192111, with unit prices ranging from 0.90 to 2.26 USD per kilogram, suggesting differentiated, higher-grade products. This structure points to a market primarily dealing in standardized bulk goods with minor specialized segments.

Strategic Implication and Pricing Power

For Peru Petroleum oils HS Code 271019 Export 2025 March, the heavy concentration in bulk commodities implies limited pricing power, as values are driven by global oil price fluctuations rather than product differentiation. Market players should focus on cost efficiency and volume scaling for the dominant grades, while exploring niche opportunities in higher-priced variants for marginal gains. [WTO Tariff & Trade Data] supports that medium oils dominate Peru's trade profile, reinforcing the bulk commodity nature and the need for strategic alignment with index-based pricing.

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

Geographic Concentration and Dominant Role

Peru's Petroleum oils HS Code 271019 Export in 2025 March is heavily concentrated, with the UNITED STATES dominating as the top market, accounting for 38.30% of export value but only 21.03% of weight, indicating a higher unit price and likely refined, premium-grade products. This value-weight disparity suggests that exports to the US command a higher price per kilogram, pointing to advanced processing or specialty oils, while other markets may receive bulk or lower-grade shipments.

Partner Countries Clusters and Underlying Causes

The export partners form three clear clusters: first, high-value destinations like the US and SPAIN, where higher unit prices imply demand for quality or specialized oils; second, high-volume, lower-value markets such as PANAMA and CHILE, where large weight shares but moderate value ratios suggest bulk shipments of crude or intermediate products, possibly for transshipment or regional distribution; and third, neighboring countries like COLOMBIA, ECUADOR, and BOLIVIA, with frequent but smaller shipments, driven by proximity and existing trade networks that favor cost-effective, short-haul logistics.

Forward Strategy and Supply Chain Implications

For exporters, prioritizing high-value markets like the US can maximize revenue, while optimizing bulk logistics for volume-driven partners like Panama reduces costs. Supply chains should focus on refining capacity and quality control to meet premium demands, and leverage regional trade agreements for efficient distribution to nearby countries, ensuring competitive pricing and reliability in Peru's petroleum oils exports.

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

Buyer Market Concentration and Dominance

The Peru Petroleum oils Export for March 2025 under HS Code 271019 shows a highly concentrated buyer market, dominated by a small set of high-volume, frequent purchasers. Based on yTrade data, these buyers account for 78.02% of the export value and 98.46% of all transactions, indicating that the trade is driven by regular, large-scale shipments typical of commodity products. This four-segment analysis reveals that the market is characterized by steady, high-frequency engagements from key players.

Strategic Buyer Clusters and Trade Role

Beyond the dominant group, other buyer segments play specific roles. Infrequent but high-value buyers contribute 21.96% of the value, likely representing major industrial users or refineries making bulk purchases for long-term needs. Frequent low-value buyers, with minimal value share, probably include small distributors or retailers handling smaller, routine orders. The rare low-value, low-frequency buyers have negligible impact, possibly consisting of occasional or niche market participants with one-off deals.

Sales Strategy and Vulnerability

For exporters in Peru, the strategy should prioritize securing and nurturing relationships with the high-volume, frequent buyers to maintain stable revenue. The heavy reliance on this segment poses a risk if key buyers reduce orders, so diversifying into engaging the infrequent high-value buyers could offer growth opportunities. Sales models should focus on bulk contracts and reliable supply chains, supported by Peru's established trade frameworks [WTO Tariff & Trade Data] which underscore steady demand for petroleum products.

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

Strategic Supply Chain Overview

Peru Petroleum oils Export 2025 March under HS Code 271019 is a bulk commodity market. Price is driven by global oil indices and product grade. High-volume, low-price codes dominate. The UNITED STATES pays premium prices for quality. Supply chains must prioritize cost efficiency for bulk shipments. They must also support quality control for premium markets. Heavy buyer concentration creates reliance risk. Exporters need secure, high-volume logistics.

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

• Use HS Code 271019 sub-code data to separate bulk and premium product logistics. This prevents cost leakage and maximizes margin on high-value shipments.
• Analyze buyer frequency data to lock in long-term contracts with top volume clients. This ensures stable revenue and reduces market volatility risk.
• Track unit price by destination to prioritize shipments to high-value markets like the US. This directly increases average revenue per kilogram exported.
• Develop targeted trade strategies for neighboring countries using proximity advantages. This lowers shipping costs and strengthens regional market share.
• Diversify buyer base by engaging occasional high-value purchasers identified in trade data. This reduces over-reliance on a few key clients and builds revenue resilience.

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 March?

The March 2025 surge in exports (285.41M USD, 401.41M kg) reflects a rebound from seasonal inventory adjustments, with refinery output normalization likely catching up after a slower February.

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

The UNITED STATES dominates (38.30% of export value), followed by SPAIN, PANAMA, and CHILE, with the US receiving higher-priced, likely refined products.

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

Price gaps stem from product specialization: bulk-grade oils (e.g., sub-code 2710191510 at 1.07 USD/kg) ship to volume-driven markets, while premium variants (e.g., 2710193800 at 2.26 USD/kg) target high-value destinations like the US.

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

Prioritize high-volume, frequent buyers (78.02% of value) for stability, while exploring niche demand from infrequent high-value buyers to diversify revenue streams.

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

US buyers access premium-grade oils, while regional partners (e.g., Panama, Chile) benefit from cost-effective bulk shipments, reflecting Peru’s dual focus on quality and volume efficiency.

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

Exports are primarily standardized bulk commodities for industrial refining or energy use, with minor specialized segments catering to niche applications.