Peru Petroleum Oils HS271019 Export Data 2025 May Overview

Peru's HS Code 271019 petroleum oils export in May 2025 shows the US as top buyer (35.61% value, 14.10% weight), with regional trade to Bolivia and Chile, based on yTrade data.

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

Peru's Petroleum oils (HS Code 271019) Export in May 2025 reveals a high-value, processed product flow, with the UNITED STATES dominating as the top buyer—accounting for 35.61% of value but just 14.10% of weight—indicating premium-grade shipments. Regional trade with South American neighbors like BOLIVIA and CHILE shows steady, smaller-scale transactions, while the US market's reliance suggests both opportunity and risk. This analysis, covering May 2025, is based on cleanly processed Customs data from the yTrade database.

Peru Petroleum Oils (HS 271019) 2025 May Export Background

What is HS Code 271019?

HS Code 271019 refers to 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 fuels, lubricants, or feedstock. Global demand remains stable due to their critical role in industrial and commercial operations, particularly in emerging economies like Peru, where infrastructure and energy needs are growing.

Current Context and Strategic Position

In May 2025, Peru's HS Code 271019 exports are navigating a dynamic trade environment. Recent updates highlight changes in 2025 HS codes for US-Peru trade, emphasizing opportunities in machinery and vehicles under the US-Peru Free Trade Agreement (FTA) [FreightAmigo]. Peru's strategic position as a key importer of these oils, particularly from Italy and the US, underscores its reliance on stable supply chains for industrial growth [WTO Tariff & Trade Data]. With global commodity price volatility and evolving trade policies, vigilance in tracking Peru petroleum oils HS Code 271019 export 2025 May trends is critical for stakeholders.

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

Key Observations

In May 2025, Peru's exports of Petroleum oils under HS Code 271019 surged to $305.02 million in value and 370.19 million kilograms in weight, marking a strong monthly performance amid volatile trade conditions.

Price and Volume Dynamics

The Peru Petroleum oils export data for 2025 shows significant month-over-month fluctuations, with a notable 30% increase in value from April to May, alongside a 49% rise in weight. This volatility aligns with typical industry cycles for petroleum products, where seasonal demand shifts—such as pre-summer inventory builds or global price spikes—often drive abrupt changes in export volumes. The overall trend from January to May reflects a pattern of peaks in March and May, suggesting responsive adjustments to market signals rather than steady growth.

External Context and Outlook

Although no specific policy updates for May 2025 are detailed in recent sources, general trade insights [Datamyne] indicate that HS Code 271019 encompasses diverse petroleum oils, with exports sensitive to global crude oil prices and international demand. Peru's export dynamics are likely influenced by broader economic factors, such as currency exchange rates and competitive trade agreements, which could sustain volatility in the coming months.

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

Product Specialization and Concentration

Peru's export of Petroleum oils under HS Code 271019 in May 2025 is heavily concentrated in a single sub-code, 2710191510, which accounts for nearly 70% of the total export value. This sub-code represents petroleum oils that are not light oils and preparations, with a low unit price of 0.91 USD per kilogram, indicating a bulk, commodity-grade product specialization. yTrade data shows this sub-code dominates both value and weight shares, highlighting Peru's focus on high-volume, low-value exports in this category. An extreme price anomaly is present in sub-code 2710192290, with a unit price of 19.15 USD per kilogram, but it is isolated due to minimal volume and not part of the main analysis pool.

Value-Chain Structure and Grade Analysis

The non-anomalous sub-codes can be grouped into two main categories based on unit price and likely quality grade. The first group includes sub-codes like 2710191510, 2710192111, and 2710192210, with unit prices ranging from 0.48 to 0.91 USD per kilogram, representing bulk, lower-grade petroleum oils that are likely fungible commodities tied to market indices. The second group consists of sub-codes such as 2710193800, 2710193600, and 2710193400, with higher unit prices from 2.08 to 2.67 USD per kilogram, suggesting more processed or specialty oils with some differentiation, though the overall structure leans towards commodity trade rather than highly manufactured goods.

Strategic Implication and Pricing Power

For Peru's Petroleum oils exports under HS Code 271019, the dominance of bulk commodities means limited pricing power for exporters, as prices are largely influenced by global oil markets and indices. Strategic focus should remain on cost-efficient production and logistics for high-volume items, while exploring niches in higher-grade oils for marginal gains. [WTO Tariff & Trade Data] indicates general trade patterns support this commodity-driven approach, but no specific May 2025 policy changes alter this outlook. (WTO Tariff & Trade Data)

Check Detailed HS 271019 Breakdown

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

Geographic Concentration and Dominant Role

In May 2025, Peru's export of Petroleum oils under HS Code 271019 was heavily concentrated, with the UNITED STATES dominating as the top importer, accounting for 35.61% of the value but only 14.10% of the weight. This large gap between value and weight ratios points to a higher unit price, suggesting that Peru is shipping a more processed or premium grade of petroleum oils to the US, rather than raw crude.

Partner Countries Clusters and Underlying Causes

The importers form three clear groups. First, the UNITED STATES stands alone with high-value, low-frequency shipments, likely due to strong demand for refined products. Second, BOLIVIA shows very high frequency but moderate value, indicating regular, smaller trades, probably driven by geographic proximity and existing trade routes. Third, regional neighbors like CHILE, BRAZIL, COLOMBIA, ECUADOR, and ARGENTINA share similar mid-range frequency and value patterns, which can be explained by South American trade agreements and lower transportation costs for bulk commodities.

Forward Strategy and Supply Chain Implications

For Peruvian exporters, this geographic spread calls for focusing on maintaining stable supply chains to the US while exploring opportunities in other high-value markets to reduce reliance. Strengthening regional partnerships could hedge against price volatility, and investing in refining capacity might capture more value from exports. Since petroleum oils are a commodity, monitoring global oil prices and logistics costs will be key to staying competitive.

CountryValueQuantityFrequencyWeight
UNITED STATES80.37M45.99K82.0036.79M
BOLIVIA42.82M60.64K12.54K49.52M
CHILE26.82M150.47K569.0059.55M
BRAZIL16.92M41.02K518.0036.98M
COLOMBIA10.27M14.84K563.0011.83M
ECUADOR************************

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

Buyer Market Concentration and Dominance

In the Peru Petroleum oils Export for 2025 May, under HS Code 271019, the buyer market is extremely concentrated, with one segment of high-value, high-frequency buyers dominating almost all trade value. yTrade data reveals that this group accounts for 99.62% of the total export value, indicating a market driven by large, regular purchases typical for commodity products like petroleum oils. The median trade pattern shows consistent, high-volume transactions, with these buyers responsible for nearly 80% of the quantity and over 99% of both value and weight shares, underscoring their critical role in Peru's export economy for this period.

Strategic Buyer Clusters and Trade Role

The remaining three segments of buyers play minor but distinct roles. High-value, low-frequency buyers represent occasional bulk purchases, likely for specific projects or stockpiling, contributing 0.29% to value. Low-value, high-frequency buyers are smaller entities making regular, small-quantity buys, possibly for distribution or retail, with a 0.07% value share. Low-value, low-frequency buyers are infrequent, small-scale participants, often niche or trial orders, accounting for just 0.02% of value but a higher quantity share due to smaller unit sizes, reflecting sporadic engagement in the commodity market.

Sales Strategy and Vulnerability

For exporters in Peru, the strategy must prioritize nurturing relationships with the dominant high-value buyers to maintain stability, while monitoring risks of over-reliance on a few key clients. Opportunities exist in diversifying into emerging markets or value-added products, supported by trade agreements like the US-Peru FTA, which facilitates exports [FreightAmigo]. The sales model should emphasize contract-based, volume-driven approaches to align with commodity trade norms, reducing vulnerability to demand shifts highlighted in WTO data (ttd.wto.org).

Buyer CompanyValueQuantityFrequencyWeight
AIR BP PBF DEL PERU S.A.C83.49M51.61K521.0041.28M
REPSOL MARKETING S.A.C57.21M94.14K445.00105.97M
PLUSPETROL PERU CORPORATION S.A39.95M58.02K11.96K48.29M
TERPEL COMERCIAL DEL PERU S.R.L************************

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

Strategic Supply Chain Overview

The Peru Petroleum oils Export 2025 May under HS Code 271019 operates as a bulk commodity market. Price is driven by global oil indices and product grade. Lower-grade oils dominate volume. Higher-grade oils ship to the UNITED STATES at premium prices. The supply chain relies on high-volume logistics for commodity trade. It faces risk from over-reliance on a few large buyers. Geographic concentration adds vulnerability to regional demand shifts.

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

  • Track global oil price indices weekly to time large shipments. This maximizes revenue by aligning exports with favorable market conditions.
  • Analyze buyer frequency data to secure long-term contracts with high-value clusters. This ensures stable demand and reduces reliance on spot market volatility.
  • Map shipping routes and costs for regional partners like BOLIVIA and CHILE. This optimizes logistics for high-frequency, lower-margin trades.
  • Develop a sales strategy for niche, higher-grade oils targeting markets like the US. This diversifies revenue streams beyond bulk commodity 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 May?

Peru's petroleum oils exports surged 30% in value and 49% in weight from April to May 2025, reflecting volatile commodity cycles and potential seasonal demand shifts like pre-summer inventory builds.

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

The UNITED STATES dominates with 35.61% of export value, followed by regional partners like BOLIVIA, CHILE, and BRAZIL, which trade smaller volumes more frequently.

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

Price differences stem from product grades: bulk commodity oils (e.g., sub-code 2710191510 at 0.91 USD/kg) ship widely, while the US receives higher-value oils (e.g., sub-code 2710193800 at 2.67 USD/kg).

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

Exporters must prioritize contracts with high-value buyers (99.62% of trade value) while exploring niche markets for premium oils to reduce reliance on bulk commodity demand.

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

US buyers secure higher-grade oils, while regional neighbors like Bolivia rely on cost-efficient bulk shipments, reflecting Peru's role as a flexible supplier for varied needs.

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

Peru’s exports are primarily bulk commodity-grade oils for refining or industrial use, with a smaller share of processed oils likely destined for specialized applications.

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