Peru Petroleum Oils HS271019 Export Data 2025 Q1 Overview

Peru Petroleum Oils (HS 271019) 2025 Q1 Export: Key Takeaways

Peru's Petroleum oils (HS Code 271019) Export market in 2025 Q1 shows high-grade product dominance, with demand spiking amid volatile price shifts. Buyer concentration remains a risk, dominated by a handful of key importers, while regional trade flows highlight Peru's growing role as a South American hub. This analysis is based on cleanly processed Customs data from the yTrade database, covering the 2025 Q1 period.

Peru Petroleum Oils (HS 271019) 2025 Q1 Export Background

What is HS Code 271019?

HS Code 271019 covers petroleum oils and oils obtained from bituminous minerals, other than crude, excluding biodiesel-containing products. These oils are critical for industries like transportation, manufacturing, and energy, ensuring stable global demand due to their role in fuel and lubrication. The category includes medium oils and preparations used in processing, with applications spanning machinery, vehicles, and industrial operations [Datamyne].

Current Context and Strategic Position

As of 2025 Q1, Peru’s export policies for HS Code 271019 petroleum oils remain stable under WTO tariff provisions, with an applied rate of 3.8% [WTO Tariff & Trade Data]. The US-Peru Free Trade Agreement facilitates broader market access, though petroleum oils typically face standard tariffs due to commodity regulations [FreightAmigo]. Peru’s strategic position is reinforced by active trade flows, including imports from Italy for lubrication oils, highlighting its role in regional and global supply chains [Volza]. Vigilance is advised for potential shifts in trade agreements or local customs updates affecting Peru petroleum oils HS Code 271019 export 2025 Q1.

Peru Petroleum Oils (HS 271019) 2025 Q1 Export: Trend Summary

Key Observations

Peru's export of petroleum oils under HS Code 271019 in 2025 Q1 totaled approximately 596 million USD in value with a volume of 857 million kg, marking a quarter of significant volatility driven by monthly fluctuations.

Price and Volume Dynamics

The quarter saw a sharp month-over-month decline in February, with value dropping 19% to 139 million USD, likely due to seasonal post-holiday demand lulls and inventory drawdowns common in the petroleum industry. March then rebounded strongly with a over 100% surge to 285 million USD, reflecting typical stock replenishment cycles and increased industrial activity as the quarter ended. This pattern underscores the inherent volatility in petroleum exports, where early-year adjustments often precede spring demand spikes.

External Context and Outlook

External factors, such as the stable trade environment confirmed by [WTO Tariff & Trade Data], show no new regulatory changes for HS Code 271019 exports from Peru, with tariffs holding at around 3.8% under existing agreements. (WTO Tariff & Trade Data) This stability suggests that the observed volatility is primarily influenced by global oil price movements and domestic demand cycles rather than policy shifts. Moving forward, exports are expected to align with seasonal trends and international market conditions.

Peru Petroleum Oils (HS 271019) 2025 Q1 Export: HS Code Breakdown

Product Specialization and Concentration

In 2025 Q1, the export of Peru Petroleum oils under HS Code 271019 is heavily concentrated in sub-code 2710191510, which handles petroleum oils not light oils and preparations. According to yTrade data, this sub-code holds a 47% value share and 33% weight share, with a unit price of 0.98 USD per kilogram, indicating it is the primary bulk product. No extreme price anomalies are present in the data set.

Value-Chain Structure and Grade Analysis

The remaining sub-codes fall into two clear groups based on unit price. Lower-priced oils, such as those with unit prices around 0.41 to 0.49 USD per kilogram, likely represent less refined or standard grade bulk commodities. Higher-priced oils, with unit prices from 2.21 to 2.36 USD per kilogram, suggest more refined or specialized products. This split shows that Peru's export under HS Code 271019 includes both fungible bulk oils tied to market indices and differentiated goods with value based on refinement.

Strategic Implication and Pricing Power

Exporters of Peru Petroleum oils face competitive pricing in bulk segments but can leverage higher margins in specialized refined products. Market conditions remain stable, as supported by the consistent tariff environment noted in [WTO Tariff & Trade Data], which reports a 3.8% applied rate under WTO commitments. This stability allows focus on cost efficiency for bulk exports and quality differentiation for higher-value items in the 2025 Q1 period.

Check Detailed HS 271019 Breakdown

Peru Petroleum Oils (HS 271019) 2025 Q1 Export: Buyer Cluster

Buyer Market Concentration and Dominance

According to yTrade data, the Peru Petroleum oils Export 2025 Q1 for HS Code 271019 is heavily dominated by one group of buyers who make frequent and high-value purchases, representing 83.32% of the total export value. This shows a market where most sales are regular and large in scale, with the typical buyer being a consistent, big spender. The four segments of buyers are sharply skewed towards this main group.

Strategic Buyer Clusters and Trade Role

The other buyer groups include those with high value but infrequent orders, which are likely major refineries or large industrial users buying in bulk occasionally. Then, there are buyers with low value and high frequency, probably small distributors or retailers making regular small purchases. Finally, the group with low value and low frequency consists of sporadic small buyers, such as occasional users or minor operations.

Sales Strategy and Vulnerability

For exporters in Peru, the key strategy is to focus on serving the dominant high-value frequent buyers to secure steady revenue. However, relying too much on them creates risk if they cut orders. There is a chance to grow by engaging the high-value infrequent buyers for occasional bulk sales. The sales approach should emphasize direct deals for large clients, backed by the stable trade conditions under current agreements like the WTO framework [WTO Tariff & Trade Data].

Table: Peru Petroleum Oils (HS 271019) Key Buyer Companies (Source: yTrade)

Check Full Petroleum oils Buyer lists

Peru Petroleum Oils (HS 271019) 2025 Q1 Export: Action Plan for Petroleum Oils Market Expansion

Strategic Supply Chain Overview

The Peru Petroleum oils Export 2025 Q1 under HS Code 271019 shows a market driven by product quality and global trade stability. Price is set by the grade split between bulk oils and refined products. Supply chains must ensure reliable delivery to dominant high-value buyers. This requires strong logistics and risk management for consistent exports.

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

• Use buyer frequency data to schedule shipments around dominant client cycles. This prevents inventory gaps and secures steady revenue.
• Analyze HS Code 271019 sub-codes to prioritize higher-priced refined oils. This boosts margins by focusing on value-added products.
• Monitor global oil indices and tariff changes with trade data tools. This helps anticipate price shifts and protect profits.
• Engage high-value infrequent buyers through targeted outreach based on purchase history. This diversifies sales and reduces dependency risks.
• Map supply chain vulnerabilities using buyer concentration data. This ensures continuity if key clients reduce orders.

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 Q1?

The volatility in Peru's petroleum oils exports is driven by seasonal demand shifts, with a 19% drop in February due to post-holiday inventory drawdowns followed by a 100% surge in March as industrial activity rebounded.

Q2. Who are the main partner countries in this Peru Petroleum oils Export 2025 Q1?

No specific partner countries were identified in the analysis, suggesting exports may be broadly distributed or data lacks geographic breakdown.

Q3. Why does the unit price differ across Peru Petroleum oils Export 2025 Q1?

Price differences stem from product refinement levels—bulk oils average $0.41–0.49/kg, while specialized refined products command $2.21–2.36/kg.

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

Exporters should prioritize high-value frequent buyers (83% of trade) while cultivating high-value infrequent buyers to mitigate overreliance risks.

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

Buyers face stable supply conditions but must anticipate price volatility tied to global oil markets and Peru’s bulk-vs-refined product mix.

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

Peru’s exports include both bulk commodities for industrial use and refined products likely destined for higher-end applications like specialized fuels or lubricants.

Detailed Monthly Report

Peru HS271019 Export Snapshot 2025 JAN

Peru HS271019 Export Snapshot 2025 FEB

Peru HS271019 Export Snapshot 2025 MAR