Peru Refined Petroleum HS2710 Export Data 2025 August Overview

Peru Refined Petroleum (HS 2710) 2025 August Export: Key Takeaways

Peru’s Refined Petroleum (HS Code 2710) Export in August 2025 shows Japan as the dominant buyer, capturing 30.29% of export value, signaling high geographic concentration. The trade reflects bulk, lower-unit-price dynamics, typical for refined petroleum, with Asia as the key regional hub. Buyer risk remains elevated due to reliance on a single high-volume market, while stable demand in moderate markets like the U.S. offers growth potential. This analysis, covering August 2025, is based on cleanly processed Customs data from the yTrade database.

Peru Refined Petroleum (HS 2710) 2025 August Export Background

Peru's Refined Petroleum exports under HS Code 2710—covering petroleum oils from bituminous minerals (other than crude)—fuel industries like transportation and manufacturing, maintaining steady global demand. With Peru exporting $2.06B in refined petroleum in 2023 [OEC], recent trade agreements and infrastructure upgrades have boosted competitiveness, as noted in Peru's 2025 export economy overview [Import Globals]. This positions Peru as a key supplier for August 2025, especially to markets like the U.S. and Brazil.

Peru Refined Petroleum (HS 2710) 2025 August Export: Trend Summary

Key Observations

Peru's Refined Petroleum HS Code 2710 Export in August 2025 achieved a volume of 666.74 million units, marking a significant 16.5% increase from July, though the unit price dipped to 0.67 USD/kg.

Price and Volume Dynamics

Month-over-month, the volume surge to 666.74 million units in August from 572.34 million in July reflects typical refinery output cycles, where increased production often leads to price softening due to supply pressures. The unit price drop from 0.72 to 0.67 USD/kg aligns with this pattern, as higher export volumes can dilute per-unit costs. Value still rose to $448.61 million, indicating robust demand, possibly driven by seasonal stock builds ahead of peak consumption periods.

External Context and Outlook

This performance is bolstered by Peru's strengthened export infrastructure and trade agreements, which have enhanced competitiveness as highlighted by Import Globals. With refined petroleum exports totaling $2.06 billion in 2023 (OEC), the current momentum suggests sustained growth, supported by global oil market trends and local policy efficiencies that facilitate smoother trade flows under HS Code 2710.

Peru Refined Petroleum (HS 2710) 2025 August Export: HS Code Breakdown

Product Specialization and Concentration

In August 2025, Peru's Refined Petroleum exports under HS Code 2710 were heavily concentrated in sub-code 2710191510, described as petroleum oils not light oils, which accounted for 42 percent of the export value. This sub-code had a unit price of 1.00 USD per kilogram, higher than many others, indicating a focus on higher-grade products. Extreme price anomalies were present in sub-codes like 2710193800 and 2710193600, with unit prices reaching 2.00 to 2.38 USD per kilogram but very low volumes, and these are isolated from the main analysis due to their niche nature.

Value-Chain Structure and Grade Analysis

The remaining non-anomalous sub-codes can be grouped into two main categories based on quality grade: light petroleum oils (e.g., 2710121900 with a unit price of 0.58 USD per kilogram) and heavy petroleum oils (e.g., 2710192290 at 0.40 USD per kilogram). The structure shows bulk shipments with unit prices varying by grade, confirming that Peru's Refined Petroleum trade under HS Code 2710 is primarily a fungible bulk commodity, where prices are likely tied to global oil indices rather than brand differentiation.

Strategic Implication and Pricing Power

For market players, the bulk commodity nature implies limited pricing power, with competitiveness dependent on cost efficiency and grade-specific demand shifts. [OEC World] notes Peru's significant refined petroleum exports, suggesting sustained opportunities in 2025. Strategic focus should be on optimizing production for high-value grades and monitoring international price trends to capitalize on Peru Refined Petroleum HS Code 2710 Export 2025 August dynamics.

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Peru Refined Petroleum (HS 2710) 2025 August Export: Market Concentration

Geographic Concentration and Dominant Role

In August 2025, Peru's Refined Petroleum HS Code 2710 Export is heavily concentrated, with Japan dominating as the top partner, accounting for 30.29% of export value and 34.61% of weight. The slightly lower value ratio compared to weight ratio (30.29 vs. 34.61) indicates a bulk, lower-unit-price commodity trade, typical for refined petroleum, suggesting Japan imports large volumes at competitive rates.

Partner Countries Clusters and Underlying Causes

The export partners form three clear clusters: high-volume Asian markets like Japan and Singapore, which serve as key hubs for regional distribution; frequent but moderate buyers in the Americas, such as the United States, Ecuador, and Chile, driven by proximity and existing trade routes; and infrequent but large shipments to island territories like the Virgin Islands, likely for transshipment or niche storage needs, reflecting the commodity's flow through global supply chains.

Forward Strategy and Supply Chain Implications

For market players, this geographic spread calls for focusing on stable supply to high-volume partners like Japan while exploring growth in moderate markets such as the United States and Brazil, where trade agreements may support expansion [Import Globals]. Ensuring efficient logistics and competitive pricing will be crucial for maintaining Peru's position in the refined petroleum export market.

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Peru Refined Petroleum (HS 2710) 2025 August Export: Buyer Cluster

Buyer Market Concentration and Dominance

In the Peru Refined Petroleum Export for August 2025 under HS Code 2710, the buyer market shows extreme concentration across four segments of buyers. The market is overwhelmingly dominated by buyers with high transaction value and high purchase frequency, representing 99.95% of the total export value. This segment handles 98.85% of all transactions, with a median transaction size reflecting large, consistent volumes typical of commodity trade. The analysis period is August 2025.

Strategic Buyer Clusters and Trade Role

The other buyer segments play minor roles. Buyers with high value but low frequency are absent, indicating no significant one-off large purchases. Buyers with low value but high frequency account for a small share, likely representing smaller, regular distributors or end-users making frequent but low-volume buys. Buyers with low value and low frequency contribute modestly, possibly involving infrequent, small-scale spot purchases or niche market players.

Sales Strategy and Vulnerability

For Peruvian exporters, the strategic focus must remain on maintaining relationships with the dominant high-value, high-frequency buyers, such as refineries, to secure stable revenue. The high dependency on this segment poses a risk if buyer demand shifts, but opportunities exist to cultivate the smaller segments for diversification. The sales model is likely built on long-term contracts, supported by Peru's strong export performance in refined petroleum, as noted in [The Observatory of Economic Complexity] which reported significant exports in recent years (The Observatory of Economic Complexity).

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Peru Refined Petroleum (HS 2710) 2025 August Export: Action Plan for Refined Petroleum Market Expansion

Strategic Supply Chain Overview

Peru Refined Petroleum Export 2025 August under HS Code 2710 operates as a bulk commodity market. Price is driven by product grade and global oil indices, not branding. High-grade oils command premium prices, like the 1.00 USD/kg for non-light oils. Supply chain implications focus on secure, high-volume logistics to dominant Asian hubs like Japan. Peru acts as a processing hub, dependent on stable buyer relationships and cost-efficient shipping.

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

• Monitor real-time global oil index trends to adjust export pricing swiftly, ensuring competitiveness in bulk commodity trade under HS Code 2710.
• Analyze buyer purchase frequency data to forecast demand cycles and optimize inventory levels, reducing storage costs and stockouts.
• Target growth in moderate-volume markets like the United States using trade agreement insights, diversifying away from over-reliance on top partners.
• Track sub-code level export volumes to prioritize production of high-value grades, maximizing revenue per shipment for Peru Refined Petroleum Export 2025 August.
• Use geographic shipment data to streamline logistics routes to key hubs like Japan, cutting transit times and securing supply chain reliability.

Take Action Now —— Explore Peru Refined Petroleum Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Peru Refined Petroleum Export 2025 August?

The volume surged 16.5% to 666.74 million units in August 2025, but unit prices dropped to 0.67 USD/kg due to increased supply outpacing demand, typical of refinery output cycles.

Q2. Who are the main partner countries in this Peru Refined Petroleum Export 2025 August?

Japan dominates with 30.29% of export value, followed by Singapore and the United States, forming key clusters for bulk commodity trade.

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

Prices vary by product grade, with light petroleum oils (e.g., 2710121900 at 0.58 USD/kg) commanding higher rates than heavy grades (e.g., 2710192290 at 0.40 USD/kg).

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

Exporters must prioritize high-value, high-frequency buyers (99.95% of trade) while exploring moderate markets like the U.S. to mitigate dependency risks.

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

Buyers in Japan and other high-volume markets benefit from stable bulk supply, while niche players face limited opportunities due to extreme buyer concentration.

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

The exports are fungible bulk commodities, primarily for regional distribution or industrial use, with prices tied to global oil indices.