Peru Refined Petroleum HS2710 Export Data 2025 July Overview

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

Peru's Refined Petroleum (HS Code 2710) exports in July 2025 reveal a premium-grade product strategy, with the United States dominating as a high-value market at 29.04% share and a unit price of 1.57 USD/kg. Bulk shipments to Asia and regional South American partners highlight diversified demand, while trade agreements stabilize supply chains. This analysis, based on cleanly processed Customs data from the yTrade database, confirms Peru's strategic focus on premium exports and regional growth for July 2025.

Peru Refined Petroleum (HS 2710) 2025 July Export Background

Peru's Refined Petroleum exports under HS Code 2710—covering petroleum oils and oils from bituminous minerals (other than crude)—fuel industries like transportation and manufacturing, with stable global demand. Recent trade agreements and infrastructure investments have boosted Peru's competitiveness, as seen in its $2.06B refined petroleum exports in 2023, primarily to the U.S., Panama, and Brazil [OEC]. The July 2025 HS Code updates and US-Peru FTA benefits further streamline opportunities for this key export sector.

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

Key Observations

In July 2025, Peru's exports of refined petroleum under HS Code 2710 surged with a unit price rebound to $0.72/kg, marking a 22% increase from June's low of $0.59/kg, while export value rose 31% to $411.86 million despite a modest volume gain.

Price and Volume Dynamics

The July recovery follows a volatile first half, with unit prices fluctuating between $0.59 and $0.73/kg amid steady volume levels around 500-600 million kg monthly. This pattern aligns with typical refined petroleum cycles, where price sensitivity to global crude oil swings often overshadows seasonal demand shifts; Peru's winter months may see slight heating demand boosts, but the core driver remains linked to international market pricing rather than domestic seasonality. The Q2 dip and Q3 rebound suggest inventory adjustments or short-term supply disruptions, common in this industry.

External Context and Outlook

Peru's export competitiveness is bolstered by trade agreements and infrastructure investments [Import Globals], facilitating stable outflow channels despite price volatility. The 2025 HS code updates [FreightAmigo] likely streamlined classifications, supporting the sustained volume. With refined petroleum being a key export—worth $2.06 billion in 2023 [OEC World]—outlook remains positive, though tied to global oil price trends and regional demand from key partners like the U.S. and Brazil.

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

Product Specialization and Concentration

In July 2025, Peru's Refined Petroleum HS Code 2710 exports were heavily concentrated, with the sub-code for non-light oils and preparations (2710191510) dominating, holding nearly 39% of the weight and 50% of the value at a unit price of 0.92 USD per kilogram. This points to a focus on bulk, lower-value petroleum products. Extreme price anomalies were noted in minor sub-codes like the one with a unit price of 6.42 USD per kilogram but insignificant volume, which are set aside from the main analysis.

Value-Chain Structure and Grade Analysis

The other sub-codes fall into two groups: bulk refined oils with unit prices between 0.50 and 0.92 USD per kilogram, covering both light and non-light types, and specialized preparations with unit prices from 2.12 to 4.16 USD per kilogram for higher-grade uses. This setup indicates a market based on fungible bulk commodities, often tied to global oil prices, alongside some differentiated products for niche applications.

Strategic Implication and Pricing Power

Market players face limited pricing power due to the bulk nature of most exports, with costs likely driven by international oil trends. However, the higher-value segments offer chances for premium product development. According to [OEC World], Peru is a significant exporter of refined petroleum, with key markets in the United States, Panama, and Brazil, suggesting a strategic emphasis on these areas for growth.

Check Detailed HS 2710 Breakdown

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

Geographic Concentration and Dominant Role

Peru's Refined Petroleum HS Code 2710 exports in July 2025 show strong concentration, with the United States as the dominant partner by value at 29.04% of total exports. The United States has a value ratio of 29.04% but a weight ratio of only 13.27%, indicating a high unit price of about 1.57 USD/kg. This points to exports of premium-grade refined products to this market.

Partner Countries Clusters and Underlying Causes

Export partners form three clusters: first, high-value destinations like the United States with premium products; second, high-volume markets such as Japan and China, with lower unit prices near 0.58 USD/kg for bulk industrial use; and third, regional South American countries including Chile, Bolivia, and Brazil, with varied unit prices likely due to trade agreements and close proximity.

Forward Strategy and Supply Chain Implications

For strategy, Peru should keep focusing on the United States for high-value exports and grow bulk shipments to Asia. Regional trade agreements, as noted by Import Globals, help exports to neighbors, offering stable supply chain options. [Import Globals] Historical data from the Observatory of Economic Complexity supports the United States as a key market. [Observatory of Economic Complexity]

Get Complete Partner Countries Profile

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

Buyer Market Concentration and Dominance

For Peru Refined Petroleum Export in July 2025 under HS Code 2710, the buyer market is split into four segments, with one group clearly dominant. Buyers who make large, frequent purchases account for 99.77% of the export value, showing extreme concentration. The market overall has high median transaction value and regularity, driven by this dominant segment's nearly all trade activity.

Strategic Buyer Clusters and Trade Role

The other buyer groups play minor roles. Buyers with large but infrequent purchases likely represent one-off deals or strategic stockpiling. Those with small but regular purchases may be local distributors or small-scale users. Buyers with small and irregular purchases could be for testing or niche applications, but their impact is minimal in this commodity trade.

Sales Strategy and Vulnerability

Exporters in Peru should focus on securing long-term contracts with the dominant buyers to maintain stability. The high reliance on few buyers poses a risk if demand shifts, but trade agreements and infrastructure improvements support export growth [Import Globals]. Sales should prioritize bulk transactions and relationship management, with limited need for diversifying into smaller segments due to their low contribution.

Check Full Refined Petroleum Buyer lists

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

Strategic Supply Chain Overview

Peru Refined Petroleum Export 2025 July under HS Code 2710 operates as a commodity market. Price is driven by global oil index fluctuations and product grade differentiation. Bulk exports face low pricing power due to international oil trends. High-value segments offer premium opportunities based on quality. Supply chain implications focus on supply security. High buyer and geographic concentration creates vulnerability. Peru acts as a processing hub, requiring stable logistics and risk management.

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

• Use buyer frequency data to secure long-term contracts with dominant high-volume buyers. This ensures demand stability and reduces market risk.
• Analyze geographic unit price data to target high-value markets like the United States for premium products. This maximizes revenue from differentiated exports.
• Monitor global oil price trends and adjust export pricing in real-time. This aligns with commodity cycles to maintain competitiveness.
• Diversify into minor buyer segments cautiously using trade data for niche applications. This explores growth without significant investment.
• Leverage trade agreement insights to optimize supply chains to regional partners. This enhances security and reduces transportation costs.

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 July?

The July 2025 rebound saw a 22% unit price increase to $0.72/kg, driven by global oil price trends and inventory adjustments, with export value rising 31% despite modest volume growth.

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

The United States dominated with 29.04% of export value, followed by high-volume markets like Japan and China, and regional partners such as Chile, Bolivia, and Brazil.

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

Price gaps reflect product specialization: bulk refined oils (0.50–0.92 USD/kg) go to Asia, while premium-grade products (up to 1.57 USD/kg) target the U.S.

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

Exporters should prioritize long-term contracts with dominant bulk buyers (99.77% of trade) and expand high-value shipments to the U.S. to mitigate reliance on volatile bulk markets.

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

U.S. buyers access premium products, while Asian and regional buyers benefit from stable bulk supply, though all face price volatility tied to global oil trends.

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

Bulk exports fuel industrial and energy needs, while specialized preparations serve niche applications like high-grade lubricants or chemicals.