Peru Silver Products HS7106 Export Data 2025 June Overview

Peru Silver Products (HS 7106) 2025 June Export: Key Takeaways

Peru's Silver Products (HS Code 7106) exports in June 2025 reveal a high-value market dominated by Switzerland, which accounts for 60.12% of export value, signaling demand for premium-grade silver. The remaining buyers, including Brazil, the U.S., and India, form distinct clusters with varying purity and industrial use cases. This analysis, covering June 2025, is based on cleanly processed Customs data from the yTrade database.

Peru Silver Products (HS 7106) 2025 June Export Background

Peru Silver Products under HS Code 7106—covering unwrought, semi-manufactured, or powdered silver—are vital for electronics, jewelry, and industrial applications due to silver’s conductivity and durability. With no new policy changes as of June 2025, Peru continues exporting under the US-Peru Trade Promotion Agreement, which benefits qualifying goods [FreightAmigo]. As the world’s 23rd-largest silver exporter, Peru’s $251M in 2023 shipments highlights its key role in global supply chains [OEC]. Stable demand and trade agreements position Peru as a reliable source for HS Code 7106 exports in 2025.

Peru Silver Products (HS 7106) 2025 June Export: Trend Summary

Key Observations

June 2025 delivered a standout performance for Peru Silver Products HS Code 7106 Export, with unit price surging to 1422.27 USD/kg—a 29.5% month-over-month increase from May—while volume jumped 69.7% to 60.79K kg, propelling export value to 86.46M USD.

Price and Volume Dynamics

The sharp MoM rise in June contrasts with the first five months of 2025, where unit prices hovered between 1073.90 and 1327.63 USD/kg amid moderate volatility. This spike aligns with silver's inherent market behavior, where price surges often stem from industrial demand cycles or investment flows rather than seasonal patterns. The volume leap suggests a supply-side response, possibly from mining output adjustments, common in precious metals when global prices incentivize higher exports.

External Context and Outlook

No recent policy shifts affect these trends [FreightAmigo], with the US-Peru Trade Promotion Agreement upholding stable access (HTS). Peru's role as a key silver exporter—$251M in 2023 (OEC)—supports resilience. Outlook hinges on global economic conditions, but current frameworks favor continued strength for Peru Silver Products HS Code 7106 Export through 2025.

Peru Silver Products (HS 7106) 2025 June Export: HS Code Breakdown

Product Specialization and Concentration

In June 2025, the export of Peru Silver Products under HS Code 7106 is dominated by sub-code 7106912000 for unwrought silver, which accounts for the majority of value and volume. This sub-code has a unit price of 1743.61 USD per kilogram, which is much higher than the other sub-code, indicating a focus on a higher-value or purer form of silver. The analysis for this period shows no extreme price anomalies to isolate.

Value-Chain Structure and Grade Analysis

The other sub-code, 7106911000, also for unwrought silver, has a lower unit price of 1085.49 USD per kilogram, suggesting it represents a standard or lower-grade variant. This two-tier structure points to trade in differentiated commodities, where price is influenced by quality grades rather than being purely fungible and index-linked. Both sub-codes are in the raw material stage, with no semi-manufactured or powdered forms present in the top exports.

Strategic Implication and Pricing Power

Peru's export strength in silver, with significant volumes as noted by OEC World [OEC World], provides pricing power for higher-grade products. Suppliers should prioritize quality control and market segmentation to leverage this advantage. The US-Peru Trade Promotion Agreement (USITC) may support export flows, but direct benefits depend on meeting origin rules.

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Peru Silver Products (HS 7106) 2025 June Export: Market Concentration

Geographic Concentration and Dominant Role

In June 2025, Peru's Silver Products exports under HS Code 7106 show strong concentration, with Switzerland as the dominant partner, accounting for 60.12% of export value and 47.75% of weight. The higher value ratio compared to weight ratio suggests Switzerland imports premium-grade silver, likely refined or high-purity forms, indicating a focus on quality over bulk for this commodity.

Partner Countries Clusters and Underlying Causes

The export partners form three clusters: first, Switzerland stands alone with high-value imports for likely investment or luxury markets. Second, Brazil, the United States, and Canada form a mid-tier group with balanced value and weight ratios, possibly sourcing silver for industrial or manufacturing uses. Third, India, UAE, Argentina, Colombia, and Chile have low ratios, indicating lower-purity silver or re-export activities, common in commodity trade hubs.

Forward Strategy and Supply Chain Implications

For market players, Peru's silver exports highlight opportunities to target high-value markets like Switzerland with premium products, while mid-tier clusters offer stable industrial demand. Leveraging trade agreements like the US-Peru Trade Promotion Agreement [FreightAmigo] can reduce tariffs for US-bound exports, strengthening supply chains for Peru Silver Products HS Code 7106 Export in 2025 June.

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Peru Silver Products (HS 7106) 2025 June Export: Buyer Cluster

Buyer Market Concentration and Dominance

In June 2025, the Peru Silver Products Export under HS Code 7106 shows a highly concentrated buyer market. The four segments of buyers are dominated by one group: high-value, high-frequency buyers account for 68.61% of the total export value. This cluster, with companies like SOUTHERN PERU COPPER CORPORATION, drives most sales, indicating that a small number of regular, large buyers control the market. The median market is characterized by high value transactions with moderate frequency, underscoring the reliance on key players.

Strategic Buyer Clusters and Trade Role

The other buyer clusters play distinct roles. High-value, low-frequency buyers, such as COMPANIA MINERA ARES S.A.C, contribute 28.76% of value but make infrequent purchases, representing large, occasional buyers like major mining firms. Low-value, high-frequency buyers form the majority by count (67.86% frequency) but only 1.12% value, consisting of many small, frequent buyers like processors or traders. Low-value, low-frequency buyers are minor, sporadic participants with minimal impact.

Sales Strategy and Vulnerability

For Peruvian exporters, the strategy should focus on nurturing relationships with dominant high-value buyers to secure steady revenue. The risk lies in over-dependence on a few clients, which could disrupt trade if demand shifts. Opportunities include diversifying into smaller buyer segments or leveraging trade agreements like the US-Peru FTA, which supports silver exports [FreightAmigo]. Sales models should prioritize bulk deals with key partners while exploring incremental gains from frequent small buyers.

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Peru Silver Products (HS 7106) 2025 June Export: Action Plan for Silver Products Market Expansion

Strategic Supply Chain Overview

The Peru Silver Products Export 2025 June under HS Code 7106 is driven by two key price factors: product quality grade and concentrated buyer demand. Higher purity silver (e.g., sub-code 7106912000) commands a premium price, while standard grades trade lower. Geopolitically, trade agreements like the US-Peru FTA support stable flows but do not override commodity index volatility. Supply chain implications center on Peru’s role as a raw material supplier: security of supply to major partners (e.g., Switzerland for premium, USA for industrial) is critical, but over-reliance on few buyers creates vulnerability to demand shifts.

Action Plan: Data-Driven Steps for Silver Products Market Execution

• Segment export offers by purity grade using HS sub-code data to target high-value markets like Switzerland and maximize unit revenue.
• Monitor order frequency of top buyers like SOUTHERN PERU COPPER CORPORATION to anticipate bulk demand cycles and optimize production scheduling.
• Diversify client base by targeting low-frequency, high-value buyers in trade agreement countries to reduce dependency on dominant partners and stabilize revenue.
• Analyze shipping weight-value ratios by destination to identify opportunities for premium product promotion in markets with higher value per kilogram.
• Leverage FTA provisions for US and Canadian exports to reduce tariffs and strengthen competitive positioning for industrial-grade silver sales.

Forward Outlook

Success in the Peru Silver Products Export 2025 June for HS Code 7106 hinges on granular trade intelligence. Traditional market analysis misses profit-critical insights from sub-component detail and individual buyer behavior. Prioritizing data-driven buyer segmentation and grade-based pricing will secure premium margins and supply chain resilience.

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Frequently Asked Questions

Q1. What is driving the recent changes in Peru Silver Products Export 2025 June?

The June 2025 surge is driven by a 29.5% month-over-month price spike to 1422.27 USD/kg and a 69.7% volume jump, likely due to industrial demand cycles or mining output adjustments.

Q2. Who are the main partner countries in this Peru Silver Products Export 2025 June?

Switzerland dominates with 60.12% of export value, followed by Brazil, the US, and Canada as mid-tier partners with balanced demand.

Q3. Why does the unit price differ across Peru Silver Products Export 2025 June partner countries?

Price differences stem from product grades: unwrought silver under sub-code 7106912000 (1743.61 USD/kg) is premium, while 7106911000 (1085.49 USD/kg) is standard-grade.

Q4. What should exporters in Peru focus on in the current Silver Products export market?

Exporters should prioritize high-value buyers like SOUTHERN PERU COPPER CORPORATION (68.61% of value) and target premium markets (e.g., Switzerland) while diversifying to mitigate over-reliance.

Q5. What does this Peru Silver Products export pattern mean for buyers in partner countries?

Swiss buyers secure high-purity silver for investment/luxury markets, while mid-tier partners (US, Brazil) benefit from stable industrial-grade supply. Smaller buyers face limited bargaining power.

Q6. How is Silver Products typically used in this trade flow?

Exports are primarily raw, unwrought silver (HS 7106), indicating use in refining, industrial applications, or investment-grade bullion.