2025 Uzbekistan Petroleum Oils (HS 2710) Export: Market Collapse

Key Takeaways

Petroleum Oils, classified under HS Code 2710, exhibited extreme volatility from January to November 2025.

• Market Pulse: Exports surged aggressively through mid-2025, peaking at $90.85 million in July, before collapsing to $12.45 million by November—a near-total reversal of gains.
• Structural Shift: Uzbekistan Petroleum Oils Export reliance on the Netherlands (41% of value) creates high concentration risk, while Afghanistan emerges as a secondary volume-driven market.
• Product Logic: HS Code 2710 trade data reveals a commodity-driven market, with 52% of value from non-light oils priced at $0.51/kg, emphasizing cost efficiency over premium differentiation.

This overview covers the period from January to November 2025 and is based on verified customs data from the yTrade database.

Uzbekistan Petroleum Oils (HS Code 2710) Key Metrics Trend

Market Trend Summary

The Uzbekistan Petroleum Oils Export trend from January to November 2025 shows extreme volatility, with exports surging aggressively through mid-year before collapsing in November. Total value climbed from $6.59 million in January to a peak of $90.85 million in July, while weight followed a similar trajectory, rising from 9.40 million kg to 164.79 million kg over the same period. Both metrics then dropped sharply in November, with value falling to $12.45 million and weight to 19.94 million kg—a near-total reversal of mid-year gains.

Drivers & Industry Context

The mid-year surge likely reflects accelerated shipments ahead of the EU’s January 2026 ban on CN code 2710 products derived from Russian crude, which includes potential re-exports via Uzbekistan [Trade Compliance Resource Hub]. The November collapse aligns with the depletion of pre-ban inventory and market adjustment to the new trade reality. Uzbekistan’s broader trade liberalization efforts (Trade.gov) did not prevent this volatility, underscoring how external policy shocks can dominate the hs code 2710 value trajectory.

Table: Uzbekistan Petroleum Oils Export Trend (Source: yTrade)

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Uzbekistan HS Code 2710 Export Breakdown

Market Composition & Top Categories

According to yTrade data, Uzbekistan's HS Code 2710 export market is dominated by non-light petroleum oils, specifically the sub-category with a 52% value share and 58% weight share, priced at $0.51 per kilogram. This category accounted for over half of total export value from January to November 2025. The remaining sub-codes consist of other non-light oils and a smaller portion of light oils, collectively making up the balance with lower individual contributions.

Value Chain & Strategic Insights

Unit prices for Uzbekistan HS Code 2710 exports range from $0.22 to $1.60 per kilogram, indicating a commodity-driven market where bulk, lower-value products prevail, but some specialized grades command premiums. This trade structure confirms a price-sensitive environment typical of raw petroleum oils, with minor value-add in higher-priced variants. For businesses, focusing on cost efficiency and volume is key, as the market lacks significant quality-based differentiation.

Table: Uzbekistan HS Code 2710) Export Breakdown Details (Source: yTrade)

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Uzbekistan Petroleum Oils Destination Countries

Geographic Concentration & Market Risk

The Netherlands is Uzbekistan's dominant Petroleum Oils export partner, capturing over 41% of total export value from early to mid-2025. This heavy reliance on a single market for Uzbekistan Petroleum Oils export destinations introduces significant concentration risk. Any economic or regulatory shift in Dutch demand would immediately impact export revenues.

Purchasing Behavior & Demand Segmentation

Uzbekistan’s trade partners for Petroleum Oils show classic commodity characteristics where weight share (47%) exceeds value share (41%). This value-volume gap indicates price-sensitive bulk buyers, likely for industrial processing rather than premium refined products. The market offers volume scale rather than margin potential, with Afghanistan emerging as a secondary volume-focused destination.

Table: Uzbekistan Petroleum Oils (HS Code 2710) Top Destination Countries (Source: yTrade)

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Uzbekistan Petroleum Oils Buyer Companies Analysis

Buyer Concentration & Market Structure

According to yTrade data, Uzbekistan Petroleum Oils buyers are heavily concentrated in high-value, high-frequency purchasers, who represent 80% of the export value. This dominance points to a market anchored by stable, contract-based supply chains, with key accounts like AIR ARABIA and LOT POLISH AIRLINES ensuring consistent demand from January to November 2025.

Purchasing Behavior & Sales Strategy

The HS Code 2710 buyer trends reveal a reliance on loyal, high-volume repeaters, urging a sales strategy centered on relationship management and contract retention for these core clients. Given the value concentration, sellers should also explore digital outreach to capture smaller, sporadic buyers, reducing dependency risks while expanding market reach.

Table: Uzbekistan Petroleum Oils (HS Code 2710) Top Buyers List (Source: yTrade)

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Action Plan for Petroleum Oils Market Operation and Expansion

• Diversify export markets: Reduce dependency on the Netherlands by targeting emerging buyers in Afghanistan and other regions to mitigate concentration risk.
• Lock in contracts with core clients: Secure long-term agreements with high-volume repeaters like AIR ARABIA and LOT POLISH AIRLINES to stabilize demand amid volatility.
• Optimize logistics costs: Focus on bulk shipping efficiencies for low-margin, high-volume non-light oils to maintain competitiveness.
• Monitor EU regulatory shifts: Track compliance with the 2026 ban on CN code 2710 products to anticipate demand disruptions and adjust inventory strategies.
• Explore digital outreach: Capture smaller, sporadic buyers through targeted digital campaigns to reduce reliance on a few key accounts.

Take Action Now —— Explore Uzbekistan Petroleum Oils HS Code 2710 Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Uzbekistan Petroleum Oils Export in 2025?

The mid-2025 surge was likely due to pre-shipments ahead of the EU’s 2026 ban on CN code 2710 products, while the November collapse reflects inventory depletion and market adjustment to the new trade reality.

Q2. Who are the main destination countries of Uzbekistan Petroleum Oils (HS Code 2710) in 2025?

The Netherlands dominates with 41% of export value, followed by Afghanistan as a secondary volume-focused destination.

Q3. Why does the unit price differ across destination countries of Uzbekistan Petroleum Oils Export in 2025?

Prices range from $0.22 to $1.60 per kilogram, reflecting a mix of bulk commodity-grade oils (lower-priced) and specialized variants (higher-priced).

Q4. What should exporters in Uzbekistan focus on in the current Petroleum Oils export market?

Prioritize contract retention with high-volume repeat buyers (80% of export value) while diversifying to smaller buyers to mitigate concentration risks.

Q5. What does this Uzbekistan Petroleum Oils export pattern mean for buyers in partner countries?

Buyers face a price-sensitive, bulk-driven market with stable supply from core contracts but must monitor regulatory risks tied to dominant destinations like the Netherlands.

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

The bulk-weight dominance suggests industrial processing applications rather than premium refined products.