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2025 Uzbekistan Petroleum Oils (HS 2710) Import: Market Volatility

Uzbekistan's Petroleum Oils import (HS code 2710) saw sharp swings in trade volumes and prices in 2025. Track insights on yTrade for detailed market analysis.

Key Takeaways

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

  • Market Pulse: Trade volumes swung sharply, with monthly weights ranging from 135 million kg to 429 million kg, while unit prices fluctuated between $0.67/kg and $1.07/kg. April saw a 65% surge in imports, followed by a 56% collapse over the next two months.
  • Structural Shift: Uzbekistan Petroleum Oils Import sources are moderately concentrated, with South Korea, Turkey, and China collectively accounting for 45% of value. The supply chain splits between high-value refined products (South Korea, Turkey) and bulk crude (Russia, Kyrgyzstan).
  • Product Logic: HS Code 2710 trade data confirms a price-sensitive bulk commodity market, dominated by non-light oils (48% of import value). Unit prices range from $0.39 to $4.41/kg, with cheaper categories driving high-volume shipments.

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 Import trend from January to November 2025 showed high volatility without a clear directional bias. Trade volumes swung sharply, with monthly weights ranging from 135 million kg to 429 million kg, while unit prices fluctuated between $0.67/kg and $1.07/kg. The most extreme movement occurred in April, when import weight surged 65% month-over-month to 429 million kg, only to collapse by 56% over the subsequent two months.

Drivers & Industry Context

This volatility aligns with market repositioning ahead of the EU's prohibition on CN code 2710 products derived from Russian-origin crude, effective January 2026 [Trade Compliance Resource Hub]. Traders likely adjusted sourcing patterns and inventory strategies throughout 2025, creating supply dislocations that explain the erratic volume and price movements. The value derived from HS Code 2710 imports consequently mirrored this instability, peaking at $289 million in April before trending downward to $119 million by November as markets digested these structural shifts.

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

DateValueWeightUnit PriceValue MoMWeight MoMUnit Price MoM
2025-01-01191.83M USD248.61M kg$0.77/kgN/AN/AN/A
2025-02-01182.33M USD221.47M kg$0.82/kg-4.95%-10.92%+6.70%
2025-03-01198.44M USD259.87M kg$0.76/kg+8.83%+17.34%-7.25%
2025-04-01289.46M USD428.86M kg$0.67/kg+45.87%+65.03%-11.61%
2025-05-01146.88M USD189.68M kg$0.77/kg-49.26%-55.77%+14.72%
2025-06-01134.50M USD177.70M kg$0.76/kg-8.43%-6.31%-2.26%
2025-07-01201.36M USD203.62M kg$0.99/kg+49.71%+14.58%+30.66%
2025-08-01161.06M USD199.27M kg$0.81/kg-20.02%-2.13%-18.27%
2025-09-01181.50M USD168.95M kg$1.07/kg+12.69%-15.21%+32.91%
2025-10-01141.81M USD169.63M kg$0.84/kg-21.87%+0.40%-22.18%
2025-11-01119.00M USD135.11M kg$0.88/kg-16.09%-20.35%+5.36%

Get Uzbekistan Petroleum Oils Data Latest Updates

Uzbekistan HS Code 2710 Import Breakdown

Market Composition & Top Categories

According to yTrade data, Uzbekistan's HS Code 2710 import market for petroleum oils is dominated by non-light oils and preparations, with the top sub-category (2710192100) accounting for nearly 18% of the total import value. The next three largest sub-codes are also non-light oils, collectively representing another 30% of the value. The remaining imports consist of a mix of light oils and a few specialized non-light oil preparations, rounding out the import profile for this period.

Value Chain & Strategic Insights

The unit prices for these petroleum oil imports show a clear commodity structure, ranging from $0.39 to $4.41 per kilogram. This wide but generally low price band, combined with the high volume and frequency of shipments for the cheaper categories, confirms this is a price-sensitive bulk commodity market. The trade structure for Uzbekistan HS Code 2710 breakdown is therefore driven by cost and volume efficiency, not product specialization or premium quality tiers.

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

HS CodeProduct DescriptionValueFrequencyQuantityWeight
271019****Petroleum oils and oils from bituminous minerals, not containing biodiesel, not crude, not waste oils; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; not light oils and preparations345.29M1.51K350.89M350.89M
271012****Petroleum oils and oils from bituminous minerals, not containing biodiesel, not crude, not waste oils; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; light oils and preparations327.81M3.23K817.11K427.54M
271019****Petroleum oils and oils from bituminous minerals, not containing biodiesel, not crude, not waste oils; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; not light oils and preparations253.03M603.00326.40M326.40M
2710******************************************

Check Detailed HS Code 2710 Breakdown

Uzbekistan Petroleum Oils Origin Countries

Supplier Concentration & Dependency

Throughout 2025, Uzbekistan's Petroleum Oils imports are led by South Korea, Turkey, and China, which hold value shares of 16.83%, 15.41%, and 12.48% respectively. No supplier exceeds a 50% monopoly, but the top three account for nearly 45% of import value, indicating moderate concentration in Uzbekistan Petroleum Oils import sources. This spread reduces dependency risks while maintaining competitive pressure.

Procurement Strategy & Supply Chain Logic

Uzbekistan's imports reveal a split strategy: South Korea and Turkey supply higher-value refined products, as their value ratios surpass weight ratios, while Russia and Kyrgyzstan provide bulk crude with lower unit costs. Frequency ratios often exceed weight ratios, suggesting frequent shipments for inventory management. The supply chain prioritizes cost efficiency for raw materials but incorporates technical performance for refined goods from major suppliers of Petroleum Oils.

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

CountryValueQuantityFrequencyWeight
SOUTH KOREA42.44M13.97M1.72K13.97M
TURKEY38.86M9.63M2.12K9.63M
CHINA MAINLAND31.47M11.10M2.87K11.10M
RUSSIA27.91M22.66M2.83K25.79M
UNITED ARAB EMIRATES19.07M5.39M1.57K5.39M
KAZAKHSTAN************************

Get Uzbekistan Petroleum Oils (HS Code 2710) Complete Origin Countries Profile

Uzbekistan Petroleum Oils Supplier Companies Analysis

Supplier Concentration & Market Structure

According to yTrade data, Uzbekistan's import sources for Petroleum Oils are dominated by a core group of key suppliers, who account for 75.55% of total import value and 69.19% of shipment frequency. This structure points to a highly integrated supply chain reliant on stable Tier-1 manufacturers, with two partners alone handling over 1.2 billion in value through consistent, high-volume deliveries.

Sourcing Reliability & Risk Profile

The sourcing pattern reflects a Just-in-Time inventory model, demanding high logistics reliability from these core partners. However, this stability faces a direct threat from [new EU sanctions] prohibiting HS code 2710 imports from January 2026, which could disrupt established routes and squeeze availability even before the policy takes effect.

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

Supplier CompanyValueQuantityFrequencyWeight
ПАО ОРСКНЕФТЕОРГСИНТЕЗ374.21M418.20M1.04K474.71M
АО РН-ТРАНС180.68M243.27M151.00244.66M
ООО ТАТНЕФТЬ-ТРАНС131.87M131.35M537.00135.16M
АО РН-ТРАНС - ДОЧ.ОБЩЕСТВО С************************

Check Full Uzbekistan Petroleum Oils Suppliers list

Action Plan for Petroleum Oils Market Operation and Expansion

  • Diversify suppliers: Mitigate reliance on the top three suppliers (South Korea, Turkey, China) by exploring alternative markets like Kazakhstan or India to reduce concentration risk.
  • Lock in contracts now: Secure fixed-price agreements before EU sanctions on Russian-linked 2710 products take effect in January 2026, avoiding potential supply squeezes.
  • Optimize logistics: Focus on cost reduction for bulk crude shipments (e.g., negotiate freight rates, consolidate loads) to offset thin margins in low-value categories.
  • Monitor spot prices: Capitalize on price volatility by maintaining flexible inventory buffers and opportunistic spot purchases during downturns.
  • Audit compliance: Verify all 2710 shipments for Russian-origin crude traces to preempt EU sanctions disruption, even for non-EU routes.

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

Frequently Asked Questions

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

The volatility in Uzbekistan's petroleum oils imports stems from market repositioning ahead of the EU's 2026 ban on HS Code 2710 products, causing erratic volume swings (65% surges followed by 56% drops) and price fluctuations ($0.67–$1.07/kg).

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

South Korea (16.83%), Turkey (15.41%), and China (12.48%) dominate Uzbekistan's imports, collectively supplying nearly 45% of the total value.

Q3. Why does the unit price differ across origin countries of Uzbekistan Petroleum Oils Import?

Price differences reflect product specialization: South Korea and Turkey supply higher-value refined oils, while Russia and Kyrgyzstan provide bulk crude at lower unit costs ($0.39–$4.41/kg range).

Q4. What should importers in Uzbekistan focus on when buying Petroleum Oils?

Importers must secure reliable Tier-1 suppliers (75.55% of value) amid EU sanctions disruption and balance cost-efficient bulk crude with technically refined oils from key partners.

Q5. What does this Uzbekistan Petroleum Oils import pattern mean for overseas suppliers?

Suppliers face demand for high logistics reliability due to Uzbekistan's Just-in-Time model, with opportunities in refined products (South Korea/Turkey) and bulk crude (Russia/Kyrgyzstan).

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

Uzbekistan imports primarily non-light oils (48% of value) for bulk commodity applications, prioritizing cost and volume efficiency over premium grades.

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