Argentina Buckwheat Export Market -- HS Code 110710 Trade Data & Price Trend (Jan 2025)

Argentina Buckwheat Export (HS 110710) Key Takeaways

Argentina's buckwheat exports under HS Code 110710 in January 2025 are dominated by unroasted malt, with 99% of trade volume concentrated in this bulk commodity grade. The market opened strong at $38.45 million, reflecting stable demand and efficient post-harvest logistics. Brazil accounts for 74% of exports, highlighting extreme geographic reliance on a single buyer. This high concentration, combined with uniform product quality, limits pricing power and underscores the need for operational efficiency. The analysis covers January 2025 and is based on processed Customs data from the yTrade database.

Argentina Buckwheat Export (HS 110710) Background

What is HS Code 110710?

HS Code 110710 covers buckwheat, millet, and canary seed, primarily used in food production, animal feed, and health-conscious consumer markets. These grains are valued for their nutritional benefits, including gluten-free properties, driving steady global demand. The category is particularly significant for agricultural economies like Argentina, where export-oriented production plays a key role.

Current Context and Strategic Position

While no specific trade policy updates have been announced, Argentina's buckwheat export sector remains sensitive to global commodity price trends and shifting dietary preferences. As a leading supplier, Argentina's strategic position in hs code 110710 trade data is reinforced by its competitive production costs and access to key import markets. Monitoring Argentina’s buckwheat export performance is critical, as fluctuations in demand or logistics disruptions could impact trade dynamics. Vigilance is advised to navigate potential market shifts in early 2025.

Argentina Buckwheat Export (HS 110710) Price Trend

Key Observations

Argentina's buckwheat exports in January 2025 opened the year with a strong performance, recording a total export value of 38.45 million USD at a unit price of $1.13 per kilogram. This initial activity sets a positive tone for the Argentina Buckwheat Export trend under hs code 110710.

Price and Volume Dynamics

The absence of major trade disruptions allowed the market to operate on fundamental drivers, such as steady global demand and potential currency stability influencing export competitiveness. The hs code 110710 value trend in January suggests a consistent flow, likely supported by post-harvest inventory releases typical for buckwheat, which is often harvested in the Southern Hemisphere's autumn. This alignment with seasonal supply cycles points to efficient logistics and balanced market conditions entering the new year.

Argentina Buckwheat Export (HS 110710) HS Code Breakdown

Product Specialization and Concentration

According to yTrade data, Argentina's export of HS Code 110710 in January 2025 is almost entirely concentrated in sub-code 11071010190 for "Malt; not roasted", which holds over 99% of the value and weight shares. The unit price for this dominant product is 1.13 USD per kilogram, showing a consistent market focus on this specific grade. A minor sub-code with a slightly lower price of 1.01 USD per kilogram exists but is negligible in volume.

Value-Chain Structure and Grade Analysis

HS Code 110710 trade data reveals that exports are composed of a single product category—malt not roasted—with no significant differentiation in value-add stages or quality grades. This uniform structure points to a bulk commodity trade, where products are fungible and likely tied to standard agricultural price benchmarks rather than brand or processing distinctions.

Strategic Implication and Pricing Power

For Argentina's HS Code 110710 export market, the high concentration and commodity nature mean limited pricing power for individual players. Strategic efforts should prioritize operational efficiency and scale to maintain competitiveness, as prices are influenced by global supply and demand dynamics rather than product differentiation.

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Argentina Buckwheat Export (HS 110710) Destination Countries

Geographic Concentration and Dominant Role

Argentina's Buckwheat export in January 2025 is heavily concentrated, with Brazil dominating as the top destination. Brazil accounts for 74.19% of the export value and 74.10% of the weight, indicating a strong bulk trade relationship. The value share slightly exceeds the weight share, suggesting that Brazil may import higher-grade or processed versions of Buckwheat, such as milled or packaged products, rather than raw grains. Frequency is lower at 30.06%, pointing to fewer but larger shipments, which is typical for commodity exports like grains under HS Code 110710.

Destination Countries Clusters and Underlying Causes

The export partners form two main clusters based on trade patterns. Brazil and Chile make up the Volume Cluster, with high weight and value shares (Chile at 14.19% weight and 14.50% value), indicating they serve as major consumption or processing hubs for bulk Buckwheat. Bolivia and Paraguay form a Transactional Cluster, with frequency shares disproportionately high (Bolivia at 23.70% frequency but only 6.05% value), suggesting frequent, smaller shipments likely for retail or cross-border trade in regions with tighter supply chains. Uruguay is a minor player with minimal shares, reflecting niche or incidental demand.

Forward Strategy and Supply Chain Implications

To optimize Argentina's Buckwheat export strategy, focus on maintaining and expanding bulk shipments to high-volume markets like Brazil and Chile, where economies of scale can reduce logistics costs. For transactional partners like Bolivia and Paraguay, streamline cross-border operations to support frequent, smaller orders, potentially enhancing value-added products to capture marginal premiums. With no specific trade news affecting January 2025, supply chain efforts should prioritize reliability and cost-efficiency for HS Code 110710 trade data.

Table: Argentina Buckwheat (HS 110710) Top Destination Countries (Source: yTrade)

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Action Plan for Buckwheat Market Operation and Expansion

• Prioritize bulk shipping routes to Brazil to capitalize on economies of scale, as the Argentina Buckwheat Export market's dominant volume share relies on cost-efficient logistics in the Buckwheat supply chain.
• Diversify buyer portfolios using hs code 110710 trade data to identify secondary markets like Chile, reducing over-reliance on a single destination and mitigating geopolitical or demand risks.
• Negotiate contracts tied to global grain price benchmarks to maintain competitiveness, since Argentina’s Buckwheat Export lacks product differentiation and pricing power.
• Streamline cross-border documentation and logistics for frequent, smaller shipments to Bolivia and Paraguay, enhancing service for transactional partners without sacrificing margin.
• Monitor hs code 110710 trade data for shifts in quality or processing demand, enabling proactive adjustments to product specs or supply routes to capture emerging premiums.

Take Action Now —— Explore Argentina Buckwheat Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Argentina Buckwheat Export 2025 January?

Argentina's buckwheat exports started strong in January 2025, with a total value of $38.45 million at $1.13/kg, driven by steady global demand and post-harvest inventory releases aligning with seasonal supply cycles.

Q2. Who are the main destination countries of Argentina Buckwheat (HS Code 110710) 2025 January?

Brazil dominates as the top destination (74.19% value share), followed by Chile (14.50% value), forming the bulk trade cluster, while Bolivia and Paraguay handle smaller, frequent shipments.

Q3. Why does the unit price differ across destination countries of Argentina Buckwheat Export?

The price difference stems from the near-total concentration in unroasted malt (HS 11071010190 at $1.13/kg), with minor variations likely tied to logistics or regional demand rather than product grades.

Q4. What should exporters in Argentina focus on in the current Buckwheat export market?

Exporters should prioritize bulk shipments to Brazil and Chile for economies of scale while streamlining cross-border operations for transactional markets like Bolivia and Paraguay.

Q5. What does this Argentina Buckwheat export pattern mean for buyers in partner countries?

Brazilian and Chilean buyers benefit from stable bulk supply, while Bolivian/Paraguayan buyers rely on frequent, smaller shipments, suggesting a need for efficient regional logistics.

Q6. How is Buckwheat typically used in this trade flow?

The data indicates buckwheat (HS 110710) is traded primarily as unroasted malt, a bulk commodity likely used in brewing or food processing industries.