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

Argentina Buckwheat Export (HS 110710) Key Takeaways

Argentina's buckwheat export under HS Code 110710 is highly specialized, with non-roasted malt dominating 99% of shipments at premium prices, signaling a focus on high-grade processed goods. June 2025 saw a sharp rebound to $42.46M after May's policy-driven slump, reflecting volatile but recovering demand. Brazil absorbs 67.6% of exports as the dominant high-value hub, while smaller markets like Venezuela and Chile take bulk shipments. This analysis covers June 2025 and is based on cleanly 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 and gluten-free properties, driving steady global demand. Argentina’s production of these crops positions it as a key supplier in regional and international markets.

Current Context and Strategic Position

Argentina recently eliminated export taxes on industrial products, including those under HS Code 110710, to boost competitiveness [Aduana News]. This policy shift enhances Argentina’s buckwheat export potential, particularly to high-value hubs like Brazil. With hs code 110710 trade data reflecting strong regional demand, Argentina’s strategic role as a supplier is underscored. Market participants should monitor pricing and trade flows closely to capitalize on emerging opportunities.

Argentina Buckwheat Export (HS 110710) Price Trend

Key Observations

Argentina's buckwheat export trend under HS code 110710 reached 42.46 million USD in June 2025, signaling a robust recovery after a sharp decline in May. This performance underscores the market's responsiveness to recent policy shifts, with the monthly value nearly returning to April levels.

Price and Volume Dynamics

The hs code 110710 value trend demonstrated strong sequential momentum early in the year, climbing from 38.45 million USD in January to a peak of 61.53 million in March, before easing to 45.29 million in April. The subsequent plunge to 13.33 million in May and swift rebound in June align closely with the elimination of withholdings for industrial products effective May 8, 2025, as reported by [Aduana News], which likely triggered temporary export disruptions before incentivizing a rapid volume recovery. This policy-driven volatility reflects typical adjustment patterns in agricultural export commodities following tax changes.

Argentina Buckwheat Export (HS 110710) HS Code Breakdown

Product Specialization and Concentration

According to yTrade data for June 2025, Argentina's export under HS Code 110710 is almost entirely dominated by the sub-code for 'Malt; not roasted', which holds over 99% of the export value and quantity. This high concentration points to a specialized product with a unit price of approximately 469 US dollars per kilogram, indicating a focus on high-grade or processed goods. A minor sub-code with an extremely high unit price of around 695 US dollars per kilogram is present but isolated due to its negligible share, representing an anomaly in the data.

Value-Chain Structure and Grade Analysis

The structure of Argentina's HS Code 110710 export is defined by a single category of non-roasted malt, which is a semi-processed product derived from buckwheat. This suggests a trade in differentiated, value-added goods rather than fungible bulk commodities, as the consistent high unit price across the dominant sub-code implies processing beyond raw materials, likely catering to specific industrial or food-grade requirements.

Strategic Implication and Pricing Power

The high specialization and value-add stage grant Argentine exporters strong pricing power for HS Code 110710 products, allowing them to target premium markets. Strategic efforts should focus on maintaining quality control and leveraging this niche position to secure long-term contracts, rather than competing on volume alone. Analyzing HS Code 110710 trade data confirms that Argentina's export strategy is well-positioned for high-value segments.

Check Detailed HS Code 110710 Breakdown

Argentina Buckwheat Export (HS 110710) Destination Countries

Geographic Concentration and Dominant Role

In June 2025, Brazil is the dominant export destination for Argentina's buckwheat, accounting for 67.60% of the export value and 66.31% of the quantity. The slightly higher value share compared to quantity share indicates that Brazil may demand slightly higher-grade or processed buckwheat products. Shipment frequency is substantial at 53.93%, reflecting consistent but not overly fragmented trade flows.

Destination Countries Clusters and Underlying Causes

Export partners form three clusters based on trade patterns. The volume-oriented cluster includes Venezuela and Chile, where quantity shares (16.56% and 13.35%) exceed value shares (15.51% and 12.87%), pointing to bulk shipments of raw buckwheat for processing or consumption. The transactional cluster consists of Paraguay and Bolivia, with high frequency shares (14.61% and 17.98%) against low value shares (2.01% and 1.99%), suggesting small, frequent cross-border trade, likely for retail markets. Brazil serves as the dominant hub with high, balanced shares across all metrics.

Forward Strategy and Supply Chain Implications

Argentina should prioritize sustaining the high-value buckwheat trade with Brazil while optimizing supply chains for cost-effective bulk exports to Venezuela and Chile. Enhancing logistics to support frequent, small shipments to Paraguay and Bolivia can capture additional marginal gains. Exploring premium product niches could build on the observed value disparities to boost overall export profitability.

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

Get Complete Destination Countries Profile

Action Plan for Buckwheat Market Operation and Expansion

• Secure long-term contracts with Brazilian buyers using hs code 110710 trade data to lock in premium prices, because Brazil's higher value share confirms demand for Argentina's superior quality buckwheat.
• Optimize the bulk Buckwheat supply chain for shipments to Venezuela and Chile by analyzing shipment size data, to reduce logistics costs for high-volume, lower-margin exports.
• Streamline cross-border logistics for frequent, small shipments to Paraguay and Bolivia, as their high frequency share in the hs code 110710 trade data reveals a need for efficient small-lot handling to capture marginal gains.
• Investigate the ultra-high-value product niche identified in the data to develop new premium offerings, strengthening Argentina Buckwheat Export profitability beyond the dominant product.

Take Action Now —— Explore Argentina Buckwheat Export Data

Frequently Asked Questions

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

The sharp rebound in June 2025 to 42.46 million USD follows a May plunge linked to the elimination of industrial product withholdings, which initially disrupted exports before incentivizing recovery. The high unit price (469 USD/kg) confirms Argentina’s focus on premium, processed buckwheat malt.

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

Brazil dominates with 67.60% of export value, followed by Venezuela (15.51%) and Chile (12.87%). These three markets account for over 95% of Argentina’s buckwheat exports.

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

Brazil’s higher value share versus quantity share suggests demand for processed malt (469 USD/kg), while Venezuela and Chile receive bulk shipments of raw buckwheat, lowering their unit prices.

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

Prioritize sustaining high-value trade with Brazil, optimize bulk supply chains for Venezuela/Chile, and enhance logistics for frequent small shipments to Paraguay/Bolivia to capture marginal gains.

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

Brazilian buyers secure premium processed malt, while Venezuelan/Chilean importers rely on cost-effective bulk supplies. Paraguay/Bolivia benefit from frequent small shipments for retail markets.

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

Argentina’s exports are primarily non-roasted malt (99% share), a semi-processed product for industrial or food-grade applications, not raw commodities.