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

Argentina Buckwheat Export (HS 110710) Key Takeaways

Argentina's buckwheat export under HS Code 110710 in May 2025 is a highly concentrated commodity trade, with non-roasted malt dominating 97% of shipments. Export values plummeted to $13.33 million, continuing a sharp decline from Q1 highs, likely due to post-harvest adjustments. Brazil commands nearly half the market, with higher-value shipments suggesting premium positioning, while neighboring countries show fragmented, small-scale demand. This analysis covers May 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, including high protein and fiber content, driving steady global demand. Argentina’s production of these crops positions it as a key supplier in international trade, particularly for buckwheat exports.

Current Context and Strategic Position

Argentina recently eliminated export taxes on industrial products, including those under HS Code 110710, to boost overseas sales [Aduana News]. This policy shift enhances the competitiveness of Argentina’s buckwheat export sector, aligning with global demand for alternative grains. As a leading producer, Argentina’s trade data for HS Code 110710 will be critical to monitor, given its potential to capitalize on this tax relief and expand market share. Vigilance is advised to assess the immediate impact on trade flows and pricing dynamics.

Argentina Buckwheat Export (HS 110710) Price Trend

Key Observations

May's Argentina Buckwheat export value under HS code 110710 reached 13.33 million USD, representing a significant downturn from the robust performance seen in the first quarter.

Price and Volume Dynamics

The Argentina Buckwheat Export trend exhibited a steady increase in value from January to March, culminating in a high of 61.53 million USD, but faced a sharp decline in April and May. This volatility aligns with typical post-harvest seasonal adjustments in agricultural commodities, where export flows can fluctuate based on stock cycles and global demand. The recent policy shift to eliminate export taxes on industrial products, effective May 8 as reported by [Aduana News], may contribute to stabilizing and boosting future export values, though its impact was not fully realized in May's data due to the timing of implementation.

Argentina Buckwheat Export (HS 110710) HS Code Breakdown

Product Specialization and Concentration

According to yTrade data, Argentina's export of HS Code 110710 in May 2025 is highly concentrated in sub-code 11071010190 for 'Malt; not roasted', which accounts for over 97% of export frequency and all export value. This dominance suggests a specialized market with minimal variation, though unit price analysis in USD per kilogram is not feasible due to unavailable weight data, preventing direct disparity assessment. The minor sub-code 11071010900, with negligible volume and value, is isolated as an anomaly in this analysis.

Value-Chain Structure and Grade Analysis

The market structure for Argentina's HS Code 110710 export is characterized by a single product category of non-roasted malt, as both sub-codes share identical descriptions. This indicates a trade in fungible bulk commodities, likely tied to global agricultural indices, with no apparent differentiation in value-add stages or quality grades. The uniformity points to a straightforward commodity market without significant segmentation.

Strategic Implication and Pricing Power

For players in Argentina's HS Code 110710 export, the high concentration implies potential pricing power through supply control, but as a commodity, prices are often influenced by external market forces. Strategic focus should prioritize cost efficiency and volume scaling to compete effectively, rather than product differentiation, based on the HS Code 110710 trade data insights.

Check Detailed HS Code 110710 Breakdown

Argentina Buckwheat Export (HS 110710) Destination Countries

Geographic Concentration and Dominant Role

Brazil is the dominant destination for Argentina's buckwheat exports in May 2025, holding a 46.48% share of the total export value. The value share slightly exceeds the quantity share (45.01%), indicating that shipments to Brazil may involve higher-grade or more processed forms of buckwheat, commanding better prices. The frequency share of 40.70% aligns closely, suggesting steady, bulk-oriented trade without significant fragmentation.

Destination Countries Clusters and Underlying Causes

The export partners divide into two clear clusters based on trade patterns. Brazil and Chile form a volume cluster, with high value and quantity shares (e.g., Chile at 39.68% value and 40.98% quantity), pointing to bulk shipments likely for large-scale consumption or processing in these markets. Bolivia and Paraguay represent a transactional cluster, where frequency shares are disproportionately high relative to value (e.g., Bolivia's frequency ratio is 24.42% vs. 8.17% value), implying frequent, smaller shipments that could stem from retail demand or cross-border trade dynamics in these neighboring countries.

Forward Strategy and Supply Chain Implications

To enhance Argentina's buckwheat export performance, focus on securing high-margin opportunities in the volume cluster, such as promoting premium products in Brazil and Chile. For the transactional cluster, streamline logistics to support efficient, high-frequency deliveries to Bolivia and Paraguay, reducing costs for smaller consignments. This approach leverages existing trade flows without major shifts, aiming to stabilize and grow market share through tailored supply chain adjustments.

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

Get Complete Destination Countries Profile

Action Plan for Buckwheat Market Operation and Expansion

• Focus export promotion for Brazil and Chile on premium non-roasted malt grades. This leverages their role as high-volume buyers in the Argentina Buckwheat Export market to capture better unit prices.
• Optimize the Buckwheat supply chain for high-frequency, small shipments to Bolivia and Paraguay. Implement dedicated logistics to reduce costs for frequent, lower-volume consignments and protect margins.
• Use hs code 110710 trade data to track global malt price indices and adjust offer prices monthly. This ensures your Argentina Buckwheat Export pricing remains competitive against external commodity market forces.
• Secure long-term contracts with key buyers in Brazil to guarantee supply security. This stabilizes volume for your Buckwheat supply chain and mitigates price volatility common in bulk commodity trades.
• Continuously monitor the hs code 110710 trade data for any new sub-code entries or market shifts. This allows for rapid strategic adjustment to protect Argentina's dominant position in this specialized export.

Take Action Now —— Explore Argentina Buckwheat Export Data

Frequently Asked Questions

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

Argentina's buckwheat export value dropped sharply to $13.33M in May 2025 after peaking at $61.53M in March, reflecting seasonal post-harvest adjustments. A recent policy change eliminating export taxes may stabilize future trade but had limited impact in May due to timing.

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

Brazil dominates with 46.48% of export value, followed by Chile (39.68%) and Bolivia (8.17%). These three account for over 94% of Argentina’s buckwheat exports by value.

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

Brazil and Chile show higher value-to-quantity ratios, suggesting bulk shipments of premium-grade buckwheat, while Bolivia and Paraguay’s smaller, frequent shipments likely serve retail or cross-border trade at lower margins.

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

Exporters should prioritize cost-efficient bulk shipments to Brazil and Chile while optimizing logistics for high-frequency, smaller deliveries to Bolivia and Paraguay to maintain competitiveness in both clusters.

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 and Paraguayan buyers rely on fragmented, smaller consignments, indicating potential logistical inefficiencies for the latter group.

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

Argentina’s exports under HS Code 110710 consist almost entirely of non-roasted malt (97%+), indicating use as a bulk commodity for brewing or food processing, with no significant value-add differentiation.