Argentina Crude Petroleum Export Market -- HS Code 2709 Trade Data & Price Trend (Jul 2025)

Argentina Crude Petroleum Export (HS 2709) Key Takeaways

Argentina's crude petroleum exports under HS code 2709 collapsed to $0 in July 2025, reflecting extreme volatility after a sharp mid-year decline from $4.25 billion in January. The market disruption aligns with US tariff revisions in March, forcing inventory adjustments across global crude oil trade. This analysis covers July 2025 and is based on cleanly processed Customs data from the yTrade database.

Argentina Crude Petroleum Export (HS 2709) Background

What is HS Code 2709?

HS Code 2709 refers to petroleum oils and oils obtained from bituminous minerals, crude, a globally traded commodity essential for energy production and industrial applications. Its demand is driven by refining into fuels, lubricants, and petrochemical feedstocks, making it a cornerstone of global energy markets. Argentina's Crude Petroleum Export under this code plays a critical role in meeting both domestic and international energy needs.

Current Context and Strategic Position

Recent updates to the Harmonized Tariff Schedule of the United States (2025) [USITC] highlight ongoing adjustments to trade classifications, underscoring the need for vigilance in tracking hs code 2709 trade data. Argentina, as a key exporter, leverages its vast hydrocarbon reserves to maintain a competitive position in global markets. With energy security and price volatility shaping trade dynamics, monitoring Argentina's Crude Petroleum Export trends is essential for stakeholders navigating this strategic sector.

Argentina Crude Petroleum Export (HS 2709) Price Trend

Key Observations

Argentina's crude petroleum exports under HS code 2709 reached $0.00 in July 2025, marking a complete halt in export activity for the month.

Price and Volume Dynamics

The Argentina Crude Petroleum Export trend exhibited pronounced volatility in the first half of 2025, with values declining from $4.25 billion in January to $3.34 billion in March, followed by a rebound to $3.89 billion in April. However, exports sharply dropped to $1.02 billion in May and $1.11 billion in June before stalling in July. This pattern may reflect adjustments to the US tariff revisions implemented in March [USITC], which likely influenced trade dynamics and inventory management in the global crude oil sector.

Action Plan for Crude Petroleum Market Operation and Expansion

• Use hs code 2709 trade data to prioritize buyers in high-growth regions, ensuring Argentina Crude Petroleum Export volumes align with emerging demand centers and maximize revenue.
• Monitor geopolitical and quality-based price shifts using real-time trade intelligence to adjust Argentina Crude Petroleum Export pricing strategies and protect margins.
• Map the Crude Petroleum supply chain to identify and secure alternative logistics routes, reducing vulnerability to disruptions and ensuring consistent delivery.
• Analyze buyer frequency and volume patterns from trade data to negotiate long-term contracts with reliable partners, stabilizing Argentina Crude Petroleum Export flows.
• Leverage hs code 2709 trade data to spot new processing hub opportunities, expanding market reach and diversifying the Crude Petroleum supply chain for greater resilience.

Take Action Now —— Explore Argentina Crude Petroleum Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Argentina Crude Petroleum Export 2025 July?

Argentina's crude petroleum exports halted completely in July 2025, following a volatile first half of the year with sharp declines and rebounds. This disruption likely reflects adjustments to US tariff revisions implemented in March, impacting global trade dynamics.

Q2. Who are the main destination countries of Argentina Crude Petroleum (HS Code 2709) 2025 July?

No export activity was recorded for Argentina's crude petroleum in July 2025, indicating a temporary suspension of shipments to all destinations.

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

Price variations are typically driven by differences in crude quality and market demand, but no exports occurred in July 2025 to assess such differentials.

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

Exporters should monitor tariff policies and global inventory trends, as the recent halt suggests significant market sensitivity to regulatory changes.

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

Buyers may face supply uncertainty due to Argentina's export volatility, requiring alternative sourcing strategies to mitigate disruptions.

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

Crude petroleum is primarily refined into fuels, lubricants, and petrochemical feedstocks for industrial and energy applications.