Argentina Crude Petroleum Export Market -- HS Code 270900 Trade Data & Price Trend (Jan 2025)

Argentina Crude Petroleum Export (HS 270900) Key Takeaways

Argentina's Crude Petroleum exports under HS Code 270900 in January 2025 consisted entirely of crude oil, with no value-added processing, leaving revenue fully exposed to global price volatility. The market showed strong momentum, opening at 4.25 billion USD, driven by stable demand and a unit price of 1.28 USD/kg. Exports were highly concentrated in Chile (43.38% value share) and the U.S. (42.22%), with Chile's premium-grade demand slightly outpacing bulk-focused U.S. shipments. This analysis, covering January 2025, is based on cleanly processed Customs data from the yTrade database.

Argentina Crude Petroleum Export (HS 270900) Background

What is HS Code 270900?

HS Code 270900 refers to Petroleum oils and oils obtained from bituminous minerals, crude, a critical commodity in global energy markets. This product is primarily used by refineries to produce fuels, lubricants, and petrochemicals, driving steady demand due to its foundational role in transportation and industrial sectors. Its trade dynamics are closely tied to energy security and geopolitical factors, making it a strategically significant commodity.

Current Context and Strategic Position

Recent data from [WITS Data] highlights Argentina's active role in global crude petroleum trade, with exports under HS Code 270900 being a key focus. Argentina's crude petroleum export capacity is bolstered by its vast shale reserves, particularly in the Vaca Muerta region, positioning it as a growing player in energy markets. However, fluctuating global oil prices and domestic policy shifts necessitate close monitoring of trade flows. For stakeholders, understanding Argentina's crude petroleum export trends and HS Code 270900 trade data is essential to navigate market volatility and capitalize on emerging opportunities. Vigilance in tracking these dynamics will be critical in 2025.

Argentina Crude Petroleum Export (HS 270900) Price Trend

Key Observations

The Argentina Crude Petroleum Export trend for January 2025 opened with a strong value of 4.25 billion USD, driven by a unit price of 1.28 USD per kilogram, reflecting heightened market activity at the start of the year.

Price and Volume Dynamics

Building on momentum from late 2024, as highlighted in general trade data [World Bank], the sequential stability in export value aligns with global crude oil demand cycles and Argentina's ongoing production adjustments. The hs code 270900 value trend indicates that sustained high prices are supporting export revenues, despite typical seasonal fluctuations in energy markets being less pronounced for crude petroleum.

Argentina Crude Petroleum Export (HS 270900) HS Code Breakdown

Product Specialization and Concentration

According to yTrade data, Argentina's export of HS Code 270900 in January 2025 is entirely concentrated in a single product: crude petroleum oils. This product, classified under sub-code 27090010900, accounted for 100% of the total export value and weight. Its unit price of 1.28 USD per kilogram confirms its identity as a bulk commodity with no internal product diversification within this code.

Value-Chain Structure and Grade Analysis

The export structure for Argentina's HS Code 270900 shows no diversification into processed or higher-grade petroleum products. All exports under this code are solely crude oil, indicating a trade focused entirely on the raw material stage. This structure is typical for fungible bulk commodities, where pricing is directly linked to global crude oil benchmarks rather than value-added processing or brand differentiation.

Strategic Implication and Pricing Power

This extreme concentration means Argentina's export revenue under HS Code 270900 is fully exposed to global crude oil price volatility. The country has no pricing power for these exports, as prices are set by international markets. For market players, this underscores a strategic focus on production efficiency and cost management, rather than product differentiation or premium pricing strategies.

Check Detailed HS Code 270900 Breakdown

Argentina Crude Petroleum Export (HS 270900) Destination Countries

Geographic Concentration and Dominant Role

In January 2025, CHILE was the top destination for Argentina's Crude Petroleum exports, holding a 43.38% value share. CHILE's value share slightly exceeds its weight share (38.94%), suggesting a market for higher-grade crude. The UNITED STATES is a close second with a 42.22% value share but a higher weight share (47.65%), indicating bulk trade. Both show high shipment frequency (CHILE 31.22%, US 41.95%), reflecting regular large-scale operations.

Destination Countries Clusters and Underlying Causes

Export partners group into three clusters. The High-Yield Cluster includes only CHILE, where value outweighs weight, likely due to premium crude demand. The Volume/Hub Cluster features the UNITED STATES, INDIA, and PERU, with dominant weight shares pointing to bulk importation for refining or storage. The Transactional Cluster consists of BRAZIL, NETHERLANDS, and BOLIVIA, where frequency shares exceed value shares—BRAZIL at 15.61% frequency versus 4.52% value—hinting at spot market trades or smaller, frequent shipments common in crude oil logistics.

Forward Strategy and Supply Chain Implications

Argentina should prioritize high-margin markets like CHILE by ensuring crude quality and stable supply. For bulk buyers like the UNITED STATES, focus on optimizing shipping efficiency and port logistics. Trade data for HS Code 270900 shows potential to expand in volume clusters while monitoring transactional partners for flexibility. No news context directly informs shifts in these patterns.

Table: Argentina Crude Petroleum (HS 270900) Top Destination Countries (Source: yTrade)

Get Complete Destination Countries Profile

Action Plan for Crude Petroleum Market Operation and Expansion

• Prioritize shipping higher-grade crude to Chile to capitalize on its premium pricing, as the Argentina Crude Petroleum Export data shows this market delivers superior value per ton for hs code 270900 trade data.
• Optimize bulk shipping logistics and port efficiency for the United States to secure its large-volume purchases, which is critical for stabilizing the overall Crude Petroleum supply chain from Argentina.
• Use hs code 270900 trade data to identify and engage transactional partners like Brazil for smaller, frequent spot shipments, providing flexibility to adapt quickly to shifting global crude oil prices.
• Continuously monitor destination country clusters and global crude indexes to anticipate demand shifts, protecting Argentina's Crude Petroleum Export revenue from sudden price volatility and supply disruptions.

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 January?

Argentina's Crude Petroleum exports in January 2025 are driven by sustained high global crude oil prices (1.28 USD/kg) and stable demand, particularly from key markets like Chile and the United States.

Q2. Who are the main destination countries of Argentina Crude Petroleum (HS Code 270900) 2025 January?

Chile (43.38% value share) and the United States (42.22% value share) dominate Argentina's Crude Petroleum exports, followed by smaller shipments to India, Peru, Brazil, and others.

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

Price differences stem from crude quality and trade structure—Chile pays slightly more for higher-grade crude, while the U.S. trades in bulk at a lower relative price.

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

Exporters should prioritize high-margin markets like Chile by ensuring crude quality and optimize logistics for bulk buyers like the U.S. to maintain efficiency.

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

Buyers in Chile benefit from stable, premium-grade supply, while bulk importers like the U.S. can rely on Argentina for large-scale, consistent shipments.

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

Argentina's Crude Petroleum (HS Code 270900) is exported exclusively as unprocessed crude oil, primarily for refining or storage in destination markets.