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

Argentina Crude Petroleum Export (HS 270900) Key Takeaways

Argentina's crude petroleum exports under HS Code 270900 in June 2025 were entirely concentrated in unrefined bulk shipments, with no product diversification. The market showed modest recovery at $1.11 billion after a sharp decline earlier in the year, reflecting volatile global oil demand. The U.S. dominated volume (59.38%) while Chile secured higher-value deals (39.14%), highlighting a split between bulk and premium buyers. This analysis, covering June 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 refined into fuels and petrochemicals, driving demand from industries like transportation, manufacturing, and power generation. Its trade volume remains significant due to stable global energy needs and geopolitical supply dynamics.

Current Context and Strategic Position

Recent data from [WITS Data] highlights Argentina’s active role in Crude Petroleum Export, with trade statistics underscoring its position as a key supplier. Argentina’s hs code 270900 trade data reflects its reliance on energy exports for economic stability, particularly amid fluctuating global oil prices. The country’s strategic significance lies in its untapped reserves and potential to expand market share. Vigilance is essential to monitor shifts in trade policies or demand trends affecting Argentina's Crude Petroleum Export performance.

Argentina Crude Petroleum Export (HS 270900) Price Trend

Key Observations

In June 2025, Argentina's crude petroleum exports under HS code 270900 reached 1.11 billion USD, showing a slight sequential increase from May's 1.02 billion USD but remaining significantly below the higher values seen earlier in the year.

Price and Volume Dynamics

The Argentina Crude Petroleum Export trend exhibited pronounced volatility through the first half of 2025, with total value declining sharply from 4.25 billion USD in January to a low of 1.02 billion in May, before the modest recovery in June. This pattern likely stems from fluctuations in global oil demand and pricing cycles, as crude petroleum markets are inherently sensitive to inventory adjustments and macroeconomic shifts, rather than any single domestic event.

Argentina Crude Petroleum Export (HS 270900) HS Code Breakdown

Product Specialization and Concentration

In June 2025, Argentina's export of HS Code 270900 is completely concentrated in a single product: crude petroleum oils. According to yTrade data, this sub-code accounts for 100% of the export value, weight, and volume, indicating no diversification within this category. The absence of unit price data suggests a standardized bulk trade without significant price variations to analyze.

Value-Chain Structure and Grade Analysis

The entire export consists of crude petroleum oils, which are raw, unrefined commodities. This structure points to a trade in fungible bulk goods, where products are largely undifferentiated and typically priced based on global market indices rather than unique qualities or processing stages. There are no other sub-codes present to form additional categories, reinforcing that Argentina's output under this code is purely at the initial value-add stage.

Strategic Implication and Pricing Power

For market players, this homogeneity means Argentina's pricing power for HS Code 270900 exports is limited, as it competes in a global commodity market driven by supply-demand dynamics and external benchmarks. Strategic focus should remain on cost efficiency and volume management, rather than product differentiation, to maintain competitiveness. Analyzing HS Code 270900 trade data confirms that opportunities for value addition are absent in this segment.

Check Detailed HS Code 270900 Breakdown

Argentina Crude Petroleum Export (HS 270900) Destination Countries

Geographic Concentration and Dominant Role

Argentina's Crude Petroleum exports in June 2025 were heavily concentrated. The United States was the dominant volume buyer, taking 59.38% of the total quantity shipped. However, Chile was the top value partner, accounting for 39.14% of the total export value. This disparity, where the U.S. volume share is significantly higher than its value share, points to a bulk trade flow of lower-priced crude. Conversely, Chile’s higher value share for its volume indicates it paid a premium, likely for higher-grade shipments.

Destination Countries Clusters and Underlying Causes

The trade partners form two clear clusters. The "Volume/Hub Cluster" includes the United States, United Arab Emirates, India, Brazil, Netherlands, and Uruguay. This group accounts for the vast majority of the physical volume shipped, suggesting these are key destinations for bulk crude, possibly for refining or re-export. The "High-Yield Cluster" is led solely by Chile, which stands out for securing higher-value shipments. A small "Transactional Cluster" exists with Bolivia, where the high frequency of shipments relative to their minimal value indicates small, routine deliveries, perhaps for regional supply or specific contractual agreements.

Forward Strategy and Supply Chain Implications

For Argentina's Crude Petroleum export strategy, the data suggests a need to balance two objectives. The first is to optimize the logistics and supply chains supporting the high-volume flows to the United States and other bulk buyers. The second, and potentially more profitable, aim is to secure more agreements mirroring the deal with Chile, focusing on premium markets that pay more per unit. This dual approach would help maximize overall revenue from HS Code 270900 trade.

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

• Target premium markets like Chile using hs code 270900 trade data to identify buyers paying above benchmark prices, because this directly increases the per-unit revenue of Argentina's Crude Petroleum Export without requiring higher production volumes.
• Optimize the Crude Petroleum supply chain for high-volume buyers like the U.S. by securing long-term freight agreements, as this reduces logistical costs for bulk shipments and protects profit margins on large, lower-margin contracts.
• Negotiate flexible contracts that allow for grade-based pricing, using trade data to prove value differentials, to capture the higher prices that specific markets are willing to pay for superior quality crude.
• Diversify the buyer base by analyzing transactional clusters for new, stable partners, to mitigate the risk of over-reliance on a few major destinations and create a more resilient export flow.

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 June?

Argentina's crude petroleum exports saw a modest recovery to 1.11 billion USD in June 2025 after a sharp decline earlier in the year, reflecting global oil demand volatility rather than domestic factors.

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

The U.S. dominated volume (59.38%), while Chile led in value share (39.14%), with other key buyers including the UAE, India, and Brazil.

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

Chile paid a premium for higher-grade crude, while the U.S. and other bulk buyers secured lower-priced shipments, reflecting trade in undifferentiated commodity oil.

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

Exporters should optimize bulk logistics for high-volume buyers like the U.S. while pursuing premium agreements akin to Chile’s to maximize revenue.

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

Bulk buyers (e.g., U.S., India) benefit from stable supply, while Chile’s premium access highlights opportunities for higher-quality crude procurement.

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

Argentina’s exports consist solely of unrefined crude oil, traded as a fungible commodity for refining or re-export in global markets.