Argentina Light Trucks Export Market -- HS Code 870421 Trade Data & Price Trend (Feb 2025)

Argentina Light Trucks Export (HS 870421) Key Takeaways

Argentina's Light Trucks Export under HS Code 870421 surged in February 2025, with trade value tripling to $812.10 million as demand spiked in key markets like Brazil, which accounted for 63% of exports. The market is highly concentrated, with 92% of shipments being diesel-powered goods transport vehicles under 5 tonnes GVW, priced at $29,158 on average. Brazil’s dominance reflects premium demand, while Chile and Peru form a volume-driven cluster for standard models. Exporters should leverage pricing power in Brazil while expanding into higher-value niches to diversify risk. This analysis covers February 2025 and is based on cleanly processed Customs data from the yTrade database.

Argentina Light Trucks Export (HS 870421) Background

What is HS Code 870421?

HS Code 870421 refers to motor vehicles designed for the transport of goods, with a gross vehicle weight (g.v.w.) not exceeding 5 tonnes. Commonly known as light trucks, these vehicles are critical for logistics, agriculture, and small-scale commercial operations globally. Their demand remains stable due to their versatility in urban and rural supply chains.

Current Context and Strategic Position

Argentina's trade dynamics, including light trucks exports under HS Code 870421, are closely monitored through platforms like [WITS Data], which provide updated merchandise trade statistics. As a key player in South America, Argentina's light trucks export sector is influenced by regional demand and industrial production trends. Strategic vigilance is essential to navigate shifting trade policies and competitive pressures in this segment. The country's role in hs code 870421 trade data highlights its potential to capitalize on growing logistics needs in emerging markets.

Argentina Light Trucks Export (HS 870421) Price Trend

Key Observations

Argentina's Light Trucks Export trend surged in February 2025, with exports reaching $812.10 million USD at a unit price of $31.94 per kg, marking a substantial increase from the previous month.

Price and Volume Dynamics

The Argentina Light Trucks Export trend demonstrated strong sequential growth, with February's value more than tripling from January's $257.78 million, driven by a 178% increase in weight to 25.43 million kg and a 13% rise in unit price. This momentum aligns with broader trade improvements highlighted in [WITS Data] from December 2024, which reported strengthened merchandise trade statistics, likely reflecting heightened demand in key sectors like agriculture and logistics that rely on light trucks for operations. The hs code 870421 value trend suggests exporters capitalized on favorable market conditions, possibly due to seasonal inventory builds or economic recovery efforts.

Argentina Light Trucks Export (HS 870421) HS Code Breakdown

Product Specialization and Concentration

According to yTrade data for February 2025, Argentina's export under HS Code 870421 is heavily dominated by one sub-category. The sub-code 87042190300, for diesel-powered goods transport vehicles under 5 tonnes GVW, holds a 92% value share and 90% quantity share, with an average unit price of $29,158. This high concentration shows a focus on this specific vehicle type.

Value-Chain Structure and Grade Analysis

The remaining sub-codes fall into two groups based on unit price. A mid-value group includes codes like 87042190210 and 87042110100, with unit prices around $20,600 to $24,100, suggesting standard variants. A higher-value group, such as 87042190991 at $38,929, indicates premium or specialized models. This structure points to trade in differentiated manufactured goods, not bulk commodities.

Strategic Implication and Pricing Power

The dominance of one sub-code gives exporters strong pricing power in that segment. To grow, firms could target the higher-value niches shown in HS Code 870421 trade data. Diversifying into these premium variants may capture more value in Argentina's export market.

Check Detailed HS Code 870421 Breakdown

Argentina Light Trucks Export (HS 870421) Destination Countries

Geographic Concentration and Dominant Role

Brazil is the dominant destination for Argentina's Light Trucks exports in February 2025, holding a 62.89% value share and 58.10% quantity share. The higher value share compared to quantity indicates strong demand for premium or fully assembled Light Trucks from Brazil. The very high frequency share of 78.36% suggests frequent shipments, likely due to integrated supply chains or just-in-time delivery needs for automotive parts and vehicles.

Destination Countries Clusters and Underlying Causes

The top partners can be grouped into three clusters based on trade patterns. Brazil forms a High-Yield Cluster with its high value share, pointing to a market for higher-end Light Trucks. Chile and Peru make up a Volume-Oriented Cluster, where weight and quantity shares slightly exceed value shares, indicating trade in more standard or bulk configurations, possibly for regional distribution hubs. The remaining countries, like Colombia and Guatemala, are Smaller Niche Partners with lower shares, reflecting emerging or specific market demands for Light Trucks in Central and South America.

Forward Strategy and Supply Chain Implications

To boost Argentina's Light Trucks export performance, focus on maintaining premium pricing in high-value markets like Brazil while optimizing logistics for volume buyers in Chile and Peru. Enhancing supply chain efficiency for frequent shipments can reduce costs. Monitoring trade data for HS Code 870421 will help identify growth opportunities in niche markets without over-reliance on dominant partners.

Table: Argentina Light Trucks (HS 870421) Top Destination Countries (Source: yTrade)

Get Complete Destination Countries Profile

Action Plan for Light Trucks Market Operation and Expansion

• Use hs code 870421 trade data to target higher-value sub-codes like 87042190991 for Argentina's Light Trucks Export, because it boosts unit prices and captures more value in premium segments.
• Optimize the Light Trucks supply chain for frequent shipments to high-yield markets like Brazil, reducing logistics costs and ensuring timely deliveries for integrated operations.
• Monitor hs code 870421 trade data to identify growth in niche markets such as Chile and Peru, allowing quick entry into volume-oriented clusters without over-dependence on major partners.
• Upgrade product specifications based on trade data insights to develop differentiated models for Argentina's Light Trucks Export, enhancing competitiveness and meeting diverse buyer demands.
• Analyze OEM contract volumes from hs code 870421 to secure stable production and better pricing, supporting consistent supply for Argentina's Light Trucks Export and improving profitability.

Take Action Now —— Explore Argentina Light Trucks Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Argentina Light Trucks Export 2025 February?

Argentina's Light Trucks exports surged to $812.10 million in February 2025, driven by a 178% increase in shipment volume and a 13% rise in unit prices, reflecting strong demand in key sectors like agriculture and logistics.

Q2. Who are the main destination countries of Argentina Light Trucks (HS Code 870421) 2025 February?

Brazil dominates with 62.89% of export value, followed by Chile and Peru, which form a volume-oriented cluster with higher quantity shares, indicating trade in standard configurations.

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

Price differences stem from product specialization—Brazil imports premium models (e.g., sub-code 87042190991 at $38,929), while Chile and Peru focus on mid-value variants priced around $20,600–$24,100.

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

Exporters should maintain premium pricing in Brazil, optimize logistics for volume buyers like Chile and Peru, and explore niche markets to diversify beyond the dominant sub-code (87042190300).

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

Brazilian buyers face stable supply but premium pricing, while volume-oriented markets like Chile benefit from standardized options. Niche markets (e.g., Colombia) offer growth opportunities for specialized demand.

Q6. How is Light Trucks typically used in this trade flow?

Light Trucks (HS Code 870421) are primarily diesel-powered goods transport vehicles under 5 tonnes GVW, used for regional logistics, agriculture, and commercial distribution.