Argentina Natural Gas Export Market -- HS Code 271121 Trade Data & Price Trend (Jun 2025)

Argentina Natural Gas Export (HS 271121) Key Takeaways

Argentina’s Natural Gas exports under HS Code 271121 in June 2025 show a sharp decline, with values dropping to $126.68 million amid weakening global demand. The exports are entirely concentrated in raw, undifferentiated natural gas, leaving revenue vulnerable to price volatility. Chile dominates as the primary buyer, absorbing over 95% of shipments, highlighting extreme geographic dependence. This analysis, covering June 2025, is based on cleanly processed Customs data from the yTrade database.

Argentina Natural Gas Export (HS 271121) Background

What is HS Code 271121?

HS Code 271121 refers to natural gas in gaseous state, a critical energy commodity primarily used for electricity generation, heating, and industrial processes. Its global demand remains stable due to its role as a cleaner alternative to coal and oil, particularly in energy-intensive industries. This product is a key driver of Argentina's export economy, given the country's substantial natural gas reserves.

Current Context and Strategic Position

While no specific trade policy announcements have been made recently, Argentina's natural gas exports are influenced by global energy price volatility and regional demand shifts. The country holds strategic importance as a supplier to neighboring markets, leveraging its Vaca Muerta shale reserves to meet growing energy needs. Monitoring Argentina's natural gas export trends under HS Code 271121 is essential for assessing market stability and trade opportunities. As energy transitions accelerate, hs code 271121 trade data will remain a vital indicator of Argentina's competitive position in the global gas market.

Argentina Natural Gas Export (HS 271121) Price Trend

Key Observations

Argentina's Natural Gas exports in June 2025 reached a value of 126.68 million USD, reflecting a notable contraction in the hs code 271121 value trend. This performance indicates a downward shift in the market momentum for the period.

Price and Volume Dynamics

The Argentina Natural Gas Export trend showed robust growth through the first quarter, with values climbing from 230.36 million USD in January to 276.59 million USD in March. However, this upward trajectory reversed in April, with a slight dip to 266.05 million USD, followed by a sharp decline to 138.43 million USD in May and further to 126.68 million USD in June. This sequential weakening aligns with typical industry cycles, where reduced global demand or seasonal maintenance in energy infrastructure often leads to export volatility, compounded by broader economic factors like currency fluctuations affecting trade flows.

Argentina Natural Gas Export (HS 271121) HS Code Breakdown

Product Specialization and Concentration

According to yTrade data, Argentina's export under HS Code 271121 in June 2025 is entirely concentrated in a single product: natural gas, specifically classified as petroleum gases and other gaseous hydrocarbons in gaseous state. This sub-code accounts for 100% of the export value, quantity, and frequency, indicating no diversification within this code. The absence of unit price data prevents further analysis on price disparities, but the complete specialization suggests a focused export strategy for this commodity.

Value-Chain Structure and Grade Analysis

With only one sub-code present, the export structure for HS Code 271121 is monolithic, consisting solely of natural gas in its raw, gaseous form. This implies a trade in fungible bulk commodities, where products are largely undifferentiated and likely priced against global energy indices rather than based on value-added stages or quality grades. The lack of variety indicates that Argentina's exports in this category are homogeneous and typical of primary resource trading.

Strategic Implication and Pricing Power

The high concentration in a single commodity means that Argentina's export earnings for HS Code 271121 are heavily dependent on global natural gas prices and demand fluctuations. This structure offers limited pricing power to individual exporters, as markets are competitive and index-driven. Strategic focus should remain on cost efficiency and market access rather than product differentiation, emphasizing the need to monitor international price trends closely for HS Code 271121 trade data.

Check Detailed HS Code 271121 Breakdown

Argentina Natural Gas Export (HS 271121) Destination Countries

Geographic Concentration and Dominant Role

Argentina's Natural Gas exports in June 2025 show a high concentration, with Chile dominating as the primary destination. Chile accounts for 95.35% of the export value and 95.71% of the quantity, indicating a strong bulk trade relationship. The frequency of shipments to Chile is also high at 92.86%, suggesting regular, large-scale deliveries typical for energy commodities. The slight disparity where value share is marginally lower than quantity share points to trade in standard, lower-margin Natural Gas, consistent with regional pipeline exports.

Destination Countries Clusters and Underlying Causes

The export partners form two clear clusters based on share profiles. Chile represents a Volume Cluster, with overwhelming shares in both value and quantity, driven by its role as a major energy importer via established infrastructure. Uruguay fits a Transactional Cluster, with a frequency share of 7.14% exceeding its value and quantity shares (4.65% and 4.29%), indicating smaller, more frequent shipments that may support spot market demand or flexible supply arrangements in the gas market.

Forward Strategy and Supply Chain Implications

For Argentina's Natural Gas export strategy, maintaining and optimizing the high-volume flow to Chile is crucial for stable revenue, given its dominance. Enhancing logistics for frequent, smaller shipments to markets like Uruguay could capture niche opportunities without major infrastructure changes. Monitoring trade data for HS Code 271121 will help adapt to shifts in regional energy demand, ensuring efficient supply chain management.

Table: Argentina Natural Gas (HS 271121) Top Destination Countries (Source: yTrade)

Get Complete Destination Countries Profile

Action Plan for Natural Gas Market Operation and Expansion

• Monitor global energy indices and HS Code 271121 trade data daily to time export contracts, because Argentina's Natural Gas export revenue is entirely dependent on volatile commodity prices.
• Diversify export destinations beyond Chile using trade data to identify new buyers, reducing geopolitical risk and strengthening the overall Natural Gas supply chain.
• Invest in pipeline maintenance and backup transport options to secure the Natural Gas supply chain, ensuring consistent delivery to fulfill large-volume contracts.
• Optimize logistics for smaller, frequent shipments to markets like Uruguay, capturing higher-margin spot opportunities without major infrastructure investment.
• Develop a risk mitigation plan using HS Code 271121 trade data to anticipate demand shifts, protecting Argentina's Natural Gas export earnings from sudden market changes.

Take Action Now —— Explore Argentina Natural Gas Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Argentina Natural Gas Export 2025 June?

Argentina's Natural Gas exports declined sharply from 276.59 million USD in March to 126.68 million USD in June 2025, likely due to reduced global demand, seasonal maintenance, or broader economic factors like currency fluctuations.

Q2. Who are the main destination countries of Argentina Natural Gas (HS Code 271121) 2025 June?

Chile dominates as the primary destination, accounting for 95.35% of export value, followed by Uruguay at 4.65%.

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

Unit price differences are minimal since exports consist solely of undifferentiated, bulk natural gas, priced against global indices rather than quality or destination-specific factors.

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

Exporters should prioritize cost efficiency and stable supply to Chile while optimizing logistics for smaller, frequent shipments to markets like Uruguay to capture niche demand.

Q5. What does this Argentina Natural Gas export pattern mean for buyers in partner countries?

Chilean buyers benefit from reliable, large-scale supply, while Uruguayan buyers gain flexibility with smaller, more frequent shipments suited for spot market needs.

Q6. How is Natural Gas typically used in this trade flow?

Natural gas is traded as a bulk commodity, primarily for energy generation and industrial use, with exports flowing via pipelines to regional markets.