Argentina Petroleum Gases Export Market -- HS Code 2711 Trade Data & Price Trend (Q1 2025)
Argentina Petroleum Gases Export (HS 2711) Key Takeaways
Argentina's Petroleum Gases exports under HS Code 2711 in Q1 2025 were dominated by bulk natural gas, with Chile and Brazil absorbing over 75% of the volume—Chile favoring low-value shipments and Brazil higher-grade products. The market saw a sharp decline, with total value dropping 24% and unit prices falling to $0.86/kg, signaling softening global demand. Africa emerged as a high-yield niche for premium LPG, though volumes remain small. This analysis, covering Q1 2025, is based on cleanly processed Customs data from the yTrade database.
Argentina Petroleum Gases Export (HS 2711) Background
What is HS Code 2711?
HS Code 2711 refers to petroleum gases and other gaseous hydrocarbons, a category encompassing liquefied propane, butane, and other energy-rich byproducts of crude oil refining. These gases are critical for heating, industrial processes, and as feedstocks for petrochemical production, ensuring steady global demand. Their versatility and energy density make them indispensable across sectors like manufacturing, agriculture, and residential energy supply.
Current Context and Strategic Position
Global commodity price volatility and shifting energy dynamics underscore the need to monitor Argentina's petroleum gases export market. As a key regional supplier, Argentina leverages its hydrocarbon reserves to meet domestic and international demand, particularly in Latin America. The absence of recent trade policy shifts places greater emphasis on macroeconomic factors, such as fluctuating energy prices and export competitiveness. Tracking HS Code 2711 trade data is essential to gauge Argentina's strategic positioning in this sector. Vigilance remains crucial to anticipate market shifts and capitalize on emerging opportunities.
Argentina Petroleum Gases Export (HS 2711) Price Trend
Key Observations
Argentina's Petroleum Gases exports in Q1 2025 saw a significant decline, with total value dropping to $580.03 million in March from $762.89 million in January. Unit prices also fell from $0.92/kg to $0.86/kg over the quarter, indicating a broad-based softening in the market.
Price and Volume Dynamics
The Argentina Petroleum Gases Export trend displayed a consistent monthly decrease in both value and volume, with exports falling sequentially from January through March. This downward momentum in early 2025 likely reflects subdued global demand for energy commodities, possibly due to post-winter inventory adjustments or broader economic cycles affecting the hs code 2711 value trend. The decline in unit prices aligns with typical market responses to oversupply or reduced buying interest in the sector.
Argentina Petroleum Gases Export (HS 2711) HS Code Breakdown
Product Specialization and Concentration
Argentina's export under HS Code 2711 in 2025 Q1 is heavily concentrated in natural gas in gaseous state, which accounts for nearly half the weight and value share. According to yTrade data, this product dominates with a low unit price of 0.72 USD per kilogram, indicating a high-volume, low-value bulk commodity trade. A minor anomaly exists with a high-priced other gaseous product at 53.89 USD per kilogram, but it has negligible volume and is isolated from the main analysis.
Value-Chain Structure and Grade Analysis
The remaining exports are primarily liquefied petroleum gases, split into two groups: butanes and propane with moderate unit prices around 1.04 to 1.09 USD per kilogram, and other liquefied gases with lower prices. This structure shows a focus on standardized, fungible bulk commodities, where products are traded based on volume and basic form rather than high differentiation or value-added processing.
Strategic Implication and Pricing Power
For market players, the reliance on bulk commodities under HS Code 2711 trade data suggests limited pricing power, with prices likely tied to global energy indices. Strategic focus should be on cost efficiency and securing volume contracts, rather than product differentiation, to compete effectively in Argentina's export market.
Table: Argentina HS Code 2711) Breakdown Details (Source: yTrade)
| HS Code | Product Description | Value | Frequency | Quantity | Weight |
|---|---|---|---|---|---|
| 271121***** | Petroleum gases and other gaseous hydrocarbons; in gaseous state, natural gas | 770.19M | 626.00 | 3.64B | 1.07B |
| 271113***** | Petroleum gases and other gaseous hydrocarbons; liquefied, butanes | 575.56M | 862.00 | 682.33M | 551.23M |
| 271112***** | Petroleum gases and other gaseous hydrocarbons; liquefied, propane | 531.54M | 564.00 | 620.86M | 485.49M |
| 2711** | ******** | ******** | ******** | ******** | ******** |
Check Detailed HS Code 2711 Breakdown
Argentina Petroleum Gases Export (HS 2711) Destination Countries
Geographic Concentration and Dominant Role
Chile is the clear leader for Argentina's Petroleum Gases exports in Q1 2025, taking 41.9% of the total value. This share is significantly lower than its 49.44% weight share, indicating Chile primarily buys bulk, lower-value shipments. Brazil is the second major destination, with a 36.09% value share that exceeds its 31.86% weight share, showing a focus on higher-value grades of gas. Together, these two neighbors account for over three-quarters of Argentina's export value for HS Code 2711, demonstrating a highly concentrated market.
Destination Countries Clusters and Underlying Causes
The trade data reveals two distinct clusters. Chile and Brazil form a "Volume/Hub Cluster," acting as the primary bulk buyers due to their proximity and existing pipeline infrastructure. A second "High-Yield Cluster" includes Ghana and Kenya; their value shares (4.43% and 4.12%) are nearly double their weight shares, suggesting they pay a premium for specialized shipments, likely liquefied petroleum gas (LPG) for consumer use. The remaining countries, like the United States and Peru, have minimal shares, representing smaller, opportunistic purchases.
Forward Strategy and Supply Chain Implications
Argentina's export strategy for Petroleum Gases should focus on two areas. For the high-volume cluster of Chile and Brazil, the goal is to optimize pipeline and shipping logistics to maintain cost-effective bulk deliveries. For the high-value cluster in Africa, the opportunity lies in securing more contracts for premium LPG, which commands a better price per kilogram. Without any specific trade news, this approach relies on leveraging existing trade flows to capture more value from distant markets while solidifying its dominant role in regional energy supply.
Table: Argentina Petroleum Gases (HS 2711) Top Destination Countries (Source: yTrade)
| Country | Value | Quantity | Frequency | Weight |
|---|---|---|---|---|
| CHILE | 840.08M | 3.17B | 1.42K | 1.11B |
| BRAZIL | 723.57M | 1.20B | 573.00 | 713.72M |
| GHANA | 88.75M | 172.23M | 12.00 | 86.12M |
| KENYA | 82.51M | 164.51M | 8.00 | 82.26M |
| PERU | 72.27M | 137.51K | 16.00 | 68.75M |
| PUERTO RICO | ****** | ****** | ****** | ****** |
Get Complete Destination Countries Profile
Action Plan for Petroleum Gases Market Operation and Expansion
- Prioritize long-term volume contracts with Chilean and Brazilian buyers using hs code 2711 trade data to forecast demand, as this secures stable revenue for the bulk-driven Argentina Petroleum Gases export.
- Target high-yield markets like Ghana and Kenya for premium LPG shipments by analyzing their import patterns, which increases profit margins per kilogram beyond regional bulk sales.
- Diversify the Petroleum Gases supply chain with additional shipping options to mitigate reliance on a few key routes, ensuring consistent delivery to both regional and distant markets.
- Benchmark all contract prices against global energy indices to maintain competitiveness, as the hs code 2711 trade data confirms prices are tied to commodities with limited inherent differentiation.
Take Action Now —— Explore Argentina Petroleum Gases Export Data
Frequently Asked Questions
Q1. What is driving the recent changes in Argentina Petroleum Gases Export 2025 Q1?
Argentina's Petroleum Gases exports declined in Q1 2025, with value dropping from $762.89 million in January to $580.03 million in March, alongside falling unit prices ($0.92/kg to $0.86/kg). This reflects subdued global demand, likely due to post-winter inventory adjustments or broader economic cycles affecting bulk energy commodities.
Q2. Who are the main destination countries of Argentina Petroleum Gases (HS Code 2711) 2025 Q1?
Chile (41.9% value share) and Brazil (36.09% value share) dominate, together accounting for over 75% of exports. Ghana and Kenya form a smaller but higher-value cluster, with value shares nearly double their weight shares.
Q3. Why does the unit price differ across destination countries of Argentina Petroleum Gases Export?
Prices vary due to product type: Chile buys bulk natural gas (low-value, $0.72/kg), while Brazil and African markets (e.g., Ghana, Kenya) purchase higher-value liquefied petroleum gases (LPG), priced at $1.04–$1.09/kg or premiums for specialized shipments.
Q4. What should exporters in Argentina focus on in the current Petroleum Gases export market?
Optimize logistics for bulk shipments to Chile/Brazil (cost efficiency) and target premium LPG contracts in Africa (higher yields). The market’s bulk-commodity nature limits pricing power, so volume contracts and cost control are critical.
Q5. What does this Argentina Petroleum Gases export pattern mean for buyers in partner countries?
Chile/Brazil benefit from stable, low-cost bulk supply, while African buyers (e.g., Ghana, Kenya) secure niche LPG shipments at premiums. The concentrated trade flow ensures reliability for regional hubs but offers growth potential for distant high-value markets.
Q6. How is Petroleum Gases typically used in this trade flow?
Exports are primarily bulk natural gas (for energy/industrial use) and liquefied petroleum gases (LPG, for consumer/industrial applications), traded as standardized commodities with minimal value-added processing.
Detailed Monthly Report
Argentina Petroleum Gases Export Market -- HS Code 2711 Trade Data & Price Trend (May 2025)
Argentina's Petroleum Gases (HS Code 2711) Export fell 13% in May 2025, with Chile buying 69% of bulk shipments and Brazil paying premium prices, per yTrade data.
Argentina Petroleum Gases Export Market -- HS Code 2711 Trade Data & Price Trend (Q2 2025)
Argentina's Petroleum Gases (HS Code 2711) exports fell to $435M in Q2 2025, with 70% shipped to Chile and 62% low-margin bulk gas, per yTrade data.
