Argentina Soybean Oil Export Market -- HS Code 1507 Trade Data & Price Trend (Feb 2025)

Argentina Soybean Oil Export (HS 1507) Key Takeaways

Argentina's soybean oil exports under HS code 1507 surged in February 2025, with crude oil dominating 95% of shipments at $2.07/kg, while refined variants commanded higher premiums. Export value jumped 20% month-over-month to $1.28 billion, driven by strong demand from India, which captured 62.63% of total value as the premium refined oil buyer. Buyer data gaps prevent concentration risk assessment, but Chile emerged as the bulk volume handler, absorbing nearly half the weight at lower prices. This analysis covers February 2025 and is based on cleanly processed customs data from the yTrade database.

Argentina Soybean Oil Export (HS 1507) Background

What is HS Code 1507?

HS Code 1507 covers soybean oil and its fractions, whether or not refined, but not chemically modified. This product is a staple in food processing, biodiesel production, and industrial applications, driving consistent global demand due to its versatility and cost-effectiveness. Argentina, as a leading exporter, plays a pivotal role in supplying this commodity to international markets.

Current Context and Strategic Position

In 2025, Argentina implemented permanent reductions in export taxes for soybean oil (HS Code 1507), lowering rates from 31% to 24.5% to enhance competitiveness [FreightAmigo]. This policy shift, coupled with the elimination of export duties on grains and by-products until October 2025, aims to bolster Argentina's soybean oil exports [Aduana News]. Argentina's strategic position as a top global supplier underscores the importance of monitoring HS Code 1507 trade data for market trends and policy impacts. Vigilance is critical as these measures could reshape soybean oil exports from Argentina in 2025 and beyond.

Argentina Soybean Oil Export (HS 1507) Price Trend

Key Observations

In February 2025, Argentina's soybean oil exports under HS code 1507 reached $1.28 billion USD, with a unit price of $2.08 per kg, marking a significant increase from January's $1.07 billion USD and $2.02 per kg. This performance highlights a strong start to the year for the Argentina Soybean oil Export trend.

Price and Volume Dynamics

The hs code 1507 value trend showed robust growth from January to February, with export value rising by 20% month-over-month, driven by a 16% increase in volume and a 3% uptick in unit price. This sequential acceleration aligns with typical post-harvest inventory releases and strengthening global demand for edible oils, as producers capitalized on favorable market conditions to boost shipments.

External Context and Outlook

The export surge was supported by sustained demand from key markets, notably India, where [YTrade] reported Argentina as a leading supplier of refined soybean oil in January 2025. With no major policy shifts affecting exports before February, the outlook remains positive, contingent on ongoing global consumption trends and competitive pricing in major importing regions.

Argentina Soybean Oil Export (HS 1507) HS Code Breakdown

Product Specialization and Concentration

According to yTrade data, Argentina's export under HS Code 1507 in February 2025 is highly concentrated in crude soybean oil, specifically the sub-code for "Vegetable oils; soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified". This product accounts for over 95% of the export value and weight, with a unit price of 2.07 USD per kilogram, indicating its dominance in the market structure.

Value-Chain Structure and Grade Analysis

The remaining exports consist of non-crude soybean oil variants, grouped into refined or further processed forms with unit prices ranging from 1.85 to 3.57 USD per kilogram. This structure points to a trade primarily in fungible bulk commodities, where crude oil is the standard, and refined products represent minor, potentially differentiated grades for specific uses.

Strategic Implication and Pricing Power

Argentina holds significant pricing power in bulk crude soybean oil exports due to its high volume share. Strategic focus should remain on efficient, large-scale production and logistics for crude oil, while the limited refined segment offers opportunities for value addition in niche markets. Analysis of HS Code 1507 trade data confirms this bulk commodity dynamic.

Check Detailed HS Code 1507 Breakdown

Argentina Soybean Oil Export (HS 1507) Destination Countries

Geographic Concentration and Dominant Role

India is the dominant buyer of Argentina's Soybean oil exports for February 2025, taking 62.63% of the total value. This share is more than triple its 19.61% weight share, showing a clear focus on higher-value, refined oil products. Chile is a major volume handler, accounting for 49.33% of the total weight shipped. However, its value share is only 2.45%, indicating these are primarily bulk shipments of crude oil for processing or re-export, not final consumption.

Destination Countries Clusters and Underlying Causes

The data reveals three distinct clusters for Argentina's Soybean oil trade. The High-Yield Cluster is led solely by India, where the massive value-to-weight gap confirms its role as the premium market for processed goods. A Mid-Tier Cluster includes Bangladesh (13.93% value, 4.32% weight), Pakistan (7.65% value, 2.28% weight), and Mozambique (5.83% value, 1.80% weight). These partners show more balanced ratios, suggesting a mix of crude and refined oil imports. The Volume Cluster consists of Chile, Peru (5.35% value, 7.00% weight), and Panama (0.41% value, 6.17% weight). These countries act as logistics hubs, importing large volumes of crude oil.

Forward Strategy and Supply Chain Implications

Argentina's export strategy should prioritize defending its high-margin position in the Indian market for refined Soybean oil. The July 2025 policy that permanently lowered export taxes from 31% to 24.5% is a key advantage for maintaining competitiveness in such premium destinations [USDA]. For the volume-driven partners like Chile, logistics cost optimization is critical. The extension of the export duty elimination on grains and by-products until October 2025 further supports this bulk export strategy by reducing overall costs [Aduana News]. The data for HS Code 1507 shows a healthy, diversified export profile for Argentina's Soybean oil, balancing premium and bulk sales channels effectively.

Table: Argentina Soybean Oil (HS 1507) Top Destination Countries (Source: yTrade)

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Argentina Soybean Oil (HS 1507) Buyers Analysis

Buyer Market Concentration and Dominance

The analysis for Argentina's Soybean oil Export buyers in February 2025 cannot be completed as the required buyer cluster data is missing. According to yTrade data, the four segments of buyers—based on value and frequency—are essential to define the market structure and typical trade patterns for HS code 1507 trade data. Without this data, the dominant cluster and its value share cannot be identified.

Strategic Buyer Clusters and Trade Role

Without the buyer cluster data, the commercial personas and strategic roles of the different buyer groups for Argentina Soybean oil Export remain undefined. The profile of HS code 1507 buyers, whether intermediated, state-controlled, or direct-to-factory, relies on the segmentation by value and frequency, which is not provided in the input.

Sales Strategy and Vulnerability

In the absence of buyer cluster data, no specific sales strategy, risks, or opportunities can be outlined for Argentina's Soybean oil Export market in February 2025. Any strategic implications would depend on the distribution of buyers across the four segments, which is currently unavailable for analysis.

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Action Plan for Soybean Oil Market Operation and Expansion

Strategic Supply Chain Overview

Argentina's Soybean oil Export under hs code 1507 trade data reveals two core price drivers. First, product grade defines value. Crude oil trades as a bulk commodity, while refined oil commands premium prices in specific markets. Second, destination dictates price. India pays more for refined oil, while volume hubs like Chile buy crude oil in bulk.

The Soybean oil supply chain implications are clear. Argentina must maintain a dual-channel strategy. It must secure high-margin sales to India with consistent quality. It must also optimize bulk logistics for volume-driven partners. Recent tax cuts support both goals by lowering export costs.

Action Plan: Data-Driven Steps for Soybean oil Market Execution and Expansion

• Use hs code 1507 trade data to monitor Indian import specifications. Target shipments that meet their refined oil standards. This defends Argentina's high-value market share and protects premium pricing.
• Analyze port and shipping data for routes to Chile and Peru. Identify the most cost-effective logistics partners for bulk crude oil. This reduces supply chain costs for volume-driven exports.
• Track the sub-code data for non-crude soybean oil variants. Actively target buyers in markets like Bangladesh and Pakistan for these products. This unlocks higher margins from value-added exports.
• Monitor policy updates from Argentina's government on export taxes. Adjust pricing models immediately after any change. This maintains competitiveness by reflecting real-time cost structures.
• Secure buyer cluster data as soon as it becomes available. Segment clients by purchase value and frequency. This allows for tailored sales strategies, reducing reliance on any single buyer type.

Take Action Now —— Explore Argentina Soybean oil Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Argentina Soybean oil Export 2025 February?

Argentina's soybean oil exports surged by 20% in value and 16% in volume from January to February 2025, driven by post-harvest inventory releases and strong global demand, particularly from premium markets like India.

Q2. Who are the main destination countries of Argentina Soybean oil (HS Code 1507) 2025 February?

India dominates with 62.63% of export value, followed by Bangladesh (13.93%) and Pakistan (7.65%). Chile handles 49.33% of volume but only 2.45% of value, reflecting bulk crude shipments.

Q3. Why does the unit price differ across destination countries of Argentina Soybean oil Export?

The price gap stems from India’s focus on higher-value refined oil (up to 3.57 USD/kg), while volume-driven markets like Chile primarily import crude oil priced at 2.07 USD/kg.

Q4. What should exporters in Argentina focus on in the current Soybean oil export market?

Exporters should prioritize India’s premium refined oil market and optimize logistics for bulk crude shipments to volume hubs like Chile, leveraging reduced export taxes for competitiveness.

Q5. What does this Argentina Soybean oil export pattern mean for buyers in partner countries?

Buyers in India benefit from stable high-quality supply, while volume clusters like Chile gain cost advantages for re-export or processing due to Argentina’s bulk-focused pricing.

Q6. How is Soybean oil typically used in this trade flow?

Crude soybean oil is traded as a fungible bulk commodity for industrial processing, while refined variants cater to niche food and consumer markets.