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

Argentina Soybean Oil Export (HS 1507) Key Takeaways

Argentina’s soybean oil exports under HS Code 1507 in May 2025 were dominated by refined bulk shipments, with a high-value crude oil anomaly suggesting rare premium opportunities. The market saw a sharp sequential decline to $605.62M after an April peak, signaling volatility tied to demand shifts. Buyer concentration is high, with one dominant cluster driving most transactions, increasing dependency risks. India emerged as the top-value destination, while Chile handled the bulk volume, reflecting a dual trade flow of premium and crude oil. This analysis, covering May 2025, 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. Its trade dynamics are closely tied to agricultural output and commodity price trends.

Current Context and Strategic Position

In January 2025, Argentina dominated India's refined soybean oil imports, accounting for 67% of the value share under HS Code 1507 [ytrade.com]. This highlights Argentina's pivotal role as a key supplier in the global soybean oil trade, leveraging its robust agricultural sector. With shifting trade patterns and competitive pressures, monitoring Argentina's soybean oil export trends under HS Code 1507 trade data remains critical for market stakeholders. The country's export performance will likely influence global pricing and supply chains in the coming months.

Argentina Soybean Oil Export (HS 1507) Price Trend

Key Observations

Argentina's soybean oil exports in May 2025 totaled 605.62 million USD, marking a significant decrease from previous months and highlighting a shift in the hs code 1507 value trend for the year.

Price and Volume Dynamics

The Argentina Soybean Oil Export trend exhibited considerable volatility in early 2025, with exports surging to 1.35 billion USD in April before the sharp drop in May. This sequential decline suggests potential market adjustments, possibly due to seasonal demand fluctuations or inventory cycles following the peak harvest period. The strong performance earlier in the year, including elevated volumes in January and February, aligned with robust global demand, particularly from India where Argentina dominated refined oil supplies as reported in January import data [YTrade]. The May contraction may reflect broader economic factors such as currency shifts or competitive pressures in key import markets.

Argentina Soybean Oil Export (HS 1507) HS Code Breakdown

Product Specialization and Concentration

In May 2025, Argentina's export of Soybean Oil under HS Code 1507 is heavily concentrated in a high-value sub-category, according to yTrade data. The dominating sub-code is 15071000100, described as "Vegetable oils; soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified", which accounts for over 91% of the total export value. However, the unit price for this sub-code is anomalously high at approximately 962 USD per kilogram, indicating potential data misreporting or isolated, specialized shipments that are excluded from the main analysis pool.

Value-Chain Structure and Grade Analysis

The remaining non-anomalous sub-codes can be grouped into two main categories based on value-add stage. The first category is refined soybean oil, represented by sub-code 15079011000 ("other than crude, whether or not refined, but not chemically modified"), which holds a 78% quantity share but only a 5% value share, suggesting it is the bulk, standardized product. The second category includes minor variations like 15079019290, with very small shares, indicating niche or specialized grades. This structure points to a trade in fungible bulk commodities, where the refined oil segment is likely tied to global price indices rather than brand differentiation.

Strategic Implication and Pricing Power

For businesses involved in Argentina's HS Code 1507 export, the market's bulk commodity nature means limited pricing power for the refined oil segment, emphasizing the need for cost leadership and volume efficiency. The anomalous high-value crude oil shipments, while isolated, could hint at potential premium markets, but the strategic focus should remain on optimizing supply chains for the dominant refined product. Analyzing HS Code 1507 trade data reveals that success depends on leveraging Argentina's export strengths in standardized soybean oil while monitoring for rare high-value opportunities.

Table: Argentina HS Code 1507) Breakdown Details (Source: yTrade)

Check Detailed HS Code 1507 Breakdown

Argentina Soybean Oil Export (HS 1507) Destination Countries

Geographic Concentration and Dominant Role

Argentina's Soybean Oil exports in May 2025 show a clear geographic split. Chile was the dominant destination by shipment volume, receiving 64.55% of the total weight. However, India was the most valuable partner, accounting for 56.68% of the total export value. This disparity, where India's value share is massively higher than its weight share, points to a trade flow of higher-value, refined soybean oil. In contrast, Chile's high volume share at a lower value share indicates shipments of bulk, crude oil.

Destination Countries Clusters and Underlying Causes

The trade partners form three distinct clusters. The High-Yield Cluster includes India, Bangladesh, and Peru. These countries have a high value share relative to their weight, confirming demand for premium, processed oil. The Volume Cluster is led solely by Chile, whose immense weight share identifies it as a key hub for bulk crude oil, likely for re-export or further processing. A final Transactional Cluster includes all other countries, such as Morocco and Italy. Their lower frequency and volume shares represent smaller, sporadic purchases of finished oil for direct consumption.

Forward Strategy and Supply Chain Implications

The strategy for Argentina's Soybean Oil exports should focus on two areas. First, the high-value markets in India and Bangladesh must be protected and grown, as they deliver the greatest revenue per kilogram. Second, supply chains for bulk shipments to Chile need optimization for cost efficiency to maintain this large-volume relationship. Logistics planning must account for this dual flow of refined product to premium markets and crude product to a bulk processing hub.

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

In May 2025, the Argentina Soybean Oil Export market showed a concentrated structure, with one buyer cluster holding the highest value share according to yTrade data. This dominant group typically engages in large, frequent transactions, defining the standard trade pattern for hs code 1507 trade data. The median characteristics point to consistent, high-volume exchanges among Argentina Soybean Oil Export buyers.

Strategic Buyer Clusters and Trade Role

The remaining clusters include buyers with high value but low frequency, low value but high frequency, and low value with low frequency. The dominant hs code 1507 buyer profile indicates an intermediated market, where trading companies regularly handle bulk shipments. This suggests that the Argentina Soybean Oil Export trade is largely agent-driven, with these entities facilitating most transactions.

Sales Strategy and Vulnerability

For exporters in Argentina, the buyer structure calls for a focus on nurturing relationships with high-value clusters to secure stable demand. The main risk is dependency on a few key buyers, but diversifying into other segments can mitigate this. As supported by news that Argentina leads in value for refined oil exports to markets like India [ytrade.com], the sales approach should emphasize reliability and quality to capitalize on this strong position. Understanding the four segments of buyers helps tailor strategies to reduce vulnerability.

Check Full Soybean Oil Buyer lists

Action Plan for Soybean Oil Market Operation and Expansion

• Prioritize shipments to high-value markets like India and Bangladesh, as Argentina's Soybean Oil Export data shows they deliver the highest revenue per kilogram.
• Optimize the Soybean Oil supply chain for bulk, cost-efficient shipments to Chile to maintain volume and secure this key processing hub relationship.
• Use hs code 1507 trade data to identify and nurture relationships with high-value, high-frequency buyers to ensure stable demand and reduce dependency risks.
• Monitor the hs code 1507 trade data for rare, high-value crude oil shipments to identify potential niche markets and premium pricing opportunities.
• Track import policies in key destinations like India using hs code 1507 trade data to anticipate geopolitical shifts and protect high-yield revenue streams.

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 May?

Argentina's soybean oil exports dropped sharply to 605.62 million USD in May 2025 after a surge in April, likely due to seasonal demand shifts or inventory adjustments post-harvest. The volatility reflects broader market dynamics, including competitive pressures in key markets like India.

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

India was the top value partner (56.68% share), while Chile dominated volume (64.55% share). Bangladesh and Peru also formed a high-yield cluster, emphasizing demand for refined oil.

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

The price gap stems from product specialization: India imports refined oil (higher value), while Chile receives bulk crude oil. Anomalous shipments of crude oil at 962 USD/kg skewed averages but were excluded from main analysis.

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

Prioritize high-value markets like India and Bangladesh while optimizing bulk supply chains for Chile. Strengthen relationships with dominant buyer clusters to mitigate dependency risks.

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

Buyers in India benefit from reliable refined oil supplies, while Chile acts as a bulk processing hub. Smaller markets face sporadic access, highlighting the need for diversified sourcing.

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

Refined oil serves direct consumption (e.g., cooking), while crude oil is often reprocessed or re-exported. The trade is dominated by standardized bulk commodities with limited product differentiation.