Argentina Soybean Oil Export Market -- HS Code 1507 Trade Data & Price Trend (Q2 2025)

Argentina Soybean Oil Export (HS 1507) Key Takeaways

Argentina's Soybean Oil exports under HS Code 1507 in Q2 2025 were dominated by crude oil, accounting for 83% of export value, with India as the top destination (44.55% value share). The market showed high volatility, peaking at $1.35B in April before dropping sharply in May. Argentina holds pricing power in bulk crude exports but faces competitive dynamics in refined products. This analysis, based on cleanly processed Customs data from the yTrade database, highlights the commodity's sensitivity to global trade flows and India's role as a bulk buyer.

Argentina Soybean Oil Export (HS 1507) Background

What is HS Code 1507?

HS Code 1507 covers soybean oil and its fractions, whether refined or unrefined, 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 affordability. Its trade dynamics are closely tied to agricultural output and processing capabilities in key producing regions.

Current Context and Strategic Position

In January 2025, Argentina dominated India’s refined soybean oil imports, accounting for 67% of the value under HS Code 1507 [ytrade.com]. This highlights Argentina’s critical role as a top exporter, leveraging its robust soybean processing infrastructure. With global demand for edible oils remaining strong, Argentina’s soybean oil exports are strategically positioned to capitalize on shifting trade flows. Monitoring hs code 1507 trade data is essential to assess market opportunities and competitive pressures in Q2 2025.

Argentina Soybean Oil Export (HS 1507) Price Trend

Key Observations

Argentina's soybean oil export trend under HS code 1507 in Q2 2025 exhibited high volatility, with total value reaching 1.35 billion USD in April, dropping sharply to 605.62 million USD in May, and partially recovering to 842.37 million USD in June.

Price and Volume Dynamics

The Argentina Soybean Oil Export trend built upon momentum from early 2025, where values rose from January to February before easing in March. The April surge reflects sustained demand from major importers like India, where Argentina dominated refined oil supply as of January [ytrade.com]. The subsequent May contraction likely stemmed from inventory adjustments or seasonal demand shifts in key markets, with June's rebound signaling renewed procurement cycles ahead of typical post-harvest activity periods. This hs code 1507 value trend underscores the commodity's sensitivity to global agricultural trade flows and importer stockpiling behaviors.

Argentina Soybean Oil Export (HS 1507) HS Code Breakdown

Product Specialization and Concentration

According to yTrade data for 2025 Q2, Argentina's export of Soybean Oil under HS Code 1507 is overwhelmingly dominated by crude soybean oil, specifically the product described as crude, whether or not degummed, not chemically modified. This sub-code accounts for over 83% of the export value and 96% of the weight, with a unit price of 3.66 USD per kilogram. Minor sub-codes with extremely low shipment frequencies and values, such as those for other non-crude varieties, are isolated anomalies and not part of the main analysis due to their negligible impact.

Value-Chain Structure and Grade Analysis

The remaining non-anomalous sub-codes can be grouped into two main categories based on processing stage: crude soybean oil and refined or other non-crude soybean oil. The refined category includes products that are not crude but may be refined, with unit prices ranging up to 4.91 USD per kilogram, indicating a slight premium over crude. This structure confirms that HS Code 1507 trade from Argentina is primarily focused on bulk, fungible commodities, with pricing likely tied to global indices rather than product differentiation.

Strategic Implication and Pricing Power

For market players, Argentina's strong position in crude soybean oil exports under HS Code 1507 suggests significant pricing power in this segment, driven by high volume and concentration. However, the refined category shows lower volume and higher unit prices, indicating potential for value addition but with more competitive dynamics. Strategic focus should remain on optimizing crude oil production and export efficiencies, while exploring opportunities in refined products to capture higher margins. Analysis of HS Code 1507 trade data highlights the importance of monitoring global commodity trends for pricing strategies.

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

INDIA is the top destination for Argentina's Soybean Oil exports in Q2 2025, with a 44.55% value share and a 49.25% weight share. The weight share is higher than the value share, indicating that shipments to India are bulk-oriented, likely consisting of crude or lower-grade oil. The frequency share is 15.39%, reflecting steady, large-volume trade rather than fragmented shipments. Other significant destinations include Bangladesh and Canada, but India dominates the market structure for HS Code 1507 trade.

Destination Countries Clusters and Underlying Causes

The export destinations cluster into three groups based on trade patterns. First, the volume cluster includes India, Bangladesh, and Peru, with high weight and value shares, suggesting large-scale imports for processing or domestic consumption. Second, Chile forms a transactional cluster with a very high frequency share of 51.63% but low value and weight, indicating small, frequent shipments, possibly for retail or regional distribution networks. Third, countries like Canada and China Mainland have notable value shares without weight data, pointing to potential higher-value product demand, while others like Morocco and South Korea show balanced trade profiles.

Forward Strategy and Supply Chain Implications

For forward strategy, Argentina should prioritize high-value markets like Canada and China to maximize returns, while optimizing logistics for bulk shipments to volume clusters such as India and Bangladesh to reduce costs. The high frequency to Chile requires efficient handling of small consignments to support regional distribution. Historical context shows Argentina as a key supplier of refined Soybean Oil to India [ytrade.com], reinforcing the need to maintain quality and explore premium product opportunities in target markets.

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

Get Complete Destination Countries Profile

Action Plan for Soybean Oil Market Operation and Expansion

• Prioritize shipments of higher-value refined oil to markets like Canada and China to capitalize on their premium unit prices, as this directly boosts the overall profitability of the Argentina Soybean Oil Export portfolio.
• Optimize bulk shipping logistics for high-volume destinations like India and Bangladesh to reduce per-unit freight costs, securing your competitive advantage within the Soybean Oil supply chain for major buyers.
• Streamline handling and documentation processes for high-frequency, low-volume shipments to countries like Chile to maintain operational efficiency and protect margins on smaller orders.
• Continuously monitor global commodity indices and hs code 1507 trade data to anticipate price fluctuations, enabling you to time your export contracts to maximize revenue.
• Explore partnerships with local crushers or invest in refining capacity to create more value-added products, diversifying your offerings beyond bulk crude oil to capture higher margins in target markets.

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 Q2?

The volatility in Argentina's Soybean Oil exports is driven by fluctuating demand from key markets like India, with April's surge (1.35B USD) followed by a May contraction (605.62M USD) due to inventory adjustments, and a June rebound (842.37M USD) signaling renewed procurement cycles.

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

India dominates with a 44.55% value share, followed by Bangladesh and Canada, reflecting bulk-oriented trade to India and potential higher-value demand in Canada.

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

Price differences stem from product grades: crude soybean oil (83% of exports, 3.66 USD/kg) dominates bulk shipments, while refined variants (up to 4.91 USD/kg) command slight premiums in select markets.

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

Exporters should prioritize high-volume efficiency for bulk buyers like India while exploring refined product opportunities in premium markets (e.g., Canada) to capture higher margins.

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

Buyers in India benefit from stable bulk supply, while those in Canada/China can access higher-value refined oil, though with more competitive dynamics.

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

Argentina’s exports are primarily crude soybean oil for industrial processing or domestic consumption, with minor refined volumes likely for retail or specialized uses.

Detailed Monthly Report

Argentina HS1507 Export Snapshot 2025 APR

Argentina HS1507 Export Snapshot 2025 MAY

Argentina HS1507 Export Snapshot 2025 JUN