Argentina Soybean Oil Export Market -- HS Code 1507 Trade Data & Price Trend (Q3 2025)

Argentina Soybean Oil Export (HS 1507) Key Takeaways

Argentina's soybean oil exports under HS Code 1507 in Q3 2025 were dominated by crude oil, accounting for over 80% of shipments, with refined variants fetching marginally higher prices. The market showed resilience, recovering from mid-year lows as export duty cuts boosted competitiveness, particularly for high-value shipments to India, which captured 45% of export value. India's premium demand contrasts with bulk-focused markets like the Dominican Republic, highlighting a strategic split between quality-driven and volume-driven buyers. This analysis is based on cleanly processed Customs data from the yTrade database for Q3 2025.

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. It is a staple in food processing, biodiesel production, and industrial applications, driving consistent global demand due to its versatility and cost-effectiveness.

Current Context and Strategic Position

Argentina's Soybean oil Export dynamics shifted in 2025 as the government reduced export duties on soybean oil from 31% to 24.5% [efeedlink], followed by a temporary tax-free policy on soybean oil exports [sunsirs]. These measures strengthened Argentina’s position as India’s dominant supplier, accounting for 66.92% of its HS Code 1507 imports in early 2025 [ytrade]. With competitive pricing and policy tailwinds, Argentina’s trade data for HS Code 1507 remains critical for global market monitoring.

Argentina Soybean Oil Export (HS 1507) Price Trend

Key Observations

Argentina's Soybean oil export trend in Q3 2025 demonstrated resilience with values of 767.36 million USD in August and 812.46 million USD in September, signaling a recovery from mid-year lows despite quarterly volatility.

Price and Volume Dynamics

The hs code 1507 value trend peaked in April at 1.35 billion USD before declining to 605.62 million USD in May, likely influenced by seasonal harvest pressures and pre-policy uncertainty. Sequential growth emerged in June (842.37 million USD) and continued into Q3, bolstered by Argentina's August export duty reduction to 24.5%, which enhanced competitiveness amid strong global demand, particularly from key markets like India [Efeedlink]. This policy shift supported the upward momentum, aligning with typical post-harvest export cycles and reinforcing the market's adaptive response to fiscal incentives.

Argentina Soybean Oil Export (HS 1507) HS Code Breakdown

Product Specialization and Concentration

In Q3 2025, Argentina's export under HS Code 1507 is sharply focused on crude soybean oil, with the sub-code for crude, whether or not degummed, dominating the market. According to yTrade data, this product holds over 80% of the total export value, with a unit price around $0.99 per kilogram, indicating its central role. An anomaly with an extremely low unit price in another sub-code has been isolated from the main analysis pool due to its irregular pricing.

Value-Chain Structure and Grade Analysis

The non-anomalous exports split into two clear categories: crude soybean oil and refined or processed variants. Crude oil forms the bulk, while the refined oils, including those not chemically modified, show slightly higher unit prices up to $1.10 per kilogram. This structure points to a trade in fungible bulk commodities, where products are largely standardized and priced based on basic quality grades rather than significant differentiation.

Strategic Implication and Pricing Power

For market players, Argentina's HS Code 1507 export data suggests that pricing power resides mainly with high-volume crude oil shipments, while refined oils offer marginal premium opportunities. Strategically, exporters should prioritize crude oil for market share and cost efficiency, with limited investment in value-added processing due to the commodity nature of the trade.

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 dominant destination for Argentina's Soybean oil exports in Q3 2025, accounting for 44.92% of the total export value. The value share is significantly higher than the quantity share of 15.60%, indicating that Argentina exports higher-grade or refined versions of Soybean oil to India, likely commanding premium prices. The frequency share of 18.51% aligns closely with the quantity share, suggesting stable shipment patterns without excessive fragmentation.

Destination Countries Clusters and Underlying Causes

The top destinations can be grouped into two clusters based on trade profiles. The High-Yield Cluster includes India, Canada, Venezuela, Nigeria, Morocco, Bangladesh, Angola, and China Mainland, where value shares exceed quantity shares, pointing to demand for premium Soybean oil variants. The Volume Cluster features the Dominican Republic, where the quantity share of 3.48% surpasses the value share of 2.61%, indicating bulk or lower-grade oil shipments, possibly for processing or mass consumption. This disparity may stem from regional preferences for cost-effective oil in the Dominican Republic, while other markets prioritize quality.

Forward Strategy and Supply Chain Implications

Argentina should focus on maintaining and expanding high-margin exports to the High-Yield Cluster, particularly India, by ensuring consistent quality and competitive pricing. The reduction in export duties for Soybean oil in August 2025, as reported by [m.efeedlink.com], likely enhanced competitiveness during Q3, supporting value-driven trade. For the Volume Cluster like the Dominican Republic, optimizing logistics for cost-efficient bulk shipments could secure volume-based market share. Monitoring HS Code 1507 trade data will help adapt to shifting global demand for Argentina's Soybean oil exports.

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 high-margin crude oil shipments to premium markets like India, as Argentina's Soybean oil Export data shows they deliver superior value per kilogram, securing higher returns from the Soybean oil supply chain.
• Optimize logistics for bulk, cost-efficient shipments to volume-driven destinations like the Dominican Republic, using hs code 1507 trade data to align freight and packaging with their demand for lower-grade oil.
• Monitor and leverage trade policy changes, such as Argentina's recent export duty reduction, to maintain competitive pricing in all markets, as this directly impacts the final landed cost for buyers.
• Use hs code 1507 trade data to balance production between high-volume crude and value-added refined oils, ensuring you capitalize on consistent bulk demand while capturing available price premiums.

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 Q3?

Argentina's Soybean oil exports rebounded in Q3 2025, reaching $812.46 million in September, supported by an August export duty reduction to 24.5%. This policy enhanced competitiveness amid strong demand from key markets like India, aligning with post-harvest export cycles.

Q2. Who are the main destination countries of Argentina Soybean oil (HS Code 1507) 2025 Q3?

India dominates with 44.92% of export value, followed by Canada, Venezuela, Nigeria, and others in the High-Yield Cluster. The Dominican Republic represents the Volume Cluster, prioritizing bulk shipments.

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

Price differences stem from product grades: crude soybean oil (80% of exports, ~$0.99/kg) ships to volume markets, while refined variants (up to $1.10/kg) target premium destinations like India.

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

Exporters should prioritize high-margin crude oil shipments to India and other High-Yield Cluster markets, leveraging duty reductions. Bulk shipments to the Dominican Republic require cost-optimized logistics.

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

Buyers in India and similar markets benefit from stable premium-grade supply, while volume-focused buyers (e.g., Dominican Republic) gain cost-efficient bulk oil for processing or mass consumption.

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

Argentina’s exports are primarily fungible bulk commodities, with crude oil for industrial use and refined variants for higher-end food or consumer applications.

Detailed Monthly Report

Argentina HS1507 Export Snapshot 2025 JUL

Argentina HS1507 Export Snapshot 2025 SEP