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

Argentina's Soybean Oil (HS Code 1507) exports surged to $812.46M in Sept 2025, with India driving 41.9% of value. Data sourced from yTrade.

Argentina Soybean Oil Export (HS 1507) Key Takeaways

Argentina's Soybean Oil exports under HS Code 1507 in September 2025 were dominated by high-value crude oil, with India as the premium market—accounting for 41.9% of export value despite just 14.3% of volume. The trade rebounded to $812.46M after mid-year disruptions, stabilizing post-policy shifts that eliminated export duties. Supplier concentration in crude oil grants Argentina pricing power, while refined products remain a minor but growth-ready segment. This analysis, covering September 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. 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 market is navigating policy shifts, with the government reinstating higher export duties in July 2025 [UKR Agroconsult], followed by a temporary elimination of duties until October 2025 [Aduana News]. As a top global supplier, Argentina's trade policies directly impact hs code 1507 trade data, influencing prices and supply chains. Market participants must monitor these dynamics closely, given Argentina's pivotal role in soybean oil exports from Argentina.

Argentina Soybean Oil Export (HS 1507) Price Trend

Key Observations

Argentina's Soybean Oil exports in September 2025 reached $812.46M USD, marking a steady recovery in the hs code 1507 value trend following mid-year disruptions.

Price and Volume Dynamics

The Argentina Soybean Oil Export trend exhibited significant volatility through 2025, with values surging to $1.35B in April before dropping sharply to $605.62M in May. A partial rebound to $842.37M in June was interrupted by a complete halt in July, coinciding with Argentina's reinstatement of higher export duties that month [Argentina reinstates higher export duties]. The subsequent policy shift to eliminate duties in September [Argentina eliminates export duties] fueled a sequential recovery, with August and September values stabilizing near $767-812M, aligning with typical post-harvest export cycles and enhanced global competitiveness driven by tariff adjustments.

Argentina Soybean Oil Export (HS 1507) HS Code Breakdown

Product Specialization and Concentration

According to yTrade data for September 2025, Argentina's export under HS Code 1507 is dominated by crude soybean oil, specifically the sub-code for "Vegetable oils; soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified," which holds over three-quarters of the export value despite accounting for only about a quarter of the weight, indicating a significantly higher unit price near 1.00 USD per kilogram. An anomaly is present with another sub-code showing an extremely low unit price of approximately 0.02 USD per kilogram, which is isolated from the main analysis due to its outlier nature.

Value-Chain Structure and Grade Analysis

The non-anomalous sub-codes fall into two clear categories based on processing stage: crude soybean oil and refined soybean oil (other than crude). The crude oil category commands the majority of value and weight, pointing to a market structure centered on fungible bulk commodities that are likely tied to global price benchmarks. The refined oil products, while present, have lower shares, suggesting limited value-add differentiation in this export mix.

Strategic Implication and Pricing Power

This concentration in crude oil grants Argentina strong pricing power for HS Code 1507 exports, allowing suppliers to leverage quality and volume for premium returns. Strategic focus should remain on optimizing crude oil production and logistics to maintain competitive advantage, while the refined segment offers potential for growth through processing upgrades or market diversification, though it currently plays a minor role in overall trade dynamics.

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

HS CodeProduct DescriptionValueFrequencyQuantityWeight
150710*****Vegetable oils; soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified628.85M195.00626.74K0.00
150790*****Vegetable oils; soya-bean oil and its fractions, other than crude, whether or not refined, but not chemically modified156.43M23.00159.73K0.00
150790*****Vegetable oils; soya-bean oil and its fractions, other than crude, whether or not refined, but not chemically modified25.35M333.001.58M0.00
1507******************************************

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 September 2025, accounting for 41.90% of the total export value. However, India's quantity share is only 14.30%, indicating a significant disparity where value share exceeds quantity share by over 27 percentage points. This gap suggests strong demand for higher-grade or refined Soybean Oil from India, as buyers pay premium prices per unit. The high frequency of shipments at 18.36% supports consistent trade flows but does not indicate small-ticket transactions, as value dominance points to bulk premium orders.

Destination Countries Clusters and Underlying Causes

The export partners form three clear clusters based on trade profiles. The High-Yield Cluster includes India and Canada, where value shares (41.90% and 14.66%) greatly exceed quantity shares (14.30% and 5.12%), reflecting markets that prioritize quality and refined oil variants. The Volume-Transactional Cluster is led by the Dominican Republic, with a quantity share of 4.28% surpassing its value share of 2.28%, coupled with a high frequency of 5.53%, indicating bulk purchases of lower-grade oil with frequent, likely cost-efficient shipments. The Other Markets cluster, comprising Peru, Venezuela, China, Bangladesh, Mozambique, Angola, and Nigeria, shows smaller shares but consistent value-over-quantity patterns, pointing to niche premium demand across diverse regions.

Forward Strategy and Supply Chain Implications

Argentina should focus on capturing high-margin opportunities in the High-Yield Cluster, particularly in India and Canada, by maintaining quality standards for refined Soybean Oil. For the Volume-Transactional Cluster, optimizing logistics and cost structures can enhance competitiveness in bulk markets like the Dominican Republic. Recent policy changes, such as the elimination of export duties until October 2025 [Aduana News], support reduced export costs during this period, potentially boosting overall HS Code 1507 trade performance. Leveraging this can help Argentina stabilize and grow its Soybean Oil export footprint.

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

CountryValueQuantityFrequencyWeight
INDIA340.43M339.30K103.00N/A
CANADA119.13M121.50K17.00N/A
PERU56.00M124.86K26.00N/A
VENEZUELA42.47M41.50K6.00N/A
CHINA MAINLAND31.44M30.00K6.00N/A
BANGLADESH************************

Get Complete Destination Countries Profile

Action Plan for Soybean Oil Market Operation and Expansion

  • Prioritize high-margin crude oil shipments to India and Canada using hs code 1507 trade data to target buyers paying premium prices, because this maximizes returns per kilogram for Argentina Soybean Oil Export.
  • Streamline the Soybean Oil supply chain for bulk shipments to volume-driven markets like the Dominican Republic by optimizing port logistics and shipment frequency, as this reduces operational costs and strengthens competitiveness.
  • Monitor and leverage the temporary elimination of export duties until October 2025 to accelerate shipments and lock in contracts, since this policy directly lowers costs and boosts profitability for hs code 1507 trade.
  • Diversify into refined oil products for niche markets in Peru, Venezuela, and Bangladesh by analyzing buyer demand patterns, to capture additional value and reduce reliance on bulk crude oil exports.

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 September?

Argentina's Soybean Oil exports rebounded to $812.46M in September 2025 after a mid-year drop, fueled by the elimination of export duties and alignment with post-harvest cycles.

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

India dominates with 41.90% of export value, followed by Canada (14.66%) and the Dominican Republic (2.28%), forming distinct trade clusters.

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

Price gaps stem from product specialization: India and Canada pay premiums for refined oil, while the Dominican Republic focuses on bulk crude oil at lower unit prices.

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

Exporters should prioritize high-margin markets like India and Canada for refined oil, while optimizing logistics for bulk buyers like the Dominican Republic.

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

Buyers in India and Canada secure premium-grade oil, while volume-driven markets like the Dominican Republic benefit from cost-efficient crude oil shipments.

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

Argentina primarily exports crude soybean oil as a bulk commodity, with refined oil serving niche premium markets like India for food and industrial applications.

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