Argentina Soybean Oil Export Market -- HS Code 150710 Trade Data & Price Trend (Jan 2025)

Argentina Soybean Oil Export (HS 150710) Key Takeaways

Argentina's soybean oil exports under HS code 150710 in January 2025 totaled $989.53 million, with a stable unit price of $2.02/kg, reflecting steady post-harvest demand for its crude, undifferentiated product. The market remains highly concentrated, with India accounting for nearly 50% of exports and commanding a slight premium, while Bangladesh and Peru form a secondary bulk-buyer cluster. This commodity-driven trade leaves Argentina exposed to global price fluctuations, requiring cost efficiency over differentiation. Based on cleanly processed Customs data from the yTrade database, this analysis confirms Argentina's role as a bulk supplier in January 2025.

Argentina Soybean Oil Export (HS 150710) Background

What is HS Code 150710?

HS Code 150710 refers to soya-bean oil and its fractions, whether refined or not, but not chemically modified. This product is a key commodity in global trade, widely used in food processing, biodiesel production, and industrial applications. Its demand is driven by its versatility as a cooking oil and its role in renewable energy sectors, making it a stable and significant export for producing nations.

Current Context and Strategic Position

According to the latest Argentina Trade data [WITS Data], the country remains a major player in the global soybean oil market. Argentina's soybean oil export is strategically important due to its high production capacity and competitive pricing. The country's trade policies and global commodity trends directly influence its export performance under HS Code 150710. Given its reliance on agricultural exports, monitoring Argentina's trade data is critical for stakeholders navigating this volatile market. Vigilance is essential to anticipate shifts in demand, tariffs, or supply chain disruptions affecting this key commodity.

Argentina Soybean Oil Export (HS 150710) Price Trend

Key Observations

In January 2025, Argentina's soybean oil exports under HS code 150710 reached 989.53 million USD, with a unit price of 2.02 USD per kg, marking a robust start to the year.

Price and Volume Dynamics

The Argentina Soybean oil Export trend in January 2025 shows steady performance, building on the momentum from late 2024 as indicated by general trade data from [WITS Data]. This stability aligns with post-harvest export cycles typical for soybean products, where processed oils flow steadily to meet global demand, supported by Argentina's role as a key supplier. The hs code 150710 value trend reflects consistent market activity without significant price volatility, suggesting balanced supply and demand dynamics early in the year.

Argentina Soybean Oil Export (HS 150710) HS Code Breakdown

Product Specialization and Concentration

According to yTrade data for January 2025, the export market for HS Code 150710 from Argentina is entirely concentrated in a single product: crude soybean oil, specifically soya-bean oil and its fractions that are crude and not chemically modified. This sub-code accounts for 100% of the value and weight exported, with a unit price of 2.02 USD per kilogram, indicating a highly specialized and undiversified trade flow without any significant price anomalies.

Value-Chain Structure and Grade Analysis

The structure of Argentina's HS Code 150710 export is characterized by a single, low-value-add product category: crude vegetable oils. This lack of variation suggests a trade in fungible bulk commodities, where products are standardized and likely priced against global indices rather than being differentiated by quality or processing stage. The absence of refined or higher-grade variants points to a market focused on raw material exports without significant value addition.

Strategic Implication and Pricing Power

For market players, this structure implies limited pricing power due to the commodity nature of the exports, tying Argentina's soybean oil trade closely to international price fluctuations. Strategic focus should remain on cost efficiency and volume optimization to compete effectively, rather than pursuing product differentiation. Analyzing HS Code 150710 trade data reveals that Argentina's export strategy under this code is centered on bulk commodity sales, requiring attention to global market trends for sustained performance.

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Argentina Soybean Oil Export (HS 150710) Destination Countries

Geographic Concentration and Dominant Role

India is the dominant destination for Argentina's Soybean oil exports in January 2025, taking nearly half (49.65%) of the total export value. The country's value share is slightly higher than its weight share (49.61%), indicating its purchases command a marginally higher unit price. This small premium suggests demand for a higher-grade or more refined variant of the product from this key market.

Destination Countries Clusters and Underlying Causes

The export profile reveals two distinct clusters beyond the dominant partner. Bangladesh and Peru form a high-volume cluster, collectively accounting for over a third of the total export weight. Their significant tonnage points to their roles as major bulk consumers or regional processing hubs for this commodity. A second, transactional cluster includes Pakistan, Mozambique, Angola, Venezuela, and Colombia. These partners show a higher frequency of shipments relative to their lower volume shares, which is typical for smaller, regular orders supplying regional retail markets or just-in-time food manufacturing supply chains.

Forward Strategy and Supply Chain Implications

For Argentina's Soybean oil trade, the strategy should focus on two areas. First, maintaining the premium pricing relationship with the high-value Indian market is crucial for maximizing returns on HS Code 150710 exports. Second, supply chain logistics should be optimized for the high-volume shipments to Bangladesh and Peru to ensure cost-efficient and reliable delivery for these bulk buyers. This dual approach will help solidify Argentina's position in the global vegetable oil trade.

Table: Argentina Soybean Oil (HS 150710) Top Destination Countries (Source: yTrade)

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Action Plan for Soybean Oil Market Operation and Expansion

• Use hs code 150710 trade data to track and benchmark against global soybean oil indices, ensuring Argentina's Soybean oil Export prices remain competitive and aligned with the commodity's market value.
• Prioritize and streamline logistics for bulk shipments to Bangladesh and Peru to strengthen the Soybean oil supply chain, ensuring cost-efficiency and reliability for high-volume buyers.
• Analyze shipment frequency data for transactional partners like Pakistan and Colombia to anticipate demand cycles and optimize inventory, preventing stockouts or overstock in regional markets.
• Explore value-addition strategies for the Soybean oil supply chain, such as developing refined product lines, to reduce reliance on bulk crude exports and capture higher margins.

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 January?

Argentina's soybean oil exports in January 2025 show steady performance, with a unit price of 2.02 USD/kg, reflecting balanced supply and demand dynamics. The stability aligns with post-harvest export cycles, reinforcing Argentina's role as a key global supplier of bulk commodity-grade crude soybean oil.

Q2. Who are the main destination countries of Argentina Soybean oil (HS Code 150710) 2025 January?

India dominates with 49.65% of export value, followed by Bangladesh and Peru as high-volume buyers. A transactional cluster includes Pakistan, Mozambique, Angola, Venezuela, and Colombia, which place smaller but frequent orders.

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

India commands a marginally higher unit price, likely due to demand for slightly higher-grade crude soybean oil. Other markets purchase standardized bulk commodities, keeping prices aligned with global indices.

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

Exporters should prioritize maintaining premium pricing with India while optimizing logistics for high-volume shipments to Bangladesh and Peru. Cost efficiency is critical due to the commodity nature of the product.

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

Buyers in India benefit from consistent premium-grade supply, while bulk buyers like Bangladesh and Peru secure cost-effective raw materials. Smaller markets rely on reliable, frequent shipments for regional retail or manufacturing needs.

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

Argentina's exports under HS Code 150710 are exclusively crude soybean oil, used as a raw material in food manufacturing, cooking oil production, or further processing into refined products.