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

Argentina Soybean Oil Export (HS 150710) Key Takeaways

Argentina’s Soybean Oil exports under HS Code 150710 in May 2025 were entirely crude, unmodified oil, reflecting a commodity-driven market with no product differentiation. Shipments plummeted to $552.31 million after a volatile April surge, signaling sharp price sensitivity to global demand cycles. India dominated as the primary bulk buyer, accounting for 62% of exports, while niche markets like Italy and South Korea showed potential for premium products. This analysis, covering May 2025, is based on cleanly processed Customs data from the yTrade database.

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 staple in global food production, used extensively in cooking oils, processed foods, and biodiesel. Its demand remains stable due to its versatility and affordability, making it a critical commodity in international trade.

Current Context and Strategic Position

According to [WITS Data], Argentina's trade dynamics, including soybean oil exports, are closely monitored due to their impact on global markets. As one of the world's top exporters of soybean oil (HS Code 150710), Argentina plays a pivotal role in meeting global demand, particularly from food and biofuel industries. The country's export performance is influenced by both domestic production cycles and international price trends, necessitating ongoing market vigilance. Tracking Argentina's soybean oil export data under HS Code 150710 trade data is essential for stakeholders navigating this volatile yet strategically significant market.

Argentina Soybean Oil Export (HS 150710) Price Trend

Key Observations

In May 2025, Argentina's Soybean Oil exports recorded a total value of 552.31 million USD, representing a sharp contraction from the previous month's performance.

Price and Volume Dynamics

The Argentina Soybean Oil Export trend exhibited significant volatility through early 2025, with exports surging to 1.28 billion USD in April before the steep May decline. This pattern reflects underlying supply chain dynamics, potentially influenced by post-harvest logistical adjustments or shifts in global demand cycles common to agricultural commodities. The hs code 150710 value trend suggests that market conditions remained fluid, possibly due to macro-economic factors like currency fluctuations or competitive pricing pressures in key import regions.

Argentina Soybean Oil Export (HS 150710) HS Code Breakdown

Product Specialization and Concentration

According to yTrade data for May 2025, Argentina's export under HS Code 150710 is entirely dominated by a single product: crude soybean oil, not chemically modified. This sub-code holds a 100% share in both value (552.31 million USD) and quantity (574.30 thousand units), indicating a highly concentrated market with no unit price data available for disparity analysis.

Value-Chain Structure and Grade Analysis

The breakdown of HS Code 150710 trade data reveals a uniform structure focused solely on crude, unmodified soybean oil. This product is traded as a bulk commodity, typically fungible and price-linked to global indices, with no variation in value-add stages or quality grades within this export segment.

Strategic Implication and Pricing Power

The lack of product differentiation in Argentina's HS Code 150710 export limits pricing power for market players, as prices are driven by commodity market forces. Strategic efforts should prioritize operational efficiency and monitoring global supply-demand cycles to capitalize on timing opportunities.

Check Detailed HS Code 150710 Breakdown

Argentina Soybean Oil Export (HS 150710) Destination Countries

Geographic Concentration and Dominant Role

India is the clear leader for Argentina's Soybean Oil exports in May 2025. It accounts for 62.15% of the total export value and 62.09% of the quantity. This near-perfect alignment between value and volume shares confirms India's role as the primary bulk buyer. The high transaction frequency (58.28% of all shipments) further solidifies its position as a stable, high-volume destination for this commodity.

Destination Countries Clusters and Underlying Causes

The export landscape forms two distinct clusters. The first is a volume-driven group, including Bangladesh (9.66% value, 9.67% quantity), Peru (7.16% value, 7.14% quantity), Morocco (5.24% value, 5.23% quantity), and Mozambique (4.16% value, 4.18% quantity). These partners mirror India's profile, engaging in bulk purchases of standard-grade oil. A second, smaller cluster consists of niche buyers like China Mainland, Italy, and South Korea. Their lower volume shares relative to value suggest potential demand for more specialized or higher-value soybean oil products.

Forward Strategy and Supply Chain Implications

For Argentina's Soybean Oil trade, the strategy is two-fold. The priority is to ensure supply chain efficiency and reliability for high-volume partners like India to protect this dominant market share. Concurrently, there is an opportunity to develop higher-margin products for the niche cluster. Exploring the specific needs of buyers in Italy and South Korea, where value slightly leads volume, could help capture premium pricing and diversify the export base for HS Code 150710.

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

Get Complete Destination Countries Profile

Action Plan for Soybean Oil Market Operation and Expansion

• Secure long-term contracts with high-volume buyers like India using hs code 150710 trade data to lock in stable demand and ensure consistent operation of the entire Soybean Oil supply chain.
• Develop a premium, higher-margin product variant by analyzing the specific needs of niche buyers in Italy and South Korea to diversify the Argentina Soybean Oil export portfolio beyond bulk commodity sales.
• Optimize shipping and logistics scheduling by monitoring transaction frequency in the trade data to align with buyer purchase cycles, reducing demurrage costs and improving supply chain reliability.
• Hedge price risk on global futures markets by tracking the commodity indices that drive pricing for this undifferentiated product, protecting margins from volatile swings.
• Continuously monitor competitor export data for HS Code 150710 to anticipate global supply shifts and adjust sales strategy proactively, securing Argentina's market share.

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 552.31 million USD in May 2025 after a surge to 1.28 billion USD in April, reflecting volatile commodity market cycles and potential post-harvest supply chain adjustments.

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

India dominates with 62.15% of export value, followed by Bangladesh (9.66%) and Peru (7.16%), forming a bulk-buyer cluster. Niche markets like Italy and South Korea show slightly higher value-to-volume ratios.

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

All exports under HS Code 150710 are crude, unmodified soybean oil, a uniform bulk commodity. Price differences likely stem from global index linkages or logistical costs, not product grades.

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

Prioritize supply chain efficiency for high-volume buyers (e.g., India) while exploring premium product opportunities for niche markets like Italy and South Korea to diversify revenue.

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

Bulk buyers (e.g., India, Bangladesh) benefit from stable commodity supply, while niche buyers may leverage their smaller shares to negotiate specialized or higher-margin products.

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

Argentina’s exports consist solely of crude, unmodified soybean oil, primarily used as a bulk ingredient in food processing or industrial applications, traded as a fungible commodity.