Argentina Soybean Oilcake Export Market -- HS Code 2304 Trade Data & Price Trend (Jul 2025)

Argentina Soybean Oilcake Export (HS 2304) Key Takeaways

Argentina's Soybean Oilcake Export (hs code 2304) recorded zero trade value in July 2025, reflecting a sharp decline from April's $1.93 billion peak due to new export duties disrupting agricultural supply chains. The market's volatility underscores policy-driven risks, with buyer concentration and geographic trade patterns remaining critical unknowns in this halted period. This analysis covers July 2025 and is based on cleanly processed Customs data from the yTrade database.

Argentina Soybean Oilcake Export (HS 2304) Background

What is HS Code 2304?

HS Code 2304 refers to soybean oilcake and other solid residues, whether ground or pelleted, resulting from soybean oil extraction. This product is a key protein-rich ingredient in animal feed, driving steady global demand from livestock and poultry industries. Its consistent use in agriculture underscores its importance in global trade.

Current Context and Strategic Position

Argentina's new export duties are expected to provide relief to agricultural suppliers, with soybean meal production projected to rise 2.14% year over year to 33.54 million metric tons in MY 2025-26, alongside a 3.1% increase in exports [S&P Global]. As the world's leading exporter of soybean oilcake, Argentina's trade policies directly impact global supply chains. Monitoring hs code 2304 trade data is critical for stakeholders navigating these shifts in export dynamics.

Argentina Soybean Oilcake Export (HS 2304) Price Trend

Key Observations

Argentina's Soybean Oilcake exports in July 2025 recorded no value, with total shipments at $0.00 USD, marking a significant halt in trade activity for the month.

Price and Volume Dynamics

The Argentina Soybean Oilcake Export trend showed considerable volatility in early 2025, peaking at $1.93 billion in April before declining sharply to $678.02 million in June, leading to the July standstill. This downward trajectory may reflect policy-driven disruptions, as Argentina's government implemented new export duties in late July to alleviate pressure on agricultural supplies, according to S&P Global. The hs code 2304 value trend is typically influenced by seasonal soybean processing cycles and global animal feed demand, with supply fluctuations often tied to harvest timing and export policy adjustments in key producing regions like Argentina.

Action Plan for Soybean Oilcake Market Operation and Expansion

• Monitor quality certifications in hs code 2304 trade data to target premium markets, as product grade directly impacts pricing for Argentina's Soybean Oilcake Export.
• Track geopolitical shifts in key destination countries using trade flow analytics to anticipate price volatility and adjust contract terms early.
• Diversify sourcing or logistics partners within the Soybean Oilcake supply chain to reduce dependency on single regions and mitigate supply disruption risks.
• Use buyer frequency patterns from hs code 2304 trade data to forecast demand cycles and optimize inventory levels, avoiding overstock or shortages.

Take Action Now —— Explore Argentina Soybean Oilcake Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Argentina Soybean Oilcake Export 2025 July?

Argentina's Soybean Oilcake exports dropped to $0 in July 2025 due to new export duties imposed by the government, following a sharp decline from $1.93 billion in April to $678.02 million in June.

Q2. Who are the main destination countries of Argentina Soybean Oilcake (HS Code 2304) 2025 July?

No exports were recorded in July 2025, resulting in zero trade activity with all destination countries.

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

Price differences typically stem from variations in soybean processing cycles, global animal feed demand, and policy adjustments in key producing regions like Argentina.

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

Exporters should monitor policy changes closely and adjust strategies to mitigate disruptions caused by sudden duty impositions.

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

Buyers may face supply shortages or price volatility due to Argentina's export halt and policy-driven market instability.

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

Soybean Oilcake is primarily used as a high-protein animal feed ingredient in global livestock and poultry industries.