Argentina Soybean Oilcake Export Market -- HS Code 230400 Trade Data & Price Trend (Jan 2025)

Argentina Soybean Oilcake Export (HS 230400) Key Takeaways

Argentina's Soybean oilcake exports (hs code 230400) in January 2025 showed strong market concentration, with nearly all trade driven by standardized bulk oil-cake residues (sub-code 23040010100) at $0.66/kg, reflecting a stable, high-volume commodity market. Vietnam dominated as the top buyer (15.4% share), while a secondary cluster of bulk importers and Chile's frequent smaller shipments highlighted diversified demand. The $1.74 billion export value and steady pricing signal robust post-harvest momentum, with Argentina leveraging its pricing power in this key trade. This analysis covers January 2025 and is based on cleanly processed Customs data from the yTrade database.

Argentina Soybean Oilcake Export (HS 230400) Background

What is HS Code 230400?

HS Code 230400 refers to oil-cake and other solid residues of soya-bean, commonly known as soybean oilcake. This product is a key byproduct of soybean oil extraction, primarily used as a high-protein animal feed ingredient in livestock and poultry industries. Its global demand remains stable due to its cost-effectiveness and nutritional value in feed formulations.

Current Context and Strategic Position

While no specific trade policy announcements have been made recently, Argentina's soybean oilcake exports are influenced by global commodity price trends and regional demand shifts. As one of the world's top soybean producers, Argentina plays a critical role in supplying soybean oilcake to major importers, particularly in Asia and Europe. Monitoring hs code 230400 trade data is essential for stakeholders to navigate market fluctuations and maintain competitiveness. Argentina's soybean oilcake export sector remains a strategic pillar of its agricultural economy, requiring ongoing vigilance to capitalize on emerging opportunities.

Argentina Soybean Oilcake Export (HS 230400) Price Trend

Key Observations

Argentina's Soybean oilcake exports in January 2025 posted a solid value of 1.74 billion USD, with a unit price holding at $0.66 per kilogram. This initial monthly performance indicates a robust start for the year in the hs code 230400 value trend.

Price and Volume Dynamics

The Argentina Soybean oilcake Export trend in January likely benefits from typical post-harvest supply availability and sustained global demand for protein-rich animal feed. With no disruptive trade policies noted, the stability in unit price and high volume may reflect competitive pricing strategies amid favorable currency conditions for Argentine exporters, supporting a steady flow into key international markets.

Argentina Soybean Oilcake Export (HS 230400) HS Code Breakdown

Product Specialization and Concentration

In January 2025, Argentina's export of Soybean oilcake under HS Code 230400 is overwhelmingly dominated by a single sub-code, indicating high market specialization. According to yTrade data, the sub-code 23040010100, which covers oil-cake and solid residues from soya-bean oil extraction, accounts for nearly all export value and weight, with a unit price of 0.66 USD per kilogram. This concentration suggests a focused trade in a standardized bulk product, with minimal variation from other sub-codes.

Value-Chain Structure and Grade Analysis

The market structure for HS Code 230400 exports from Argentina is characterized by a primary bulk commodity trade, with the dominant sub-code representing the main grade of oil-cake residues. The minor sub-code 23040090200, with a similar unit price of 0.61 USD per kilogram, likely denotes a negligible variant or administrative differentiation, but it does not signify a distinct quality or value-add stage. This uniformity points to a fungible bulk commodity market, where products are traded based on volume rather than significant differentiation in form or grade.

Strategic Implication and Pricing Power

The extreme concentration in Argentina's HS Code 230400 export data implies strong pricing power for dominant suppliers, as they control the bulk of market supply. Businesses should focus on optimizing production and logistics for this standardized commodity to maintain competitiveness. Analyzing HS Code 230400 trade data reveals that market players can leverage Argentina's export dominance in negotiations, but must monitor global demand shifts for bulk agricultural residues to mitigate risks.

Check Detailed HS Code 230400 Breakdown

Argentina Soybean Oilcake Export (HS 230400) Destination Countries

Geographic Concentration and Dominant Role

Vietnam was the dominant destination for Argentina's Soybean oilcake exports in January 2025. It held a 15.37% value share and a 15.30% weight share, showing a nearly balanced trade. This close alignment confirms Vietnam's role as a major bulk buyer of this commodity, with its demand closely matching the volume shipped.

Destination Countries Clusters and Underlying Causes

The remaining partners form two clear clusters. The first is a volume cluster, including Indonesia, Italy, Turkey, Malaysia, Algeria, Ecuador, Morocco, and Saudi Arabia. These countries show closely matched value and weight shares, indicating they are stable importers of bulk Soybean oilcake for animal feed or processing. The second is a transactional cluster, represented solely by Chile. It has a high frequency share of 11.80% but lower value (4.64%) and weight (4.64%) shares. This suggests frequent, smaller shipments, likely tied to just-in-time supply chains for its agricultural sector.

Forward Strategy and Supply Chain Implications

The export strategy for Argentina's Soybean oilcake should focus on two areas. First, securing long-term contracts with the high-volume cluster ensures stable demand for bulk shipments. Second, logistics should be optimized for the high-frequency trade with Chile, requiring reliable scheduling for smaller, regular consignments. No specific trade news or policy was announced to influence these patterns.

Table: Argentina Soybean Oilcake (HS 230400) Top Destination Countries (Source: yTrade)

Get Complete Destination Countries Profile

Action Plan for Soybean Oilcake Market Operation and Expansion

• Leverage Argentina's dominant position in the standardized bulk commodity trade to negotiate favorable long-term contracts, as this secures stable pricing and locks in demand for your Soybean oilcake exports.
• Optimize the Soybean oilcake supply chain for high-frequency, smaller shipments to partners like Chile by implementing reliable scheduling, as this ensures you can meet just-in-time delivery requirements without disruption.
• Continuously monitor global demand shifts for agricultural residues using hs code 230400 trade data, as this early warning system helps mitigate price volatility risks tied to geopolitical events or index fluctuations.
• Use detailed hs code 230400 trade data to identify and diversify your buyer portfolio beyond the largest volume partners, as this reduces over-reliance on any single market and strengthens overall supply security for Argentina's Soybean oilcake export business.

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 January?

Argentina's Soybean oilcake exports in January 2025 show robust performance with a steady unit price of $0.66/kg, driven by post-harvest supply availability and sustained global demand for animal feed, supported by competitive pricing and favorable currency conditions.

Q2. Who are the main destination countries of Argentina Soybean oilcake (HS Code 230400) 2025 January?

Vietnam is the dominant destination, accounting for 15.37% of export value, followed by a volume cluster including Indonesia, Italy, Turkey, Malaysia, Algeria, Ecuador, Morocco, and Saudi Arabia, which import bulk shipments for processing or animal feed.

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

The unit price remains nearly uniform (e.g., $0.66/kg for the dominant sub-code 23040010100), as exports are concentrated in standardized bulk commodities with minimal quality or grade differentiation.

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

Exporters should secure long-term contracts with high-volume buyers (e.g., Vietnam, Indonesia) and optimize logistics for frequent, smaller shipments to transactional partners like Chile to ensure stable demand and reliable scheduling.

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

Buyers in high-volume countries benefit from stable bulk supply, while transactional partners like Chile gain flexibility with frequent, smaller consignments tailored to just-in-time agricultural needs.

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

Soybean oilcake is primarily traded as a bulk commodity for animal feed or industrial processing, reflecting its role as a protein-rich residue from soybean oil extraction.