Argentina Trucks Export Market -- HS Code 8704 Trade Data & Price Trend (Feb 2025)
Argentina Trucks Export (HS 8704) Key Takeaways
Argentina's Trucks Export under HS code 8704 surged in February 2025, with values more than tripling to $832.16 million, driven by high demand for diesel-powered light trucks, which dominate 89.8% of exports. The market is led by high-value, frequent buyers—likely large logistics firms—while Brazil accounts for 61.94% of export value, signaling a premium trade relationship. This analysis, covering February 2025, is based on cleanly processed Customs data from the yTrade database.
Argentina Trucks Export (HS 8704) Background
What is HS Code 8704?
HS Code 8704 covers motor vehicles designed for the transport of goods, including trucks and commercial vehicles. These vehicles are critical for logistics, construction, and agricultural sectors, driving stable global demand due to their role in supply chains. Argentina's trucks export market under this code reflects its industrial capacity and regional trade dynamics.
Current Context and Strategic Position
Argentina's export policies in 2025 have seen targeted adjustments, including a 0% export duty rate for certain goods under Decree No. 682 [KPMG]. While HS Code 8704 isn’t explicitly mentioned, the broader trade environment emphasizes tariff flexibility, particularly under Mercosur’s expanded exemptions for external tariffs [Eurasia Review]. Argentina’s strategic position as a regional manufacturing hub makes its trucks export data a key indicator for Latin American trade resilience. Vigilance is warranted amid evolving trade agreements and local regulatory updates.
Argentina Trucks Export (HS 8704) Price Trend
Key Observations
Argentina's truck exports under HS code 8704 surged dramatically in February 2025, reaching $832.16 million USD at a unit price of $32.05 per kg, marking a significant escalation from the previous month.
Price and Volume Dynamics
The Argentina Trucks Export trend shows a robust month-over-month increase, with February's value more than tripling from January's $266.75 million, while volume nearly doubled to 25.96 million kg. This sharp rise in both volume and price suggests a sudden spike in demand, potentially driven by inventory restocking cycles or anticipatory buying ahead of expected policy shifts or economic stimuli in the region.
External Context and Outlook
The hs code 8704 value trend volatility may be influenced by broader trade dynamics, such as tariff structures and agreements within Mercosur, which could enhance export competitiveness as highlighted in earlier reports [European Parliament]. Currency fluctuations or increased global demand for commercial vehicles likely contributed to this February surge, though specific immediate catalysts remain unclear from available data.
Argentina Trucks Export (HS 8704) HS Code Breakdown
Product Specialization and Concentration
In February 2025, Argentina's export of trucks under HS Code 8704 is highly concentrated in a single product type. According to yTrade data, the sub-code for diesel-powered goods transport vehicles with GVW not exceeding 5 tonnes dominates with an 89.8% value share and 87.0% quantity share, at a unit price of 29,158 USD per vehicle. This indicates a specialized, high-volume focus within Argentina's HS Code 8704 export activities.
Value-Chain Structure and Grade Analysis
The non-dominant sub-codes fall into two groups: diesel-engine trucks under 5 tonnes with unit prices from 20,647 to 38,929 USD, and spark-ignition engine trucks under 5 tonnes priced between 11,864 and 23,513 USD, alongside one heavier diesel truck variant over 5 tonnes at 42,540 USD. This price spread reflects distinct value-add stages and quality grades, showing that HS Code 8704 trade data involves differentiated manufactured goods rather than uniform commodities.
Strategic Implication and Pricing Power
Exporters hold strong pricing power in the dominant diesel light truck segment, advising a strategic focus on sustaining this high-value area. Diversifying into spark-ignition or heavier models could mitigate risks and capture niche markets, shaping a more resilient approach to Argentina's HS Code 8704 export strategy.
Check Detailed HS Code 8704 Breakdown
Argentina Trucks Export (HS 8704) Destination Countries
Geographic Concentration and Dominant Role
Brazil is the clear leader for Argentina's Trucks exports in February 2025. It accounted for 61.94% of the total export value but only 56.76% of the quantity. This gap means Argentina sells higher-value or more premium truck models to Brazil. Brazil's transaction frequency was also very high at 77.44%, showing a deep and active trading relationship for HS Code 8704 vehicles.
Destination Countries Clusters and Underlying Causes
The other importers form two clear groups. The first is a volume cluster of Peru and Chile. Both have strong quantity and value shares, pointing to steady demand for a mix of truck types. The second is a transactional cluster of smaller Central American nations like Guatemala, Nicaragua, and Honduras. Their higher frequency shares relative to value indicate they place many smaller orders, likely for specific vehicle models or parts to meet local logistics needs.
Forward Strategy and Supply Chain Implications
The data shows a stable market structure. Argentina should continue to prioritize its high-value partnership with Brazil while maintaining efficient supply chains for its volume buyers in Peru and Chile. For the smaller, frequent buyers in Central America, streamlining order processing and logistics can help secure this fragmented but consistent demand for Argentina's Trucks exports.
Table: Argentina Trucks (HS 8704) Top Destination Countries (Source: yTrade)
| Country | Value | Quantity | Frequency | Weight |
|---|---|---|---|---|
| BRAZIL | 512.49M | 16.65K | 6.61K | 15.42M |
| PERU | 57.71M | 2.22K | 347.00 | 1.75M |
| CHILE | 56.76M | 2.20K | 751.00 | 2.24M |
| COLOMBIA | 34.83M | 1.16K | 97.00 | 921.85K |
| GUATEMALA | 27.68M | 1.25K | 77.00 | 932.60K |
| NICARAGUA | ****** | ****** | ****** | ****** |
Get Complete Destination Countries Profile
Argentina Trucks (HS 8704) Buyers Analysis
Buyer Market Concentration and Dominance
In February 2025, the Argentina Trucks Export market is divided into four segments of buyers based on purchase value and frequency. According to yTrade data, the high-value high-frequency cluster leads in trade value, showing that most Argentina Trucks Export buyers make large and regular purchases. The typical trade for hs code 8704 involves substantial order sizes, reflecting the capital goods nature of trucks.
Strategic Buyer Clusters and Trade Role
The dominant high-value high-frequency group for Argentina Trucks Export likely consists of large logistics firms or fleet operators, indicating an intermediated market where key players drive volume. The profile of HS code 8704 buyers suggests direct-to-factory or end-user relationships, with other clusters including occasional large buyers and smaller, frequent purchasers. This structure points to a market where reliability and volume are prioritized.
Sales Strategy and Vulnerability
For Argentine exporters, focusing on high-value buyers can boost sales, but dependence on this group increases vulnerability to economic shifts. A strategy emphasizing long-term contracts and diversification can mitigate risks. While news on Mercosur tariffs [Europarl] from 2024 may affect trade, no specific February 2025 changes directly impact hs code 8704 trade data, requiring close monitoring of buyer behavior.
Action Plan for Trucks Market Operation and Expansion
Strategic Supply Chain Overview
Argentina's Trucks Export strategy is built on a specialized product and concentrated buyer base. The hs code 8704 trade data reveals a dominant focus on high-value diesel trucks under 5 tonnes. This product specialization grants strong pricing power.
Key price drivers are product specifications and large contract volumes from major logistics firms. The Trucks supply chain faces risk from over-reliance on Brazil and a few high-value buyers. This creates vulnerability to economic shifts or demand changes in these core markets.
The supply chain implication is an assembly hub role. Argentina must maintain efficient production for high-volume partners while managing smaller, frequent orders. Technology and brand reputation are critical for sustaining premium pricing in the dominant export segment.
Action Plan: Data-Driven Steps for Trucks Market Execution and Expansion
- Monitor high-value buyer purchase cycles using hs code 8704 trade data. This allows for optimized production scheduling and prevents inventory shortages. It matters because these buyers drive most of Argentina's export value.
- Diversify export offerings into spark-ignition and heavier truck models. Target the specific needs of smaller, frequent buyers in Central America. This mitigates risk by reducing dependence on a single product type and the Brazilian market.
- Analyze transaction frequency data to streamline logistics for smaller orders. Create dedicated processes for high-frequency, low-volume clients. This secures consistent demand from fragmented markets and improves overall supply chain efficiency.
- Build long-term contracts with key Brazilian partners based on volume trends. Lock in stable demand for the high-value truck models they prefer. This protects the core revenue stream of the Argentina Trucks Export business.
- Track trade policy news for Mercosur and key destinations like Peru and Chile. Adjust supply chain strategy proactively to avoid tariff disruptions. This ensures smooth operations for volume cluster partners and protects market share.
Take Action Now —— Explore Argentina Trucks Export Data
Frequently Asked Questions
Q1. What is driving the recent changes in Argentina Trucks Export 2025 February?
Argentina's truck exports surged to $832.16 million in February 2025, more than tripling January's value, driven by a sudden spike in demand and higher unit prices. The rise likely reflects inventory restocking or anticipatory buying ahead of regional policy shifts.
Q2. Who are the main destination countries of Argentina Trucks (HS Code 8704) 2025 February?
Brazil dominates with 61.94% of export value, followed by Peru and Chile as volume buyers, and smaller Central American nations like Guatemala and Nicaragua with frequent, smaller orders.
Q3. Why does the unit price differ across destination countries of Argentina Trucks Export?
Price differences stem from product specialization—Brazil receives higher-value diesel trucks (avg. $29,158/unit), while other markets buy lower-priced spark-ignition models ($11,864–$23,513) or niche heavy-duty variants ($42,540).
Q4. What should exporters in Argentina focus on in the current Trucks export market?
Exporters should prioritize sustaining high-value diesel truck sales to Brazil while diversifying into spark-ignition or heavier models for niche markets, and streamline logistics for smaller, frequent buyers in Central America.
Q5. What does this Argentina Trucks export pattern mean for buyers in partner countries?
Brazilian buyers secure premium models at scale, while volume buyers (Peru, Chile) access steady supply, and Central American purchasers benefit from tailored, smaller orders—though all rely on Argentina's concentrated production.
Q6. How is Trucks typically used in this trade flow?
Trucks (HS Code 8704) are primarily capital goods for logistics and freight transport, with diesel-powered models under 5 tonnes GVW dominating exports for commercial fleet operations.
Argentina Trucks Export Market -- HS Code 8704 Trade Data & Price Trend (Apr 2025)
Argentina's trucks export (HS Code 8704) hit $876.89M in April 2025, led by sub-5-tonne diesel trucks to Brazil (62.13%) and Peru-Chile cluster, per yTrade data.
Argentina Trucks Export Market -- HS Code 8704 Trade Data & Price Trend (Jan 2025)
Argentina's Trucks (HS Code 8704) Export hit $266.75M in Jan 2025, led by mid-range diesel trucks under 5 tonnes (85% share), with Brazil absorbing half via yTrade data.
