Argentina Trucks Export Market -- HS Code 8704 Trade Data & Price Trend (Q1 2025)
Argentina Trucks Export (HS 8704) Key Takeaways
Argentina's Trucks Export under HS Code 8704 in Q1 2025 surged in February, peaking at $832 million before easing in March, with rising unit prices signaling strong demand. The market is dominated by diesel-powered trucks under 5 tonnes, accounting for 87.6% of export value, highlighting Argentina's specialization in this segment. Brazil is the key buyer, absorbing 57.66% of shipments at premium prices, while regional markets like Chile and Peru drive volume. This analysis, covering Q1 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, commonly referred to as trucks. These vehicles are critical for logistics, construction, and agriculture, driving stable global demand due to their role in supply chains. Their versatility ensures consistent trade activity across markets, including Argentina's trucks export sector.
Current Context and Strategic Position
The Harmonized Tariff Schedule of the United States (2025) recently underwent revisions, signaling potential adjustments to trade classifications [USITC]. For Argentina, a key exporter under HS Code 8704, these changes underscore the need for vigilance in trade data compliance. Argentina's trucks export market benefits from strong regional demand and competitive manufacturing, positioning it as a strategic player in Latin America. Monitoring hs code 8704 trade data is essential to navigate evolving policies and maintain market share.
Argentina Trucks Export (HS 8704) Price Trend
Key Observations
Argentina Trucks Export trend in Q1 2025 demonstrated strong performance, with export value surging to $832.16 million in February from $266.75 million in January, before easing to $761.53 million in March. Unit prices rose steadily from $28.19/kg to $33.16/kg over the quarter, indicating firm pricing amid volatile volumes.
Price and Volume Dynamics
The sequential spike in February's value and weight reflects heightened global demand for commercial vehicles, likely tied to post-holiday economic activity and inventory restocking. However, March saw a pullback in volume despite higher unit prices, coinciding with the [USITC Harmonized Tariff Schedule revision] that may have prompted accelerated shipments earlier in the quarter. The hs code 8704 value trend shows Argentina's export momentum built rapidly from January, though trade policy adjustments introduced caution by March's end.
Argentina Trucks Export (HS 8704) HS Code Breakdown
Product Specialization and Concentration
According to yTrade data, Argentina's export of trucks under HS Code 8704 in Q1 2025 is heavily concentrated in one key product: diesel-powered goods transport vehicles under 5 tonnes (HS Code 87042190300). This single category accounts for 87.6% of the total export value and 85% of all shipments, with an average unit price of $28,763 per vehicle. The high value share relative to its quantity dominance confirms this as Argentina's core specialized export within this sector.
Value-Chain Structure and Grade Analysis
The remaining non-dominant exports fall into two clear groups: other diesel variants under 5 tonnes (e.g., 87042190210, 87042110100) and a smaller segment of spark-ignition engine trucks (e.g., 87043190290). Unit prices vary significantly—from $11,683 to $38,688 per vehicle—indicating a mix of standard and higher-specification models. This structure, with multiple distinct product grades and engine types, shows that Argentina’s HS Code 8704 trade data reflects exports of differentiated manufactured goods, not uniform commodities.
Strategic Implication and Pricing Power
The high concentration in one sub-code gives exporters strong pricing power for diesel sub-5-tonne trucks, the volume driver. For other segments, competition is more fragmented, requiring focus on niche specifications or cost efficiency. Companies should prioritize volume in the dominant category while exploring premium opportunities in higher-unit-price variants to diversify Argentina’s HS Code 8704 export profile.
Table: Argentina HS Code 8704) Breakdown Details (Source: yTrade)
| HS Code | Product Description | Value | Frequency | Quantity | Weight |
|---|---|---|---|---|---|
| 870421***** | Vehicles; with only compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1 | 1.63B | 16.75K | 56.66K | 44.95M |
| 870421***** | Vehicles; with only compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1 | 84.19M | 1.18K | 4.04K | 7.77M |
| 870421***** | Vehicles; with only compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1 | 41.44M | 1.12K | 1.70K | 3.72M |
| 8704** | ******** | ******** | ******** | ******** | ******** |
Check Detailed HS Code 8704 Breakdown
Argentina Trucks Export (HS 8704) Destination Countries
Geographic Concentration and Dominant Role
Brazil is the main destination for Argentina's Trucks exports in Q1 2025, taking 57.66% of the value and 53.16% of the quantity. The value share is higher than the quantity share, showing that Brazil buys more expensive or premium Trucks. Shipments to Brazil are very frequent at 73.49% of total frequency, meaning regular, possibly smaller orders for efficient supply chains.
Destination Countries Clusters and Underlying Causes
The export partners split into two groups. Brazil is a high-yield cluster with premium purchases and high shipment frequency, likely due to close trade ties and demand for quality vehicles in its auto industry. Chile, Peru, Guatemala, and Nicaragua form a volume cluster with quantity shares from 3.77% to 8.88%, indicating steady imports of standard Trucks for regional logistics and construction needs. The low frequency across other countries suggests less frequent, larger orders.
Forward Strategy and Supply Chain Implications
Argentina should keep focusing on Brazil for high-value Trucks exports by ensuring reliable, frequent deliveries to support just-in-time manufacturing. Expanding in volume markets like Chile and Peru requires promoting Trucks for infrastructure projects. Using HS Code 8704 trade data can help identify new opportunities in these regions.
Table: Argentina Trucks (HS 8704) Top Destination Countries (Source: yTrade)
| Country | Value | Quantity | Frequency | Weight |
|---|---|---|---|---|
| BRAZIL | 1.07B | 35.44K | 14.27K | 32.59M |
| CHILE | 152.77M | 5.92K | 2.15K | 5.95M |
| PERU | 127.83M | 4.85K | 577.00 | 3.56M |
| COLOMBIA | 87.64M | 2.93K | 471.00 | 2.33M |
| GUATEMALA | 71.04M | 3.15K | 183.00 | 2.14M |
| NICARAGUA | ****** | ****** | ****** | ****** |
Get Complete Destination Countries Profile
Action Plan for Trucks Market Operation and Expansion
- Prioritize production of diesel trucks under 5 tonnes (HS Code 87042190300) to leverage specialization and maintain pricing power, as this product dominates the Argentina Trucks Export value.
- Use hs code 8704 trade data to identify Brazilian buyers with the highest average unit prices and negotiate long-term OEM contracts to secure stable, high-value revenue streams.
- Develop a dedicated logistics corridor for frequent, smaller shipments to Brazil to support its just-in-time manufacturing needs and strengthen the Trucks supply chain reliability.
- Target volume markets like Chile and Peru with marketing focused on standard trucks for infrastructure projects, using trade data to align production with regional demand cycles.
Take Action Now —— Explore Argentina Trucks Export Data
Frequently Asked Questions
Q1. What is driving the recent changes in Argentina Trucks Export 2025 Q1?
Argentina's Trucks exports surged in February 2025 ($832.16M) due to post-holiday demand and inventory restocking, followed by a March pullback amid trade policy adjustments. Steady unit price growth ($28.19/kg to $33.16/kg) reflects firm pricing despite volume volatility.
Q2. Who are the main destination countries of Argentina Trucks (HS Code 8704) 2025 Q1?
Brazil dominates with 57.66% of export value and 53.16% of quantity, followed by Chile, Peru, Guatemala, and Nicaragua (3.77%–8.88% quantity shares). Brazil’s higher value share indicates premium purchases.
Q3. Why does the unit price differ across destination countries of Argentina Trucks Export?
Price differences stem from product specialization: diesel-powered trucks under 5 tonnes (HS Code 87042190300) average $28,763, while other variants range from $11,683 to $38,688 due to engine types and specifications.
Q4. What should exporters in Argentina focus on in the current Trucks export market?
Prioritize volume in the dominant diesel sub-5-tonne segment (87.6% value share) while exploring premium variants. Maintain frequent shipments to Brazil and target infrastructure-driven volume markets like Chile and Peru.
Q5. What does this Argentina Trucks export pattern mean for buyers in partner countries?
Brazilian buyers benefit from reliable, high-value shipments, while volume-focused markets (e.g., Chile, Peru) receive standard trucks for logistics/construction. Niche buyers can access higher-spec models at varied price points.
Q6. How is Trucks typically used in this trade flow?
Exported trucks are primarily diesel-powered goods transport vehicles under 5 tonnes, serving commercial logistics and regional infrastructure needs, with premium variants catering to specialized industrial demand.
Detailed Monthly Report
Argentina Trucks Export Market -- HS Code 8704 Trade Data & Price Trend (May 2025)
Argentina's Trucks (HS Code 8704) Export fell to $475.91M in May 2025, driven by Brazil (62.17% share) and diesel trucks under 5 tonnes, per yTrade data.
Argentina Trucks Export Market -- HS Code 8704 Trade Data & Price Trend (Q2 2025)
Argentina's Trucks (HS Code 8704) Export in Q2 2025 saw 86% value from sub-5t diesel vehicles, with Brazil taking 62.3% of shipments, per yTrade data.
