Argentina Trucks Export Market -- HS Code 8704 Trade Data & Price Trend (Q2 2025)
Argentina Trucks Export (HS 8704) Key Takeaways
Argentina's trucks export under HS Code 8704 in Q2 2025 is dominated by diesel-powered goods vehicles under 5 tonnes, accounting for 86% of export value, with Brazil absorbing 62.3% of shipments—highlighting deep regional integration. The market saw a sharp decline, plummeting from $876.89M in April to $412.20M by June, signaling volatility in capital goods demand. High-value clusters like Peru and Chile contrast with volume-driven markets in Central America, revealing strategic opportunities for premium and budget models. This analysis, covering Q2 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.
Current Context and Strategic Position
The U.S. Harmonized Tariff Schedule recently underwent revisions, including updates to HS Code classifications [USITC], signaling potential shifts in trade policy frameworks. Argentina's Trucks Export sector is strategically positioned to capitalize on these changes, given its robust manufacturing base and competitive pricing. Monitoring hs code 8704 trade data is essential, as Argentina’s export performance could be influenced by evolving regulations or regional demand shifts. Vigilance is warranted to navigate this dynamic landscape.
Argentina Trucks Export (HS 8704) Price Trend
Key Observations
Argentina's truck exports saw a sharp decline in Q2 2025, falling to $412.20M USD in June from a peak of $876.89M USD in April. This represents a significant sequential contraction in the Argentina Trucks Export trend during the quarter.
Price and Volume Dynamics
The hs code 8704 value trend built strongly through the first four months of 2025 before reversing sharply. After reaching its highest monthly value in April, export value fell by nearly half by June. This abrupt slowdown suggests a sudden shift in market conditions, potentially driven by economic uncertainty or supply chain adjustments affecting heavy vehicle manufacturing and logistics. The decline aligns with broader patterns where capital goods exports can be highly sensitive to shifts in global industrial demand and financing costs.
Argentina Trucks Export (HS 8704) HS Code Breakdown
Product Specialization and Concentration
In Q2 2025, Argentina's export of trucks under HS Code 8704 is heavily concentrated in diesel-powered goods vehicles under 5 tonnes, with a unit price of about 28,395 USD per unit, according to yTrade data. This product dominates with over 86% of the export value share. An extreme price outlier for heavier trucks exceeding 20 tonnes is present but isolated from the main analysis pool due to its significantly higher unit price and minimal volume.
Value-Chain Structure and Grade Analysis
The remaining exports can be grouped into standard diesel variants with unit prices ranging from 21,644 to 31,961 USD, spark-ignition engine models at lower price points around 11,148 to 26,147 USD, and a small segment of specialized diesel trucks with premium pricing up to 38,260 USD. This structure indicates a trade in differentiated manufactured goods, where product features like engine type and weight class drive price variations, rather than fungible bulk commodities.
Strategic Implication and Pricing Power
The high concentration in a few key sub-codes suggests strong pricing power for dominant exporters of standard diesel trucks. Market players should focus on optimizing production for high-volume models while exploring niches in alternative engine types or specialized variants to capture value. Analyzing HS Code 8704 trade data reveals opportunities for Argentina to leverage its export strengths in this sector.
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 | 1.52B | 10.46K | 53.49K | 20.24M |
| 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 | 92.40M | 1.45K | 4.27K | 3.64M |
| 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 | 47.47M | 1.15K | 2.00K | 2.02M |
| 8704** | ******** | ******** | ******** | ******** | ******** |
Check Detailed HS Code 8704 Breakdown
Argentina Trucks Export (HS 8704) Destination Countries
Geographic Concentration and Dominant Role
Brazil is the dominant destination for Argentina's truck exports in Q2 2025, receiving 62.3% of the total export value. This value share is higher than its 59.14% quantity share, showing that shipments to Brazil consist of higher-value or more premium truck models. The high frequency of shipments, at 77.83% of all transactions, points to a deeply integrated, just-in-time supply chain between the two automotive sectors.
Destination Countries Clusters and Underlying Causes
The data reveals two clear clusters among other buyers. The first is a High-Yield Cluster, including Peru and Chile. Their value shares (9.63% and 6.97%) are significantly higher than their quantity shares (10.13% and 7.11%), indicating a strong demand for premium, higher-specification trucks from Argentina. The second is a Volume Cluster, comprising countries like Nicaragua and Guatemala. Here, the quantity share is closer to the value share, suggesting these markets purchase more standard or budget-oriented models.
Forward Strategy and Supply Chain Implications
The strategy for Argentina's truck export growth should focus on two areas. First, it must protect its high-margin business in Brazil and the High-Yield Cluster by ensuring a steady supply of premium models. Second, it can target growth in the Volume Cluster by optimizing production and logistics for cost-effective, high-volume exports of more basic truck variants to markets like Nicaragua and Guatemala.
Table: Argentina Trucks (HS 8704) Top Destination Countries (Source: yTrade)
| Country | Value | Quantity | Frequency | Weight |
|---|---|---|---|---|
| BRAZIL | 1.09B | 37.83K | 10.33K | 16.41M |
| PERU | 169.07M | 6.48K | 330.00 | 2.44M |
| CHILE | 122.34M | 4.55K | 1.11K | 2.10M |
| COLOMBIA | 84.43M | 3.06K | 357.00 | 1.10M |
| NICARAGUA | 58.06M | 2.47K | 119.00 | 845.13K |
| GUATEMALA | ****** | ****** | ****** | ****** |
Get Complete Destination Countries Profile
Action Plan for Trucks Market Operation and Expansion
- Prioritize premium diesel truck production for Brazil and High-Yield Cluster markets like Peru and Chile. This protects the high-margin core of the Argentina Trucks Export business, as hs code 8704 trade data confirms these buyers pay more for advanced specifications.
- Develop a cost-optimized, standard truck variant for high-volume markets like Nicaragua and Guatemala. This strategy unlocks growth in price-sensitive regions by aligning product offerings with the budget-oriented demand revealed in the trade data.
- Diversify product offerings by expanding into spark-ignition and specialized diesel engine models. This captures additional value in under-served niches, reducing over-reliance on a single dominant product category within the hs code 8704 range.
- Continuously monitor the integrated Trucks supply chain with Brazil for any disruptions. This ensures the steady flow of high-frequency, just-in-time shipments that form the backbone of Argentina's export volume and value.
Take Action Now —— Explore Argentina Trucks Export Data
Frequently Asked Questions
Q1. What is driving the recent changes in Argentina Trucks Export 2025 Q2?
Argentina's truck exports fell sharply from $876.89M in April to $412.20M in June 2025, likely due to economic uncertainty or supply chain disruptions affecting capital goods demand.
Q2. Who are the main destination countries of Argentina Trucks (HS Code 8704) 2025 Q2?
Brazil dominates with 62.3% of export value, followed by Peru (9.63%) and Chile (6.97%), forming the core markets for Argentina’s truck exports.
Q3. Why does the unit price differ across destination countries of Argentina Trucks Export?
Price variations stem from product specialization: diesel trucks under 5 tonnes (avg. $28,395) dominate, while premium diesel variants (up to $38,260) target high-yield markets like Brazil and Peru.
Q4. What should exporters in Argentina focus on in the current Trucks export market?
Exporters should prioritize high-margin diesel models for Brazil and premium markets while optimizing cost-effective variants for volume-driven buyers like Nicaragua and Guatemala.
Q5. What does this Argentina Trucks export pattern mean for buyers in partner countries?
Brazil’s high-frequency shipments reflect deep supply chain integration, while high-yield markets (e.g., Peru) signal demand for premium models, and volume clusters seek budget options.
Q6. How is Trucks typically used in this trade flow?
Trucks (HS Code 8704) are primarily differentiated manufactured goods, with diesel-powered variants under 5 tonnes serving as the backbone of Argentina’s export volume.
Detailed Monthly Report
Argentina HS8704 Export Snapshot 2025 APR
Argentina Trucks Export Market -- HS Code 8704 Trade Data & Price Trend (Q1 2025)
Argentina's Trucks (HS Code 8704) Export surged to $832M in Feb 2025, led by diesel trucks under 5T (87.6% share), with Brazil as top buyer (57.66%). Data from yTrade.
Argentina Trucks Export Market -- HS Code 8704 Trade Data & Price Trend (Q3 2025)
Argentina's trucks export (HS Code 8704) surged to $553M in Q3 2025, with diesel models under 5T dominating 80% volume and 84% value, per yTrade data. Brazil leads at 65.7% share.
