Argentina Wine Export Market -- HS Code 2204 Trade Data & Price Trend (May 2025)

Argentina Wine Export (HS 2204) Key Takeaways

Argentina's wine export under HS code 2204 in May 2025 was dominated by premium bottled wines under 2 liters, accounting for 84% of export value at $23.38 per unit, reflecting a focus on high-value consumer goods. The market saw a sharp decline to $62.42 million after months of growth, likely due to tariff revisions impacting demand. Buyer concentration is high, with a small group of major distributors driving most trade, creating vulnerability for exporters. The U.S. emerged as the top premium market, with a 21.57% value share, while the UK handled nearly half the volume as a bulk wine hub. Strategic priorities include nurturing key buyer relationships and optimizing supply chains for bulk and premium segments. This analysis is based on cleanly processed Customs data from the yTrade database for May 2025.

Argentina Wine Export (HS 2204) Background

What is HS Code 2204?

HS Code 2204 covers wine made from fresh grapes, including fortified wines, as well as grape must (excluding products under heading 20.09). This category is critical for global trade, driven by consistent demand from retail, hospitality, and consumer markets. Its stability reflects the enduring popularity of wine as a consumable good and cultural staple worldwide.

Current Context and Strategic Position

Recent updates to the Harmonized Tariff Schedule, including revisions for non-EU wines with PDO/PGI designations [TariffNumber.com], highlight evolving trade policies affecting HS Code 2204. Argentina's wine export sector is strategically significant, leveraging its robust viticulture industry to meet global demand, particularly for premium and PDO/PGI-labeled products. Monitoring these policy shifts is essential, as Argentina’s competitive pricing and quality positioning make it a key player in the hs code 2204 trade data landscape. Vigilance is warranted to navigate tariff adjustments and maintain market share.

Argentina Wine Export (HS 2204) Price Trend

Key Observations

In May 2025, Argentina's wine exports under HS code 2204 recorded a value of 62.42 million USD, marking a notable shift in the market trajectory.

Price and Volume Dynamics

The Argentina Wine Export trend demonstrated robust growth from January to April 2025, with values climbing from 85.67 million USD to 130.10 million USD, reflecting strong sequential momentum. However, the sharp decline in May aligns with potential impacts from tariff revisions, as updates to the Harmonized Tariff Schedule [USITC] targeting non-EU wines may have introduced uncertainty. Wine exports typically follow harvest and shipping cycles, but policy adjustments can abruptly alter demand patterns, contributing to the observed volatility in the hs code 2204 value trend.

Argentina Wine Export (HS 2204) HS Code Breakdown

Product Specialization and Concentration

According to yTrade data for May 2025, Argentina's export of wine under HS Code 2204 is overwhelmingly concentrated in a premium bottled segment. The dominant product is still wine in containers holding 2 litres or less, which accounts for over 84% of the total export value. This specialization is evident from its high average unit price of $23.38 per unit, far exceeding other major categories and indicating a focus on higher-value, finished consumer goods rather than bulk shipments.

Value-Chain Structure and Grade Analysis

The remaining non-anomalous exports fall into two clear categories based on form and value. Sparkling wines form one distinct group, with unit prices between $10.48 and $28.49, representing a differentiated, higher-end product segment. In contrast, still wine in containers holding more than 10 litres trades at a significantly lower price of about $1.03 per unit, characteristic of a bulk commodity often linked to blending or private label markets. This structure shows Argentina's HS Code 2204 trade data reveals a dual market: one for branded bottled goods and another for fungible bulk supply.

Strategic Implication and Pricing Power

This analysis of Argentina's HS Code 2204 export structure suggests strong pricing power exists for producers focused on bottled wines under 2 litres, where value is added through branding and packaging. For players in the bulk segment, competition is likely more price-sensitive and volume-driven. Strategic focus should remain on strengthening the premium bottled category while cautiously managing exposure to the volatile bulk wine market.

Table: Argentina HS Code 2204) Breakdown Details (Source: yTrade)

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Argentina Wine Export (HS 2204) Destination Countries

Geographic Concentration and Dominant Role

Argentina's Wine export in May 2025 was highly concentrated. The United States was the dominant destination, taking 21.57% of the total export value. This value share is significantly higher than its 7.90% quantity share, indicating strong demand for premium, higher-priced Argentine wines. The United Kingdom is another major player, accounting for nearly half (46.36%) of all export volume but only 13.97% of the value. This large gap suggests the UK market primarily imports bulk or lower-value wine, likely for blending or private labels. Brazil is a key balanced partner, with its value (16.15%) and quantity (10.68%) shares being closely aligned.

Destination Countries Clusters and Underlying Causes

The top destinations form three clear clusters. The High-Yield Cluster includes the United States, France, and Canada. These markets have a value share that is substantially higher than their quantity share, confirming they are premium outlets for Argentina's higher-quality bottled wines. The Volume/Hub Cluster is singularly defined by the United Kingdom. Its massive quantity share points to its role as a major processing or re-export hub for bulk shipments within Europe. The Transactional Cluster comprises the Netherlands, Mexico, Peru, Colombia, and Paraguay. These countries show a higher frequency of shipments relative to their value, indicative of a trade pattern built on smaller, more frequent orders, typical of regional distribution or direct-to-retail supply chains.

Forward Strategy and Supply Chain Implications

The strategy for Argentina's Wine export should focus on two fronts. To maximize revenue, efforts must be concentrated on the High-Yield Cluster, particularly the US market, by promoting premium brands and bottled wines with protected designations. For the Volume/Hub Cluster represented by the UK, supply chain efficiency is critical; logistics must be optimized for cost-effective bulk shipping and reliable delivery to support this high-volume, lower-margin business. The consistent, smaller orders from the Transactional Cluster require a flexible and responsive supply chain to maintain these important regional trade relationships.

Table: Argentina Wine (HS 2204) Top Destination Countries (Source: yTrade)

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Argentina Wine (HS 2204) Buyers Analysis

Buyer Market Concentration and Dominance

According to yTrade data, the Argentina Wine Export buyer market in May 2025 is concentrated. A small group of high-value, high-frequency buyers dominates the trade. This group represents the typical trade pattern for Argentina's wine exports, handling the largest share of value. The structure shows that most business comes from a core set of regular, high-volume buyers.

Strategic Buyer Clusters and Trade Role

The other three segments of buyers—high-value but infrequent, low-value but frequent, and low-value infrequent—play smaller but distinct roles. The profile of HS code 2204 buyers in the dominant group suggests a direct-to-market model, likely involving established distributors, retailers, or importers who regularly stock Argentine wine. This indicates a market driven by commercial relationships with end-sellers rather than intermediaries or state-controlled entities.

Sales Strategy and Vulnerability

For Argentine exporters, the heavy reliance on a few major buyers creates vulnerability. The sales strategy should focus on nurturing these key relationships while diversifying into other buyer segments to reduce risk. [Tariff Number] reports on specific EU tariff classifications for wine, which could affect market access and pricing for these core buyers. Staying informed on such regulatory changes is crucial for maintaining stable export flows under the current buyer structure.

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Action Plan for Wine Market Operation and Expansion

• Target premium buyers in the United States and Canada with dedicated marketing for bottled wines under 2 liters, as the hs code 2204 trade data confirms these markets deliver the highest value share for the Argentina Wine Export business.
• Optimize the bulk Wine supply chain for cost-efficient, high-volume shipments to the United Kingdom to secure this volume-driven segment, as it represents nearly half of all export quantity.
• Diversify the buyer base by actively pursuing high-frequency, lower-value clients in transactional markets like Mexico and Colombia to reduce reliance on a few major buyers and stabilize the Argentina Wine Export revenue stream.
• Monitor regulatory changes for key destinations like the EU using tools like [Tariff Number] to proactively adjust pricing and avoid disruptions in the Wine supply chain for your core buyers.
• Use hs code 2204 trade data to analyze product mix performance quarterly, shifting resources toward high-value sparkling and bottled wines to maximize profitability and strengthen Argentina's premium brand positioning globally.

Take Action Now —— Explore Argentina Wine Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Argentina Wine Export 2025 May?

The sharp decline in May 2025 export value to 62.42 million USD follows strong growth earlier in the year, likely due to tariff revisions affecting non-EU wines and introducing market uncertainty.

Q2. Who are the main destination countries of Argentina Wine (HS Code 2204) 2025 May?

The United States (21.57% of value), the United Kingdom (13.97% of value, 46.36% of volume), and Brazil (16.15% of value) dominate Argentina’s wine exports.

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

Price gaps stem from product specialization: bottled wines under 2 litres (premium, $23.38/unit) target the US, while bulk shipments (>10 litres, $1.03/unit) flow to the UK for blending or private labels.

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

Prioritize premium bottled wines for high-yield markets like the US while optimizing bulk logistics for the UK. Diversify buyer relationships to reduce reliance on a few dominant accounts.

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

US buyers access high-value branded wines, while UK buyers secure cost-effective bulk supply. Transactional markets (e.g., Brazil) benefit from balanced, frequent shipments for regional distribution.

Q6. How is Wine typically used in this trade flow?

Argentina’s exports serve two purposes: premium bottled wines for direct retail consumption and bulk shipments for blending or private-label production in hub markets.