2025 Q2 Paraguay Soybean Oil (HS1507) Export Snapshot: Surge & Dip

Q2 Trend: Paraguay Soybean Oil Export

Soybean Oil, classified under HS Code 1507 (Soya-bean oil and its fractions, whether or not refined, but not chemically modified), saw volatile export trends in Q2 2025. After a 28% drop in value and 32% decline in volume in April, May rebounded sharply with an 85% surge in value and 95% growth in weight. June moderated with a 27% contraction in value and 29% lower volume, though unit prices edged up 3%. India’s Q2 duty cut on crude soybean oil imports likely influenced demand shifts. Paraguay’s exports remained highly responsive to price fluctuations, with unit prices swinging between $0.94/kg and $1.00/kg during the quarter.

Table: Paraguay Soybean Oil Export Trend (Source: yTrade)

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Geographic Concentration & Market Logic

Argentina dominates Paraguay's Soybean Oil exports, accounting for 87.46% of value and 88.53% of weight, revealing a balanced Value-Volume Gap—indicating Argentina serves as a bulk buyer of standardized product, not a premium market. Brazil, the second-largest destination, shows a slight value premium (12.38% value vs. 11.33% weight), suggesting niche demand for higher-grade oil. The absence of significant gaps elsewhere implies Paraguay’s trade is volume-driven, optimized for cost-efficient bulk shipments to neighboring markets. Strategic focus remains on regional proximity over premium pricing.

Table: Paraguay Soybean Oil (HS Code 1507) Top Destination Countries (Source: yTrade)

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Paraguay HS Code 1507 Breakdown & Value Logic

yTrade data reveals HS Code 15071000 (crude soya-bean oil) dominates Paraguay's Q2 2025 exports, capturing 100% of volume and value—158.37M kg worth $154.48M. The absence of unit price data suggests a bulk-driven market, where Paraguay's HS Code 1507 Export strategy prioritizes raw, unprocessed volume over premium refined products. The lack of sub-code diversity confirms a reliance on low-cost commodity trade, typical for soybean oil’s early supply chain. Expect this trend to hold unless value-added processing emerges.

Table: Paraguay (HS Code 1507) Breakdown Details (Source: yTrade)

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Paraguay Soybean Oil Buyers List

Table: Paraguay Soybean Oil (HS Code 1507) Top Buyers List (Source: yTrade)

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Frequently Asked Questions

How did Paraguay Soybean Oil Export perform in Q2?

Exports surged 85% month-on-month in May to $67.96M before pulling back 27% in June to $49.83M. Unit prices averaged $0.95-$0.98/kg, down 5% from April.

What are the top Export partners for Paraguay Soybean Oil?

Argentina ($135.11M), Brazil ($19.13M), and Chile ($191.52K) dominated shipments.

Who are the major Soybean Oil Buyers?

Bunge affiliates accounted for 78% of tracked exports, with Cargill handling smaller volumes.

What is the specific HS Code for this trade?

The data covers HS Code 1507, with significant activity in crude soya-bean oil (HS 150710).

Detailed Monthly Report

Paraguay HS1507 Export Snapshot 2025 MAY

Paraguay HS1507 Export Snapshot 2025 JUN