2025 Apr Paraguay Soybean oilcake (HS 2304) Export Snapshot: Volume Surge

April Trend: Paraguay Soybean oilcake Export

Soybean oilcake, classified under HS Code 2304 (Oil-cake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil), saw exports rise in April, with value up 22.17% MoM to $61.24M and volume growing 17.10% to 185.43M kg. Unit prices edged up 4.34% to $0.33/kg, marking the third consecutive monthly increase. The uptick comes as new reciprocal tariffs took effect April 5, potentially influencing trade flows ahead of the policy shift. Paraguay's exports have climbed steadily since February, with cumulative growth of 65.66% in value and 61.81% in volume over the past two months.

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

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Geographic Concentration & Market Logic

Argentina dominates Paraguay's soybean oilcake exports, accounting for 82.2% of volume but only 79.7% of value—a slight bulk hub dynamic, suggesting Argentina processes raw material into lower-value outputs. Brazil, the second-largest partner, shows a similar but less pronounced gap (15.6% weight vs. 18.2% value), hinting at marginally higher-grade demand. The remaining markets (Uruguay, Congo, Chile, Angola) are negligible, reinforcing Argentina’s role as the primary cost-efficient conduit. The structure reveals a volume-driven trade, prioritizing mass over premium pricing, with Argentina acting as the regional processing anchor.

Table: Paraguay Soybean Oilcake (HS Code 2304) Top Destination Countries (Source: yTrade)

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Paraguay HS Code 2304 Breakdown & Value Logic

yTrade data reveals HS 23040010 (soybean oilcake) dominates Paraguay's April 2025 exports, capturing 100% of volume (185.43M kg) and value ($61.24M). The absence of unit price data suggests a bulk-driven market, where scale trumps premium pricing—typical for commodity-grade soybean byproducts. This aligns with Paraguay’s role as a volume player in low-margin agricultural exports. The remaining sub-codes are negligible, reinforcing a singular focus on high-volume, low-complexity trade. Expect this trend to persist unless value-added processing emerges.

Table: Paraguay (HS Code 2304) Breakdown Details (Source: yTrade)

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Paraguay Soybean Oilcake Buyers List

Table: Paraguay Soybean Oilcake (HS Code 2304) Top Buyers List (Source: yTrade)

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Frequently Asked Questions

How did Paraguay Soybean oilcake Export perform in April?

Exports rose 22% month-on-month to $61.24M, with volumes up 17% to 185.43M kg. Unit prices increased 4% to $0.33/kg.

What are the top Export partners for Paraguay Soybean oilcake?

Argentina ($48.80M), Brazil ($11.15M), and Uruguay ($818.31K) were the top destinations.

Who are the major Soybean oilcake Buyers?

Agrograin Ltd dominated with $23.28M in purchases, followed by smaller transactions from Cargill Incorporated and Perfil Granos S.R.L.

What is the specific HS Code for this trade?

The data covers HS Code 2304, with significant activity in oil-cake and solid residues from soya-bean oil extraction (230400**).