2025 Q2 Paraguay Soybean oilcake (HS2304) Export Snapshot: Surge in June

Q2 Trend: Paraguay Soybean oilcake Export

Soybean oilcake, classified under HS Code 2304 (Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soybean oil), saw mixed export performance in Q2 2025. After a 9.15% MoM price drop in May to $0.30/kg, June rebounded with a 2.84% price increase to $0.31/kg. Export value surged 57.12% MoM to $79.91M in June, while volume jumped 52.78% to 258.97M kg. The Q2 peak in April ($0.33/kg, 185.43M kg) was followed by a May contraction before June’s strong recovery. Paraguay’s soybean oilcake exports remain volatile, with June’s volume and value hitting quarterly highs.

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 91.8% of volume but only 90.5% of value—a narrow Value-Volume Gap indicating balanced trade dynamics, likely driven by standardized bulk shipments. Brazil and Uruguay, though secondary, show similar alignment, suggesting a regional supply chain optimized for cost-efficiency rather than premium pricing. The absence of significant value premiums points to a commodity-driven market where volume, not differentiation, dictates trade flows. Strategic focus remains on high-throughput, low-margin distribution to neighboring processing hubs.

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 dominates Paraguay's soybean oilcake exports (95% frequency, 99% volume/value), dwarfing other sub-codes combined. The absence of unit price data suggests a bulk-driven market, where scale—not premium pricing—fuels Paraguay HS Code 2304 Export dynamics. This aligns with the product's role as a low-margin, high-volume commodity, likely destined for feed or industrial use. The minimal presence of 23040090 (0.5% volume) confirms negligible diversification into niche variants. Expect this trade to remain volume-centric, prioritizing mass over margin.

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 Q2?

Exports surged 57% month-on-month in June to $79.91M, following a 17% drop in May. Unit prices stabilized near $0.31/kg.

What are the top Export partners for Paraguay Soybean oilcake?

Argentina ($173.78M), Brazil ($11.15M), and Uruguay ($5.60M) dominated shipments.

Who are the major Soybean oilcake Buyers?

Agrograin Ltd ($64.02M) and Cargill Incorporated ($3.43M) led buyer activity.

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.

Detailed Monthly Report

Paraguay HS2304 Export Snapshot 2025 APR

Paraguay HS2304 Export Snapshot 2025 JUN