2025 Q3 Paraguay Soybean oilcake (HS 2304) Export Snapshot: Volatility & Rebounds

Q3 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 Q3 2025. July shipments fell sharply, with value dropping 25.75% MoM to $59.33M and volume down 21.58% to 203.08M kg. The decline deepened in August, with value sliding another 30.61% to $41.17M and volume contracting 28.43% to 145.35M kg. A partial recovery came in September, with exports rebounding 17.9% in value ($48.54M) and 17.92% in volume (171.41M kg), though unit prices remained flat at $0.28/kg. The quarterly trend reflects volatile demand amid shifting trade conditions.

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 96.4% of value and 96.5% of weight, revealing a balanced value-volume gap—indicating Argentina serves as a bulk buyer with no premium pricing pressure. Uruguay, the secondary market, mirrors this pattern (3.2% value vs. 3.2% weight), reinforcing a cost-driven trade structure. The absence of high-value skews suggests Paraguay’s supply chain is optimized for volume efficiency, not premium segmentation. Strategic focus remains on high-volume, low-margin flows to regional processors.

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 Code 23040010 dominates Paraguay’s soybean oilcake exports (91.5% frequency, 99.2% volume), crushing the minor 23040090 sub-code (8.5% frequency). The sheer volume (515.63M units) and value concentration (99.2%) confirm a low-cost bulk commodity market, where scale trumps premium pricing—typical for Paraguay HS Code 2304 exports. The negligible price variance between sub-codes suggests buyers prioritize raw volume over specialized quality, reinforcing a volume-driven trade strategy for Q3 2025.

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 Q3?

Exports dipped 30.61% month-on-month in August but rebounded 17.9% in September, with unit prices holding steady at $0.28/kg.

What are the top Export partners for Paraguay Soybean oilcake?

Argentina ($143.7M), Uruguay ($4.8M), and Chile ($504.7K) dominated shipments.

Who are the major Soybean oilcake Buyers?

Agrograin Ltd ($49.53M) led buyers, followed by Cargill Incorporated ($1.47M) and Perfil Granos S.R.L ($409.46K).

What is the specific HS Code for this trade?

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