2025 Feb Paraguay Soybean oilcake (HS 230400) Export Snapshot: Surge & Dip

February Trend: Paraguay Soybean oilcake Export

Soybean oilcake, classified under HS Code 230400 (Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soybean oil), saw a sharp rebound in February, with export volume surging 226.52% MoM to 97.87M kg. The value of shipments jumped 174.91% to $30.26M, though unit prices dropped 15.81% to $0.31/kg, signaling competitive pricing amid higher supply. Paraguay’s export momentum accelerated after a slower January, with no immediate trade disruptions influencing the uptick. The steep rise in volume suggests stronger demand or improved logistics, though price pressure may reflect market saturation.

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 95.3% of volume but only 94.9% of value, indicating a near-perfect alignment—a bulk hub for raw material processing rather than premium demand. The remaining markets (Uruguay, Chile, Angola) show similar volume-value parity, reinforcing a cost-driven, commoditized trade flow. This structure suggests supply chains are optimized for mass logistics over niche differentiation, with Argentina acting as the primary conduit for regional redistribution.

Table: Paraguay Soybean Oilcake (HS Code 230400) Top Destination Countries (Source: yTrade)

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Paraguay HS Code 230400 Breakdown & Value Logic

yTrade data reveals HS Code 23040010 (soybean oilcake) dominates Paraguay's February 2025 exports, capturing 100% of volume (97.87M kg) and 100% of value ($30.26M) under this parent code. The absence of unit price data suggests a bulk-driven market, where Paraguay leverages scale over premium pricing—typical for commodity-grade soybean byproducts. This aligns with global demand for cost-effective animal feed inputs, reinforcing Paraguay HS Code 230400 Export as a volume play. The lack of sub-code diversification signals entrenched reliance on raw extraction residues, not value-added processing. Expect sustained focus on high-quantity, low-margin trade unless downstream innovation emerges.

Paraguay Soybean Oilcake Buyers List

Table: Paraguay Soybean Oilcake (HS Code 230400) Top Buyers List (Source: yTrade)

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Frequently Asked Questions

How did Paraguay Soybean oilcake Export perform in February?

Exports surged 174.91% month-on-month to $30.26M, with volume up 226.52% to 97.87M kg. Unit prices dropped 15.81% to $0.31/kg.

What are the top Export partners for Paraguay Soybean oilcake?

Argentina ($28.71M), Uruguay ($647.06K), and Chile ($476.28K) were the top destinations.

Who are the major Soybean oilcake Buyers?

AGROGRAIN LTD dominated with $14.05M in purchases, followed by JINGA TRADING LTD at $264.06K.

What is the specific HS Code for this trade?

The data covers HS Code 230400.