2025 Jun Paraguay Soybean oilcake (HS 230400) Export Snapshot: Surge in Exports

June 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 exports rebound in June, with value jumping 57% MoM to $79.91M and volume surging 53% to 258.97M kg. Unit prices edged up 2.8% to $0.31/kg, reversing May’s 9% drop. The strong recovery follows a mixed Q2, where April’s gains were partially erased in May. Paraguay’s shipments have shown volatile but upward momentum since February, with June marking the highest monthly volume and value this year.

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 weight and 95.98% of value, indicating a tightly aligned bulk hub relationship where volume and value move in lockstep—typical of raw material flows to a processing neighbor. The minimal value-volume gap (0.42%) confirms Argentina’s role as a cost-efficient, high-volume destination, likely for further industrial use rather than premium consumption. Uruguay and Switzerland, with marginally higher value ratios relative to weight, hint at niche demand for specialized grades, but their shares are negligible. This structure reveals a supply chain optimized for scale over diversification, with Paraguay acting as a regional bulk supplier to Argentina’s agro-industrial ecosystem.

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 dominates Paraguay’s soybean oilcake exports, capturing 91% frequency and 99% of volume/value in June 2025, while the remaining sub-codes (e.g., 23040090) are marginal. The sheer volume (256M tons) at negligible unit price signals a bulk-commodity market, where Paraguay leverages scale over premium pricing. This aligns with global demand for cost-effective feed inputs, reinforcing the country’s role as a high-volume, low-margin exporter under HS Code 230400.

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 June?

Exports surged 57% month-on-month to $79.91M, with volumes up 53% to 258.97M kg. Unit prices rose 2.8% to $0.31/kg.

What are the top Export partners for Paraguay Soybean oilcake?

Argentina ($76.7M), Uruguay ($2.51M), and Switzerland ($576.82K) dominated shipments.

Who are the major Soybean oilcake Buyers?

Agrograin Ltd ($22.47M) and Cargill entities ($2.7M combined) led purchases.

What is the specific HS Code for this trade?

The data covers HS Code 230400.