2025 Mar Paraguay Soybean oilcake (HS 230400) Export Snapshot: Volume Surge

March 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 rise sharply in March, with volume up 61.81% MoM to 158.36M kg. Shipment value climbed 65.66% to $50.12M, while unit prices edged up 2.38% to $0.32/kg. The surge follows February's explosive growth, when volumes more than tripled (+226.52%) and values nearly doubled (+174.91%). Paraguay's soybean byproduct trade remains on an upward trajectory, with March marking the second consecutive month of double-digit expansion.

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 90.2% of volume but only 88.6% of value—a narrow gap signaling balanced trade dynamics, likely driven by standardized bulk shipments rather than premium pricing. The remaining markets (Brazil, Uruguay) show similar weight-value alignment, reinforcing a cost-efficient, volume-focused supply chain optimized for regional processing hubs. No domestic logistics loops or premium outliers exist, indicating commoditized trade flows with minimal value-added differentiation. Strategic priority: scale over specialization.

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 97.9% frequency and 88.8% volume in March 2025, with nearly 140M kg shipped—far outpacing the fragmented 11.3% share of 23040090. The absence of unit price data suggests bulk, low-margin trade, typical for commodity byproducts like soybean meal. This aligns with Paraguay HS Code 230400 Export trends favoring high-volume, cost-driven markets over premium segments. The near-total reliance on 23040010 confirms a market anchored in scale, not value-add.

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 March?

Paraguay's soybean oilcake exports rose 65.66% month-on-month to $50.12M in March, with volume up 61.81% to 158.36M kg. Unit prices edged up 2.38% to $0.32/kg.

What are the top Export partners for Paraguay Soybean oilcake?

Argentina ($44.43M), Brazil ($3.53M), and Uruguay ($1.71M) were the top destinations in March.

Who are the major Soybean oilcake Buyers?

Agrograin Ltd dominated purchases with $17.35M in March, accounting for 34.6% of total export value.

What is the specific HS Code for this trade?

The data covers HS Code 230400.