2025 May Paraguay Soybean oilcake (HS 230400) Export Snapshot: Vol Dip

May 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 mixed trends in May. Unit prices dropped 9.15% month-on-month to $0.30/kg, while export value fell 16.95% to $50.86M. Shipment volumes also declined 8.59% to 169.51M kg, marking a pullback after three consecutive months of growth. The downturn follows April's peak in both value ($61.24M) and volume (185.43M kg). No specific external events were tied to the contraction.

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% of weight but only 94.9% of value, indicating a bulk hub relationship where Argentina processes raw materials at scale. Uruguay, with a 4.1% weight share but 4.5% value share, shows slight premium demand, likely for higher-grade product. The near-parallel weight-value ratios suggest a cost-efficient supply chain optimized for volume over margin, typical of commodity trade structures. Strategic reliance on Argentina highlights Paraguay’s role as a raw material supplier rather than a value-added exporter.

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 (97.8% frequency, 99.8% volume), dwarfing other sub-codes like 23040090 (2.2% frequency). The sheer volume (169M kg) and value ($50.7M) at negligible unit price variance confirm a bulk-driven market, where scale trumps premium pricing—typical for commodity-grade soybean residues. This aligns with Paraguay HS Code 230400 Export trends favoring high-volume, low-margin trade. Expect stability in this pattern unless demand shifts toward specialized byproducts.

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 May?

Paraguay's soybean oilcake exports dropped 16.95% month-on-month to $50.86M in May 2025, with volumes down 8.59% to 169.51M kg. Unit prices fell 9.15% to $0.30/kg.

What are the top Export partners for Paraguay Soybean oilcake?

Argentina ($48.28M), Uruguay ($2.27M), and Chile ($305.76K) were the top destinations.

Who are the major Soybean oilcake Buyers?

Agrograin Ltd ($18.27M) dominated purchases, followed by Cargill Incorporated ($682.93K) and Perfil Granos S.R.L ($618.61K).

What is the specific HS Code for this trade?

The data covers HS Code 230400.