The main exported products were flour and soybean oil, followed by corn. Despite its relevance, the sector remains stagnant in production and export growth, largely depending on fluctuations in international prices to modify its foreign income structure.
The Argentine Chamber of the Oilseed Industry (CIARA) and the Grain Exporters Center (CEC) reported today that during October, companies in the agro-export sector liquidated USD 1.117 billion. This figure represents a 56% decrease compared to the same month last year and an 84% drop compared to September of this year.
According to the entities, the accumulated amount from January to October reached USD 29.564 billion, which implies a 40% year-on-year increase compared to the same period in 2024.
Export Duties
October's performance was marked by the execution of grain shipments and milling for export, under the special regime established by Decree 682/2025, which temporarily suspended export duties.
As explained, the foreign exchange income recorded in October is mainly due to operations carried out in advance during September.
The chambers recalled that the monthly inflow of foreign exchange, converted into pesos, allows for the purchase of grains from producers at the best possible price.
The liquidation is directly linked to the acquisition of grains destined for export, either in their original state or after an industrial process.
The sector noted that most of the foreign exchange income is generated between 30 and 90 days in advance of the actual export, depending on the type of product and the stage of the season, so there are no delays in liquidations.
Furthermore, they emphasized that statistical comparisons between different periods are often inaccurate due to exogenous factors affecting the grain commercial cycle, such as international price variations, supply contraction, weather conditions, holidays, union measures, regulatory changes, or health requirements of other countries.
Profile of the Export Complex
The oilseed-grain complex, including biodiesel and its derivatives, contributed 45% of Argentina's total exports in 2024, according to INDEC data.