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south america

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Soybean Oil Competitive in 2027 as Argentina Plans Export Tax Cuts Trade
Tariffs & Duties #soybean oil#argentina

Soybean Oil Competitive in 2027 as Argentina Plans Export Tax Cuts

Argentina will gradually reduce export taxes on soybean and soy byproducts from January 2027 to December 2028, improving competitiveness for major importers like India. The US Department of Agriculture (USDA) reported the plan, announced by President Javier Milei on May 21 and published in the Official Bulletin on June 3, 2026. The cuts aim to support soybean cultivation and could benefit India, which imports around 2.5 million tonnes of soybean oil from Argentina annually.

Jun 14, 2026 1 source
South America Expands Trade Ties with India Trade
Market Access #south america#india

South America Expands Trade Ties with India

South America, led by Argentina, is intensifying trade relations with India, emphasizing economic complementarity. Argentina is a major provider of edible oils to India, while India exports pharmaceuticals and machinery.

Jun 7, 2026 1 source