Soybean Oil in Argentina

EXPORTS (2018): $2.95B, World Rnk 1 / 110
Flag Rnk 4 / 1050

TOP DESTINATION (2018): $1.34B, India

FASTEST GROWING MARKET (2017 - 2018): $114M, China

IMPORTS (2018): $44.5M, World Rnk 37 / 201
Flag Rnk 230 / 1177

TOP ORIGIN (2018): $44.1M, Paraguay

FASTEST GROWING ORIGIN (2017 - 2018): $30.6M, Paraguay

ECONOMIC COMPLEXITY of Argentina (2018): 0.22, Rnk 57 / 137

Overview: This page contains the latest trade data of Soybean Oil in Argentina.

Exports: In 2018, Argentina exported $2.95B in Soybean Oil, making it the 1st largest exporter of Soybean Oil in the world. At the same year, Soybean Oil was the 4th most exported product in Argentina. The main destination of Soybean Oil exports from Argentina are: India ($1.34B), Bangladesh ($443M), Peru ($266M), Venezuela ($136M), and Morocco ($130M).

The fastest growing export markets for Soybean Oil of Argentina between 2017 and 2018 were China ($114M), Bangladesh ($35.8M), and Mozambique ($21.5M).

Imports: In 2018, Argentina imported $44.5M in Soybean Oil, becoming the 37th largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 230th most imported product in Argentina. Argentina imports Soybean Oil primarily from: Paraguay ($44.1M), Bolivia ($423k), Netherlands ($14.3k), Germany ($8.36k), and Brazil ($7.47k).

The fastest growing import markets in Soybean Oil for Argentina between 2017 and 2018 were Paraguay ($30.6M), Bolivia ($409k), and Netherlands ($2.92k).

Tariffs: In 2018, the average tariff for Argentina in Soybean Oil was 10.5%. The countries with the highest import tariffs for Soybean Oil were Angola (11%), Burundi (11%), Benin (11%), Burkina Faso (11%), and Botswana (11%).

Value

EXPORTS (2018): $2.95B

IMPORTS (2018): $44.5M

NET TRADE (2018): $2.9B

In 2018, Argentina exported $2.95B in Soybean Oil. The main destinations of Argentina exports on Soybean Oil were India ($1.34B), Bangladesh ($443M), Peru ($266M), Venezuela ($136M), and Morocco ($130M).

In 2018, Argentina imported $44.5M in Soybean Oil, mainly from Paraguay ($44.1M), Bolivia ($423k), Netherlands ($14.3k), Germany ($8.36k), and Brazil ($7.47k).

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IN 2018, Argentina HAD A POSITIVE NET TRADE IN Soybean Oil WITH:

  • India, $1.34B ($1.34B - $0)
  • Bangladesh, $443M ($443M - $0)
  • Peru, $266M ($266M - $0)

IN 2018, Argentina HAD A NEGATIVE NET TRADE IN Soybean Oil WITH:

  • Paraguay, -$44.1M ($0 - $44.1M)
  • Bolivia, -$423k ($0 - $423k)
  • Germany, -$8.36k ($0 - $8.36k)
Flow

THE FASTEST GROWING Soybean Oil EXPORT MARKETS FOR Argentina WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Oil BY Argentina WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Argentina's main exporting competitors in Soybean Oil were:

In 2018, Argentina's main importing competitors in Soybean Oil were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Soybean Oil in Argentina. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the average tariff for Argentina in Soybean Oil was 10.5%.

The countries with the highest tariffs for Soybean Oil in Argentina were Angola (11%), Burundi (11%), Benin (11%), Burkina Faso (11%), and Botswana (11%).

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