Soybean Oil in Paraguay | The Observatory of Economic Complexity

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Exports In 2022, Paraguay exported $489M in Soybean Oil, making it the 7th largest exporter of Soybean Oil in the world. At the same year, Soybean Oil was the 7th most exported product in Paraguay. The main destination of Soybean Oil exports from Paraguay are: Argentina ($142M), India ($141M), Pakistan ($54M), Bangladesh ($40.7M), and Nepal ($25.9M).

The fastest growing export markets for Soybean Oil of Paraguay between 2021 and 2022 were Argentina ($103M), Angola ($15.2M), and United States ($11.5M).

Imports In 2022, Paraguay imported $2.03M in Soybean Oil, becoming the 128th largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 479th most imported product in Paraguay. Paraguay imports Soybean Oil primarily from: Brazil ($1.72M), Argentina ($257k), Bolivia ($47.8k), and United States ($4.23k).

The fastest growing import markets in Soybean Oil for Paraguay between 2021 and 2022 were Argentina ($66.2k), Bolivia ($47.8k), and United States ($4.23k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Soybean Oil from Paraguay to the United States.

Feb 2024

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For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Soybean Oil. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Year

EXPORTS (2022)$489M

IMPORTS (2022)$2.03M

NET TRADE (2022)$487M

In 2022, Paraguay exported $489M in Soybean Oil. The main destinations of Paraguay exports on Soybean Oil were Argentina ($142M), India ($141M), Pakistan ($54M), Bangladesh ($40.7M), and Nepal ($25.9M).

In 2022, Paraguay imported $2.03M in Soybean Oil, mainly from Brazil ($1.72M), Argentina ($257k), Bolivia ($47.8k), and United States ($4.23k).