2022
Exports | Imports
$336M | $1.01MWorld Rnk 9 / 135
Flag Rnk 87 / 1200
World Rnk 143 / 215
Flag Rnk 1046 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.42Rnk 45 / 124
2022
PRODUCT COMPLEXITY IN Soybean Oil
-0.89Rnk 812 / 1025

About

Exports In 2022, Russia exported $336M in Soybean Oil, making it the 9th largest exporter of Soybean Oil in the world. At the same year, Soybean Oil was the 87th most exported product in Russia. The main destination of Soybean Oil exports from Russia are: India ($105M), China ($82.7M), Tunisia ($53.1M), Spain ($16.3M), and Egypt ($15.8M).

The fastest growing export markets for Soybean Oil of Russia between 2021 and 2022 were India ($104M), Tunisia ($35M), and Spain ($12.5M).

Imports In 2022, Russia imported $1.01M in Soybean Oil, becoming the 143rd largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 1046th most imported product in Russia. Russia imports Soybean Oil primarily from: South Korea ($640k), Germany ($163k), Poland ($84.2k), Finland ($58.9k), and Netherlands ($50k).

The fastest growing import markets in Soybean Oil for Russia between 2021 and 2022 were Germany ($81.7k), Finland ($58.9k), and Poland ($57.8k).

COMPANIES In 2021, leading companies such as were at the forefront of shipping Soybean Oil from Russia to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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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Historical Data

Trade Balance

Color
EXPORTS (2022)$336M
IMPORTS (2022)$1.01M
NET TRADE (2022)$335M

In 2022, Russia exported $336M in Soybean Oil. The main destinations of Russia exports on Soybean Oil were India ($105M), China ($82.7M), Tunisia ($53.1M), Spain ($16.3M), and Egypt ($15.8M).

In 2022, Russia imported $1.01M in Soybean Oil, mainly from South Korea ($640k), Germany ($163k), Poland ($84.2k), Finland ($58.9k), and Netherlands ($50k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybean Oil EXPORT MARKETS FOR Russia WERE (2021 - 2022):
India$104M (24.4k%)
Tunisia$35M (194%)
Spain$12.5M (326%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Oil BY Russia WERE (2021 - 2022):
Algeria-$183M (-100%)
China-$82.3M (-49.9%)
Egypt-$43.2M (-73.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Soybean Oil were:
In 2022, Russia's main importing competitors in Soybean Oil were:

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Trade Value of Soybean Oil by Exporters

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