Soybean Meal in Vietnam | The Observatory of Economic Complexity

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Exports In 2022, Vietnam exported $82M in Soybean Meal, making it the 24th largest exporter of Soybean Meal in the world. At the same year, Soybean Meal was the 326th most exported product in Vietnam. The main destination of Soybean Meal exports from Vietnam are: Cambodia ($68.9M), Philippines ($7.18M), Laos ($3.12M), Burma ($1.25M), and South Korea ($672k).

The fastest growing export markets for Soybean Meal of Vietnam between 2021 and 2022 were Cambodia ($19.9M), Laos ($1.72M), and South Korea ($672k).

Imports In 2022, Vietnam imported $2.5B in Soybean Meal, becoming the 2nd largest importer of Soybean Meal in the world. At the same year, Soybean Meal was the 24th most imported product in Vietnam. Vietnam imports Soybean Meal primarily from: Argentina ($1.53B), Brazil ($809M), India ($88.7M), United States ($33.6M), and Paraguay ($25.9M).

The fastest growing import markets in Soybean Meal for Vietnam between 2021 and 2022 were Brazil ($254M), Argentina ($95.1M), and India ($32.2M).

Apr 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 Meal. 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)$82M

IMPORTS (2022)$2.5B

NET TRADE (2022)-$2.41B

In 2022, Vietnam exported $82M in Soybean Meal. The main destinations of Vietnam exports on Soybean Meal were Cambodia ($68.9M), Philippines ($7.18M), Laos ($3.12M), Burma ($1.25M), and South Korea ($672k).

In 2022, Vietnam imported $2.5B in Soybean Meal, mainly from Argentina ($1.53B), Brazil ($809M), India ($88.7M), United States ($33.6M), and Paraguay ($25.9M).