2022
Exports
$24kWorld Rnk 102 / 124
Flag Rnk 1102 / 1194
2022
PRODUCT COMPLEXITY IN Soybean Meal
-1.24Rnk 894 / 1025
2022
Imports
$2.92BWorld Rnk 1 / 174
Flag Rnk 10 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $24k in Soybean Meal, making it the 102nd largest exporter of Soybean Meal in the world. At the same year, Soybean Meal was the 1102nd most exported product in Indonesia. The main destination of Soybean Meal exports from Indonesia are: Burma ($19.4k), Papua New Guinea ($2.55k), United States ($1.9k), Singapore ($92), and Hungary ($77).

The fastest growing export markets for Soybean Meal of Indonesia between 2021 and 2022 were Papua New Guinea ($2.55k), United States ($1.9k), and Singapore ($87).

Imports In 2022, Indonesia imported $2.92B in Soybean Meal, becoming the 1st largest importer of Soybean Meal in the world. At the same year, Soybean Meal was the 10th most imported product in Indonesia. Indonesia imports Soybean Meal primarily from: Brazil ($1.56B), Argentina ($1.3B), Paraguay ($36.3M), United States ($18.5M), and India ($6.11M).

The fastest growing import markets in Soybean Meal for Indonesia between 2021 and 2022 were Brazil ($702M), Paraguay ($23.4M), and Thailand ($47.4k).

Latest Trends

Sep 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 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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Historical Data

Trade Balance

Color
EXPORTS (2022)$24k
IMPORTS (2022)$2.92B
NET TRADE (2022)-$2.92B

In 2022, Indonesia exported $24k in Soybean Meal. The main destinations of Indonesia exports on Soybean Meal were Burma ($19.4k), Papua New Guinea ($2.55k), United States ($1.9k), Singapore ($92), and Hungary ($77).

In 2022, Indonesia imported $2.92B in Soybean Meal, mainly from Brazil ($1.56B), Argentina ($1.3B), Paraguay ($36.3M), United States ($18.5M), and India ($6.11M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybean Meal EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
Papua New Guinea$2.55k (1%)
United States$1.9k (1%)
Singapore$87 (1.74k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Meal BY Indonesia WERE (2021 - 2022):
Philippines-$5.03M (-100%)
Malaysia-$563k (-100%)
Burma-$253k (-92.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Soybean Meal were:
In 2022, Indonesia's main importing competitors in Soybean Meal were:

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Trade Value of Soybean Meal by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALPapua New Guinea+ $2.04k
TOP IMPORT POTENTIALUnited States+ $27.7M

Soybean Meal’s highest export potential is Papua New Guinea. With an export gap of $2.04k.   Soybean Meal’s highest import potential is United States with an import gap of $27.7M.

See methodology.

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