2022
Exports
$1.11kWorld Rnk 113 / 124
Flag Rnk 1138 / 1168
2022
PRODUCT COMPLEXITY IN Soybean Meal
-1.24Rnk 894 / 1025
2022
Imports
$165MWorld Rnk 46 / 174
Flag Rnk 59 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $1.11k in Soybean Meal, making it the 113th largest exporter of Soybean Meal in the world. At the same year, Soybean Meal was the 1138th most exported product in New Zealand. The main destination of Soybean Meal exports from New Zealand are: Ireland ($548), Fiji ($290), and French Polynesia ($273).

The fastest growing export markets for Soybean Meal of New Zealand between 2021 and 2022 were Ireland ($548) and French Polynesia ($273).

Imports In 2022, New Zealand imported $165M in Soybean Meal, becoming the 46th largest importer of Soybean Meal in the world. At the same year, Soybean Meal was the 59th most imported product in New Zealand. New Zealand imports Soybean Meal primarily from: Argentina ($154M), Uruguay ($4.75M), Thailand ($3.58M), United States ($1.04M), and China ($749k).

The fastest growing import markets in Soybean Meal for New Zealand between 2021 and 2022 were Argentina ($34.7M), Uruguay ($4.75M), and Thailand ($3.58M).

Latest Trends

Oct 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)$1.11k
IMPORTS (2022)$165M
NET TRADE (2022)-$165M

In 2022, New Zealand exported $1.11k in Soybean Meal. The main destinations of New Zealand exports on Soybean Meal were Ireland ($548), Fiji ($290), and French Polynesia ($273).

In 2022, New Zealand imported $165M in Soybean Meal, mainly from Argentina ($154M), Uruguay ($4.75M), Thailand ($3.58M), United States ($1.04M), and China ($749k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybean Meal EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
Ireland$548 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Meal BY New Zealand WERE (2021 - 2022):
Fiji-$252k (-99.9%)
Malaysia-$2.67k (-100%)
Samoa-$1.02k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Soybean Meal by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIreland+ $689
TOP IMPORT POTENTIALUnited States+ $2.18M

Soybean Meal’s highest export potential is Ireland. With an export gap of $689.   Soybean Meal’s highest import potential is United States with an import gap of $2.18M.

See methodology.

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