Soybean Oil in Argentina | The Observatory of Economic Complexity

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Exports In 2022, Argentina exported $6.79B in Soybean Oil, making it the 1st largest exporter of Soybean Oil in the world. At the same year, Soybean Oil was the 3rd most exported product in Argentina. The main destination of Soybean Oil exports from Argentina are: India ($3.1B), Bangladesh ($513M), Peru ($404M), Morocco ($260M), and Chile ($244M).

The fastest growing export markets for Soybean Oil of Argentina between 2021 and 2022 were Morocco ($183M), Dominican Republic ($176M), and Pakistan ($122M).

Imports In 2022, Argentina imported $142M in Soybean Oil, becoming the 32nd largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 117th most imported product in Argentina. Argentina imports Soybean Oil primarily from: Paraguay ($142M), Bolivia ($178k), South Korea ($32k), Netherlands ($27.8k), and Germany ($9.28k).

The fastest growing import markets in Soybean Oil for Argentina between 2021 and 2022 were Paraguay ($103M), South Korea ($32k), and Netherlands ($22.6k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Soybean Oil from Argentina 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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EXPORTS (2022)$6.79B

IMPORTS (2022)$142M

NET TRADE (2022)$6.65B

In 2022, Argentina exported $6.79B in Soybean Oil. The main destinations of Argentina exports on Soybean Oil were India ($3.1B), Bangladesh ($513M), Peru ($404M), Morocco ($260M), and Chile ($244M).

In 2022, Argentina imported $142M in Soybean Oil, mainly from Paraguay ($142M), Bolivia ($178k), South Korea ($32k), Netherlands ($27.8k), and Germany ($9.28k).