2020
Exports
$13World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Soybean Oil
-0.93Rnk 821 / 1025
2020
Imports
$108MWorld Rnk 35 / 215
Flag Rnk 3 / 1004

About

Imports In 2022, Cuba imported $108M in Soybean Oil, becoming the 35th largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 3rd most imported product in Cuba. Cuba imports Soybean Oil primarily from: Brazil ($95M), Argentina ($8.18M), Dominican Republic ($4.16M), Spain ($562k), and Chile ($436k).

The fastest growing import markets in Soybean Oil for Cuba between 2021 and 2022 were Brazil ($58.3M), Argentina ($8.18M), and Spain ($524k).

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 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 (2020)$13
IMPORTS (2022)$108M
NET TRADE (2022)-$108M

In 2022, Cuba imported $108M in Soybean Oil, mainly from Brazil ($95M), Argentina ($8.18M), Dominican Republic ($4.16M), Spain ($562k), and Chile ($436k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Soybean Oil by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

Soybean Oil’s highest export potential is N/A. With an export gap of N/A.   Soybean Oil’s highest import potential is N/A with an import gap of N/A.

See methodology.

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