2022
Exports
$114MWorld Rnk 23 / 135
Flag Rnk 530 / 1217
2022
PRODUCT COMPLEXITY IN Soybean Oil
-0.93Rnk 821 / 1025
2022
Imports
$85.5MWorld Rnk 41 / 215
Flag Rnk 685 / 1215
2022
ECONOMIC COMPLEXITY of France
1.3Rnk 16 / 133

About

Exports In 2022, France exported $114M in Soybean Oil, making it the 23rd largest exporter of Soybean Oil in the world. At the same year, Soybean Oil was the 530th most exported product in France. The main destination of Soybean Oil exports from France are: Spain ($55.9M), Morocco ($36.1M), Senegal ($6.06M), Ireland ($3.67M), and Netherlands ($2.64M).

The fastest growing export markets for Soybean Oil of France between 2021 and 2022 were Spain ($21.9M), Morocco ($17.4M), and Senegal ($6.06M).

Imports In 2022, France imported $85.5M in Soybean Oil, becoming the 41st largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 685th most imported product in France. France imports Soybean Oil primarily from: Romania ($22M), Spain ($18.2M), Netherlands ($16.5M), Germany ($8.67M), and Belgium ($6.97M).

The fastest growing import markets in Soybean Oil for France between 2021 and 2022 were Romania ($22M), Spain ($11M), and Belgium ($3.01M).

Latest Trends

Aug 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 (2022)$114M
IMPORTS (2022)$85.5M
NET TRADE (2022)$28.7M

In 2022, France exported $114M in Soybean Oil. The main destinations of France exports on Soybean Oil were Spain ($55.9M), Morocco ($36.1M), Senegal ($6.06M), Ireland ($3.67M), and Netherlands ($2.64M).

In 2022, France imported $85.5M in Soybean Oil, mainly from Romania ($22M), Spain ($18.2M), Netherlands ($16.5M), Germany ($8.67M), and Belgium ($6.97M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybean Oil EXPORT MARKETS FOR France WERE (2021 - 2022):
Spain$21.9M (64.4%)
Morocco$17.4M (93.3%)
Senegal$6.06M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Oil BY France WERE (2021 - 2022):
Netherlands-$15.2M (-85.2%)
Egypt-$11M (-99.7%)
Algeria-$6.67M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Soybean Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $3.11M
TOP IMPORT POTENTIALSpain+ $6.49M

Soybean Oil’s highest export potential is Germany. With an export gap of $3.11M.   Soybean Oil’s highest import potential is Spain with an import gap of $6.49M.

See methodology.

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