2022
Exports
$210kWorld Rnk 95 / 135
Flag Rnk 563 / 1074
2022
PRODUCT COMPLEXITY IN Soybean Oil
-0.93Rnk 821 / 1025
2022
Imports
$542kWorld Rnk 151 / 215
Flag Rnk 784 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $210k in Soybean Oil, making it the 95th largest exporter of Soybean Oil in the world. At the same year, Soybean Oil was the 563rd most exported product in Sri Lanka. The main destination of Soybean Oil exports from Sri Lanka are: Chile ($175k), Grenada ($26k), Australia ($8.8k), Canada ($148), and Maldives ($50).

The fastest growing export markets for Soybean Oil of Sri Lanka between 2021 and 2022 were Chile ($145k), Grenada ($26k), and Australia ($7.49k).

Imports In 2022, Sri Lanka imported $542k in Soybean Oil, becoming the 151st largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 784th most imported product in Sri Lanka. Sri Lanka imports Soybean Oil primarily from: Malaysia ($263k), Italy ($171k), Singapore ($78.7k), India ($28.6k), and Germany ($527).

The fastest growing import markets in Soybean Oil for Sri Lanka between 2021 and 2022 were Singapore ($78.7k), India ($11.9k), and Germany ($527).

Latest Trends

Nov 2024

Subnational Monthly Trade

View
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.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$210k
IMPORTS (2022)$542k
NET TRADE (2022)-$332k

In 2022, Sri Lanka exported $210k in Soybean Oil. The main destinations of Sri Lanka exports on Soybean Oil were Chile ($175k), Grenada ($26k), Australia ($8.8k), Canada ($148), and Maldives ($50).

In 2022, Sri Lanka imported $542k in Soybean Oil, mainly from Malaysia ($263k), Italy ($171k), Singapore ($78.7k), India ($28.6k), and Germany ($527).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybean Oil EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Chile$145k (488%)
Grenada$26k (1%)
Australia$7.49k (574%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Oil BY Sri Lanka WERE (2021 - 2022):Belgium-$170 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Soybean Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustralia+ $9.45k
TOP IMPORT POTENTIALItaly+ $48.9k

Soybean Oil’s highest export potential is Australia. With an export gap of $9.45k.   Soybean Oil’s highest import potential is Italy with an import gap of $48.9k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with