2021
Exports | Imports
$591M | $517MWorld Rnk 7 / 130
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World Rnk 7 / 211
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2021
PRODUCT COMPLEXITY IN Soybean Oil
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About

Exports In 2021, Nepal exported $591M in Soybean Oil, making it the 7th largest exporter of Soybean Oil in the world. At the same year, Soybean Oil was the 1st most exported product in Nepal. The main destination of Soybean Oil exports from Nepal are: India ($591M).

The fastest growing export markets for Soybean Oil of Nepal between 2020 and 2021 were India ($386M).

Imports In 2021, Nepal imported $517M in Soybean Oil, becoming the 7th largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 3rd most imported product in Nepal. Nepal imports Soybean Oil primarily from: Argentina ($377M), Paraguay ($74.4M), Brazil ($46.2M), Egypt ($11.4M), and Ukraine ($4.05M).

The fastest growing import markets in Soybean Oil for Nepal between 2020 and 2021 were Argentina ($203M), Paraguay ($61.1M), and Brazil ($30M).

Latest Trends

Dec 2023

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 (2021)$591M
IMPORTS (2021)$517M
NET TRADE (2021)$73.5M

In 2021, Nepal exported $591M in Soybean Oil. The main destinations of Nepal exports on Soybean Oil were India ($591M).

In 2021, Nepal imported $517M in Soybean Oil, mainly from Argentina ($377M), Paraguay ($74.4M), Brazil ($46.2M), Egypt ($11.4M), and Ukraine ($4.05M).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Soybean Oil EXPORT MARKETS FOR Nepal WERE (2020 - 2021):India$386M (188%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Nepal's main exporting competitors in Soybean Oil were:
In 2021, Nepal's main importing competitors in Soybean Oil were:

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Trade Value of Soybean Oil by Exporters

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