Exports In 2022, Philippines exported $16.1k in Soybean Oil, making it the 112th largest exporter of Soybean Oil in the world. At the same year, Soybean Oil was the 968th most exported product in Philippines. The main destination of Soybean Oil exports from Philippines are: Guatemala ($7.8k), Australia ($6.19k), Kuwait ($2.01k), India ($55), and Germany ($8).
The fastest growing export markets for Soybean Oil of Philippines between 2021 and 2022 were Guatemala ($7.8k), Australia ($6.19k), and Kuwait ($2.01k).
Imports In 2022, Philippines imported $103M in Soybean Oil, becoming the 37th largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 262nd most imported product in Philippines. Philippines imports Soybean Oil primarily from: Malaysia ($51.2M), Thailand ($45.1M), China ($2.26M), Austria ($1.41M), and Bosnia and Herzegovina ($917k).
The fastest growing import markets in Soybean Oil for Philippines between 2021 and 2022 were Malaysia ($16.9M), Thailand ($11.5M), and China ($2.23M).