Soybean Oil in 
North Korea
2016 Exports | Imports : $1.12k | $70.1M, World Rnk 0 / 0 Rnk 0 / 0 | World Rnk 32 / 209 Rnk 1 / 696
Imports In 2020, North Korea imported $70.1M in Soybean Oil, becoming the 32nd largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 1st most imported product in North Korea. North Korea imports Soybean Oil primarily from: China ($65.8M) and Russia ($4.3M).
The fastest growing import markets in Soybean Oil for North Korea between 2019 and 2020 were Russia ($66k).
Latest Trends
#permalink to sectionSubnational Monthly Trade
#permalink to sectionFor 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.
Historical Data
#permalink to sectionTrade Balance
#permalink to sectionEXPORTS (2016): $1.12k
IMPORTS (2020): $70.1M
NET TRADE (2020): -$70.1M
In 2020, North Korea imported $70.1M in Soybean Oil, mainly from China ($65.8M) and Russia ($4.3M).
Net Trade
#permalink to sectionMarket Growth
#permalink to sectionMarket Concentration
#permalink to sectionIn 2019, North Korea's main exporting competitors in Soybean Oil were:
- Argentina , $3.9B
- United States , $1.03B
- Brazil , $767M
