2022
Exports
$56.7kWorld Rnk 103 / 135
Flag Rnk 350 / 885
2022
PRODUCT COMPLEXITY IN Soybean Oil
-0.93Rnk 821 / 1025
2022
Imports
$3.89MWorld Rnk 114 / 215
Flag Rnk 194 / 1126
2022
ECONOMIC COMPLEXITY of Rwanda
-0.53Rnk 89 / 133

About

Exports In 2022, Rwanda exported $56.7k in Soybean Oil, making it the 103rd largest exporter of Soybean Oil in the world. At the same year, Soybean Oil was the 350th most exported product in Rwanda. The main destination of Soybean Oil exports from Rwanda are: Kenya ($56.7k) and Turkey ($4).

The fastest growing export markets for Soybean Oil of Rwanda between 2021 and 2022 were Kenya ($3.63k) and Turkey ($4).

Imports In 2022, Rwanda imported $3.89M in Soybean Oil, becoming the 114th largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 194th most imported product in Rwanda. Rwanda imports Soybean Oil primarily from: Egypt ($1.65M), Germany ($1.03M), Kenya ($787k), Netherlands ($206k), and Switzerland ($197k).

The fastest growing import markets in Soybean Oil for Rwanda between 2021 and 2022 were Kenya ($787k), Germany ($431k), and Switzerland ($197k).

Latest Trends

Sep 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)$56.7k
IMPORTS (2022)$3.89M
NET TRADE (2022)-$3.84M

In 2022, Rwanda exported $56.7k in Soybean Oil. The main destinations of Rwanda exports on Soybean Oil were Kenya ($56.7k) and Turkey ($4).

In 2022, Rwanda imported $3.89M in Soybean Oil, mainly from Egypt ($1.65M), Germany ($1.03M), Kenya ($787k), Netherlands ($206k), and Switzerland ($197k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybean Oil EXPORT MARKETS FOR Rwanda WERE (2021 - 2022):
Kenya$3.63k (6.84%)
Turkey$4 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Oil BY Rwanda WERE (2021 - 2022):Democratic Republic of the Congo-$4.58k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Rwanda's main exporting competitors in Soybean Oil were:
In 2022, Rwanda'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 POTENTIALIndia+ $2.14k
TOP IMPORT POTENTIALNetherlands+ $112k

Soybean Oil’s highest export potential is India. With an export gap of $2.14k.   Soybean Oil’s highest import potential is Netherlands with an import gap of $112k.

See methodology.

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