2022
Exports
$76.4MWorld Rnk 31 / 135
Flag Rnk 184 / 1203
2022
PRODUCT COMPLEXITY IN Soybean Oil
-0.93Rnk 821 / 1025
2022
Imports
$13.6MWorld Rnk 81 / 215
Flag Rnk 558 / 1211
2022
ECONOMIC COMPLEXITY of Slovakia
1.32Rnk 15 / 133

About

Exports In 2022, Slovakia exported $76.4M in Soybean Oil, making it the 31st largest exporter of Soybean Oil in the world. At the same year, Soybean Oil was the 184th most exported product in Slovakia. The main destination of Soybean Oil exports from Slovakia are: Austria ($57M), Germany ($17.1M), Poland ($1.73M), Hungary ($211k), and Czechia ($169k).

The fastest growing export markets for Soybean Oil of Slovakia between 2021 and 2022 were Austria ($30M), Germany ($14.3M), and France ($73.7k).

Imports In 2022, Slovakia imported $13.6M in Soybean Oil, becoming the 81st largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 558th most imported product in Slovakia. Slovakia imports Soybean Oil primarily from: Poland ($6.66M), Netherlands ($2.82M), Serbia ($2.27M), Ukraine ($1.17M), and Germany ($384k).

The fastest growing import markets in Soybean Oil for Slovakia between 2021 and 2022 were Poland ($2.14M), Serbia ($1.13M), and Czechia ($32.5k).

Latest Trends

Oct 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)$76.4M
IMPORTS (2022)$13.6M
NET TRADE (2022)$62.7M

In 2022, Slovakia exported $76.4M in Soybean Oil. The main destinations of Slovakia exports on Soybean Oil were Austria ($57M), Germany ($17.1M), Poland ($1.73M), Hungary ($211k), and Czechia ($169k).

In 2022, Slovakia imported $13.6M in Soybean Oil, mainly from Poland ($6.66M), Netherlands ($2.82M), Serbia ($2.27M), Ukraine ($1.17M), and Germany ($384k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybean Oil EXPORT MARKETS FOR Slovakia WERE (2021 - 2022):
Austria$30M (111%)
Germany$14.3M (513%)
France$73.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Oil BY Slovakia WERE (2021 - 2022):
Poland-$9.35M (-84.4%)
Czechia-$564k (-76.9%)
Lithuania-$375k (-92.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Slovakia's main exporting competitors in Soybean Oil were:
In 2022, Slovakia'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 POTENTIALPoland+ $1.87M
TOP IMPORT POTENTIALUkraine+ $448k

Soybean Oil’s highest export potential is Poland. With an export gap of $1.87M.   Soybean Oil’s highest import potential is Ukraine with an import gap of $448k.

See methodology.

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