Exports In 2022, Vietnam exported $123M in Soybean Oil, making it the 22nd largest exporter of Soybean Oil in the world. At the same year, Soybean Oil was the 277th most exported product in Vietnam. The main destination of Soybean Oil exports from Vietnam are: South Korea ($80.6M), India ($13.1M), Nepal ($11.2M), Malaysia ($6.67M), and Laos ($3.3M).
The fastest growing export markets for Soybean Oil of Vietnam between 2021 and 2022 were Nepal ($11.2M), South Korea ($10.7M), and Japan ($782k).
Imports In 2022, Vietnam imported $107M in Soybean Oil, becoming the 36th largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 405th most imported product in Vietnam. Vietnam imports Soybean Oil primarily from: Thailand ($70.1M), Argentina ($16.4M), Brazil ($11M), Malaysia ($5.61M), and China ($897k).
The fastest growing import markets in Soybean Oil for Vietnam between 2021 and 2022 were Argentina ($16.4M), Brazil ($7.14M), and Sweden ($815k).