2023
Exports
$7.09kWorld Rnk 116 / 137
Flag Rnk 487 / 765
2023
PRODUCT COMPLEXITY IN Soybean Oil
-0.85Rnk 795 / 1025
2023
Imports
$208MWorld Rnk 16 / 212
Flag Rnk 4 / 1155
2023
ECONOMIC COMPLEXITY of Zimbabwe
-0.98Rnk 110 / 132

About

Exports In 2023, Zimbabwe exported $7.09k in Soybean Oil, making it the 116th largest exporter of Soybean Oil in the world. At the same year, Soybean Oil was the 487th most exported product in Zimbabwe. The main destination of Soybean Oil exports from Zimbabwe are: Botswana ($6.63k), Zambia ($431), France ($22), and India ($2).

The fastest growing export markets for Soybean Oil of Zimbabwe between 2022 and 2023 were Botswana ($6.3k), France ($22), and India ($2).

Imports In 2023, Zimbabwe imported $208M in Soybean Oil, becoming the 16th largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 4th most imported product in Zimbabwe. Zimbabwe imports Soybean Oil primarily from: Argentina ($69.3M), South Africa ($69.2M), Mozambique ($50.2M), United Arab Emirates ($11.2M), and Portugal ($3.03M).

The fastest growing import markets in Soybean Oil for Zimbabwe between 2022 and 2023 were United Arab Emirates ($7M), Portugal ($3.03M), and Malawi ($1.67M).

Latest Trends

Dec 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 (2023)$7.09k
IMPORTS (2023)$208M
NET TRADE (2023)-$208M

In 2023, Zimbabwe exported $7.09k in Soybean Oil. The main destinations of Zimbabwe exports on Soybean Oil were Botswana ($6.63k), Zambia ($431), France ($22), and India ($2).

In 2023, Zimbabwe imported $208M in Soybean Oil, mainly from Argentina ($69.3M), South Africa ($69.2M), Mozambique ($50.2M), United Arab Emirates ($11.2M), and Portugal ($3.03M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Soybean Oil EXPORT MARKETS FOR Zimbabwe WERE (2022 - 2023):
Botswana$6.3k (1.9k%)
France$22 (1%)
India$2 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Oil BY Zimbabwe WERE (2022 - 2023):Zambia-$58.6k (-99.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Zimbabwe's main exporting competitors in Soybean Oil were:
In 2023, Zimbabwe'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 POTENTIALZambia+ $21.6k
TOP IMPORT POTENTIALUnited States+ $557k

Soybean Oil’s highest export potential is Zambia. With an export gap of $21.6k.   Soybean Oil’s highest import potential is United States with an import gap of $557k.

See methodology.

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