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Exports In 2022, Estonia exported $251k in Soybeans, making it the 76th largest exporter of Soybeans in the world. At the same year, Soybeans was the 873rd most exported product in Estonia. The main destination of Soybeans exports from Estonia are: Romania ($225k), Finland ($17k), Netherlands ($6.7k), Sweden ($1.33k), and Latvia ($473).

The fastest growing export markets for Soybeans of Estonia between 2021 and 2022 were Romania ($225k), Netherlands ($6.17k), and Sweden ($1.33k).

Imports In 2022, Estonia imported $315k in Soybeans, becoming the 124th largest importer of Soybeans in the world. At the same year, Soybeans was the 974th most imported product in Estonia. Estonia imports Soybeans primarily from: Lithuania ($96.8k), Netherlands ($55k), China ($46.7k), Italy ($40.1k), and Latvia ($20.8k).

The fastest growing import markets in Soybeans for Estonia between 2021 and 2022 were Netherlands ($21.8k), Lithuania ($13.7k), and China ($11k).

Latest Trends

Nov 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 Soybeans. 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)$251k
IMPORTS (2022)$315k
NET TRADE (2022)-$64.9k

In 2022, Estonia exported $251k in Soybeans. The main destinations of Estonia exports on Soybeans were Romania ($225k), Finland ($17k), Netherlands ($6.7k), Sweden ($1.33k), and Latvia ($473).

In 2022, Estonia imported $315k in Soybeans, mainly from Lithuania ($96.8k), Netherlands ($55k), China ($46.7k), Italy ($40.1k), and Latvia ($20.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybeans EXPORT MARKETS FOR Estonia WERE (2021 - 2022):
Romania$225k (1%)
Netherlands$6.17k (1.16k%)
Sweden$1.33k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybeans BY Estonia WERE (2021 - 2022):
Thailand-$34.6k (-100%)
Finland-$10.8k (-38.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Estonia's main exporting competitors in Soybeans were:
In 2022, Estonia's main importing competitors in Soybeans were:
China $54.1B
Mexico $4.08B
Japan $2.47B

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Trade Value of Soybeans by Exporters

Potential Exports

Potential Exports

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N/A
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Soybeans’s highest export potential is N/A. With an export gap of N/A.   Soybeans’s highest import potential is N/A with an import gap of N/A.

See methodology.

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