2023
Exports
$1.39BWorld Rnk 5 / 142
Flag Rnk 5 / 1151
2023
PRODUCT COMPLEXITY IN Soybeans
-1.67Rnk 968 / 1025
2023
Imports
$1.87MWorld Rnk 97 / 193
Flag Rnk 806 / 1190
2023
ECONOMIC COMPLEXITY of Ukraine
0.39Rnk 47 / 132

About

Exports In 2023, Ukraine exported $1.39B in Soybeans, making it the 5th largest exporter of Soybeans in the world. At the same year, Soybeans was the 5th most exported product in Ukraine. The main destination of Soybeans exports from Ukraine are: Turkey ($375M), Egypt ($316M), Netherlands ($112M), Germany ($95.1M), and Italy ($84.6M).

The fastest growing export markets for Soybeans of Ukraine between 2022 and 2023 were Egypt ($285M), Turkey ($57.2M), and Netherlands ($54.8M).

Imports In 2023, Ukraine imported $1.87M in Soybeans, becoming the 97th largest importer of Soybeans in the world. At the same year, Soybeans was the 806th most imported product in Ukraine. Ukraine imports Soybeans primarily from: Canada ($654k), France ($293k), Poland ($241k), Romania ($238k), and Austria ($149k).

The fastest growing import markets in Soybeans for Ukraine between 2022 and 2023 were Canada ($607k), France ($235k), and Romania ($202k).

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 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 (2023)$1.39B
IMPORTS (2023)$1.87M
NET TRADE (2023)$1.39B

In 2023, Ukraine exported $1.39B in Soybeans. The main destinations of Ukraine exports on Soybeans were Turkey ($375M), Egypt ($316M), Netherlands ($112M), Germany ($95.1M), and Italy ($84.6M).

In 2023, Ukraine imported $1.87M in Soybeans, mainly from Canada ($654k), France ($293k), Poland ($241k), Romania ($238k), and Austria ($149k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Soybeans EXPORT MARKETS FOR Ukraine WERE (2022 - 2023):
Egypt$285M (913%)
Turkey$57.2M (18%)
Netherlands$54.8M (95.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybeans BY Ukraine WERE (2022 - 2023):
Belarus-$14.7M (-100%)
Slovakia-$5.05M (-40.3%)
Georgia-$4.9M (-69.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Ukraine's main exporting competitors in Soybeans were:
In 2023, Ukraine's main importing competitors in Soybeans were:
China $56.6B
Japan $2.14B

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Trade Value of Soybeans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $83.2M
TOP IMPORT POTENTIALCanada+ $48.9k

Soybeans’s highest export potential is China. With an export gap of $83.2M.   Soybeans’s highest import potential is Canada with an import gap of $48.9k.

See methodology.

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