150790 (Harmonized System 1992 for 6-digit)

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Overview This page contains the latest trade data of Refined soya-bean oil, not chemically modified. In 2022, Refined soya-bean oil, not chemically modified were the world's 957th most traded product, with a total trade of $3.84B. Between 2021 and 2022 the exports of Refined soya-bean oil, not chemically modified grew by 11.2%, from $3.46B to $3.84B. Trade in Refined soya-bean oil, not chemically modified represent 0.016% of total world trade.

Refined soya-bean oil, not chemically modified are a part of Soybean Oil.

Exports In 2022 the top exporters of Refined soya-bean oil, not chemically modified  were Argentina ($484M), Netherlands ($411M), Brazil ($368M), Malaysia ($289M), and United States ($253M).

Imports In 2022 the top importers of Refined soya-bean oil, not chemically modified were Chile ($273M), Venezuela ($223M), Angola ($200M), Canada ($189M), and India ($183M).

Ranking Refined soya-bean oil, not chemically modified ranks 4093rd in the Product Complexity Index (PCI).

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Latest Data

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The following visualization shows the latest trends on Refined soya-bean oil, not chemically modified. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Argentina$484M
Top Destination (2022)Chile$273M

In 2022 Refined soya-bean oil, not chemically modified were the world's 957th most traded product (out of 4,648).

In 2022, the top exporters of Refined soya-bean oil, not chemically modified were Argentina ($484M), Netherlands ($411M), Brazil ($368M), Malaysia ($289M), and United States ($253M).

In 2022, the top importers of Refined soya-bean oil, not chemically modified were Chile ($273M), Venezuela ($223M), Angola ($200M), Canada ($189M), and India ($183M).

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Exporters of Refined soya-bean oil, not chemically modified (2022)
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Importers of Refined soya-bean oil, not chemically modified (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Argentina$222M
Top Destination Growth (2021 -  2022)Canada$128M

Between 2021 and 2022, the exports of Refined soya-bean oil, not chemically modified grew the fastest in Argentina ($222M), Brazil ($83.8M), China ($81M), Malaysia ($77.4M), and United States ($67.5M).

Between 2021 and 2022, the fastest growing importers of Refined soya-bean oil, not chemically modified were Canada ($128M), Chile ($78.2M), Cuba ($73.9M), Angola ($73.1M), and Spain ($56.2M).

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Exporters of Refined soya-bean oil, not chemically modified (2021 - 2022)

Importers of Refined soya-bean oil, not chemically modified (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Refined soya-bean oil, not chemically modified.

In 2022, market concentration measured using Shannon Entropy, was 4.64. This means that most of the exports of Refined soya-bean oil, not chemically modified are explained by 24 countries.

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Value of Exports in Refined soya-bean oil, not chemically modified

Net Trade

TOP NET EXPORTER (2022)Argentina$484M
TOP NET IMPORTER (2022)Chile$272M

This map shows which countries export or import more of Refined soya-bean oil, not chemically modified. Each country is colored based on the difference in exports and imports of Refined soya-bean oil, not chemically modified during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Refined soya-bean oil, not chemically modified were Argentina ($484M), Brazil ($367M), Netherlands ($356M), Malaysia ($247M), and Thailand ($183M).

In 2022, the countries that had a largest trade value in imports than in exports of Refined soya-bean oil, not chemically modified were Chile ($272M), Angola ($200M), United Kingdom ($154M), India ($152M), and Peru ($137M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Refined soya-bean oil, not chemically modified.
It is possible to select the main countries that export or import Refined soya-bean oil, not chemically modified in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Refined soya-bean oil, not chemically modified by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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