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120810 (Harmonized System 1992 for 6-digit)

2023
World Trade $949MRnk 2168 / 4644
2023
Top Exporter | Top Importer $437M | $142MUnited States | Vietnam
2023
Product Complexity -1.6Rnk 4341 / 4656
2022 - 2023
Export Growth (CAGR) 33.4%Rnk 130 / 4644
2023
Share of World Trade 0.0042%Rnk 2168 / 4644

About

Overview This page contains the latest trade data of Soya bean flour or meal. In 2023, Soya bean flour or meal were the world's 2168th most traded product, with a total trade of $949M. Between 2022 and 2023 the exports of Soya bean flour or meal grew by 33.4%, from $711M to $949M. Trade in Soya bean flour or meal represent 0.0042% of total world trade.

Soya bean flour or meal are a part of Oil Seed Flower.

Exports In 2023 the top exporters of Soya bean flour or meal  were United States ($437M), South Africa ($91.6M), Netherlands ($78.3M), Nigeria ($60.6M), and Bolivia ($42.5M).

Imports In 2023 the top importers of Soya bean flour or meal were Vietnam ($142M), Dominican Republic ($98.5M), India ($74.6M), Belgium ($73.7M), and Pakistan ($73.3M).

Ranking Soya bean flour or meal ranks 4341st in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Soya bean flour or meal. 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 (2023)United States$437M
Top Destination (2023)Vietnam$142M

In 2023 Soya bean flour or meal were the world's 2168th most traded product (out of 4,644).

In 2023, the top exporters of Soya bean flour or meal were United States ($437M), South Africa ($91.6M), Netherlands ($78.3M), Nigeria ($60.6M), and Bolivia ($42.5M).

In 2023, the top importers of Soya bean flour or meal were Vietnam ($142M), Dominican Republic ($98.5M), India ($74.6M), Belgium ($73.7M), and Pakistan ($73.3M).

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Exporters of Soya bean flour or meal (2023)
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Importers of Soya bean flour or meal (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$84.9M
Top Destination Growth (2022 -  2023)Pakistan$73.2M

Between 2022 and 2023, the exports of Soya bean flour or meal grew the fastest in United States ($84.9M), South Africa ($84.9M), Nigeria ($60.4M), Tanzania ($30.4M), and Netherlands ($12.8M).

Between 2022 and 2023, the fastest growing importers of Soya bean flour or meal were Pakistan ($73.2M), India ($59.5M), South Korea ($31.9M), Canada ($16.5M), and China ($12.8M).

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Exporters of Soya bean flour or meal (2022 - 2023)

Importers of Soya bean flour or meal (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Soya bean flour or meal.

In 2023, market concentration measured using Shannon Entropy, was 3.26. This means that most of the exports of Soya bean flour or meal are explained by 9 countries.

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Value of Exports in Soya bean flour or meal

Net Trade

TOP NET EXPORTER (2023)United States$418M
TOP NET IMPORTER (2023)Vietnam$142M

This map shows which countries export or import more of Soya bean flour or meal. Each country is colored based on the difference in exports and imports of Soya bean flour or meal during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Soya bean flour or meal were United States ($418M), South Africa ($90.7M), Netherlands ($66.7M), Nigeria ($60.2M), and Bolivia ($42.3M).

In 2023, the countries that had a largest trade value in imports than in exports of Soya bean flour or meal were Vietnam ($142M), Pakistan ($73.3M), Belgium ($68.9M), India ($61.3M), and Canada ($49.2M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Soya bean flour or meal.
It is possible to select the main countries that export or import Soya bean flour or meal in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Soya bean flour or meal 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 (2023)

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