HS Icon Soya-bean oil crude, whether or not degummed

150710 (Harmonized System 1992 for 6-digit)

Overview This page contains the latest trade data of Soya-bean oil crude, whether or not degummed. In 2021, Soya-bean oil crude, whether or not degummed were the world's 251st most traded product, with a total trade of $13.7B. Between 2020 and 2021 the exports of Soya-bean oil crude, whether or not degummed grew by 61.1%, from $8.51B to $13.7B. Trade in Soya-bean oil crude, whether or not degummed represent 0.00065% of total world trade.

Soya-bean oil crude, whether or not degummed are a part of Soybean Oil.

Exports In 2021 the top exporters of Soya-bean oil crude, whether or not degummed  were Argentina ($5.91B), Brazil ($1.78B), United States ($728M), Paraguay ($702M), and Spain ($559M).

Imports In 2021 the top importers of Soya-bean oil crude, whether or not degummed were India ($4.97B), China ($1.01B), Bangladesh ($904M), Algeria ($775M), and Morocco ($548M).

Tariffs In 2018 the average tariff for Soya-bean oil crude, whether or not degummed was 10.8%, making it the 2004th lowest tariff using the HS6 product classification.

Ranking Soya-bean oil crude, whether or not degummed ranks 3740th in the Product Complexity Index (PCI).

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Y-AXIS SCALE

The following visualization shows the latest trends on Soya-bean oil crude, whether or not degummed. Countries are shown based on data availability.

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

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2021): Argentina, $5.91B

Top Destination (2021): India, $4.97B

Soya-bean oil crude, whether or not degummed are the world's 251st most traded product.

In 2021, the top exporters of Soya-bean oil crude, whether or not degummed were Argentina ($5.91B), Brazil ($1.78B), United States ($728M), Paraguay ($702M), and Spain ($559M).

In 2021, the top importers of Soya-bean oil crude, whether or not degummed were India ($4.97B), China ($1.01B), Bangladesh ($904M), Algeria ($775M), and Morocco ($548M).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): Argentina, $1.97B

Top Destination Growth (2020 -  2021): India, $2.15B

Between 2020 and 2021, the exports of Soya-bean oil crude, whether or not degummed grew the fastest in Argentina ($1.97B), Brazil ($1.17B), Spain ($304M), Bolivia ($286M), and Paraguay ($272M).

Between 2020 and 2021, the fastest growing importers of Soya-bean oil crude, whether or not degummed were India ($2.15B), Bangladesh ($444M), Algeria ($311M), Nepal ($309M), and China ($254M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Soya-bean oil crude, whether or not degummed.

In 2021, market concentration measured using Shannon Entropy, was 3.34. This means that most of the exports of Soya-bean oil crude, whether or not degummed are explained by 10 countries.

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TOP NET EXPORTER (2021): Argentina, $5.87B

TOP NET IMPORTER (2021): India, $4.97B

This map shows which countries export or import more of Soya-bean oil crude, whether or not degummed. Each country is colored based on the difference in exports and imports of Soya-bean oil crude, whether or not degummed during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Soya-bean oil crude, whether or not degummed were Argentina ($5.87B), Brazil ($1.71B), United States ($712M), Paraguay ($702M), and Bolivia ($489M).

In 2021, the countries that had a largest trade value in imports than in exports of Soya-bean oil crude, whether or not degummed were India ($4.97B), China ($977M), Algeria ($755M), Morocco ($547M), and Nepal ($517M).

Country Comparison

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Ranking

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

Product Complexity

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Diversification Frontier

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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.