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120110 (Harmonized System 2012 for 6-digit)

2022
World Trade $1.3BRnk 2001 / 5198
2022
Top Exporter | Top Importer $650M | $937MBrazil | Pakistan
2022
Product Complexity -2.01Rnk 5054 / 5199
2021 - 2022
Export Growth (CAGR) -26%Rnk 4964 / 5198
2022
Share of World Trade 0.0054%Rnk 2001 / 5198

About

Overview This page contains the latest trade data of Soya beans: seed, whether or not broken. In 2022, Soya beans: seed, whether or not broken were the world's 2001st most traded product, with a total trade of $1.3B. Between 2021 and 2022 the exports of Soya beans: seed, whether or not broken decreased by -26%, from $1.76B to $1.3B. Trade in Soya beans: seed, whether or not broken represent 0.0054% of total world trade.

Soya beans: seed, whether or not broken are a part of Soya beans, whether or not broken.

Exports In 2022 the top exporters of Soya beans: seed, whether or not broken  were Brazil ($650M), United States ($406M), Canada ($35.5M), Argentina ($31.2M), and Togo ($21.9M).

Imports In 2022 the top importers of Soya beans: seed, whether or not broken were Pakistan ($937M), Malaysia ($39.5M), Canada ($37.6M), Mozambique ($32.8M), and United States ($25.8M).

Ranking Soya beans: seed, whether or not broken ranks 5054th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Soya beans: seed, whether or not broken. 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)Brazil$650M
Top Destination (2022)Pakistan$937M

In 2022 Soya beans: seed, whether or not broken were the world's 2001st most traded product (out of 5,198).

In 2022, the top exporters of Soya beans: seed, whether or not broken were Brazil ($650M), United States ($406M), Canada ($35.5M), Argentina ($31.2M), and Togo ($21.9M).

In 2022, the top importers of Soya beans: seed, whether or not broken were Pakistan ($937M), Malaysia ($39.5M), Canada ($37.6M), Mozambique ($32.8M), and United States ($25.8M).

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Exporters of Soya beans: seed, whether or not broken (2022)
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Importers of Soya beans: seed, whether or not broken (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Nigeria$16.4M
Top Destination Growth (2021 -  2022)Canada$24M

Between 2021 and 2022, the exports of Soya beans: seed, whether or not broken grew the fastest in Nigeria ($16.4M), Togo ($13.1M), Pakistan ($8.47M), Austria ($6.02M), and Romania ($4.41M).

Between 2021 and 2022, the fastest growing importers of Soya beans: seed, whether or not broken were Canada ($24M), Mozambique ($7.08M), France ($5.2M), Italy ($4.4M), and Poland ($4.16M).

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Exporters of Soya beans: seed, whether or not broken (2021 - 2022)

Importers of Soya beans: seed, whether or not broken (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Soya beans: seed, whether or not broken.

In 2022, market concentration measured using Shannon Entropy, was 2.33. This means that most of the exports of Soya beans: seed, whether or not broken are explained by 5 countries.

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Value of Exports in Soya beans: seed, whether or not broken

Net Trade

TOP NET EXPORTER (2022)Brazil$650M
TOP NET IMPORTER (2022)Pakistan$928M

This map shows which countries export or import more of Soya beans: seed, whether or not broken. Each country is colored based on the difference in exports and imports of Soya beans: seed, whether or not broken during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Soya beans: seed, whether or not broken were Brazil ($650M), United States ($380M), Argentina ($30M), Togo ($21.6M), and Nigeria ($16.7M).

In 2022, the countries that had a largest trade value in imports than in exports of Soya beans: seed, whether or not broken were Pakistan ($928M), Malaysia ($33.1M), Italy ($21M), India ($18M), and Japan ($14.1M).

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 Soya beans: seed, whether or not broken.
It is possible to select the main countries that export or import Soya beans: seed, whether or not broken in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Soya beans: seed, whether or not broken 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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