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210310 (Harmonized System 1992 for 6-digit)

2023
World Trade $894MRnk 2238 / 4644
2023
Top Exporter | Top Importer $233M | $114MChina | United States
2023
Product Complexity 0.62Rnk 1457 / 4656
2022 - 2023
Export Growth (CAGR) -4.9%Rnk 2089 / 4644
2023
Share of World Trade 0.004%Rnk 2238 / 4644

About

Overview This page contains the latest trade data of Soya sauce. In 2023, Soya sauce were the world's 2238th most traded product, with a total trade of $894M. Between 2022 and 2023 the exports of Soya sauce decreased by -4.9%, from $940M to $894M. Trade in Soya sauce represent 0.004% of total world trade.

Soya sauce are a part of Sauces and Seasonings.

Exports In 2023 the top exporters of Soya sauce  were China ($233M), Netherlands ($109M), Japan ($91.1M), United States ($75.7M), and Germany ($67.2M).

Imports In 2023 the top importers of Soya sauce were United States ($114M), Canada ($53.4M), Germany ($52.4M), France ($51.9M), and United Kingdom ($46.7M).

Ranking Soya sauce ranks 1457th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Soya sauce. 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)China$233M
Top Destination (2023)United States$114M

In 2023 Soya sauce were the world's 2238th most traded product (out of 4,644).

In 2023, the top exporters of Soya sauce were China ($233M), Netherlands ($109M), Japan ($91.1M), United States ($75.7M), and Germany ($67.2M).

In 2023, the top importers of Soya sauce were United States ($114M), Canada ($53.4M), Germany ($52.4M), France ($51.9M), and United Kingdom ($46.7M).

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Exporters of Soya sauce (2023)
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Importers of Soya sauce (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Canada$5.79M
Top Destination Growth (2022 -  2023)Malaysia$5.34M

Between 2022 and 2023, the exports of Soya sauce grew the fastest in Canada ($5.79M), Indonesia ($5.02M), Poland ($4.24M), Germany ($2.94M), and Austria ($1.74M).

Between 2022 and 2023, the fastest growing importers of Soya sauce were Malaysia ($5.34M), Canada ($2.86M), Germany ($2.77M), Austria ($2.64M), and Spain ($2.63M).

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Exporters of Soya sauce (2022 - 2023)

Importers of Soya sauce (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Soya sauce.

In 2023, market concentration measured using Shannon Entropy, was 3.8. This means that most of the exports of Soya sauce are explained by 13 countries.

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Value of Exports in Soya sauce

Net Trade

TOP NET EXPORTER (2023)China$213M
TOP NET IMPORTER (2023)France$49.5M

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

In 2023, the countries that had a largest trade value in exports than in imports of Soya sauce were China ($213M), Japan ($87.7M), Netherlands ($82.3M), Singapore ($38.3M), and Thailand ($33.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Soya sauce were France ($49.5M), Canada ($44.1M), Australia ($40.6M), United Kingdom ($39.3M), and United States ($38.6M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Soya sauce 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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