Overview This page contains the latest trade data of Soybean Oil. In 2022, Soybean Oil were the world's 223rd most traded product, with a total trade of $19.7B. Between 2021 and 2022 the exports of Soybean Oil grew by 10.8%, from $17.8B to $19.7B. Trade in Soybean Oil represent 0.083% of total world trade.
Soybean Oil are a part of Animal or vegetable fats, oils, & waxes. They include Soya-bean oil crude, whether or not degummed and Refined soya-bean oil, not chemically modified.
Exports In 2022 the top exporters of Soybean Oil were Argentina ($6.79B), Brazil ($3.99B), United States ($1.06B), Bolivia ($874M), and Netherlands ($853M).
Imports In 2022 the top importers of Soybean Oil were India ($6.49B), Bangladesh ($948M), Morocco ($775M), Peru ($638M), and Algeria ($628M).
Ranking Soybean Oil ranks 912th in the Product Complexity Index (PCI).