2022
Exports | Imports
$412M | $14.9kWorld Rnk 10 / 124
Flag Rnk 73 / 1200
World Rnk 166 / 174
Flag Rnk 1178 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.42Rnk 45 / 124
2022
PRODUCT COMPLEXITY IN Soybean Meal
-1.22Rnk 888 / 1025

About

Exports In 2022, Russia exported $412M in Soybean Meal, making it the 10th largest exporter of Soybean Meal in the world. At the same year, Soybean Meal was the 73rd most exported product in Russia. The main destination of Soybean Meal exports from Russia are: United States ($96.1M), Germany ($87.9M), Turkey ($79.8M), Kazakhstan ($27.9M), and Netherlands ($20.3M).

The fastest growing export markets for Soybean Meal of Russia between 2021 and 2022 were United States ($88.2M), Germany ($57.8M), and Turkey ($31M).

Imports In 2022, Russia imported $14.9k in Soybean Meal, becoming the 166th largest importer of Soybean Meal in the world. At the same year, Soybean Meal was the 1178th most imported product in Russia. Russia imports Soybean Meal primarily from: Netherlands ($14.9k), Turkey ($31), India ($7), and Latvia ($6).

The fastest growing import markets in Soybean Meal for Russia between 2021 and 2022 were Turkey ($19) and Latvia ($6).

COMPANIES In 2021, leading companies such as were at the forefront of shipping Soybean Meal from Russia to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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

The following visualization shows the latest trends on Soybean Meal. Countries are shown based on data availability.

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

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Historical Data

Trade Balance

Color
EXPORTS (2022)$412M
IMPORTS (2022)$14.9k
NET TRADE (2022)$412M

In 2022, Russia exported $412M in Soybean Meal. The main destinations of Russia exports on Soybean Meal were United States ($96.1M), Germany ($87.9M), Turkey ($79.8M), Kazakhstan ($27.9M), and Netherlands ($20.3M).

In 2022, Russia imported $14.9k in Soybean Meal, mainly from Netherlands ($14.9k), Turkey ($31), India ($7), and Latvia ($6).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybean Meal EXPORT MARKETS FOR Russia WERE (2021 - 2022):
United States$88.2M (1.11k%)
Germany$57.8M (192%)
Turkey$31M (63.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Meal BY Russia WERE (2021 - 2022):
Norway-$131M (-100%)
Denmark-$53.1M (-83.1%)
Netherlands-$33.6M (-62.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Soybean Meal were:
In 2022, Russia's main importing competitors in Soybean Meal were:

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Trade Value of Soybean Meal by Exporters

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