2023
Exports
$38.2MWorld Rnk 35 / 121
Flag Rnk 360 / 1209
2023
PRODUCT COMPLEXITY IN Soybean Meal
-1.09Rnk 852 / 1025
2023
Imports
$124MWorld Rnk 55 / 175
Flag Rnk 293 / 1210
2023
ECONOMIC COMPLEXITY of United Arab Emirates
0.15Rnk 54 / 132

About

Exports In 2023, United Arab Emirates exported $38.2M in Soybean Meal, making it the 35th largest exporter of Soybean Meal in the world. At the same year, Soybean Meal was the 360th most exported product in United Arab Emirates. The main destination of Soybean Meal exports from United Arab Emirates are: Kuwait ($14.8M), Qatar ($10.3M), Pakistan ($6.23M), Oman ($3.4M), and Canada ($1.46M).

The fastest growing export markets for Soybean Meal of United Arab Emirates between 2022 and 2023 were Pakistan ($6.23M), Canada ($1.46M), and United States ($260k).

Imports In 2023, United Arab Emirates imported $124M in Soybean Meal, becoming the 55th largest importer of Soybean Meal in the world. At the same year, Soybean Meal was the 293rd most imported product in United Arab Emirates. United Arab Emirates imports Soybean Meal primarily from: Brazil ($40.6M), Argentina ($27.8M), India ($25.7M), Paraguay ($19.7M), and Benin ($4.74M).

The fastest growing import markets in Soybean Meal for United Arab Emirates between 2022 and 2023 were India ($25.6M), Benin ($4.74M), and Turkey ($3.99M).

Latest Trends

Dec 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 (2023)$38.2M
IMPORTS (2023)$124M
NET TRADE (2023)-$86.1M

In 2023, United Arab Emirates exported $38.2M in Soybean Meal. The main destinations of United Arab Emirates exports on Soybean Meal were Kuwait ($14.8M), Qatar ($10.3M), Pakistan ($6.23M), Oman ($3.4M), and Canada ($1.46M).

In 2023, United Arab Emirates imported $124M in Soybean Meal, mainly from Brazil ($40.6M), Argentina ($27.8M), India ($25.7M), Paraguay ($19.7M), and Benin ($4.74M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Soybean Meal EXPORT MARKETS FOR United Arab Emirates WERE (2022 - 2023):
Pakistan$6.23M (1%)
Canada$1.46M (1%)
United States$260k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Meal BY United Arab Emirates WERE (2022 - 2023):
Iran-$268M (-100%)
Kuwait-$30.9M (-67.6%)
Saudi Arabia-$6.9M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, United Arab Emirates's main exporting competitors in Soybean Meal were:
In 2023, United Arab Emirates's main importing competitors in Soybean Meal were:

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Trade Value of Soybean Meal by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALSaudi Arabia+ $2.17M
TOP IMPORT POTENTIALBrazil+ $9.74M

Soybean Meal’s highest export potential is Saudi Arabia. With an export gap of $2.17M.   Soybean Meal’s highest import potential is Brazil with an import gap of $9.74M.

See methodology.

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