2022
Exports
$54.2MWorld Rnk 33 / 124
Flag Rnk 35 / 996
2022
PRODUCT COMPLEXITY IN Soybean Meal
-1.24Rnk 894 / 1025
2022
Imports
$16.7MWorld Rnk 107 / 174
Flag Rnk 167 / 1121
2022
ECONOMIC COMPLEXITY of Belarus
0.82Rnk 32 / 133

About

Exports In 2022, Belarus exported $54.2M in Soybean Meal, making it the 33rd largest exporter of Soybean Meal in the world. At the same year, Soybean Meal was the 35th most exported product in Belarus. The main destination of Soybean Meal exports from Belarus are: Lithuania ($32.3M), Germany ($8.35M), France ($6.74M), Poland ($4.57M), and Finland ($1.86M).

The fastest growing export markets for Soybean Meal of Belarus between 2021 and 2022 were Lithuania ($32.3M), France ($4.42M), and Germany ($3.47M).

Imports In 2022, Belarus imported $16.7M in Soybean Meal, becoming the 107th largest importer of Soybean Meal in the world. At the same year, Soybean Meal was the 167th most imported product in Belarus. Belarus imports Soybean Meal primarily from: Ukraine ($16.4M), Latvia ($272k), and Lithuania ($17.8k).

The fastest growing import markets in Soybean Meal for Belarus between 2021 and 2022 were Latvia ($272k) and Lithuania ($17.8k).

Latest Trends

Jul 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)$54.2M
IMPORTS (2022)$16.7M
NET TRADE (2022)$37.5M

In 2022, Belarus exported $54.2M in Soybean Meal. The main destinations of Belarus exports on Soybean Meal were Lithuania ($32.3M), Germany ($8.35M), France ($6.74M), Poland ($4.57M), and Finland ($1.86M).

In 2022, Belarus imported $16.7M in Soybean Meal, mainly from Ukraine ($16.4M), Latvia ($272k), and Lithuania ($17.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybean Meal EXPORT MARKETS FOR Belarus WERE (2021 - 2022):
Lithuania$32.3M (1%)
France$4.42M (191%)
Germany$3.47M (71%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Meal BY Belarus WERE (2021 - 2022):
Russia-$142M (-100%)
Poland-$9.27M (-67%)
Ukraine-$8.58M (-98.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Soybean Meal by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $4.37M
TOP IMPORT POTENTIALLithuania+ $19.9k

Soybean Meal’s highest export potential is Poland. With an export gap of $4.37M.   Soybean Meal’s highest import potential is Lithuania with an import gap of $19.9k.

See methodology.

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