Soybean Meal in   South Korea

Overview In January 2025 South Korea's Soybean Meal exports accounted up to $3k and imports accounted up to $57.9M, resulting in a negative trade balance of $57.9M. Between January 2024 and January 2025 the exports of South Korea's   Soybean Meal have decreased by $-1.69M (-99.8%) from $1.69M to $3k, while imports decreased by $-33.7M (-36.7%) from $91.6M to $57.9M.

Destinations In January 2025, Soybean Meal were exported mostly to Vietnam ($2k), United States ($1k), China ($0), India ($0), and Singapore ($0), and were imported mostly from Brazil ($55M), India ($2.08M), China ($631k), United States ($279k), and Singapore ($0).

Growth In January 2025, the decrease in Soybean Meal's year-by-year exports was explained primarily by a decrease in exports to Japan ($-1.43M or -45.8%). In January 2025, the decrease in Soybean Meal's year-by-year imports was explained primarily by a decrease in imports from United States ($-307k or -100%).