Sign In
Pricing

2022
ExportsfalseWorld Rnk 29 / 135
Flag Rnk 45 / 1142
2021 - 2022
FASTEST GROWING MARKET $39.8MChina
2022
PRODUCT COMPLEXITY IN Soybean Oil-0.93Rnk 821 / 1025
2022
Origin $86.5M Bolivia
2021 - 2022
FASTEST GROWING ORIGIN $86.5MBolivia
2022
ECONOMIC COMPLEXITY of Colombia0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $99.5M in Soybean Oil, making it the 29th largest exporter of Soybean Oil in the world. At the same year, Soybean Oil was the 45th most exported product in Colombia. The main destination of Soybean Oil exports from Colombia are: China ($47M), Ecuador ($37.6M), Venezuela ($13.2M), Dominican Republic ($1.61M), and Cuba ($13.7k).

The fastest growing export markets for Soybean Oil of Colombia between 2021 and 2022 were China ($39.8M), Venezuela ($4.02M), and Dominican Republic ($755k).

The fastest growing import markets in Soybean Oil for Colombia between 2021 and 2022 were Bolivia ($86.5M), Argentina ($19.9M), and United States ($7.27M).

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Oil. Countries are shown based on data availability.

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

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$99.5M

In 2022, Colombia exported $99.5M in Soybean Oil. The main destinations of Colombia exports on Soybean Oil were China ($47M), Ecuador ($37.6M), Venezuela ($13.2M), Dominican Republic ($1.61M), and Cuba ($13.7k).

In N/A, Colombia imported N/A in Soybean Oil, mainly from Bolivia ($354M), Argentina ($49.3M), United States ($45.4M), Brazil ($695k), and Ecuador ($238k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybean Oil EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
China$39.8M (555%)
Venezuela$4.02M (43.7%)
Dominican Republic$755k (88.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Oil BY Colombia WERE (2021 - 2022):
Ecuador-$27.7M (-42.4%)
Mexico-$1.37M (-100%)
Costa Rica-$436k (-100%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Colombia's main exporting competitors in Soybean Oil were:
Argentina $6.79B
Brazil $3.99B
United States $1.06B
In 2022, Colombia's main importing competitors in Soybean Oil were:
India $6.49B
Bangladesh $948M
Morocco $775M

Explore Visualizations

Trade Value of Soybean Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALDominican Republic+ $592k
TOP IMPORT POTENTIALArgentina+ $15.8M

Soybean Oil’s highest export potential is Dominican Republic. With an export gap of $592k.   Soybean Oil’s highest import potential is Argentina with an import gap of $15.8M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms