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Exports In 2022, Estonia exported $3.04M in Soybean Oil, making it the 68th largest exporter of Soybean Oil in the world. At the same year, Soybean Oil was the 474th most exported product in Estonia. The main destination of Soybean Oil exports from Estonia are: Angola ($1.8M), France ($484k), Latvia ($266k), Venezuela ($224k), and Republic of the Congo ($191k).

The fastest growing export markets for Soybean Oil of Estonia between 2021 and 2022 were Angola ($1.14M), France ($369k), and Republic of the Congo ($191k).

Imports In 2022, Estonia imported $36.4M in Soybean Oil, becoming the 64th largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 153rd most imported product in Estonia. Estonia imports Soybean Oil primarily from: Poland ($32.8M), Russia ($1.25M), Belarus ($756k), Lithuania ($439k), and Austria ($364k).

The fastest growing import markets in Soybean Oil for Estonia between 2021 and 2022 were Poland ($1.86M), Russia ($1.23M), and Austria ($163k).

Latest Trends

Oct 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 Oil. 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)$3.04M
IMPORTS (2022)$36.4M
NET TRADE (2022)-$33.4M

In 2022, Estonia exported $3.04M in Soybean Oil. The main destinations of Estonia exports on Soybean Oil were Angola ($1.8M), France ($484k), Latvia ($266k), Venezuela ($224k), and Republic of the Congo ($191k).

In 2022, Estonia imported $36.4M in Soybean Oil, mainly from Poland ($32.8M), Russia ($1.25M), Belarus ($756k), Lithuania ($439k), and Austria ($364k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybean Oil EXPORT MARKETS FOR Estonia WERE (2021 - 2022):
Angola$1.14M (170%)
France$369k (321%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Oil BY Estonia WERE (2021 - 2022):
Venezuela-$247k (-52.4%)
Czechia-$225k (-100%)
Suriname-$100k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Estonia's main exporting competitors in Soybean Oil were:
In 2022, Estonia's main importing competitors in Soybean Oil were:

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Trade Value of Soybean Oil by Exporters

Potential Exports

Potential Exports

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N/A
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Soybean Oil’s highest export potential is N/A. With an export gap of N/A.   Soybean Oil’s highest import potential is N/A with an import gap of N/A.

See methodology.

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