2021
Exports
$12.4kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Soybean Oil
-0.93Rnk 821 / 1025
2021
Imports
$241MWorld Rnk 20 / 215
Flag Rnk 26 / 1116
2022
ECONOMIC COMPLEXITY of Iran
0.072Rnk 60 / 133

About

Imports In 2022, Iran imported $241M in Soybean Oil, becoming the 20th largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 26th most imported product in Iran. Iran imports Soybean Oil primarily from: Brazil ($202M), Turkey ($37.3M), and United Arab Emirates ($1.31M).

The fastest growing import markets in Soybean Oil for Iran between 2021 and 2022 were Brazil ($106M).

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 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 (2021)$12.4k
IMPORTS (2022)$241M
NET TRADE (2022)-$241M

In 2022, Iran imported $241M in Soybean Oil, mainly from Brazil ($202M), Turkey ($37.3M), and United Arab Emirates ($1.31M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Oil BY Iran WERE (N/A - 2021):
Australia-$8.52k (-100%)
Azerbaijan-$3.91k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Soybean Oil by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $796
TOP IMPORT POTENTIALTurkey+ $5.13M

Soybean Oil’s highest export potential is India. With an export gap of $796.   Soybean Oil’s highest import potential is Turkey with an import gap of $5.13M.

See methodology.

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