2022
Exports
$5.2MWorld Rnk 60 / 135
Flag Rnk 439 / 1170
2022
PRODUCT COMPLEXITY IN Soybean Oil
-0.93Rnk 821 / 1025
2022
Imports
$32.8MWorld Rnk 67 / 215
Flag Rnk 393 / 1200
2022
ECONOMIC COMPLEXITY of Israel
1.23Rnk 20 / 133

About

Exports In 2022, Israel exported $5.2M in Soybean Oil, making it the 60th largest exporter of Soybean Oil in the world. At the same year, Soybean Oil was the 439th most exported product in Israel. The main destination of Soybean Oil exports from Israel are: Palestine ($4.57M), Cyprus ($621k), United Kingdom ($5.38k), France ($4.88k), and United States ($1k).

The fastest growing export markets for Soybean Oil of Israel between 2021 and 2022 were Cyprus ($237k), United Kingdom ($5.38k), and United States ($1k).

Imports In 2022, Israel imported $32.8M in Soybean Oil, becoming the 67th largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 393rd most imported product in Israel. Israel imports Soybean Oil primarily from: Spain ($10.3M), Switzerland ($7.16M), Greece ($4.54M), Netherlands ($3.3M), and Ukraine ($2.27M).

The fastest growing import markets in Soybean Oil for Israel between 2021 and 2022 were Switzerland ($4.11M), Greece ($2.49M), and Netherlands ($2.48M).

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)$5.2M
IMPORTS (2022)$32.8M
NET TRADE (2022)-$27.6M

In 2022, Israel exported $5.2M in Soybean Oil. The main destinations of Israel exports on Soybean Oil were Palestine ($4.57M), Cyprus ($621k), United Kingdom ($5.38k), France ($4.88k), and United States ($1k).

In 2022, Israel imported $32.8M in Soybean Oil, mainly from Spain ($10.3M), Switzerland ($7.16M), Greece ($4.54M), Netherlands ($3.3M), and Ukraine ($2.27M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybean Oil EXPORT MARKETS FOR Israel WERE (2021 - 2022):
Cyprus$237k (61.7%)
United Kingdom$5.38k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Oil BY Israel WERE (2021 - 2022):
Palestine-$1.6M (-26%)
Greece-$88k (-100%)
Ethiopia-$8k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Soybean Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $6.4k
TOP IMPORT POTENTIALArgentina+ $1.05M

Soybean Oil’s highest export potential is United Kingdom. With an export gap of $6.4k.   Soybean Oil’s highest import potential is Argentina with an import gap of $1.05M.

See methodology.

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