2022
Exports
$1.03MWorld Rnk 81 / 135
Flag Rnk 318 / 1103
2022
PRODUCT COMPLEXITY IN Soybean Oil
-0.93Rnk 821 / 1025
2022
Imports
$5.99MWorld Rnk 107 / 215
Flag Rnk 423 / 1174
2022
ECONOMIC COMPLEXITY of Kenya
-0.5Rnk 87 / 133

About

Exports In 2022, Kenya exported $1.03M in Soybean Oil, making it the 81st largest exporter of Soybean Oil in the world. At the same year, Soybean Oil was the 318th most exported product in Kenya. The main destination of Soybean Oil exports from Kenya are: Rwanda ($787k), Oman ($227k), South Sudan ($6.98k), Australia ($6.16k), and Uganda ($1.41k).

The fastest growing export markets for Soybean Oil of Kenya between 2021 and 2022 were Rwanda ($787k), Australia ($6.16k), and South Sudan ($2.84k).

Imports In 2022, Kenya imported $5.99M in Soybean Oil, becoming the 107th largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 423rd most imported product in Kenya. Kenya imports Soybean Oil primarily from: United States ($2.66M), Uganda ($2.63M), Egypt ($624k), Rwanda ($56.7k), and South Korea ($18.1k).

The fastest growing import markets in Soybean Oil for Kenya between 2021 and 2022 were Uganda ($1.51M), South Korea ($11.1k), and Rwanda ($3.63k).

Latest Trends

Sep 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)$1.03M
IMPORTS (2022)$5.99M
NET TRADE (2022)-$4.96M

In 2022, Kenya exported $1.03M in Soybean Oil. The main destinations of Kenya exports on Soybean Oil were Rwanda ($787k), Oman ($227k), South Sudan ($6.98k), Australia ($6.16k), and Uganda ($1.41k).

In 2022, Kenya imported $5.99M in Soybean Oil, mainly from United States ($2.66M), Uganda ($2.63M), Egypt ($624k), Rwanda ($56.7k), and South Korea ($18.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybean Oil EXPORT MARKETS FOR Kenya WERE (2021 - 2022):
Rwanda$787k (1%)
Australia$6.16k (1%)
South Sudan$2.84k (68.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Oil BY Kenya WERE (2021 - 2022):
Oman-$16.1k (-6.61%)
Tanzania-$15.5k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kenya's main exporting competitors in Soybean Oil were:
In 2022, Kenya's 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 POTENTIALAustralia+ $16k
TOP IMPORT POTENTIALUnited States+ $302k

Soybean Oil’s highest export potential is Australia. With an export gap of $16k.   Soybean Oil’s highest import potential is United States with an import gap of $302k.

See methodology.

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