2022
Exports
$853MWorld Rnk 5 / 135
Flag Rnk 164 / 1216
2022
PRODUCT COMPLEXITY IN Soybean Oil
-0.93Rnk 821 / 1025
2022
Imports
$158MWorld Rnk 31 / 215
Flag Rnk 517 / 1214
2022
ECONOMIC COMPLEXITY of Netherlands
1.11Rnk 23 / 133

About

Exports In 2022, Netherlands exported $853M in Soybean Oil, making it the 5th largest exporter of Soybean Oil in the world. At the same year, Soybean Oil was the 164th most exported product in Netherlands. The main destination of Soybean Oil exports from Netherlands are: United Kingdom ($219M), Germany ($157M), Belgium ($119M), India ($106M), and Ireland ($49.1M).

The fastest growing export markets for Soybean Oil of Netherlands between 2021 and 2022 were Germany ($44.9M), United Kingdom ($38.4M), and Morocco ($22.8M).

Imports In 2022, Netherlands imported $158M in Soybean Oil, becoming the 31st largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 517th most imported product in Netherlands. Netherlands imports Soybean Oil primarily from: Poland ($44.4M), Germany ($31.5M), Norway ($13.6M), Spain ($10.8M), and Belgium ($10M).

The fastest growing import markets in Soybean Oil for Netherlands between 2021 and 2022 were Poland ($39.2M), Spain ($10.3M), and Serbia ($6.44M).

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)$853M
IMPORTS (2022)$158M
NET TRADE (2022)$695M

In 2022, Netherlands exported $853M in Soybean Oil. The main destinations of Netherlands exports on Soybean Oil were United Kingdom ($219M), Germany ($157M), Belgium ($119M), India ($106M), and Ireland ($49.1M).

In 2022, Netherlands imported $158M in Soybean Oil, mainly from Poland ($44.4M), Germany ($31.5M), Norway ($13.6M), Spain ($10.8M), and Belgium ($10M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybean Oil EXPORT MARKETS FOR Netherlands WERE (2021 - 2022):
Germany$44.9M (39.9%)
United Kingdom$38.4M (21.2%)
Morocco$22.8M (171%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Oil BY Netherlands WERE (2021 - 2022):
India-$142M (-57.1%)
South Africa-$68.9M (-90.1%)
Iran-$43.6M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Netherlands's main exporting competitors in Soybean Oil were:
In 2022, Netherlands'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 POTENTIALSpain+ $5.72M
TOP IMPORT POTENTIALGermany+ $3.7M

Soybean Oil’s highest export potential is Spain. With an export gap of $5.72M.   Soybean Oil’s highest import potential is Germany with an import gap of $3.7M.

See methodology.

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