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2022
Exports $180MWorld Rnk 17 / 135
Flag Rnk 2 / 763
falsefalse India
2021 - 2022
FASTEST GROWING MARKETfalsefalse
2022
PRODUCT COMPLEXITY IN Soybean Oil-0.93Rnk 821 / 1025
2022
Imports $306MWorld Rnk 12 / 215
Flag Rnk 5 / 1176
2021 - 2022
FASTEST GROWING ORIGINfalseBrazil

About

Exports In 2022, Nepal exported $180M in Soybean Oil, making it the 17th largest exporter of Soybean Oil in the world. At the same year, Soybean Oil was the 2nd most exported product in Nepal. The main destination of Soybean Oil exports from Nepal are: India ($180M).

Imports In 2022, Nepal imported $306M in Soybean Oil, becoming the 12th largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 5th most imported product in Nepal. Nepal imports Soybean Oil primarily from: Argentina ($194M), Brazil ($63.8M), Paraguay ($25.9M), Vietnam ($11.2M), and Italy ($6.72M).

The fastest growing import markets in Soybean Oil for Nepal between 2021 and 2022 were Brazil ($16.4M), Vietnam ($11.2M), and Italy ($6.72M).

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)$180M
IMPORTS (2022)$306M
NET TRADE (2022)-$126M

In 2022, Nepal exported $180M in Soybean Oil. The main destinations of Nepal exports on Soybean Oil were India ($180M).

In 2022, Nepal imported $306M in Soybean Oil, mainly from Argentina ($194M), Brazil ($63.8M), Paraguay ($25.9M), Vietnam ($11.2M), and Italy ($6.72M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Oil BY Nepal WERE (2021 - 2022):India-$416M (-69.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nepal's main exporting competitors in Soybean Oil were:
Argentina $6.79B
Brazil $3.99B
United States $1.06B
In 2022, Nepal's main importing competitors in Soybean Oil were:
India $6.49B
Bangladesh $948M
Morocco $775M

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Trade Value of Soybean Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $87.1M
TOP IMPORT POTENTIALUnited States+ $2.6M

Soybean Oil’s highest export potential is India. With an export gap of $87.1M.   Soybean Oil’s highest import potential is United States with an import gap of $2.6M.

See methodology.

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