2023
Exports
$14.4kWorld Rnk 114 / 137
Flag Rnk 957 / 1129
2023
PRODUCT COMPLEXITY IN Soybean Oil
-0.85Rnk 795 / 1025
2023
Imports
$193MWorld Rnk 18 / 212
Flag Rnk 42 / 1174
2023
ECONOMIC COMPLEXITY of Pakistan
-0.55Rnk 89 / 132

About

Exports In 2023, Pakistan exported $14.4k in Soybean Oil, making it the 114th largest exporter of Soybean Oil in the world. At the same year, Soybean Oil was the 957th most exported product in Pakistan. The main destination of Soybean Oil exports from Pakistan are: Mauritius ($14.4k) and Denmark ($10).

The fastest growing export markets for Soybean Oil of Pakistan between 2022 and 2023 were Mauritius ($14.4k) and Denmark ($10).

Imports In 2023, Pakistan imported $193M in Soybean Oil, becoming the 18th largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 42nd most imported product in Pakistan. Pakistan imports Soybean Oil primarily from: Argentina ($89.2M), Brazil ($64.4M), Paraguay ($39.4M), United Arab Emirates ($51.1k), and Spain ($25).

The fastest growing import markets in Soybean Oil for Pakistan between 2022 and 2023 were Brazil ($53.7M), Spain ($25), and Germany ($1).

Latest Trends

Dec 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 (2023)$14.4k
IMPORTS (2023)$193M
NET TRADE (2023)-$193M

In 2023, Pakistan exported $14.4k in Soybean Oil. The main destinations of Pakistan exports on Soybean Oil were Mauritius ($14.4k) and Denmark ($10).

In 2023, Pakistan imported $193M in Soybean Oil, mainly from Argentina ($89.2M), Brazil ($64.4M), Paraguay ($39.4M), United Arab Emirates ($51.1k), and Spain ($25).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Soybean Oil EXPORT MARKETS FOR Pakistan WERE (2022 - 2023):
Mauritius$14.4k (1%)
Denmark$10 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Oil BY Pakistan WERE (2022 - 2023):
Afghanistan-$53.6k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Pakistan's main exporting competitors in Soybean Oil were:
In 2023, Pakistan'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 POTENTIALIndia+ $3.15k
TOP IMPORT POTENTIALBrazil+ $19.4M

Soybean Oil’s highest export potential is India. With an export gap of $3.15k.   Soybean Oil’s highest import potential is Brazil with an import gap of $19.4M.

See methodology.

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