2022
Exports
$5World Rnk 135 / 135
Flag Rnk 1029 / 1032
falsefalse Rwanda
2022
PRODUCT COMPLEXITY IN Soybean Oil
-0.93Rnk 821 / 1025
2022
Imports
$1.61MWorld Rnk 130 / 215
Flag Rnk 556 / 1172
2022
ECONOMIC COMPLEXITY of Tanzania
-1.08Rnk 116 / 133

About

Exports In 2022, Tanzania exported $5 in Soybean Oil, making it the 135th largest exporter of Soybean Oil in the world. At the same year, Soybean Oil was the 1029th most exported product in Tanzania. The main destination of Soybean Oil exports from Tanzania are: Rwanda ($5).

Imports In 2022, Tanzania imported $1.61M in Soybean Oil, becoming the 130th largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 556th most imported product in Tanzania. Tanzania imports Soybean Oil primarily from: Uganda ($552k), Russia ($519k), Saudi Arabia ($500k), India ($38.6k), and South Africa ($832).

The fastest growing import markets in Soybean Oil for Tanzania between 2021 and 2022 were Russia ($188k) and India ($38.6k).

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
IMPORTS (2022)$1.61M
NET TRADE (2022)-$1.61M

In 2022, Tanzania exported $5 in Soybean Oil. The main destinations of Tanzania exports on Soybean Oil were Rwanda ($5).

In 2022, Tanzania imported $1.61M in Soybean Oil, mainly from Uganda ($552k), Russia ($519k), Saudi Arabia ($500k), India ($38.6k), and South Africa ($832).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Oil BY Tanzania WERE (2021 - 2022):
India-$57.5k (-100%)
Rwanda-$2.02k (-99.8%)
Netherlands-$114 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Soybean Oil by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $816
TOP IMPORT POTENTIALRussia+ $94.8k

Soybean Oil’s highest export potential is India. With an export gap of $816.   Soybean Oil’s highest import potential is Russia with an import gap of $94.8k.

See methodology.

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