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2022
Exports $307MWorld Rnk 10 / 135
Flag Rnk 24 / 1158
2022
Destination $45.5M Poland
2021 - 2022
FASTEST GROWING MARKET $45.5MPoland
2022
PRODUCT COMPLEXITY IN Soybean Oil-0.93Rnk 821 / 1025
2022
Imports $190kWorld Rnk 172 / 215
Flag Rnk 1053 / 1188
2022
Origin $14.7k Poland
2021 - 2022
FASTEST GROWING ORIGIN $14.7kEstonia
2022
ECONOMIC COMPLEXITY of Ukraine0.5Rnk 44 / 133

About

Exports In 2022, Ukraine exported $307M in Soybean Oil, making it the 10th largest exporter of Soybean Oil in the world. At the same year, Soybean Oil was the 24th most exported product in Ukraine. The main destination of Soybean Oil exports from Ukraine are: Poland ($238M), Germany ($16.6M), China ($10.8M), Tunisia ($5.41M), and Jordan ($4.46M).

The fastest growing export markets for Soybean Oil of Ukraine between 2021 and 2022 were Poland ($45.5M), Tunisia ($5.41M), and Jordan ($3.95M).

Imports In 2022, Ukraine imported $190k in Soybean Oil, becoming the 172nd largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 1053rd most imported product in Ukraine. Ukraine imports Soybean Oil primarily from: Poland ($57.9k), France ($55.6k), Germany ($23.1k), United Kingdom ($18k), and Estonia ($14.7k).

The fastest growing import markets in Soybean Oil for Ukraine between 2021 and 2022 were Estonia ($14.7k), United Kingdom ($11.4k), and Netherlands ($3.64k).

COMPANIES In 2023, leading companies such as Riviana Foods (1) were at the forefront of shipping Soybean Oil from Ukraine to the United States.

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)$307M
IMPORTS (2022)$190k
NET TRADE (2022)$307M

In 2022, Ukraine exported $307M in Soybean Oil. The main destinations of Ukraine exports on Soybean Oil were Poland ($238M), Germany ($16.6M), China ($10.8M), Tunisia ($5.41M), and Jordan ($4.46M).

In 2022, Ukraine imported $190k in Soybean Oil, mainly from Poland ($57.9k), France ($55.6k), Germany ($23.1k), United Kingdom ($18k), and Estonia ($14.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybean Oil EXPORT MARKETS FOR Ukraine WERE (2021 - 2022):
Poland$45.5M (23.6%)
Tunisia$5.41M (1%)
Jordan$3.95M (789%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Oil BY Ukraine WERE (2021 - 2022):
China-$32.8M (-75.2%)
Israel-$4.51M (-66.5%)
Nepal-$3.48M (-85%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ukraine's main exporting competitors in Soybean Oil were:
Argentina $6.79B
Brazil $3.99B
United States $1.06B
In 2022, Ukraine'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 POTENTIALChina+ $10.3M
TOP IMPORT POTENTIALPoland+ $45.2k

Soybean Oil’s highest export potential is China. With an export gap of $10.3M.   Soybean Oil’s highest import potential is Poland with an import gap of $45.2k.

See methodology.

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