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2022
Exports $5.26MWorld Rnk 59 / 135
Flag Rnk 110 / 918
falsefalse Peru
2021 - 2022
FASTEST GROWING MARKETfalsePeru
2022
PRODUCT COMPLEXITY IN Soybean Oil-0.93Rnk 821 / 1025
2022
Imports $6.08MWorld Rnk 106 / 215
Flag Rnk 336 / 1152
2021 - 2022
FASTEST GROWING ORIGINfalsefalse
2022
ECONOMIC COMPLEXITY of Uruguay0.15Rnk 57 / 133

About

Exports In 2022, Uruguay exported $5.26M in Soybean Oil, making it the 59th largest exporter of Soybean Oil in the world. At the same year, Soybean Oil was the 110th most exported product in Uruguay. The main destination of Soybean Oil exports from Uruguay are: Peru ($3.37M), Brazil ($1.48M), Panama ($230k), Guatemala ($79.9k), and Chile ($66.8k).

The fastest growing export markets for Soybean Oil of Uruguay between 2021 and 2022 were Peru ($3.37M), Brazil ($929k), and Panama ($230k).

Imports In 2022, Uruguay imported $6.08M in Soybean Oil, becoming the 106th largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 336th most imported product in Uruguay. Uruguay imports Soybean Oil primarily from: Brazil ($5.99M) and Paraguay ($91.2k).

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)$5.26M
IMPORTS (2022)$6.08M
NET TRADE (2022)-$818k

In 2022, Uruguay exported $5.26M in Soybean Oil. The main destinations of Uruguay exports on Soybean Oil were Peru ($3.37M), Brazil ($1.48M), Panama ($230k), Guatemala ($79.9k), and Chile ($66.8k).

In 2022, Uruguay imported $6.08M in Soybean Oil, mainly from Brazil ($5.99M) and Paraguay ($91.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybean Oil EXPORT MARKETS FOR Uruguay WERE (2021 - 2022):
Peru$3.37M (1%)
Brazil$929k (168%)
Panama$230k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Oil BY Uruguay WERE (2021 - 2022):
South Africa-$7.21M (-100%)
Guatemala-$133k (-62.5%)
India-$131k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Uruguay's main exporting competitors in Soybean Oil were:
Argentina $6.79B
Brazil $3.99B
United States $1.06B
In 2022, Uruguay'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 POTENTIALChile+ $111k
TOP IMPORT POTENTIALBrazil+ $2.09M

Soybean Oil’s highest export potential is Chile. With an export gap of $111k.   Soybean Oil’s highest import potential is Brazil with an import gap of $2.09M.

See methodology.

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