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Pricing

2022
Exports $4.42MWorld Rnk 53 / 139
Flag Rnk 515 / 1206
2022
Destination $75.3k United Kingdom
2021 - 2022
FASTEST GROWING MARKET $75.3kNetherlands
2022
PRODUCT COMPLEXITY IN Soybeans-1.62Rnk 963 / 1025
2022
Imports $12.5MWorld Rnk 71 / 200
Flag Rnk 580 / 1214
2022
Origin $2.37M Canada
2021 - 2022
FASTEST GROWING ORIGIN $2.37MUnited States
2022
ECONOMIC COMPLEXITY of Ireland1.27Rnk 18 / 133

About

Exports In 2022, Ireland exported $4.42M in Soybeans, making it the 53rd largest exporter of Soybeans in the world. At the same year, Soybeans was the 515th most exported product in Ireland. The main destination of Soybeans exports from Ireland are: United Kingdom ($4.29M), Netherlands ($76.8k), Belgium ($51.7k), and Malta ($5.28k).

The fastest growing export markets for Soybeans of Ireland between 2021 and 2022 were Netherlands ($75.3k), United Kingdom ($67.9k), and Belgium ($51.7k).

Imports In 2022, Ireland imported $12.5M in Soybeans, becoming the 71st largest importer of Soybeans in the world. At the same year, Soybeans was the 580th most imported product in Ireland. Ireland imports Soybeans primarily from: Canada ($6.76M), United States ($5.21M), United Kingdom ($167k), Netherlands ($130k), and China ($81.1k).

The fastest growing import markets in Soybeans for Ireland between 2021 and 2022 were United States ($2.37M), Poland ($15.7k), and India ($9.57k).

Latest Trends

Nov 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 Soybeans. 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)$4.42M
IMPORTS (2022)$12.5M
NET TRADE (2022)-$8.05M

In 2022, Ireland exported $4.42M in Soybeans. The main destinations of Ireland exports on Soybeans were United Kingdom ($4.29M), Netherlands ($76.8k), Belgium ($51.7k), and Malta ($5.28k).

In 2022, Ireland imported $12.5M in Soybeans, mainly from Canada ($6.76M), United States ($5.21M), United Kingdom ($167k), Netherlands ($130k), and China ($81.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybeans EXPORT MARKETS FOR Ireland WERE (2021 - 2022):
Netherlands$75.3k (5.07k%)
United Kingdom$67.9k (1.61%)
Belgium$51.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybeans BY Ireland WERE (2021 - 2022):
Malta-$460 (-8.02%)
Russia-$4 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ireland's main exporting competitors in Soybeans were:
Brazil $47.2B
United States $34.6B
Argentina $3.25B
In 2022, Ireland's main importing competitors in Soybeans were:
China $54.1B
Mexico $4.08B
Japan $2.47B

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Trade Value of Soybeans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $380k
TOP IMPORT POTENTIALUnited States+ $4.55M

Soybeans’s highest export potential is United Kingdom. With an export gap of $380k.   Soybeans’s highest import potential is United States with an import gap of $4.55M.

See methodology.

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