2023
Exports
$38.4MWorld Rnk 34 / 142
Flag Rnk 107 / 1129
2023
PRODUCT COMPLEXITY IN Soybeans
-1.67Rnk 968 / 1025
2023
Imports
$365MWorld Rnk 26 / 193
Flag Rnk 22 / 1174
2023
ECONOMIC COMPLEXITY of Pakistan
-0.55Rnk 89 / 132

About

Exports In 2023, Pakistan exported $38.4M in Soybeans, making it the 34th largest exporter of Soybeans in the world. At the same year, Soybeans was the 107th most exported product in Pakistan. The main destination of Soybeans exports from Pakistan are: Bangladesh ($38.3M), Vietnam ($123k), Hong Kong ($11.9k), Afghanistan ($465), and Norway ($163).

The fastest growing export markets for Soybeans of Pakistan between 2022 and 2023 were Bangladesh ($38.3M), Vietnam ($123k), and Hong Kong ($11.9k).

Imports In 2023, Pakistan imported $365M in Soybeans, becoming the 26th largest importer of Soybeans in the world. At the same year, Soybeans was the 22nd most imported product in Pakistan. Pakistan imports Soybeans primarily from: Brazil ($94.8M), United States ($76.1M), Togo ($54M), Nigeria ($40.8M), and Benin ($29.9M).

The fastest growing import markets in Soybeans for Pakistan between 2022 and 2023 were Togo ($54M), Nigeria ($40.7M), and Benin ($29.9M).

Latest Trends

Jan 2025

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 (2023)$38.4M
IMPORTS (2023)$365M
NET TRADE (2023)-$326M

In 2023, Pakistan exported $38.4M in Soybeans. The main destinations of Pakistan exports on Soybeans were Bangladesh ($38.3M), Vietnam ($123k), Hong Kong ($11.9k), Afghanistan ($465), and Norway ($163).

In 2023, Pakistan imported $365M in Soybeans, mainly from Brazil ($94.8M), United States ($76.1M), Togo ($54M), Nigeria ($40.8M), and Benin ($29.9M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Soybeans EXPORT MARKETS FOR Pakistan WERE (2022 - 2023):
Bangladesh$38.3M (1%)
Vietnam$123k (1%)
Hong Kong$11.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybeans BY Pakistan WERE (2022 - 2023):
Mozambique-$9.24M (-100%)
Seychelles-$64k (-100%)
Japan-$62.7k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Pakistan's main exporting competitors in Soybeans were:
In 2023, Pakistan's main importing competitors in Soybeans were:
China $56.6B
Japan $2.14B

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Trade Value of Soybeans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $110k
TOP IMPORT POTENTIALUnited States+ $65.4M

Soybeans’s highest export potential is Japan. With an export gap of $110k.   Soybeans’s highest import potential is United States with an import gap of $65.4M.

See methodology.

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