2022
Exports
$2.98MWorld Rnk 59 / 139
Flag Rnk 58 / 763
2022
PRODUCT COMPLEXITY IN Soybeans
-1.62Rnk 963 / 1025
2022
Imports
$18.6MWorld Rnk 63 / 200
Flag Rnk 93 / 1153
2022
ECONOMIC COMPLEXITY of Zimbabwe
-0.74Rnk 99 / 133

About

Exports In 2022, Zimbabwe exported $2.98M in Soybeans, making it the 59th largest exporter of Soybeans in the world. At the same year, Soybeans was the 58th most exported product in Zimbabwe. The main destination of Soybeans exports from Zimbabwe are: Mozambique ($1.8M), Zambia ($1.17M), Ethiopia ($10.7k), Nigeria ($827), and South Africa ($67).

The fastest growing export markets for Soybeans of Zimbabwe between 2021 and 2022 were Mozambique ($1.48M), Zambia ($1.15M), and Ethiopia ($10.7k).

Imports In 2022, Zimbabwe imported $18.6M in Soybeans, becoming the 63rd largest importer of Soybeans in the world. At the same year, Soybeans was the 93rd most imported product in Zimbabwe. Zimbabwe imports Soybeans primarily from: South Africa ($16.3M), Zambia ($2.26M), Malawi ($43.7k), and Nigeria ($18).

The fastest growing import markets in Soybeans for Zimbabwe between 2021 and 2022 were Zambia ($1.53M) and Nigeria ($18).

Latest Trends

Jul 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)$2.98M
IMPORTS (2022)$18.6M
NET TRADE (2022)-$15.6M

In 2022, Zimbabwe exported $2.98M in Soybeans. The main destinations of Zimbabwe exports on Soybeans were Mozambique ($1.8M), Zambia ($1.17M), Ethiopia ($10.7k), Nigeria ($827), and South Africa ($67).

In 2022, Zimbabwe imported $18.6M in Soybeans, mainly from South Africa ($16.3M), Zambia ($2.26M), Malawi ($43.7k), and Nigeria ($18).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybeans EXPORT MARKETS FOR Zimbabwe WERE (2021 - 2022):
Mozambique$1.48M (470%)
Zambia$1.15M (5.49k%)
Ethiopia$10.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybeans BY Zimbabwe WERE (2021 - 2022):
Malawi-$273k (-100%)
South Africa-$2.31k (-97.2%)
Austria-$76 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Zimbabwe's main exporting competitors in Soybeans were:
In 2022, Zimbabwe'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 POTENTIALNigeria+ $5.02k
TOP IMPORT POTENTIALBrazil+ $4.14k

Soybeans’s highest export potential is Nigeria. With an export gap of $5.02k.   Soybeans’s highest import potential is Brazil with an import gap of $4.14k.

See methodology.

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