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120110 (Harmonized System 2012 for 6-digit)

2023
World Trade $535MRnk 2957 / 5198
2023
Top Exporter | Top Importer $84.4M | $96.2MUnited States | Pakistan
2023
Product Complexity -2.02Rnk 5054 / 5199
2022 - 2023
Export Growth (CAGR) -62%Rnk 5139 / 5198
2023
Share of World Trade 0.0024%Rnk 2957 / 5198

About

Overview This page contains the latest trade data of Soya beans: seed, whether or not broken. In 2023, Soya beans: seed, whether or not broken were the world's 2957th most traded product, with a total trade of $535M. Between 2022 and 2023 the exports of Soya beans: seed, whether or not broken decreased by -62%, from $1.41B to $535M. Trade in Soya beans: seed, whether or not broken represent 0.0024% of total world trade.

Soya beans: seed, whether or not broken are a part of Soya beans, whether or not broken.

Exports In 2023 the top exporters of Soya beans: seed, whether or not broken  were United States ($84.4M), Canada ($63.9M), Benin ($51.6M), Nigeria ($48.7M), and Brazil ($38.4M).

Imports In 2023 the top importers of Soya beans: seed, whether or not broken were Pakistan ($96.2M), Bangladesh ($39.1M), United States ($35.4M), Malaysia ($35.4M), and India ($34.2M).

Ranking Soya beans: seed, whether or not broken ranks 5054th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Soya beans: seed, whether or not broken. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)United States$84.4M
Top Destination (2023)Pakistan$96.2M

In 2023 Soya beans: seed, whether or not broken were the world's 2957th most traded product (out of 5,198).

In 2023, the top exporters of Soya beans: seed, whether or not broken were United States ($84.4M), Canada ($63.9M), Benin ($51.6M), Nigeria ($48.7M), and Brazil ($38.4M).

In 2023, the top importers of Soya beans: seed, whether or not broken were Pakistan ($96.2M), Bangladesh ($39.1M), United States ($35.4M), Malaysia ($35.4M), and India ($34.2M).

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Exporters of Soya beans: seed, whether or not broken (2023)
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Importers of Soya beans: seed, whether or not broken (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Benin$46.3M
Top Destination Growth (2022 -  2023)Bangladesh$39.1M

Between 2022 and 2023, the exports of Soya beans: seed, whether or not broken grew the fastest in Benin ($46.3M), Nigeria ($31.9M), Pakistan ($28.9M), South Africa ($20.2M), and Canada ($17.7M).

Between 2022 and 2023, the fastest growing importers of Soya beans: seed, whether or not broken were Bangladesh ($39.1M), United Arab Emirates ($16.9M), Iran ($16.8M), France ($8.7M), and Uruguay ($8.32M).

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Exporters of Soya beans: seed, whether or not broken (2022 - 2023)

Importers of Soya beans: seed, whether or not broken (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Soya beans: seed, whether or not broken.

In 2023, market concentration measured using Shannon Entropy, was 4.22. This means that most of the exports of Soya beans: seed, whether or not broken are explained by 18 countries.

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Value of Exports in Soya beans: seed, whether or not broken

Net Trade

TOP NET EXPORTER (2023)Canada$54M
TOP NET IMPORTER (2023)Pakistan$57.9M

This map shows which countries export or import more of Soya beans: seed, whether or not broken. Each country is colored based on the difference in exports and imports of Soya beans: seed, whether or not broken during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Soya beans: seed, whether or not broken were Canada ($54M), Benin ($51.2M), United States ($49M), Nigeria ($48.7M), and Brazil ($38.4M).

In 2023, the countries that had a largest trade value in imports than in exports of Soya beans: seed, whether or not broken were Pakistan ($57.9M), India ($33.8M), Malaysia ($28.9M), Mozambique ($27.8M), and France ($19.7M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Soya beans: seed, whether or not broken.
It is possible to select the main countries that export or import Soya beans: seed, whether or not broken in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Soya beans: seed, whether or not broken by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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