In 2023, Argentina led the global export of crude soybean oil at 4.29 billion kilograms, followed by Brazil and the United States. Key growth was observed in Indonesia, Morocco, and South Korea with remarkable year-on-year increases, whereas Malaysia and Australia faced declines. Other notable growth includes Poland, Czech Republic, and Romania. Over a five-year span, the compounded growth rate has shown varied performance, with Eastern European countries particularly demonstrating steady gains.
Future trends to watch include potential growth in emerging markets due to shifting agricultural practices and global demand shifts. Trade policies and climate conditions will also be essential factors influencing export dynamics in the coming years.
Top countries in Export of Crude Soyabean Oil by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Argentina | 4,285,900,000 | 2023 | -0.15% | +1.67% | View data |
| 2 | 2 Brazil | 1,239,900,000 | 2023 | -0.9% | -1.57% | View data |
| 3 | 3 United States | 943,920,000 | 2023 | +1.18% | +0.69% | View data |
| 4 | 4 Paraguay | 853,620,000 | 2023 | +3.46% | +4.31% | View data |
| 5 | 5 Russia | 632,060,000 | 2023 | +4.67% | +5.61% | View data |
| 6 | 6 Netherlands | 428,860,000 | 2023 | +3.28% | +2.63% | View data |
| 7 | 7 Bolivia | 375,950,000 | 2023 | +2.2% | +2.79% | View data |
| 8 | 8 Spain | 310,170,000 | 2023 | +0.21% | -0.72% | View data |
| 9 | 9 Ukraine | 267,040,000 | 2023 | +4.81% | +4.46% | View data |
| 10 | 10 Germany | 180,980,000 | 2023 | -2.38% | +0.015% | View data |
