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Refined Soybean Oil

Refined Soybean Oil

HS Code: 150710 - Vegetable oils; soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified
|
FAO Code: 0237 - Soya bean oil
Market:
Top Exporter
2023
AR flag
Argentina
Top Importer
2023
IN flag
India
Export Value
2023
9.01BUSD
1Y -38.76%
Import Value
2023
9.22BUSD
1Y -34.29%
Overview
Suppliers
Insights
Price Data
Export Data
Import Data
Production Data
Seasonality Data

Export of Refined Soybean Oil

Discover export data of Refined Soybean Oil. Get export value, price data, trends, and more. The information below is based on the HS code150710 (Vegetable oils; soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified).

Related Market Brief Curations

Discover curated market data on exports for Refined Soybean Oil.
Curation
September, 2025
Worldwide origin market price of Soybean Oil
0 country’s domestic price data
WL flag
Curation
December, 2024
Origin market price for sourcing of Soybean Oil from Thailand to South Korea
0 country’s domestic price data
KR flag
TH flag
Curation
December, 2024
Origin market price for sourcing of Soybean Oil from Thailand to Vietnam
0 country’s domestic price data
TH flag
VN flag
Curation
March, 2025
Origin market price for sourcing of Soybean Oil from China to South Korea
1 country’s domestic price data
CN flag
KR flag
Curation
December, 2024
Origin market price for sourcing of Soybean Oil from Thailand to Philippines
0 country’s domestic price data
PH flag
TH flag
Curation
March, 2025
Origin market price for sourcing of Soybean Oil from China to Vietnam
0 country’s domestic price data
CN flag
VN flag

Export Trends Overview of Top 10 Countries in 2023

In 2023, Argentina was the top exporting country of Refined Soybean Oil, followed by Brazil, Paraguay, Bolivia, Spain, Turkiye, Ukraine, Italy, Netherlands, Portugal. This ranking is based on available export data and may not include countries with missing records.
AR flag
Argentina
Rank 1
$3.3B
1y
-43.82%
3y
-9.04%
5y
+20.40%
BR flag
Brazil
Rank 2
$2.2B
1y
-37.23%
3y
+280.81%
5y
+134.88%
PY flag
Paraguay
Rank 3
$515.9M
1y
-3.31%
3y
+23.82%
5y
+9.94%
BO flag
Bolivia
Rank 4
$438.4M
1y
-37.75%
3y
+116.91%
5y
+103.81%
ES flag
Spain
Rank 5
$366.4M
1y
-30.33%
3y
+35.71%
5y
+52.66%
TR flag
Turkiye
Rank 6
$295.8M
1y
-34.46%
3y
+102.38%
5y
+397.44%
UA flag
Ukraine
Rank 7
$241.6M
1y
-17.50%
3y
+8.12%
5y
+58.36%
IT flag
Italy
Rank 8
$216.7M
1y
-23.04%
3y
+281.67%
5y
+251.41%
NL flag
Netherlands
Rank 9
$193.4M
1y
-44.59%
3y
-23.99%
5y
-31.10%
PT flag
Portugal
Rank 10
$128.3M
1y
+19.85%
3y
+158.51%
5y
+843.21%

Notable export transactions in 2024

View notable export transactions of Refined Soybean Oil globally.
Rank
Rank
Company name
Company name
Export value
Export value
Export volume
Export volume
Unit price
Unit price
Origin country
Origin country
Destination country
Destination country
1
Company name
$ 15,842,574
00000 kg
$ 00000 /kg
Argentina
Country name
2
Company name
$ 13,694,720
00000 kg
$ 00000 /kg
Argentina
Country name
3
Company name
$ 13,579,500
00000 kg
$ 00000 /kg
Argentina
Country name
4
Company name
$ 13,048,355.40
00000 kg
$ 00000 /kg
Argentina
Country name
5
Company name
$ 10,816,000
00000 kg
$ 00000 /kg
Argentina
Country name

Unlock complete export data for Refined Soybean Oil

Gain full access to detailed export prices, top exporters, and market insights to make data-driven decisions.

Trends of Top 10 Exporters

This is the export trends of the top 10 exporters of Refined Soybean Oil from 2017 to 2023.
Country
Export %
Export Value
22/07
22/08
22/09
22/10
22/11
22/12
23/01
23/02
23/03
23/04
23/05
23/06
23/07
23/08
23/09
23/10
23/11
23/12
24/01
24/02
24/03
24/04
24/05
24/06
24/07
24/08
24/09
24/10
24/11
24/12
25/01
25/02
1Global$1.25B$1.16B$851.85M$660.77M$880.96M$995.05M$749.69M$841.18M$707.22M$922.02M$994.73M$909.14M$703.20M$498.96M$450.46M$408.56M$486.16M$434.87M$471.07M$449.13M$637.31M$711.99M$816.52M$826.12M$459.80M$334.53M$261.62M$208.02M$184.34M$247.26M--
2Argentina36.66%$397.28M$453.53M$248.69M$182.80M$356.03M$374.29M$270.13M$321.59M$130.79M$303.41M$360.65M$309.84M$218.84M$39.65M$40.85M$113.89M$162.76M$133.45M$195.08M$234.27M$300.96M$344.64M$415.62M$432.80M--------
3Brazil24.93%$324.40M$266.31M$305.47M$214.49M$259.05M$342.75M$230.19M$251.80M$247.07M$208.52M$305.80M$258.25M$189.79M$182.74M$124.52M$67.43M$111.82M$74.13M$45.85M$20.33M$110.42M$122.18M$98.38M$115.33M$180.40M$99.78M$75.28M$89.38M$87.16M$109.49M--
4Paraguay5.72%$75.51M$56.70M$20.31M$9.96M$18.80M$16.51M$1.16M$11.13M$40.70M$85.15M$37.87M$70.51M$39.76M$57.28M$57.80M$33.86M$31.21M$49.44M$27.13M$33.96M$23.61M$65.27M$54.14M$34.21M$43.36M$37.67M$36.48M$21.59M$15.08M$16.67M--
5Bolivia4.86%$90.49M$65.45M$58.50M$61.41M$18.81M$43.75M$8.70M$14.22M$42.71M$78.88M$37.59M$42.39M$53.32M$32.38M$54.33M$27.67M$21.07M$25.11M$19.94M$23.48M$4.62M$19.44M$35.01M$32.27M$24.36M$27.80M------
6Spain4.06%$45.81M$61.48M$30.60M$21.48M$41.33M$45.76M$51.46M$35.07M$51.08M$32.98M$49.88M$39.85M$22.72M$21.32M$22.21M$12.27M$16.11M$11.40M$9.74M$2.74M$34.39M$26.13M$29.12M$31.33M$19.12M$15.72M------
7Turkiye3.28%$55.86M$31.57M$23.80M$51.05M$18.74M$40.85M$21.83M$18.20M$38.14M$15.09M$27.62M$15.38M$16.46M$28.44M$29.32M$22.63M$24.30M$38.42M$33.47M$22.53M$9.11M$24.66M$37.22M$34.35M$35.54M$45.25M$37.86M$21.81M$28.76M---
8Ukraine2.68%$17.62M$30.21M$23.04M$23.44M$21.96M$24.20M$24.64M$22.92M$26.13M$16.26M$21.04M$22.54M$16.16M$9.99M$13.02M$22.24M$23.60M$20.01M$23.25M$20.47M$24.97M$19.86M$27.02M$21.93M$23.37M$18.50M$14.39M$35.20M----
9Italy2.4%$54.82M$35.31M$4.10M$2.77M$30.96M$2.41M$19.71M$35.44M$16.49M$23.30M$18.57M$15.00M$17.41M$17.37M$14.03M$25.89M$4.17M$9.07M$15.59M$8.21M$9.84M$7.99M$14.24M$7.58M$1.64M$8.24M$14.45M-----
10Netherlands2.15%$24.46M$25.83M$20.73M$24.76M$19.97M$17.07M$18.95M$14.43M$25.04M$17.89M$25.47M$19.85M$12.58M$10.68M$20.91M$6.57M$9.44M$11.66M$19.88M$8.77M$12.18M$8.53M$21.28M$10.57M$20.92M$12.92M$25.42M$17.37M----

Top Export Flows

Discover the top export flows of Refined Soybean Oil in 2023. The top export flow in 2023 was from Argentina to India, with an export value of USD 1.48B.
Trade Flow
Export Value
2023, USD
1-Year Growth in Export Value
2022-2023
3-Year Growth in Export Value
2020-2023
5-Year Growth in Export Value
2018-2023
Argentina to India
$1.48B
-52.35%
-27.55%
+10.32%
Brazil to India
$1.28B
-45.79%
+418.45%
+139.52%
Argentina to Peru
$311.16M
-18.46%
+21.23%
+17.80%
Argentina to China
$310.02M
+83.37%
+4.65%
+171.10%
Argentina to Bangladesh
$307.56M
-40.10%
+5.16%
-30.57%
Brazil to Bangladesh
$292.95M
-25.49%
+146.44%
+124.41%
Spain to Morocco
$263.89M
-27.46%
+105.98%
+252.02%
Brazil to China
$263.36M
+9.56%
+98.24%
+61.45%
Bolivia to Colombia
$220.73M
-30.21%
+101.23%
+51.47%
Argentina to South Korea
$212.80M
-8.44%

Share of Top Exporting Countries

Discover the export share of top Refined Soybean Oil exporting countries in 2023.
Argentina held the largest share of Refined Soybean Oil export value at 36.66%. Its export value decreased by -43.82% between 2022 and 2023, reaching 3.30B.
Note: Share percentages are calculated based on countries with reported export data and may not include those without available records.
Country
Share in Export Value
2023
Export Value
2023, USD
1-Year Growth in Export Value
2022-2023
3-Year Growth in Export Value
2020-2023
5-Year Growth in Export Value
2018-2023
Argentina
36.66%
$3.30B
-43.82%
-9.04%
+20.40%
Brazil
24.93%
$2.25B
-37.23%
+280.81%
+134.88%
Paraguay
5.72%
$515.88M
-3.31%
+23.82%
+9.94%
Bolivia
4.86%
$438.38M
-37.75%
+116.91%
+103.81%
Spain
4.06%
$366.35M
-30.33%
+35.71%
+52.66%
Turkiye
3.28%
$295.82M
-34.46%
+102.38%
+397.44%
Ukraine
2.68%
$241.55M
-17.50%
+8.12%
+58.36%
Italy
2.40%
$216.72M
-23.04%
+281.67%
+251.41%
Netherlands
2.15%
$193.44M
-44.59%
-23.99%
-31.10%
Portugal
1.42%
$128.27M
+19.85%
+158.51%
+843.21%

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