Export of Soybean Oil from China
Soybean Oil is categorized under HS code 150790 - Vegetable oils; soya-bean oil and its fractions, other than crude, whether or not refined, but not chemically modified, and the data is presented accordingly.
Export overview
As of 2023, China ranked #8 in global exports of Soybean Oil. China accounts for approximately 5.18% of the total global export value of Soybean Oil, with an export value of 138,423,881 USD.
The top countries importing Soybean Oil from China include World, North Korea, Hong Kong, Venezuela, Malaysia.
Export trend
China's export value of Soybean Oil has decreased by 20%, falling from 173,024,728 USD in 2019 to 138,423,881 USD in 2023.
The export data for China Soybean Oil is sourced from UN Comtrade and official Customs databases of various countries. The data is categorized under the Harmonized System (HS) code 150790 - Vegetable oils; soya-bean oil and its fractions, other than crude, whether or not refined, but not chemically modified, which covers a specific classification for Soybean Oil and related products in international trade.
It's important to note that the HS code classification may not always perfectly match the definition of Soybean Oil in certain markets, as HS codes often encompass a broader range of similar products.
Export transactions from 2024
Transactions in this market
407
Exporters
46
Importers
64
Major exporters of China Soybean Oil in 2024
DALIAN GINDY OIL&FOODSTUFFS
China
WUHAN JINHUASHENG RAILWAY LOCOMITIVE
China
JI AN HAIRUI NATURAL PLANT
China
GUANGZHOU YANYUXIN TRADE
China
YIWU JIXU ELECTRONIC COMMERCECO
China
Major importers of China Soybean Oil in 2024
EMBAJADA DE LA REPUBLICA POPULAR CHINA E
Costa Rica
SIPCO INNOVATION
United States
NATIONAL POLYMER INDUSTRIES
Bangladesh
MINGREN HOTEL
Ethiopia
СП ALP MOTORS N1
Uzbekistan
Historical export price trends
The export price of Soybean Oil from China has fluctuated over the past 2 years. In 2023, the price varied between 0.45 USD per kg and 3.05 USD per kg. In 2024, the prices continued to fluctuate, ranging from 0.34 USD per kg to 3.07 USD per kg.
The export transaction data for China Soybean Oil is sourced from Bill of Lading (B/L) documents and customs reports. Tridge ensures data accuracy through human oversight and AI, handling missing values, outliers, and standardizing currencies and units. Note that price trends may vary based on country, product variety, or timeframe.
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