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Export of Soybean Oil from Mexico
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 2022, Mexico ranked #49 in global exports of Soybean Oil. Mexico accounts for approximately 0.04% of the total global export value of Soybean Oil, with an export value of 1,220,589 USD.
The top countries importing Soybean Oil from Mexico include World, Venezuela, Guatemala, Costa Rica.
Export trend
Mexico's export value of Soybean Oil has decreased by 92.76%, falling from 16,856,776 USD in 2017 to 1,220,589 USD in 2022.
The export data for Mexico 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.
LOGWING AIR + OCEAN MEXICO S. A. DE C. V. RFC: LAS070725BM6
Mexico
ACQ FILLER
Mexico
INDUSTRIA ENVASADORA DE LACTEOS Y DERIVADOS
Mexico
PROTEINAS Y OLEICOS S A DE C
Mexico
Major importers of Mexico Soybean Oil in 2024
CORPORACION DE SUPERMERCADOS UNIDOS SOCIEDAD DE RESPONSABILIDAD
Costa Rica
WORLD FOOD PROGRAMME
Italy
ALPEMUSA
Costa Rica
MERCANTIL DE COMERCIO PANAMENA
Panama
MERCORICA
Costa Rica
Historical export price trends
The export price of Soybean Oil from Mexico has shown an upward trend over the past two years. In 2023, the price ranged from 0.26 USD per kg to 7.62 USD per kg, while in 2024, it increased to a range of 0.89 USD per kg to 7.75 USD per kg.
Year
Year
Low price
Low price
High price
High price
2022
$0.96/kg
$1.12/kg
2023
$0.26/kg
$7.62/kg
2024
$0.89/kg
$7.75/kg
The export transaction data for Mexico 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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