2022
Exports
$25.6MWorld Rnk 45 / 124
Flag Rnk 17 / 862
falsefalse United States
2022
PRODUCT COMPLEXITY IN Soybean Meal
-1.24Rnk 894 / 1025
2022
Imports
$663World Rnk 0 / 0
Flag Rnk 0 / 0
2022
ECONOMIC COMPLEXITY of Ethiopia
-0.72Rnk 98 / 133

About

Exports In 2022, Ethiopia exported $25.6M in Soybean Meal, making it the 45th largest exporter of Soybean Meal in the world. At the same year, Soybean Meal was the 17th most exported product in Ethiopia. The main destination of Soybean Meal exports from Ethiopia are: United States ($12.3M), India ($4.77M), Spain ($2.99M), Canada ($1.88M), and Italy ($1.46M).

The fastest growing export markets for Soybean Meal of Ethiopia between 2021 and 2022 were United States ($5.11M), Spain ($1.7M), and Canada ($1.29M).

Imports In 2021, Ethiopia imported $663 in Soybean Meal, becoming the 0th largest importer of Soybean Meal in the world. At the same year, Soybean Meal was the 0th most imported product in Ethiopia. Ethiopia imports Soybean Meal primarily from: N/A.

Historical Data

Trade Balance

Color
EXPORTS (2022)$25.6M
IMPORTS (2021)$663
NET TRADE (2022)$25.6M

In 2022, Ethiopia exported $25.6M in Soybean Meal. The main destinations of Ethiopia exports on Soybean Meal were United States ($12.3M), India ($4.77M), Spain ($2.99M), Canada ($1.88M), and Italy ($1.46M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybean Meal EXPORT MARKETS FOR Ethiopia WERE (2021 - 2022):
United States$5.11M (71.2%)
Spain$1.7M (132%)
Canada$1.29M (222%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Meal BY Ethiopia WERE (2021 - 2022):
Italy-$2.48M (-62.9%)
Vietnam-$1.3M (-100%)
India-$291k (-5.75%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ethiopia's main exporting competitors in Soybean Meal were:
In 2022, Ethiopia's main importing competitors in Soybean Meal were:

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Trade Value of Soybean Meal by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $3.87M
TOP IMPORT POTENTIALBrazil+ $665

Soybean Meal’s highest export potential is India. With an export gap of $3.87M.   Soybean Meal’s highest import potential is Brazil with an import gap of $665.

See methodology.

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