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2022
Exports $58.9kWorld Rnk 102 / 135
Flag Rnk 308 / 763
2022
Destination $58.6k Zambia
2021 - 2022
FASTEST GROWING MARKET $58.6kZambia
2022
PRODUCT COMPLEXITY IN Soybean Oil-0.93Rnk 821 / 1025
2022
Imports $255MWorld Rnk 18 / 215
Flag Rnk 3 / 1153
2022
Origin $36.6M Mozambique
2021 - 2022
FASTEST GROWING ORIGIN $36.6MArgentina
2022
ECONOMIC COMPLEXITY of Zimbabwe-0.74Rnk 99 / 133

About

Exports In 2022, Zimbabwe exported $58.9k in Soybean Oil, making it the 102nd largest exporter of Soybean Oil in the world. At the same year, Soybean Oil was the 308th most exported product in Zimbabwe. The main destination of Soybean Oil exports from Zimbabwe are: Zambia ($58.6k) and Botswana ($328).

The fastest growing export markets for Soybean Oil of Zimbabwe between 2021 and 2022 were Zambia ($58.6k) and Botswana ($328).

Imports In 2022, Zimbabwe imported $255M in Soybean Oil, becoming the 18th largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 3rd most imported product in Zimbabwe. Zimbabwe imports Soybean Oil primarily from: Mozambique ($93.9M), Argentina ($84.2M), South Africa ($67.4M), Singapore ($3.96M), and United Arab Emirates ($3.75M).

The fastest growing import markets in Soybean Oil for Zimbabwe between 2021 and 2022 were Argentina ($36.6M), Mozambique ($18.1M), and South Africa ($12.3M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Soybean Oil. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$58.9k
IMPORTS (2022)$255M
NET TRADE (2022)-$255M

In 2022, Zimbabwe exported $58.9k in Soybean Oil. The main destinations of Zimbabwe exports on Soybean Oil were Zambia ($58.6k) and Botswana ($328).

In 2022, Zimbabwe imported $255M in Soybean Oil, mainly from Mozambique ($93.9M), Argentina ($84.2M), South Africa ($67.4M), Singapore ($3.96M), and United Arab Emirates ($3.75M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybean Oil EXPORT MARKETS FOR Zimbabwe WERE (2021 - 2022):
Zambia$58.6k (1%)
Botswana$328 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Oil BY Zimbabwe WERE (2021 - 2022):France-$181 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Zimbabwe's main exporting competitors in Soybean Oil were:
Argentina $6.79B
Brazil $3.99B
United States $1.06B
In 2022, Zimbabwe's main importing competitors in Soybean Oil were:
India $6.49B
Bangladesh $948M
Morocco $775M

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Trade Value of Soybean Oil by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALZambia+ $21.6k
TOP IMPORT POTENTIALUnited States+ $557k

Soybean Oil’s highest export potential is Zambia. With an export gap of $21.6k.   Soybean Oil’s highest import potential is United States with an import gap of $557k.

See methodology.

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