Sign In
Pricing

2022
Exports $322MWorld Rnk 11 / 124
Flag Rnk 660 / 1216
2022
Destination $32.9M Japan
2021 - 2022
FASTEST GROWING MARKET $32.9MNetherlands
2022
PRODUCT COMPLEXITY IN Soybean Meal-1.24Rnk 894 / 1025
2022
Imports $25.9MWorld Rnk 97 / 174
Flag Rnk 887 / 1212
2022
Origin $65.2kN/A
2021 - 2022
FASTEST GROWING ORIGIN $65.2kBenin
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $322M in Soybean Meal, making it the 11th largest exporter of Soybean Meal in the world. At the same year, Soybean Meal was the 660th most exported product in China. The main destination of Soybean Meal exports from China are: Japan ($161M), Netherlands ($69.7M), United Kingdom ($19.8M), United States ($12.3M), and South Korea ($7.91M).

The fastest growing export markets for Soybean Meal of China between 2021 and 2022 were Netherlands ($32.9M), United Kingdom ($15.4M), and United States ($6.05M).

Imports In 2022, China imported $25.9M in Soybean Meal, becoming the 97th largest importer of Soybean Meal in the world. At the same year, Soybean Meal was the 887th most imported product in China. China imports Soybean Meal primarily from: N/A.

The fastest growing import markets in Soybean Meal for China between 2021 and 2022 were Benin ($65.2k), Australia ($62.8k), and United Arab Emirates ($13).

COMPANIES In 2023, leading companies such as Walong Marketing (1) were at the forefront of shipping Soybean Meal from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Soybean Meal exports accounted up to $63.7M and imports accounted up to $1.97M, resulting in a positive trade balance of $61.7M. Between July 2023 and July 2024 the exports of China's   Soybean Meal have decreased by $-49.6M (-43.8%) from $113M to $63.7M, while imports increased by $865k (78.4%) from $1.1M to $1.97M.

Destinations In July 2024, Soybean Meal were exported mostly to Japan ($51.4M), Netherlands ($4.93M), South Korea ($2.97M), Vietnam ($1.91M), and Papua New Guinea ($474k), and were imported mostly from United States ($995k) and Denmark ($975k).

Growth In July 2024, the decrease in Soybean Meal's year-by-year exports was explained primarily by a decrease in exports to Japan ($-17.3M or -90.2%), Netherlands ($-3.41M or -62.1%), and United Kingdom ($-1.42M or -81.4%). In July 2024, the increase in Soybean Meal's year-by-year imports was explained primarily by an increase in imports from Denmark ($84.6k or 4.07%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-49.6M(-43.8%)
IMPORT GROWTH (July 2023 - July 2024)$865k(78.4%)
MAIN EXPORTER (July 2024)Guangdong Province$23.7M
MAIN DESTINATION (July 2024)Japan$51.4M

This section shows Soybean Meal's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Soybean Meal over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$322M
IMPORTS (2022)$25.9M
NET TRADE (2022)$296M

In 2022, China exported $322M in Soybean Meal. The main destinations of China exports on Soybean Meal were Japan ($161M), Netherlands ($69.7M), United Kingdom ($19.8M), United States ($12.3M), and South Korea ($7.91M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybean Meal EXPORT MARKETS FOR China WERE (2021 - 2022):
Netherlands$32.9M (89.4%)
United Kingdom$15.4M (355%)
United States$6.05M (96.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Meal BY China WERE (2021 - 2022):
Japan-$184M (-53.3%)
Ecuador-$13M (-84.4%)
Burma-$12.6M (-98.7%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Soybean Meal were:
Argentina $12B
Brazil $10.4B
United States $5.2B
In 2022, China's main importing competitors in Soybean Meal were:
Indonesia $2.92B
Vietnam $2.5B
Germany $1.71B

Explore Visualizations

Trade Value of Soybean Meal by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALVietnam+ $12.3M
TOP IMPORT POTENTIALIndia+ $11.2M

Soybean Meal’s highest export potential is Vietnam. With an export gap of $12.3M.   Soybean Meal’s highest import potential is India with an import gap of $11.2M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms