2021
Exports
$123World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Soybean Oil
-0.93Rnk 821 / 1025
2021
Imports
$1.34MWorld Rnk 134 / 215
Flag Rnk 344 / 1018
2022
ECONOMIC COMPLEXITY of Guinea
-2.2Rnk 132 / 133

About

Imports In 2022, Guinea imported $1.34M in Soybean Oil, becoming the 134th largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 344th most imported product in Guinea. Guinea imports Soybean Oil primarily from: Morocco ($628k), Belgium ($508k), Italy ($154k), China ($43.7k), and Portugal ($1.67k).

The fastest growing import markets in Soybean Oil for Guinea between 2021 and 2022 were Morocco ($401k), Italy ($124k), and Belgium ($99k).

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 (2021)$123
IMPORTS (2022)$1.34M
NET TRADE (2022)-$1.34M

In 2022, Guinea imported $1.34M in Soybean Oil, mainly from Morocco ($628k), Belgium ($508k), Italy ($154k), China ($43.7k), and Portugal ($1.67k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Oil BY Guinea WERE (N/A - 2021):Belgium-$123 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
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In 2022, Guinea's main exporting competitors in Soybean Oil were:
In 2022, Guinea's main importing competitors in Soybean Oil were:

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Trade Value of Soybean Oil by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $718
TOP IMPORT POTENTIALItaly+ $55.3k

Soybean Oil’s highest export potential is India. With an export gap of $718.   Soybean Oil’s highest import potential is Italy with an import gap of $55.3k.

See methodology.

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