Global soybean oil exports exceed 1 mln tons in July
Soybean oil exports from 5 major supplier countries increased to 1.2 million tons in July compared to 986 thousand tons in the same period of 2024 and 908 thousand tons in June of this year, according to analysts at Oil World (Germany).
In particular, shipments from Argentina increased to 738 (660) thousand tons, Paraguay – 62 (52) thousand tons and Ukraine – 55 (29) thousand tons, while exports from Brazil and the USA decreased to 138 (201) thousand tons and 29 (44) thousand tons, respectively.
India was the largest importer of bean oil in July – 507 (380) thousand tons, the EU imported 81 (39) thousand tons, China – 61 (159) thousand tons, Peru – 48 (15) thousand tons.
Overall, since the beginning of the year, global soybean oil exports reached 6.58 million tons against 5.44 million tons in January-July 2024, of which Argentina shipped 4.05 (3.81) million tons. India imported 3.19 (2.26) million tons.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
France plans to increase its share of Morocco’s milling wheat imports to 60%
Turkey purchased 255 thsd tons of feed barley
Connecting Industry Leaders: Highlights from BLACK SEA OIL TRADE-2025
Russia seeks to oust Ukraine from the Indian sunflower oil market
Mexico launches program to boost traditional corn varieties
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon