Imports In 2018, Malaysia imported $142M in Soybean Oil, becoming the 33rd largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 287th most imported product in Malaysia. Malaysia imports Soybean Oil primarily from: China ($46.7M), Argentina ($27.3M), Thailand ($23M), Brazil ($14M), and Indonesia ($7.05M).
Which country sells soybean to Malaysia?
The United States is the largest supplier of Soybeans to Malaysia, with nearly a 90 percent market share in MY 2019/20, followed by Canada, Brazil, Argentina, and Ukraine. In terms of the Soybean oil trade, Malaysia buys Soybean oil from Argentina, then sells to Mauritania.
What is the HS code for refined soybean oil in Malaysia?
Discover import data of Refined Soybean Oil to Malaysia. Get import value, volume, price data, trends and more. The information below is based on the HS code 150710 (Vegetable oils; soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified). Discover production data of Refined Soybean Oil in Malaysia.
Which countries import soybean oil?
The fastest growing export markets for Soybean Oil of Malaysia between 2021 and 2022 were Philippines ($16.9M), Angola ($16.4M), and Fiji ($11.3M). Imports In 2018, Malaysia imported $142M in Soybean Oil, becoming the 33rd largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 287th most imported product in Malaysia.