Crude soybean oil exports from Egypt: data, top buyers and prices
In 2024, Egypt exported crude soybean oil worth $129.8 million (142.9 thousand tonnes). Its share of world exports was 1%. That is 91% more than in 2023. Over 2017-2024 the trade grew strongly, by about 58% a year on average.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
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Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $129.8M | 142.9K t |
| 2023 | $67.8M | 61.9K t |
| 2022 | $75.2M | 53.8K t |
| 2021 | $139.1M | 102.8K t |
| 2020 | $66.7M | 80.5K t |
| 2019 | $23.5M | 32.4K t |
| 2018 | $528K | 626 t |
| 2017 | $5.2M | 6.6K t |
Where Egypt exports crude soybean oil to
Morocco alone took 77% of it. Among the main buyer markets, Morocco grew fastest (+164% on the year before).
| Destination | Value | Share |
|---|---|---|
| Morocco | $99.5M | 77% |
| Algeria | $10.0M | 7.7% |
| Saudi Arabia | $7.2M | 5.6% |
| Spain | $4.6M | 3.5% |
| Russia | $3.8M | 2.9% |
| Dominican Republic | $1.5M | 1.2% |
| Jordan | $1.1M | 0.8% |
| Dominica | $694K | 0.5% |
| Libya | $679K | 0.5% |
| Yemen | $360K | 0.3% |
Average export price per kg
The average declared value was about $0.91 per kg, close to the world average of $0.95.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Crude soybean oil imports to Egypt
Imports of crude soybean oil by Egypt reached $107.2 million in 2024 (111.6 thousand tonnes). Its share of world imports was 1%. One supplier dominates: Russia accounted for 56% of the value.
| Supplier country | Value | Share |
|---|---|---|
| Russia | $60.6M | 57% |
| Turkey | $29.9M | 28% |
| Italy | $10.7M | 9.9% |
| United States | $4.1M | 3.8% |
| Ukraine | $2.0M | 1.9% |
Who is behind these numbers in Egypt?
The shipment records behind Egypt crude soybean oil exports (HS 1507.10): companies, dates, quantities and declared values.
Shipment records are in the platform
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Mirror data: built from the shipment records of the countries that trade with it.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 1507.10: Vegetable oils: soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified.
Common questions
What is the value of crude soybean oil exported by Egypt?
Egypt exported crude soybean oil worth $129.8 million in 2024, the latest year with complete public data, about 142.9 thousand tonnes. That ranks it 12th of 101 countries worldwide, with 1% of world exports. The value was up 91% on 2023.
Which countries buy crude soybean oil from Egypt?
Morocco was the largest buyer with 77% of the value ($99.5 million), followed by Algeria (8%) and Saudi Arabia (6%). The top three together account for 90%, out of 15 buyer countries in total. Libya grew fastest among the top ten, up 206% on the year.
What is the average export price of crude soybean oil per kg?
The average declared export value was about $0.91 per kg in 2024, close to the world average of $0.95 per kg. Because it averages all grades and sizes, treat the figure as a market benchmark, not a price offer.
How have exports of crude soybean oil from Egypt changed since 2017?
Exports went from $5.2 million in 2017 to $129.8 million in 2024. The peak was 2021 at $139.1 million. Over 8 years the average was $63.5 million a year.
Does Egypt also import crude soybean oil?
Yes. Egypt imported $107.2 million worth of this product in 2024, mainly from Russia, Turkey and Italy. On balance Egypt is a net exporter of this product, by about $22.6 million a year.
What is the HS code for crude soybean oil?
The HS code for crude soybean oil is subheading 1507.10. It sits in HS chapter 15 (animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes). The full list of codes and descriptions is on the HS 1507 page.
How can I find the companies behind this trade?
EximDataX rebuilds Egypt trade from the customs records of its trading partners, so the companies shipping to and from it are visible. Ask for a live look at your product.
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