Soyabean Oil Prices in Belarus
| Variety | Market level | Price (US$/kg) | Local (BYN) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Global benchmark | 1.78 | 4.48 | ▲ 8.0% | ▲ 52.6% | World Bank Pink Sheet |
| - | Export (unit value) | 1.16 | 2.94 | ▲ 52.5% | ▲ 52.5% | UN Comtrade (unit value) |
As of June 2026, the soyabean oil price in Belarus available is US$ 1.16 per kg (2.94 BYN), up 52.5% year-on-year.
Belarus exported US$52.4 million (45,003 tonnes) of soyabean oil in 2021, ranking #22 among 82 exporters and accounting for 0.4% of global exports, with an 8.8% year-on-year decrease. The country is a net exporter, producing 56,600 tonnes in 2023, which is 0.1% of world output and a 5.6% increase from the previous year. The latest export unit value is US$1.1649 per kg.
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Soyabean Oil Price History & Trend
Global benchmark (world reference) price for soyabean oil, US$ per kg.
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Production, Exports, Imports & HS Codes - soyabean oil in Belarus
Belarus exported US$52.4 million (45,003 tonnes) of soyabean oil in 2021, ranking #22 among 82 exporters and accounting for 0.4% of global exports, with an 8.8% year-on-year decrease. The country is a net exporter, producing 56,600 tonnes in 2023, which is 0.1% of world output and a 5.6% increase from the previous year. The latest export unit value is US$1.1649 per kg.
Exports UN Comtrade · 2021
In 2021, Belarus exported $52.4M (45 kt) of soyabean oil▼ 8.8% YoY. That ranks #22 worldwide (0.4% of global exports).
Export value by year (US$)
Export volume by year
Top soyabean oil exporters worldwide UN Comtrade · 2021
- #1 Argentina $4.64B · 51.5%
- #2 Brazil $1.15B · 12.7%
- #3 Paraguay $409.2M · 4.5%
- #4 Turkey $348.5M · 3.9%
- #5 US $310.7M · 3.5%
Annual export data Belarus · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2021 | $52.4M | 45 kt | $1.16 |
| 2020 | $57.5M | 75.2 kt | $0.76 |
Production FAOSTAT · 2023
Belarus produced 56.6 kt of soyabean oil in 2023▲ 5.6% YoY. It ranks #39 among producing countries (0.1% of world output).
Production by year (tonnes)
HS Code
soyabean oil is traded under Harmonized System code 1507.10. Trade figures above are compiled for this HS heading.
Sources: trade & HS - UN Comtrade; production - FAOSTAT (FAO). Values are official reported figures.