Soyabean Oil Prices in Egypt
| Variety | Market level | Price (US$/kg) | Local (EGP) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Global benchmark | 1.78 | 55.48 | ▲ 8.0% | ▲ 52.6% | World Bank Pink Sheet |
| - | Export (unit value) | 1.08 | 33.82 | ▲ 19.1% | ▲ 19.1% | UN Comtrade (unit value) |
As of June 2026, the soyabean oil price in Egypt available is US$ 1.08 per kg (33.82 EGP), up 19.1% year-on-year.
Egypt is the 11th largest exporter of soyabean oil, shipping 143,561 tonnes valued at US$130.5 million in 2024, which accounts for 1.4% of global exports and marks an 87.0% year-on-year increase. The country produced 394,100 tonnes in 2023, ranking 18th worldwide and representing 0.5% of global output, though production declined by 41.4% year-on-year. The latest export unit value is US$1.0822 per kg. Egypt is a net exporter of soyabean oil.
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Soyabean Oil Price History & Trend
Global benchmark (world reference) price for soyabean oil, US$ per kg.
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Production, Exports, Imports & HS Codes - soyabean oil in Egypt
Egypt is the 11th largest exporter of soyabean oil, shipping 143,561 tonnes valued at US$130.5 million in 2024, which accounts for 1.4% of global exports and marks an 87.0% year-on-year increase. The country produced 394,100 tonnes in 2023, ranking 18th worldwide and representing 0.5% of global output, though production declined by 41.4% year-on-year. The latest export unit value is US$1.0822 per kg. Egypt is a net exporter of soyabean oil.
Exports UN Comtrade · 2024
In 2024, Egypt exported $130.5M (143.6 kt) of soyabean oil▲ 87% YoY. That ranks #11 worldwide (1.4% of global exports).
Export value by year (US$)
Export volume by year
Top soyabean oil exporters worldwide UN Comtrade · 2024
- #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 $310.7M · 3.5%
Annual export data Egypt · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $130.5M | 143.6 kt | $0.91 |
| 2023 | $69.8M | 67.4 kt | $1.03 |
| 2022 | $64.7M | 44.3 kt | $1.46 |
| 2021 | $104M | 84.2 kt | $1.23 |
| 2020 | $77.4M | 103.1 kt | $0.75 |
Production FAOSTAT · 2023
Egypt produced 394.1 kt of soyabean oil in 2023▼ 41.4% YoY. It ranks #18 among producing countries (0.5% 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.