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  • Which countries export soybean oil from Argentina?
  • The main destination of Soybean Oil exports from Argentina are: india ($3.1B), Bangladesh ($513M), Peru ($404M), Morocco ($260M), and Chile ($244M). The fastest growing export markets for Soybean Oil of Argentina between 2021 and 2022 were Morocco ($183M), Dominican Republic ($176M), and Pakistan ($122M).
  • Will Argentina lose its position in the world's largest exporter of soybeans?
  • As a result of the drought, Post estimates that Argentina will need to import a record 11 MMT of soybeans to achieve a crush of 29.5 MMT. This reduced crush would lead Argentina to export only 18.75 MMT of soybean meal, potentially losing its position as the world's largest exporter of soybean meal. Soybean oil exports are estimated at 3.65 MMT.
  • What would happen if Argentina ceased exporting soybean meal?
  • This reduced crush would lead Argentina to export only 18.75 MMT of soybean meal, potentially losing its position as the world's largest exporter of soybean meal. Soybean oil exports are estimated at 3.65 MMT. Sunflowerseed production is estimated unchanged at 4 MMT and peanut production is lowered to 970,000 MT due to the effects of drought.
  • Will Argentina increase export taxes on corn and soybean oil?
  • Argentina, the world's leading supplier of soybean oil and flour, raised export duties on these products from 31 to 33%, but will not increase taxes on foreign sales of wheat, soybeans, corn and corn oil, announced Saturday the Ministry of Agriculture.
  • Which country exports soybean oil in 2022?
  • Exports In 2022, Argentina exported $6.79B in Soybean Oil, making it the 1st largest exporter of Soybean Oil in the world. At the same year, Soybean Oil was the 3rd most exported product in Argentina. The main destination of Soybean Oil exports from Argentina are: india ($3.1B), Bangladesh ($513M), Peru ($404M), Morocco ($260M), and Chile ($244M).
  • Which countries import soybean oil?
  • The fastest growing export markets for Soybean Oil of Argentina between 2021 and 2022 were Morocco ($183M), Dominican Republic ($176M), and Pakistan ($122M). Imports In 2022, Argentina imported $142M in Soybean Oil, becoming the 32nd largest importer of Soybean Oil in the world.