The volume of soyabean oil sold by Austria in 2020 was 7,826 tonnes. In 2019 Austria exported 9,383 tonnes of soyabean oil. In 2019 alone, the interest in Austria soyabean oil (processed category) has escalated, changing by 14.581 per cent compared to the year 2018. Between 2017 and 2019, soyabean oil's exports grew by 4.98% earning Austria US$7.56m for the year 2019. Austria's soyabean oil exports are classified as:
- Crude soya-bean oil, whether or not degummed (HS code 150710)
- Soya-bean oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 150790)
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Österreich sojaöl export values
In 2019, Austria sold soyabean oil valued at 7.56m USD, a surge of 2.51% from 2018's total soyabean oil export of 7.375m USD. The annual increase in value of Austria soyabean oil between 2017 to 2018 was -9.398 percent.
The per year variation in the volume of Austria's soyabean oil exports between 2017 and 2019 was 4.98 pc in comparison to a variation of 14.581% in the period between 2018 and 2019.
Austria's share of the world's total soyabean oil's exports in 2019 was less than 1%. The country is ranked position 53 in world exports of soyabean oil.
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Export markets for Österreich sojaöl ( in '000$ )
Austria's best performing destinations for soyabean oil are Germany, Czech Republic, Belgium, the Netherlands and Lithuania.
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Import/Export Trends
Austria is a net importer of soyabean oil. The annual growth of Austria soyabean oil in value between 2015 to 2019 was -7%, per year, while annual growth in quantity during the same period was -20%, per annum.
Austria imported 15,956 tonnes of soyabean oil in 2019.
