In 2019 South Africa exported 10,616,949 tonnes of soyabean oil. Across 2019 alone, the demand for South Africa soyabean oil (processed category) has surged, flactuating by 506.369 per cent compared to the year 2018. Between 2017 and 2019, soyabean oil's exports grew by 1.2 percent netting the country US$46.32m for the year 2019. South Africa's soyabean oil exports are categorised as:
In 2019, South Africa exported soyabean oil with a value of 46.32m USD, a drop of -16.00% from 2018's total soyabean oil export of 55.141m USD. The annual reduction in value of South Africa soyabean oil between 2017 to 2018 was 8.699 per cent.
The annual variation in the amount of South Africa's soyabean oil exports between 2017 and 2019 was 1.2% compared to a variation of 506.369% in the period between 2018 and 2019.
South Africa's portion of the world's total soyabean oil's exports in 2019 was less than 1%. The country holds number 41 in world exports of soyabean oil.
South Africa's leading destinations for soyabean oil are Zambia, Zimbabwe, Botswana, Swaziland (Eswatini) and Lesotho.
South Africa is a net exporter of soyabean oil. The annual growth of South Africa soyabean oil in value between 2015 to 2019 was -40%, per year, while annual growth in quantity during the same period was -21%, per annum.
South Africa purchased 97,635 tonnes of soyabean oil in 2019.