Soyabean Oil Prices in New Zealand
| Variety | Market level | Price (US$/kg) | Local (NZD) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Global benchmark | 1.78 | 2.82 | ▲ 8.0% | ▲ 52.6% | World Bank Pink Sheet |
| - | Export (unit value) | 3.54 | 5.64 | ▲ 22.0% | n/a | UN Comtrade (unit value) |
As of August 2026, the soyabean oil price in New Zealand available is US$ 3.54 per kg (5.64 NZD).
In 2023, New Zealand exported soyabean oil valued at US$1,150, with no recorded export volume, ranking #78 out of 86 global exporters. The export value declined by 27.4% year-on-year. The latest export unit value is US$3.5434 per kg. New Zealand is a net exporter of soyabean oil.
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Soyabean Oil Price History & Trend
Global benchmark (world reference) price for soyabean oil, US$ per kg.
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Use this data freely with attribution to Selina Wamucii.
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Production, Exports, Imports & HS Codes - soyabean oil in New Zealand
In 2023, New Zealand exported soyabean oil valued at US$1,150, with no recorded export volume, ranking #78 out of 86 global exporters. The export value declined by 27.4% year-on-year. The latest export unit value is US$3.5434 per kg. New Zealand is a net exporter of soyabean oil.
Exports UN Comtrade · 2023
In 2023, New Zealand exported $1.2K (0.4 t) of soyabean oil▼ 27.4% YoY. That ranks #78 worldwide.
Export value by year (US$)
Export volume by year
Top soyabean oil exporters worldwide UN Comtrade · 2023
- #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 $310.7M · 3.5%
Annual export data New Zealand · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2023 | $1.2K | 0.4 t | $2.9 |
| 2022 | $1.6K | 0.5 t | $3.22 |
| 2021 | $443 | 0.2 t | $2.31 |
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. Values are official reported figures.