Soyabean Oil Prices in United Arab Emirates (UAE)
| Variety | Market level | Price (US$/kg) | Local (AED) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Global benchmark | 1.78 | 6.52 | ▲ 8.0% | ▲ 52.6% | World Bank Pink Sheet |
| - | Export (unit value) | 1.17 | 4.30 | ▼ 27.4% | ▼ 27.4% | UN Comtrade (unit value) |
As of June 2026, the soyabean oil price in United Arab Emirates (UAE) available is US$ 1.17 per kg (4.30 AED), down 27.4% year-on-year.
In 2023, the United Arab Emirates exported 1,623 tonnes of soyabean oil valued at US$1,901,255, ranking #42 among 86 exporters and accounting for 0.0% of global exports. The country produced 9,400 tonnes, placing #65 globally with 0.0% of world output. The latest export price is US$1.1713 per kg. UAE is a net exporter of soyabean oil.
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Soyabean Oil Price History & Trend
Global benchmark (world reference) price for soyabean oil, US$ per kg.
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Production, Exports, Imports & HS Codes - soyabean oil in United Arab Emirates (UAE)
In 2023, the United Arab Emirates exported 1,623 tonnes of soyabean oil valued at US$1,901,255, ranking #42 among 86 exporters and accounting for 0.0% of global exports. The country produced 9,400 tonnes, placing #65 globally with 0.0% of world output. The latest export price is US$1.1713 per kg. UAE is a net exporter of soyabean oil.
Exports UN Comtrade · 2023
In 2023, United Arab Emirates (UAE) exported $1.9M (1.6 kt) of soyabean oil▼ 61.6% YoY. That ranks #42 worldwide (0% of global exports).
Export value by year (US$)
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 $310.7M · 3.5%
Annual export data United Arab Emirates (UAE) · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2023 | $1.9M | 1.6 kt | $1.17 |
| 2022 | $5M | 3.1 kt | $1.61 |
| 2021 | $11.7K | 6.7 t | $1.75 |
| 2020 | $9 | 0.1 t | $0.13 |
Production FAOSTAT · 2023
United Arab Emirates (UAE) produced 9.4 kt of soyabean oil in 2023▼ 2.1% YoY. It ranks #65 among producing countries (0% 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.