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Price for Soybean Oil in Vietnam

Get price analysis and market insights for Vietnam Soybean Oil with Tridge.

Export prices of Soybean Oil in Vietnam

Historical export price trends

The export price of Soybean Oil from Vietnam has been on a downward trend in recent years, driven by changing market conditions. In 2023, export prices were between $1.48 USD per kg and $1.53 USD per kg. By 2024, these prices had fallen to a new range of $0.97 to $1.44 USD per kg, reflecting shifts in demand or supply for Vietnam Soybean Oil.
Year
Year
Low price, USD/kg
Low price, USD/kg
Low price, USD/lb
Low price, USD/lb
High price, USD/kg
High price, USD/kg
High price, USD/lb
High price, USD/lb
2024
$0.97/kg
$0.44/lb
$1.44/kg
$0.65/lb
2023
$1.48/kg
$0.67/lb
$1.53/kg
$0.69/lb
2022
$1.70/kg
$0.77/lb
$2.43/kg
$1.10/lb

Recent export records

On 2025-02-07, Soybean Oil reported as "[정제,가공을거쳐야하는식품원료] 대두유__CRUDE DEGUMMED SOYBEAN OIL" was exported by a company in Vietnam to a company in South Korea.
See the table below for more recent transactions.
Date
Date
Unit price
Unit price
Reported product name
Reported product name
Exporter
Exporter
Origin
Origin
Importer
Importer
Destination
Destination
2025-02-07
$000/kg
[정제,가공을거쳐야하는식품원료] 대두유__CRUDE DEGUMMED SOYBEAN OIL
Company name
Vietnam
Company name
South Korea
2025-02-03
$000/kg
[정제,가공을거쳐야하는식품원료] 대두유__CRUDE DEGUMMED SOYBEAN OIL
Company name
Vietnam
Company name
South Korea
2025-01-22
$000/kg
[콩기름(대두유)] 대두유__REFINED SOYBEAN OIL
Company name
Vietnam
Company name
South Korea
To access detailed information, including unit prices and company names, get full access to our Transaction Data.

Import prices of Soybean Oil in Vietnam

Historical import price trends

The import price of Soybean Oil to Vietnam has fluctuated over the past two years, reflecting shifting market trends. In 2023, import prices ranged from $1.27 USD per kg to $3.17 USD per kg. By 2024, price volatility persisted, with prices continuing to vary between $1.06 USD and $5.30 USD per kg, indicating ongoing market instability for Soybean Oil imports to Vietnam.
Year
Year
Low price, USD/kg
Low price, USD/kg
Low price, USD/lb
Low price, USD/lb
High price, USD/kg
High price, USD/kg
High price, USD/lb
High price, USD/lb
2024
$1.06/kg
$0.48/lb
$5.30/kg
$2.40/lb
2023
$1.27/kg
$0.57/lb
$3.17/kg
$1.44/lb
2022
$1.19/kg
$0.54/lb
$1.19/kg
$0.54/lb

Recent import records

On 2024-10-31, Soybean Oil reported as “Crude degummed soybean oil (CRUDE DEGUMMED SOYBEAN OIL). Vegetable oil used as animal/aqua feed, granular form. Manufacturer: THAI VEGETABLE OIL PUBLIC COMPANY LIMITED. 100% new” was imported by a company in Vietnam from a company in Thailand.
See the table below for more recent transactions.
Date
Date
Unit price
Unit price
Reported product name
Reported product name
Exporter
Exporter
Origin
Origin
Importer
Importer
Destination
Destination
2024-10-31
$000/kg
Crude degummed soybean oil (CRUDE DEGUMMED SOYBEAN OIL). Vegetable oil used as animal/aqua feed, granular form. Manufacturer: THAI VEGETABLE OIL PUBLIC COMPANY LIMITED. 100% new
Company name
Thailand
Company name
Vietnam
2024-10-31
$000/kg
OIL#&Refined soybean oil (non-gmos)
Company name
Malaysia
Company name
Vietnam
2024-10-31
$000/kg
SX10406#&Soybean oil - SBO-50 SOYBEAN OIL MASTER BATCH (inspected at account number: 101548117312/E31 on August 9, 2017) (NPL SX shoes, CAS: 8001-22-7, 9003-55-8, 7631-86-9, 57-11-4)
Company name
China
Company name
Vietnam
To access detailed information, including unit prices and company names, get full access to our Transaction Data.

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Market Brief | Instant insights

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Transaction Data | In-depth analysis

Access detailed transaction records and company analysis for Soybean Oil, sourced from B/L and customs data. Monitor competitor activities, identify new trade partners, and analyze export/import prices. Use transaction data for deeper insights and more informed business decisions.

FAQ for Soybean Oil price in Vietnam

Where does Tridge source its price data?
Tridge gathers price data from over 400 trusted global sources, including government public sources, producers, traders, and local industry experts. We ensure data accuracy through both human oversight and cutting-edge AI technology, which helps manage missing values, detect outliers, and standardize currency and units.
How are the low and high prices for Vietnam Soybean Oil calculated?
The low and high prices are calculated from Vietnam data for Soybean Oil during the selected period, showing the typical price range after excluding outliers. Please note that trends may differ when analyzed in more detail, such as by product variety, company, or specific timeframes.
How much transaction data is there for Soybean Oil in Vietnam in Tridge?
We have 2076 transaction records for Soybean Oil in Vietnam. Visit our About Transaction Data page to explore its features.

Soybean Oil prices in other countries

Explore the prices of Soybean Oil across different countries
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