What is the price of soyabean oil per kilogram/pound in Vietnam today?
The retail price range for Vietnam soyabean oil is between US$ 0.43 and US$ 0.50 per kilogram or between US$ 0.20 and US$ 0.23 per pound(lb). Click here to see today's exact prices of soyabean oil in Vietnam
The retail price range in Dong for soyabean oil is between VND 10,775.25 and VND 12,451.40 per kilogram or between VND 4,886.73 and VND 5,646.89 per pound(lb) in Hanoi and Ho Chi Minh City.
Wholesale prices
In 2024, the approximate wholesale price range for Vietnam soyabean oil is between US$ 0.30 and US$ 0.35 per kilogram or between US$ 0.14 and US$ 0.16 per pound(lb).
Related: Kenya Soyabean oil prices, South Africa Soyabean oil prices, Malaysia Soyabean oil prices, Philippines Soyabean oil prices, India Soyabean oil prices, United Arab Emirates (UAE) Soyabean oil prices, Canada Soyabean oil prices, US Soyabean oil prices, Australia Soyabean oil prices, New Zealand Soyabean oil prices, Germany Soyabean oil prices, Netherlands Soyabean oil prices, Spain Soyabean oil prices, United Kingdom (UK) Soyabean oil prices,
Price Finder Tool
Search for prices of Vietnam soyabean oil and other products in different countries.
Vietnam Soyabean Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Soyabean oil from Vietnam over the last five years has seen a steady decline. In 2013, the price was 1.24 US dollars per kg, which dropped to 1.03 US dollars per kg in 2014. This downward trend continued in 2015, when the price fell to 0.89 US dollars per kg. In 2016, the price dropped further to 0.83 US dollars per kg, and then increased slightly to 0.85 US dollars per kg in 2017. The price has remained steady since then, with 0.83 US dollars per kg in 2018 and 2019, and 0.82 US dollars per kg in 2020. Based on this trend, it is predicted that the export price per kilogram of Soyabean oil from Vietnam will be 0.81 US dollars per kg in 2023 and 0.80 US dollars per kg in 2024.Vietnam Soyabean Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Soyabean oil into Vietnam has seen a steady decline over the past five years. In 2013, the price was 1.24 US dollars per kg, which dropped to 1.03 US dollars per kg in 2014. This trend continued in 2015, when the price fell to 0.89 US dollars per kg. In 2016, the price dropped further to 0.83 US dollars per kg, and then increased slightly to 0.85 US dollars per kg in 2017. However, the price has remained steady at 0.83 US dollars per kg in both 2018 and 2019, and has dropped to 0.82 US dollars per kg in 2020. Based on this trend, it is likely that the import price per kilogram of Soyabean oil into Vietnam will remain steady at 0.82 US dollars per kg in the next few years, with a slight decrease to 0.81 US dollars per kg in 2023 and 0.80 US dollars per kg in 2024.Export values for Vietnam soyabean oil
The total values in export for soyabean oil in Vietnam were US$ 25,485, US$ 34,360, US$ 38,176 and US$ 14,665 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Vietnam: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of soyabean oil in other countries across Asia: Kazakhstan soyabean oil, Kyrgyzstan soyabean oil, Tajikistan soyabean oil, Turkmenistan soyabean oil, Uzbekistan soyabean oil, China soyabean oil, Hong Kong soyabean oil, Macao soyabean oil, North Korea soyabean oil & Mongolia soyabean oil.
Vietnam soyabean oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Vietnam exported 17,723 tonnes of soyabean oil. Across 2019 alone, the interest in Vietnam soyabean oil (processed category) has shrunk, with a change of -61.454 % compared to the year 2018. Between 2017 and 2019, soyabean oil's exports decreased by -56% earning Vietnam US$14.66m for the year 2019. Vietnam's soyabean oil exports are classified as:
- Soya-bean oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 150790)
- Crude soya-bean oil, whether or not degummed (HS code 150710)
Are you a producer of soyabean oil or other products?
Sign up today for FREE to buy or sell soyabean oil.
Vietnam soyabean oil export values
In 2019, Vietnam supplied soyabean oil with a value of 14.66m USD, a drop of -61.60% from 2018's total soyabean oil export of 38.176m USD. The yearly reduction in value of Vietnam soyabean oil between 2017 to 2018 was 11.106 percent.
The annual/yearly variation in the volume of Vietnam's soyabean oil exports between 2017 and 2019 was -56 pc compared to a variation of -61.454% in the period between 2018 and 2019.
Vietnam's portion of the world's total soyabean oil's exports in 2019 was less than 1%. Vietnam holds number 26 in world exports of soyabean oil.
Export markets for Vietnam soyabean oil ( in '000$ )
Import/Export Trends
Vietnam is a net importer of soyabean oil. The annual growth of Vietnam soyabean oil in value between 2015 to 2019 was 100%, per year, while annual growth in quantity through the same period was 100%, per annum.
Vietnam ordered 64,073 tonnes of soyabean oil in 2019.