Commodity | Reporter | Partner | Trade flow | Indicator | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
1201. Soya beans, whether or not broken | European Union | USA | Imports | Value (US$) | 1,223,072,123.00 | 1,837,439,818.16 | 2,116,983,049.71 | 1,943,758,325.60 | 2,205,222,471.32 | 1,953,803,802.54 | 2,966,863,932.70 | 2,558,190,082.42 | 1,925,729,977.52 | 2,298,201,948.06 | 3,048,297,510.48 | 3,505,056,884.05 |
Value Growth, YoY (%) | -4.91 | 50.23 | 15.21 | -8.18 | 13.45 | -11.40 | 51.85 | -13.77 | -24.72 | 19.34 | 32.63 | 14.98 |
The value of imports of commodity group 1201 "Soya beans, whether or not broken" to European Union from USA totalled $ 3.5 billion in 2023. Sales of commodity group 1201 to European Union from USA increased by 14.9% compared to 2022: imports of commodity group 1201 "Soya beans, whether or not broken" went up by $ 456 million (the value of sales of commodity group 1201 to European Union from USA was equal to $3.04 billion in 2022)
Imports of commodity group 1201 amounted to 0.957% of total merchandise imports to European Union from USA (in 2023, total imports to European Union from USA were $ 366 billion). The share of commodity group 1201 in total imports to European Union from USA went up by 0.139 p.p. compared to 2022 (it was 0.818% in 2022 and cumulative imports to European Union from USA were equal to $ 372 billion).
Imports of commodity group 1201 accounted for 85% of total imports of group "" to European Union from USA in 2023 (in 2023, the value of imports of commodity group to European Union from USA was $4.08 billion). The share of purchases of commodity group 1201 in total imports of commodity group to European Union from USA went down by 0.655 p.p. compared to 2022 (it was 86% in 2022, and imports of commodity group to European Union from USA accounted for $3.52 billion).
The share of USA in total imports of commodity group 1201 "Soya beans, whether or not broken" to European Union amounted to 44 percent (3.5 billion USD) in 2023 of 7.8 billion USD - the value of total merchandise imports of commodity group 1201 to European Union in 2023. The share of USA in imports of commodity group 1201 "Soya beans, whether or not broken" to European Union increased by 10.2 p.p. compared to 2022 (it was 34 percent in 2022, and total imports of commodity group 1201 to European Union were equal to 8.8 billion USD).