# World exports of soybean oil fell by 45%

> World soybean oil exports fell to 325,000 tonnes in December 2020 from 593,000 a year earlier, mainly due to a 268,000-tonne drop from Argentina after strikes disrupted shipments. U.S. exports rose to 100,000 tonnes, and analysts expect Argentine shipments to recover in early 2021.

- Date: 2021-01-21 · published 2021-01-21T12:00:00.000Z
- Category: trade · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/49248-world-exports-of-soybean-oil-fell-by-45
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Lower Argentine soy oil exports tighten global supply and support soy oil prices, though expected Argentine recovery could ease pressure in coming months.

## Read by commodity

- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2022-05-24 | [Brazil’s Soybean Oil Exports Offset Biodiesel Fall \| CZ app](https://feedsoft.ai/events/41480-brazil-s-soybean-oil-exports-offset-biodiesel-fall-cz-app.md) | -2.0% | -12.6% |
| SBO | 2025-03-03 | [US Soybean Oil Exports to Remain Strong Into 2025-26](https://feedsoft.ai/events/11142-us-soybean-oil-exports-to-remain-strong-into-2025-26.md) | -3.5% | -0.7% |
| SBO | 2026-07-16 | [Brazil soybean oil exports may exceed forecasts \| Latest Market News](https://feedsoft.ai/events/18450-brazil-soybean-oil-exports-may-exceed-forecasts-latest-market-news.md) | -0.6% | -4.7% |
| SBO | 2024-12-11 | [Export demand surging for US corn, soybean oil \| Baking Business](https://feedsoft.ai/events/26904-export-demand-surging-for-us-corn-soybean-oil-baking-business.md) | -2.0% | -2.2% |
| SBO | 2018-05-17 | [Bunge to consider soybean exports to Argentina \| World-grain.com \| May 16, 2018 20:12 \| World Grain](https://feedsoft.ai/events/64866-bunge-to-consider-soybean-exports-to-argentina-world-grain-com-may-16-2018-20.md) | +3.6% | -1.5% |

## Sources

- tridge.com: https://www.tridge.com/news/world-exports-of-soybean-oil-fell-by-45

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.