Soybean Mill Oil Ext Russia in Ethiopia

When was soybean introduced in Ethiopia?
The crop was introduced in Ethiopia in the 1950s and its research started in the 1970s. Soybean is an economically important leguminous crop in Ethiopia. It is considered a cash crop and its value is underlined by the crop’s worth, in terms of foreign earning.
Where does Ethiopia import soybean oil?
Imports In 2021, Ethiopia imported $4.33M in Soybean Oil, becoming the 110th largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 297th most imported product in Ethiopia. Ethiopia imports Soybean Oil primarily from: Indonesia ($2.12M), Ukraine ($1.51M), Egypt ($606k), United States ($70.2k), and Italy ($14.1k).
Why is soybean important in Ethiopia?
Soybean is an economically important leguminous crop in Ethiopia. It is considered a cash crop and its value is underlined by the crop’s worth, in terms of foreign earning. Besides, it serves as a raw material for food and feed factories as well as the crop has an important source of protein for both humans and livestock.
How much soybean oil does Ethiopia export in 2021?
In 2021, Ethiopia exported $2.41k in Soybean Oil. The main destinations of Ethiopia exports on Soybean Oil were Canada ($2.28k) and Oman ($125). In 2021, Ethiopia imported $4.33M in Soybean Oil, mainly from Indonesia ($2.12M), Ukraine ($1.51M), Egypt ($606k), United States ($70.2k), and Italy ($14.1k).