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Eastern Asia (excluding intra-trade) Cake of soya beans Export value
What is Eastern Asia (excluding intra-trade)'s cake of soya beans export value (1000 usd)? As of 2023, it's 149.4K 1000 USD, down from 430.4K 1000 USD in 2014.
| Label | Cake of soya beans Export value (1000 USD) |
|---|---|
| 2014 | 430353 1000 USD |
| 2015 | 234057 1000 USD |
| 2016 | 346235 1000 USD |
| 2017 | 188108 1000 USD |
| 2018 | 238674 1000 USD |
| 2019 | 237387 1000 USD |
| 2020 | 81126 1000 USD |
| 2021 | 98838 1000 USD |
| 2022 | 94467 1000 USD |
| 2023 | 149395 1000 USD |
Data Source: Food and Agriculture Organization (FAO) and Wantstats Repository
Eastern Asia (excluding intra-trade) Cake of soya beans Export value: Key Points
- Eastern Asia (excluding intra-trade)'s cake of soya beans Export value reached 149.40K USD in 2023. That is down on the 430.35K USD recorded in 2014, a fall of about 65%.
- 2015: collapses to 234.06K USD (-46%).
- 2016: shoots up to 346.24K USD (+48%).
- 2020: falls away sharply to 81.13K USD (-66%).
- 2023: surges to 149.40K USD (+58%).
- 2023: Finishes at 149.40K USD, down 65.3% from where it started in 2014.
What Broke Global Trade In 2020
Don't anchor on the most recent year. With this much back-and-forth, the latest reading is one data point among several similarly-weighted ones, not the start of a new trend.
This isn't a local trade failure — 2020's disruption to global supply chains and demand hit trade flows broadly, not just here.
This rebound fits a global pattern: as economies reopened in 2021, trade flows recovered broadly, driven by pent-up demand and easing restrictions worldwide.
This kind of indicator is almost never measured continuously — it's estimated from periodic data collection, published and later revised by Eastern Asia (excluding intra-trade)'s statistical authority. Direction is the reliable part; individual years less so.
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