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Agriculture🇻🇳 Vietnam

Vietnam Soybean Oil Production

– Soybean Oil Production refers to the total quantity of oil produced from processed soybeans within a country during a specified period, measured in tonnes.

Vietnam Soybean Oil ProductionThousand Tonnes · 2015–2023

2402202001802015: 227.52016: 183.9Trough2017: 219.32018: 232.82019: 213.42020: 220.72021: 238Peak2022: 231.72023: 222.720152017201920212023
Source: Our World in DataLast updated: July 2026

What Vietnam Soybean Oil Production shows

Vietnam Soybean Oil Production was 222.7 Thousand Tonnes in 2023, down 3.9% on 2022. The Vietnam Soybean Oil Production dataset provides a comprehensive assessment of the country's soybean oil manufacturing performance and the development of its edible oil processing industry between 2015 and 2023.

Trend

Lower over the period

Vietnam Soybean Oil Production moved from 227.5 Thousand Tonnes in 2015 to 222.7 Thousand Tonnes in 2023 (−2.1%), an average of −0.3% a year. The series high was 238 Thousand Tonnes in 2021 and the low 183.9 Thousand Tonnes in 2016.

Volatility

A 22.7% peak-to-trough swing

The gap between the series high (2021) and low (2016) is 54.10 Thousand Tonnes. The sharpest single-year move was +19.2% in 2017.

Structure

Ranks 18 of 34 countries covered

Among the 34 countries in this dataset, Vietnam ranks 18 for 2023, behind China (17,815 Thousand Tonnes) and U.S. (12,227 Thousand Tonnes). It accounts for 0.4% of the global total in 2023.

Full series

Vietnam Soybean Oil Production by year

Complete annual series with year-on-year change. Values are reported in Thousand Tonnes.

Scroll the table sideways to see all columns.

Vietnam Soybean Oil Production, 2015–2023, Thousand Tonnes.
YearThousand TonnesChange vs prior year
2023 222.7 −3.9%
2022 231.7 −2.6%
2021Peak 238 +7.8%
2020 220.7 +3.4%
2019 213.4 −8.3%
2018 232.8 +6.2%
2017 219.3 +19.2%
2016 Trough183.9 −19.2%
2015 227.5 —

Regional context

How Vietnam compares in Asia

Soybean Oil Production by country, 2023, Thousand Tonnes. Vietnam is highlighted.

1China
17,815
2India
2,093
3Thailand
494.8
4Japan
494
5Taiwan
458.9
6Turkey
328.3
7Vietnam
222.7
8South Korea
193.2

Data definition

Inclusions and exclusions

Soybean Oil Production — – Soybean Oil Production refers to the total quantity of oil produced from processed soybeans within a country during a specified period, measured in tonnes. The indicator reflects the scale of soybean processing and edible oil manufacturing and is used to assess agricultural processing capacity, oilseed utilization, and the performance of the vegetable oil industry. The data presented by Our World in Data is based on statistics from the Food and Agriculture Organization (FAO).

Inclusions

The data includes the annual production of soybean oil extracted from soybeans through mechanical pressing and solvent extraction processes. It covers crude and refined soybean oil produced for human consumption, food manufacturing, industrial applications, and export. The figures represent domestic production compiled from official agricultural and food processing statistics and standardized by the FAO to ensure international comparability across countries and years.

Exclusions

The data excludes soybean cultivation and production, soybean meal, biodiesel production, other vegetable oils (such as palm, sunflower, rapeseed, or olive oil), soy-based food products, imports and exports of soybean oil, and stock changes. It also excludes informal or unrecorded production not captured in official agricultural statistics and losses occurring during storage, transportation, or distribution after production.

About this indicator

Soybean Oil Production — – Soybean Oil Production refers to the total quantity of oil produced from processed soybeans within a country during a specified period, measured in tonnes. The indicator reflects the scale of soybean processing and edible oil manufacturing and is used to assess agricultural processing capacity, oilseed utilization, and the performance of the vegetable oil industry. The data presented by Our World in Data is based on statistics from the Food and Agriculture Organization (FAO).

Measured in Thousand Tonnes, the dataset serves as an important benchmark for evaluating oilseed processing capacity, soybean utilization, agricultural productivity, food manufacturing output, supply chain efficiency, and the overall development of Vietnam's edible oil sector. Based on the validated data, Vietnam recorded moderate fluctuations in soybean oil production during the study period while maintaining a relatively stable production base. Production declined from 227.50 thousand tonnes in 2015 to 183.90 thousand tonnes in 2016, before recovering to 219.30 thousand tonnes in 2017 and 232.80 thousand tonnes in 2018. Output eased to 213.40 thousand tonnes in 2019, increased to 220.70 thousand tonnes in 2020, and reached a study-period high of 238.00 thousand tonnes in 2021. Production then moderated to 231.70 thousand tonnes in 2022 and 222.70 thousand tonnes in 2023. Overall, the dataset reflects a stable soybean processing industry with moderate year-to-year variations rather than sustained long-term growth. The dataset provides valuable insights into production trends, edible oil manufacturing performance, and agricultural value addition within Vietnam's soybean processing sector. It supports year-over-year analysis, benchmarking against other major soybean oil-producing countries, and evaluation of long-term industry developments. Policymakers, soybean processors, edible oil manufacturers, agricultural producers, exporters, investors, market analysts, and researchers can use the dataset to assess production performance, monitor industry trends, identify investment opportunities, forecast future soybean oil output, improve processing efficiency, strengthen supply chain resilience, and support evidence-based strategies that promote sustainable growth across Vietnam's edible oil and soybean value chain.

Indicator
Soybean Oil Production
Country
Vietnam
Region
Asia
Unit
Thousand Tonnes
Coverage
2015–2023, annual
Category
Agriculture
Last updated
July 2026
Source
Our World in Data

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Frequently asked questions

What is Vietnam Soybean Oil Production?

Definition – Soybean Oil Production refers to the total quantity of oil produced from processed soybeans within a country during a specified period, measured in tonnes. The indicator reflects the scale of soybean processing and edible oil manufacturing and is used to assess agricultural processing capacity, oilseed utilization, and the performance of the vegetable oil industry. The data presented by Our World in Data is based on statistics from the Food and Agriculture Organization (FAO).

What was Vietnam Soybean Oil Production in 2023?

Vietnam Soybean Oil Production was 222.7 Thousand Tonnes in 2023, down 3.9% on 2022.

How has Vietnam Soybean Oil Production changed between 2015 and 2023?

Vietnam Soybean Oil Production moved from 227.5 Thousand Tonnes in 2015 to 222.7 Thousand Tonnes in 2023 (−2.1%), an average of −0.3% a year. The series high was 238 Thousand Tonnes in 2021 and the low 183.9 Thousand Tonnes in 2016.

Which year had the highest and lowest Vietnam Soybean Oil Production?

The highest value was 238 Thousand Tonnes in 2021 and the lowest was 183.9 Thousand Tonnes in 2016.

What does the Vietnam Soybean Oil Production data include and exclude?

Included: The data includes the annual production of soybean oil extracted from soybeans through mechanical pressing and solvent extraction processes. It covers crude and refined soybean oil produced for human consumption, food manufacturing, industrial applications, and export. The figures represent domestic production compiled from official agricultural and food processing statistics and standardized by the FAO to ensure international comparability across countries and years. Excluded: The data excludes soybean cultivation and production, soybean meal, biodiesel production, other vegetable oils (such as palm, sunflower, rapeseed, or olive oil), soy-based food products, imports and exports of soybean oil, and stock changes. It also excludes informal or unrecorded production not captured in official agricultural statistics and losses occurring during storage, transportation, or distribution after production.

Where does the Vietnam Soybean Oil Production data come from?

The series is sourced from Our World in Data (https://ourworldindata.org/explorers/global-food?time=2023&pickerSort=asc&Food=Soybean+oil&Metric=Production&Per+capita=false&country=USA~DEU~FRA~GBR~BRA~ZAF%3BhideControls). It covers 2015–2023 and is reported in Thousand Tonnes.

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