Soybeans
U.S. Soybeans Exports in 2023
Total Export Value
$27.72 Billion
Total Volume (Millions)
48.25 Metric Tons
3-Year Average
$29.83 Billion
Compound Average Growth
1.5% (2014-2023)
| Market | Total Value (USD) |
|---|---|
| China | $15.06 Billion |
| European Union | $3.45 Billion |
| Mexico | $2.79 Billion |
| Japan | $1.37 Billion |
| Indonesia | $1.25 Billion |
| Taiwan | $622.07 Million |
| Egypt | $477.85 Million |
| Vietnam | $410.75 Million |
| South Korea | $320.1 Million |
| Bangladesh | $302.95 Million |
Data and Analysis
Monthly report on crop acreage, yield and production in major countries worldwide. Sources include reporting from FAS’s worldwide offices, official statistics of foreign governments....
This monthly report includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in oilseeds.
On Monday, June 24, 2024, the Ministry of Agriculture, Forestry and Fisheries (MAFF) of the Government of Japan (GOJ) opened a public comment period for its revision for domestic field trial requirements of genetically engineered (GE) crops.
News and Features
Private exporters reported to USDA sales of 264,000 metric tons of soybeans for delivery to unknown destinations during the 2024/2025 marketing year.
Private exporters reported the following sales activity for MY 2024/2025: 510,000 MT of soybeans for delivery to unknown destinations and 150,000 MT of soybean cake and meal for delivery to unknown destinations.
Private exporters reported sales of 132,000 MT of soybeans for delivery to China during MY 2024/2025.
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