Soybeans
U.S. Soybeans Exports in 2022
Total Export Value
$34.37 Billion
Total Volume (Millions)
57 Metric Tons
3-Year Average
$29.1 Billion
Compound Average Growth
4.8% (2013-2022)
Top 10 Markets for Soybeans in 2022
| Market | Total Value (USD) |
|---|---|
| China | $17.93 Billion |
| Mexico | $3.64 Billion |
| European Union | $2.74 Billion |
| Egypt | $1.94 Billion |
| Japan | $1.83 Billion |
| Indonesia | $1.24 Billion |
| Taiwan | $1.08 Billion |
| South Korea | $462 Million |
| Vietnam | $390.08 Million |
| Bangladesh | $382.52 Million |
Data and Analysis
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.
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....
Strong exports from Brazil pushed China to a record 100.85 million metric tons (MMT) of soybeans imports in marketing year (MY) 22/23. Imports are forecast to reach similar levels in MY 23/24 on sustained demand from the feed sector.
News and Features
Private exporters reported the following sales activity to USDA: 129,000 metric tons of soybeans for delivery to China during the 2023/2024 marketing year; and 323,400 metric tons of soybeans for delivery to unknown destinations during the 2023/2024 marketing year.
Private exporters reported sales of 220,000 MT of soybeans for delivery to unknown destinations during MY 2023/2024.
Private exporters reported the following sales activity for MY 2023/2024: 204,000 MT of soybeans for delivery to China and 143,637 MT of corn for delivery to Mexico.
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