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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 |
- By Market
- By Year
Top 10 Soybeans Export Markets 2014 - 2023
Annual Soybeans Exports 2014 - 2023
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Global Agricultural Trade System (GATS)
Current and historical data on international trade in agricultural, fish, forest and textile products.
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.
Forecast soybean production for MY 24/25 is unchanged at 19.6 million metric tons (MMT) based on a planted area of 9.95 million hectares (Mha). Relatively low and declining soybean meal (SBM) prices since the beginning of MY 23/24 could encourage more SBM use in feed production.
News and Features
Private exporters reported sales of 100,000 MT of soybeans for delivery to China during MY 2024/2025.
Private exporters reported sales of 132,000 MT of soybeans for delivery to China during MY 2024/2025.
Private exporters reported the following sales activity for MY 2024/2025: 126,000 MT of soybeans for delivery to China and 189,700 MT of soybeans for delivery to unknown destinations.
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Oilseeds: World Markets and Trade
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World Agricultural Production
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Nov 8
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Oilseeds: World Markets and Trade
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Report Release
World Agricultural Production
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Oilseeds: World Markets and Trade
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