Soybeans
U.S. Soybeans Exports in 2024
Total Export Value
$24.47 Billion
Total Volume (Millions)
52.21 Metric Tons
3-Year Average
$28.85 Billion
Compound Average Growth
2.6% (2015-2024)
| Market | Total Value (USD) |
|---|---|
| China | $12.64 Billion |
| European Union | $2.45 Billion |
| Mexico | $2.3 Billion |
| Indonesia | $1.24 Billion |
| Egypt | $1.06 Billion |
| Japan | $998.33 Million |
| Taiwan | $624.14 Million |
| Vietnam | $481.87 Million |
| Bangladesh | $350.52 Million |
| Turkey | $350.04 Million |
Data and Analysis
Post raises its forecast for marketing year 25/26 soybean production slightly to 19.9 million metric tons on generally favorable weather conditions in northern China and slightly higher planted area.
FAS/Tel Aviv (Post) forecasts Israel’s soybean imports in marketing year (MY) 2025/26 (October- September) to decrease slightly from the previous marketing year due to a decline in demand.
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.
News and Features
Private exporters reported the following sales activities for MY 2025/2026: 123,000 MT of soybeans for delivery to unknown destinations and 204,650 MT of soybeans received in the reporting period for delivery to unknown destinations.
Private exporters reported sales of 228,606 MT of soybeans for delivery to Mexico during MY 2025/2026.
Private exporters reported the following sales activity for MY 2025/26: 102,870 MT of corn to Mexico, 140,000 MT of corn to South Korea, and 142,500 MT of soybeans to Mexico.
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