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
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.
Malaysia’s palm oil production is forecast at 19.5 million metric tons (MT) in MY2025/26, with export estimates rising to 16.2 million MT as demand in African markets grows and Indonesia’s B40 mandate limits regional supply.
News and Features
Private exporters reported sales activities for delivery in MY 2025/2026 and MY 2026/2027.
Private exporters reported the following sales activities for MY 2025/2026: 264,000 MT of soybeans for delivery to China, 186,000 MT of corn for delivery to unknown destinations, and 226,000 MT of soybeans for delivery to unknown destinations.
Private exporters reported the following sales activity for MY 2025/2026: 136,000 MT of soybeans for delivery to China, 119,000 MT of soybeans for delivery to unknown destinations, 212,000 MT of soybeans received in the reporting period for delivery to unknown destinations, 120,000 MT of soybean cake and meal for delivery to Poland.
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