In June 2025, soybean imports to China amounted to approximately *** billion U.S. dollars, decreasing by around *** percent compared to the same period of the previous year. Despite the seasonal fluctuation in soybean imports, China remains the largest soybean importer in the world. Global top market for soybeans As a major oilseed and protein meal product, soybean is very important in the Chinese diet. Traditional food uses of soybeans include soy milk, tofu, and tofu skin. Soybean imports to China have been increasing. In 2024, more than *** million metric tons of soybeans were imported to China, over ten times as much as the import volume in 2000. The global soybean import volume amounted to around *** million metric tons in 2023/24. In addition, China’s domestic soybean oil demand reached around **** million metric tons in 2023. Brazil – China's largest soybean supplier Soybean is Brazil’s main export commodity. In 2023, Brazil held the top rank as China’s largest soybean supplier with a market share of about ** percent. The United States and Argentina were also among the top three soybean supplying countries to China. In 2023, Brazilian soybean exports to China amounted to around ** billion U.S. dollars. Soybean production in Brazil was forecasted to amount to over *** million metric tons in 2024, and it was expected to exceed *** million tons by 2033. Additionally, the harvesting area of soybeans was forecasted to exceed **** million hectares by then.
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China Imports from United States was US$164.59 Billion during 2024, according to the United Nations COMTRADE database on international trade. China Imports from United States - data, historical chart and statistics - was last updated on September of 2025.
In 2024, Brazil was China's largest soybean supplier, with an import market share of about **** percent. The United States followed with a market share of ***** percent.
Soybean is among the major oilseed and protein meal products. In the 2023/2024 period, around ***** million metric tons of soybeans were imported globally. ***** was by far the leading importer of soybeans, with an annual import volume of approximately *** million metric tons in that year. Global overview Soybeans are grown as a food crop in Eastern Asia and are produced in Western agriculture as a source of both oil and protein. Although the United States and Brazil are the main producers of soybeans, China leads the soybean oil production worldwide.. Soybean market in the US Annual soybean production in the United States has increased to over *** billion bushels in the past few years. Illinois topped the list of major soybean producing U.S. states in 2022, with over *** million bushels produced that year.
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Imports of Soybean in China decreased to 2880694 USD Thousand in February from 4558077 USD Thousand in January of 2024. This dataset includes a chart with historical data for China Imports of Soybean.
In 2024, Chinese exports of trade goods to the United States amounted to about 438.95 billion U.S. dollars; a significant increase from 1985 levels, when imports from China amounted to about 3.86 billion U.S. dollars. U.S. exports to China Compared to U.S. imports from China, the value of U.S. exports to China in 2020 amounted to 427.23billion U.S. dollars. China is the United States’ largest trading partner, while China was the United States third largest goods export market. Some of the leading exports to China in the agricultural sector included soybeans, cotton, and pork products. Texas was the leading state that exported to China in 2020 based on total value of goods exports, at 16.9 billion U.S. dollars. U.S. - China trade war The trade war between the United States and China is an economic conflict between two of the world’s largest national economies. It started in 2018 when U.S. President Donald Trump started putting tariffs and trade barriers on China, with the intent to get China to conform to Trump’s wishes. President Trump claimed that China has unfair trade businesses. As a result of this trade war, it has caused a lot of tension between the U.S. and China. Nearly half of American companies impacted by the U.S.-China trade tariffs said that the trade war increased their cost of manufacturing. The healthcare product industry has suffered the most from the trade war in regards to reduced profits.
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United States Imports from China of Soybeans, whether or not broken was US$2.5 Million during 2024, according to the United Nations COMTRADE database on international trade. United States Imports from China of Soybeans, whether or not broken - data, historical chart and statistics - was last updated on September of 2025.
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China Imports from United States of Soybeans, whether or not broken was US$12.04 Billion during 2024, according to the United Nations COMTRADE database on international trade. China Imports from United States of Soybeans, whether or not broken - data, historical chart and statistics - was last updated on September of 2025.
This statistic shows the amount of soybeans exported from the U.S. between 2011/12 and 2023/24. For 2023/24, an export of just under two million bushels is forecast. This would constitute a slight decrease from the 1.99 million bushels exported in 2022/23.
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Soybeans rose to 1,045.20 USd/Bu on September 12, 2025, up 1.13% from the previous day. Over the past month, Soybeans's price has risen 2.07%, and is up 3.87% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Soybeans - values, historical data, forecasts and news - updated on September of 2025.
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In June 2025, soybean imports to China amounted to approximately *** billion U.S. dollars, decreasing by around *** percent compared to the same period of the previous year. Despite the seasonal fluctuation in soybean imports, China remains the largest soybean importer in the world. Global top market for soybeans As a major oilseed and protein meal product, soybean is very important in the Chinese diet. Traditional food uses of soybeans include soy milk, tofu, and tofu skin. Soybean imports to China have been increasing. In 2024, more than *** million metric tons of soybeans were imported to China, over ten times as much as the import volume in 2000. The global soybean import volume amounted to around *** million metric tons in 2023/24. In addition, China’s domestic soybean oil demand reached around **** million metric tons in 2023. Brazil – China's largest soybean supplier Soybean is Brazil’s main export commodity. In 2023, Brazil held the top rank as China’s largest soybean supplier with a market share of about ** percent. The United States and Argentina were also among the top three soybean supplying countries to China. In 2023, Brazilian soybean exports to China amounted to around ** billion U.S. dollars. Soybean production in Brazil was forecasted to amount to over *** million metric tons in 2024, and it was expected to exceed *** million tons by 2033. Additionally, the harvesting area of soybeans was forecasted to exceed **** million hectares by then.