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.

The United States is a major producer of soybeans worldwide, with China importing the largest amount of U.S. grown soybeans of any country as of 2021. In that year, China imported nearly 14.15 billion metric tons of soybeans from the United States.

Soy foods Soybeans are naturally high in protein and hence a popular ingredient in vegetarian and vegan cuisine. Soy milk is a vegan and lactose-free alternative to cow’s milk, and soy sauce features heavily in East Asian cuisine. Tofu, tempeh, and miso are also all derived from soy. In the United States, the market value of soy food is expected to reach 9.6 billion U.S. dollars by 2020, up from 4.6 billion dollars in 2014.

Soybean production in the United States The United States produces the highest volume of soybeans of any country, at around 120 million metric tons in 2020/2021. In the previous year, the total value of U.S. soybean production amounted to about 39.13 billion U.S. dollars. Within the United States, the states with the most soybean cultivation are located in the Midwest. Illinois topped the list with over 673 million bushels of soybeans produced in 2021.

The US soybean farming industry is navigating significant changes in the current period, with soybean prices determining the initial rise and recent decline in industry performance. These prices have been influenced by several key factors, including the growing demand for biofuels and mixed consumer perceptions regarding soy products. The demand for soybean oil in biofuel production surged due to supportive policies like the Renewable Fuel Standard and rising crude oil prices, creating a lucrative market for soybean producers. However, subsequent drops in fertilizer and crude oil prices, paired with record-high soybean production, have sharply dropped soybean prices, bringing revenue and profit down with them as farmers struggle to balance costs with lower incomes. Industry has shrunk a compound annual growth rate (CAGR) of 2.6%, with a decrease of 8.7% in 2025, reaching an estimated $44.2 billion. US soybean exports are facing mounting challenges due to competitive pressures abroad and quickly evolving trade policy. Brazil’s increased production and improved export infrastructure have strengthened its position as a major supplier, particularly to China, which is reducing its reliance on US soybeans. This shift threatens US exports and compels American farmers to reassess their strategies, focusing on market diversification and emphasizing quality and sustainability to remain competitive. Rising geopolitical tensions and newly imposed tariffs, such as those affecting key markets like the EU, Canada and China, have further complicated trade, impacting US farmers' access and pricing power in these vital markets. Through the end of 2025, soybean prices are initially projected to decline due to increased production and growing global supplies. However, as climate change impacts crop yields through extreme weather and pest challenges and supplies become limited prices will be pushed upward alongside rising global demand. Subsidies will continue to play a vital role in supporting farmer incomes amids these fluctuations, providing some stability to an otherwise highly volatile industry. However, the industry faces significant uncertainty due to the ongoing USDA funding freeze is creating significant uncertainty, particularly where government support and subsidies are concerned. This freeze is affecting a wide range of agricultural programs including conservation efforts, market development, research and technical assistance. Over the next five years, the industry is expected to grow at a CAGR of 1.3%, with revenues reaching $47.1 billion by the end of 2030.

This data includes historical volumes of U.S. grains inspected for export from major U.S. port regions and countries of destination. Information Contained In This Data Reflects Exported Grain Inspected And Weighed Through The Authority Under The U.S. Grain Standards Act.

Discover the potential effects of China's new tariffs on US soybean exports, as shipments race against the clock to reach their destination before the additional duties are enforced.

Graph and download economic data for Export Price Index (End Use): Soybeans and Other Oil Seeds and Food Oils (IQ001) from Dec 1984 to May 2025 about end use, oil, exports, price index, indexes, price, and USA.

U.S. soybean exports could fall by 20% amid ongoing trade tensions with China, affecting prices and market dynamics.

Quarterly costs of shipping a metric ton (mt) of soybeans per 100 miles by truck of 33 routes in 12 states, representing about 83 percent of Brazilian soybean production. This is table 7 of the Brazil Soybean Transportation report.

Forecast: Soybean Export in the US 2023 - 2027 Discover more data with ReportLinker!

US agricultural exports are under pressure from global trade tensions, experiencing potential cancellations and volatility as major markets respond to geopolitical shifts.

This dataset provides quarterly truck rates for select Brazilian soybean-export routes (designated by origin and destination).

This dataset is also used to calculate a weighted-average truck rate, which can be viewed here: https://agtransport.usda.gov/d/i4ty-m7hq. A share associated with each row is used to define the weight of a given route's freight price in the composition of the weighted freight index. This calculation is made based on the quantity of production in the route's mesoregion as that quantity relates to the total produced by all mesoregions considered in the project. In 2020, the selected mesoregions represented about 81 percent of national production, so the shares will not sum to one.

In 2023, exports of soybean from Brazil reached nearly *** million metric tons, an increase of ** percent when compared to the previous year. This is also the highest figure reported in the decade. In turn, Brazilian soybean exports were valued at approximately **** billion U.S. dollars that year. An undisputed market leader As Brazil’s annual soybean exports nearly tripled in one decade, the South American country went on to become the largest exporter of this oilseed in the world. This result is mostly associated with an increasing demand from China, the leading destination for Brazilian soybean exports. Meanwhile, global soybean meal and soybean oil exports are dominated by Brazil’s southern neighbor, Argentina. Nevertheless, the Portuguese-speaking country ranks second worldwide. Domestic soybean demand also on a rise Parallel to a growth in international demand for this commodity, the domestic consumption of soybean in Brazil has also seen a continual rise in the past decade, estimated at more than **** million metric tons in 2022/23. In the industrial sector, this oilseed is mainly associated with the biofuels segment. In 2022, more than **** million cubic meters of soybean oil were used for biodiesel diesel production in Brazil, making it the leading raw material used for this purpose.

Compares monthly truck rates from western center Paraná, north Mato Grosso, southwest Mato Grosso do Sul, and South Goiás to the port of Santos and Paranaguá. This is figure 3 of the Brazil Soybean Transportation report.

Forecast: Soybean Oil Export Volume in the US 2022 - 2026 Discover more data with ReportLinker!

The data shows the transportation cost of shipping soybeans from select U.S. and Brazil origins to China

U.S. farmers are concerned that the recent tariff pause with China may not boost soy sales, as Brazil maintains a competitive edge and some tariffs remain.

United States Long Term Projections: Soybean Meal: Exports data was reported at 17,000.000 Short Ton th in 2034. This records a decrease from the previous number of 17,100.000 Short Ton th for 2033. United States Long Term Projections: Soybean Meal: Exports data is updated yearly, averaging 17,400.000 Short Ton th from Dec 2022 (Median) to 2034, with 13 observations. The data reached an all-time high of 17,900.000 Short Ton th in 2026 and a record low of 14,550.000 Short Ton th in 2022. United States Long Term Projections: Soybean Meal: Exports data remains active status in CEIC and is reported by U.S. Department of Agriculture. The data is categorized under Global Database’s United States – Table US.RI010: Agricultural Projections: Soybeans and Products.

The export value of soybeans from Latin America and the Caribbean amounted to ***** billion U.S. dollars in 2023, up by nine percent compared to the previous year. That same year, the balance of trade (BoT) for soybean in Latin America and the Caribbean was of ***** billion U.S. dollars

United States Exports of soybeans, whether or not broken to South Africa was US$43.81 Million during 2024, according to the United Nations COMTRADE database on international trade. United States Exports of soybeans, whether or not broken to South Africa - data, historical chart and statistics - was last updated on June of 2025.

United States Long Term Projections: Soybean Oil: Exports data was reported at 2,250.000 lb mn in 2034. This records an increase from the previous number of 2,050.000 lb mn for 2033. United States Long Term Projections: Soybean Oil: Exports data is updated yearly, averaging 1,300.000 lb mn from Dec 2022 (Median) to 2034, with 13 observations. The data reached an all-time high of 2,250.000 lb mn in 2034 and a record low of 370.000 lb mn in 2022. United States Long Term Projections: Soybean Oil: Exports data remains active status in CEIC and is reported by U.S. Department of Agriculture. The data is categorized under Global Database’s United States – Table US.RI010: Agricultural Projections: Soybeans and Products.