Overview This page contains the latest trade data of Soybeans. In 2021, Soybeans were the world's 42nd most traded product, with a total trade of $78.5B. Between 2020 and 2021 the exports of Soybeans grew by 22.4%, from $64.1B to $78.5B. Trade in Soybeans represent 0.37% of total world trade.
Soybeans are a part of Oils seeds, oleaginous fruits, grains, straw & fodder. They include Soya beans.
Exports In 2021 the top exporters of Soybeans were Brazil ($39B), United States ($27.8B), Paraguay ($2.99B), Argentina ($2.53B), and Canada ($2.48B).
Imports In 2021 the top importers of Soybeans were China ($44.2B), Mexico ($3.22B), Argentina ($2.26B), Spain ($2.25B), and Egypt ($2.01B).
Tariffs In 2018 the average tariff for Soybeans was 4.14%, making it the 976th lowest tariff using the HS4 product classification.
Ranking Soybeans ranks 961st in the Product Complexity Index (PCI).
