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U.S. Soybeans Exports in 2023
Total Export Value
$27.94 Billion
Total Volume (Millions)
49 Metric Tons
3-Year Average
$29.91 Billion
Compound Average Growth
1.6% (2014-2023)
| Market | Total Value (USD) |
|---|---|
| China | $15.16 Billion |
| European Union | $3.61 Billion |
| Mexico | $2.78 Billion |
| Japan | $1.36 Billion |
| Indonesia | $1.24 Billion |
| Taiwan | $609.22 Million |
| Egypt | $476.55 Million |
| Vietnam | $377.9 Million |
| Bangladesh | $323.29 Million |
| South Korea | $320.36 Million |
- By Market
- By Year
Top 10 Soybeans Export Markets 2014 - 2023
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Global Agricultural Trade System (GATS)
Current and historical data on international trade in agricultural, fish, forest and textile products.
Data and Analysis
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.
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....
Assuming the return of more favorable growing conditions and yields that are in line with historical averages, Turkey is expected to produce more sunflowerseed, cottonseed, and soybeans in MY 2024/25 compared to the previous year, which was marked by dry weather conditions in parts of the country.
News and Features
Private exporters reported sales of 123,000 MT of soybeans for delivery to unknown destinations during MY 2023/2024.
Private exporters reported the following sales activity: 155,000 MT of corn for delivery to Japan during MY 2024/2025 and 228,000 MT of soybean meal for delivery to the Philippines during MY 2023/2024.
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