2022
Exports | Imports
$34.6B | $438MWorld Rnk 2 / 139
Flag Rnk 10 / 1217
World Rnk 24 / 200
Flag Rnk 576 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.41Rnk 10 / 124
2022
PRODUCT COMPLEXITY IN Soybeans
-1.62Rnk 957 / 1025

About

Exports In 2022, United States exported $34.6B in Soybeans, making it the 2nd largest exporter of Soybeans in the world. At the same year, Soybeans was the 10th most exported product in United States. The main destination of Soybeans exports from United States are: China ($18B), Mexico ($3.64B), Egypt ($1.97B), Japan ($1.82B), and Germany ($1.4B).

The fastest growing export markets for Soybeans of United States between 2021 and 2022 were China ($3.69B), Mexico ($969M), and Germany ($625M).

Imports In 2022, United States imported $438M in Soybeans, becoming the 24th largest importer of Soybeans in the world. At the same year, Soybeans was the 576th most imported product in United States. United States imports Soybeans primarily from: Canada ($129M), Argentina ($108M), Turkey ($71.8M), Togo ($42.4M), and Russia ($31.3M).

The fastest growing import markets in Soybeans for United States between 2021 and 2022 were Argentina ($42.2M), Togo ($38.1M), and Turkey ($28M).

COMPANIES In 2023, leading companies such as PIRELLI TIRE LLC (24), WALONG MARKETING INC. (21), and CELEBRITY CRUISES INC. (2) were at the forefront of shipping Soybeans to the United States.

Latest Trends

December 2023

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2022 - December 2023)$-2.38B(-47.8%)
IMPORT GROWTH (December 2022 - December 2023)$-25.6M(-67.9%)
MAIN EXPORTER (December 2023)
MAIN DESTINATION (December 2023)China$993M

This section shows Soybeans's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Soybeans over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$34.6B
IMPORTS (2022)$438M
NET TRADE (2022)$34.1B

In 2022, United States exported $34.6B in Soybeans. The main destinations of United States exports on Soybeans were China ($18B), Mexico ($3.64B), Egypt ($1.97B), Japan ($1.82B), and Germany ($1.4B).

In 2022, United States imported $438M in Soybeans, mainly from Canada ($129M), Argentina ($108M), Turkey ($71.8M), Togo ($42.4M), and Russia ($31.3M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybeans EXPORT MARKETS FOR United States WERE (2021 - 2022):
China$3.69B (25.9%)
Mexico$969M (36.3%)
Germany$625M (80.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybeans BY United States WERE (2021 - 2022):
Thailand-$236M (-47.8%)
Bangladesh-$125M (-26.3%)
Netherlands-$113M (-21.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Soybeans were:
In 2022, United States's main importing competitors in Soybeans were:
China $54.1B
Mexico $4.08B
Japan $2.47B

Explore Visualizations

Trade Value of Soybeans by Exporters

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with