Global Soybean Oil Production Share by Country (Thousand Metric Tons)

China leads global soybean oil production with a significant share of 28.36 thousand metric tons, followed by the United States and Brazil at 19.79 and 17.33 thousand metric tons, respectively. Argentina and India also have notable shares, contributing 11 and 2.76 thousand metric tons. The top five producers collectively dominate the market, leaving smaller shares for countries like Mexico, Russia, and a variety of smaller producers contributing less than 2% each.

Year-on-year variations show Brazil and Russia significantly increasing their production by 5.58% and 4.69%, while Argentina and India experienced declines of -3.26% and -0.21%. Noteworthy growth can be seen in smaller markets such as Algeria (103.62%) and Ethiopia (39.77%). Venezuela and Lebanon saw slight decreases of -2.09% and -12.94%, respectively. Other countries, including Vietnam, Zambia, and Belarus, observed significant positive changes in production.

Future trends to watch include the potential for expansion in emerging markets and significant producers consolidating their market positions. Environmental and sustainability initiatives may also shape production methods and distribution channels. Innovations in agricultural technology and geopolitical shifts could impact production volumes and global trade patterns for soybean oil.