The global soybean import market displays a heavy concentration in China, standing at 115.78 million metric tons in 2023, dominating all other countries. Mexico follows distantly at 6.77 million metric tons. Minor players include Egypt, Argentina, and Thailand, with imports ranging between 4-5 million metric tons. Countries like Japan, Indonesia, and Taiwan show moderate imports, while the U.S., India, and Brazil have negligible imports despite being major producers.
Future trends indicate China's demand will continue to soar due to its vast population and growing meat production industry. Developing nations like Vietnam, Pakistan, and Mexico could experience significant growth driven by increasing protein demand. Watch for potential disruptions in global supply chains due to geopolitical influences.
Top countries in Soybean Import, Forecast 2021-2030 by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | |
|---|---|---|---|---|
| 1 | 1 China | 115,780 | 2030 | View data |
| 2 | 2 Mexico | 6,770 | 2030 | View data |
| 3 | 3 Egypt | 4,670 | 2030 | View data |
| 4 | 4 Argentina | 4,660 | 2030 | View data |
| 5 | 5 Thailand | 4,210 | 2030 | View data |
| 6 | 6 Japan | 3,510 | 2030 | View data |
| 7 | 7 Indonesia | 3,170 | 2030 | View data |
| 8 | 8 Taiwan | 3,130 | 2030 | View data |
| 9 | 9 Pakistan | 3,030 | 2030 | View data |
| 10 | 10 Iran | 2,240 | 2030 | View data |
