As of 2023, Brazil leads global soybean exports with 99.85 million metric tons, followed by the United States at 61.37 million metric tons, showcasing their dominance in the market. Argentina, with 9.16 million metric tons, remains a significant player, while Canada and Ukraine contribute moderately. Smaller exporters include Russia, India, and China. The last two years showed nil variations, maintaining steady export levels. The overall Compound Annual Growth Rate (CAGR) in the last five years has been stable, reflecting consistent global export demand.
Future trends to watch include:
- Potential growth in Brazilian and U.S. exports influenced by market demand.
- Evolving trade relations and policies impacting expansion opportunities in non-traditional markets.
- Technological and agricultural advancements enhancing yield efficiency and export capacity.
- Environmental and sustainability concerns possibly reshaping export strategies and practices.
Top countries in Soybean Export, Forecast 2021-2030 by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | |
|---|---|---|---|---|
| 1 | 1 Brazil | 99,850 | 2030 | View data |
| 2 | 2 United States | 61,370 | 2030 | View data |
| 3 | 3 Argentina | 9,160 | 2030 | View data |
| 4 | 4 Canada | 4,290 | 2030 | View data |
| 5 | 5 Ukraine | 2,600 | 2030 | View data |
| 6 | 6 Russia | 790 | 2030 | View data |
| 7 | 7 India | 176.1 | 2030 | View data |
| 8 | 8 China | 103 | 2030 | View data |
| 9 | 9 Malaysia | 20.2 | 2030 | View data |
| 10 | 10 South Africa | 5.5 | 2030 | View data |
