Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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USA | Imports and Exports | World | Soya beans (soybeans) | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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The value of exports of commodity group 1201 "Soya beans, whether or not broken" from USA totalled $ 28 billion in 2023. Sales of commodity group 1201 from USA decreased by 18.7% in value terms compared to 2022. exports of commodity group 1201 "Soya beans, whether or not broken" decreased by $ 6.48 billion (cumulative exports of commodity group 1201 from USA amounted $34 billion in 2022)

Exports of commodity group 1201 "Soya beans, whether or not broken" amounted to 1.38% of total exports from USA (cumulative merchandise exports from USA totalled $ 2.01 trillion in 2023). The share of commodity group 1201 in total exports from USA decreased by 0.285 p.p. compared to 2022 (it was 1.67% in 2022 and cumulative exports from USA were equal to $ 2.06 trillion).

Exports of commodity group 1201 amounted to 82% of total sales of group "" from USA in 2023 (the value of exports of commodity group from USA amounted to $33 billion in 2023). The share of exports of commodity group 1201 in sales of commodity group from USA lowered by 3.2 p.p. compared to 2022 (it was 85% in 2022, and exports of commodity group from USA were $40 billion).

Where does USA export Soya beans, whether or not broken?

Top export destinations of "Soya beans, whether or not broken" from USA in 2023:

  • China with a share of 54% (15.1 billion US$)
  • Mexico with a share of 9.93% (2.78 billion US$)
  • Germany with a share of 6.01% (1.68 billion US$)
  • Japan with a share of 4.86% (1.36 billion US$)
  • Indonesia with a share of 4.45% (1.24 billion US$)
  • Italy with a share of 3.62% (1.01 billion US$)
  • Other Asia, nes with a share of 2.17% (609 million US$)
  • Egypt with a share of 1.7% (476 million US$)
  • Spain with a share of 1.52% (426 million US$)
  • Netherlands with a share of 1.51% (425 million US$)

Exports structure of 1201 - Soya beans, whether or not broken - from USA in 2023 represented by the following main commodity groups:

The value of imports of commodity group 1201 "Soya beans, whether or not broken" to USA totalled $ 523 million in 2023. Sales of commodity group 1201 to USA went up by 0.968% compared to 2022: imports of commodity group 1201 "Soya beans, whether or not broken" went up by $ 5.02 million (the value of imports of commodity group 1201 to USA was equal to $518 million in 2022)

Imports of commodity group 1201 "Soya beans, whether or not broken" accounted for 0.016% of total import flow to USA (in 2023, total imports to USA amounted to $ 3.16 trillion). The share of commodity group 1201 in total imports to USA increased by 0.001 p.p. compared to 2022 (it was 0.015% in 2022 and cumulative imports to USA were equal to $ 3.37 trillion).

Imports of commodity group 1201 reached 16.4% of total imports of group "" to USA in 2023 (imports of commodity group to USA totalled $3.18 billion in 2023). The share of purchases of commodity group 1201 in total imports of commodity group to USA increased by 1.67 p.p. compared to 2022 (it was 14.7% in 2022, and imports of commodity group to USA accounted for $3.51 billion).

Where does USA import Soya beans, whether or not broken from?

Top trading partners (import of "Soya beans, whether or not broken") of USA in 2023:

  • Brazil with a share of 42% (219 million US$)
  • Canada with a share of 14.8% (77 million US$)
  • Argentina with a share of 14.4% (75 million US$)
  • Turkey with a share of 6.97% (36 million US$)
  • Ghana with a share of 5.94% (31 million US$)
  • Togo with a share of 4.62% (24 million US$)
  • Russia with a share of 3.91% (20 million US$)
  • Chile with a share of 3.65% (19.1 million US$)
  • Uruguay - 5.21 million US$
  • Ukraine - 4.65 million US$

Imports structure of 1201 - Soya beans, whether or not broken - to USA in 2023 represented by the following main commodity groups:

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USA | Imports and Exports | World | Soya beans (soybeans) | Value (US$) and Value Growth, YoY (%) | 2012 - 2023