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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ASEAN | Imports | USA | Soya beans (soybeans) | Value (US$) and Value Growth, YoY (%) | 2013 - 2022

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1201. Soya beans, whether or not brokenASEANUSAImportsValue (US$)1,697,496,396.971,950,084,666.671,806,132,065.251,965,849,416.302,134,259,875.662,243,624,654.982,121,501,829.862,751,636,195.472,452,441,046.13
Value Growth, YoY (%)14.88-7.388.848.56-5.4429.70-10.87

The value of imports of commodity group 1201 "Soya beans, whether or not broken" to ASEAN from USA totalled $ 2.45 billion in 2022. Sales of commodity group 1201 to ASEAN from USA declined by 10.8% compared to 2021.imports of commodity group 1201 "Soya beans, whether or not broken" decreased by $ 299 million (the value of sales of commodity group 1201 to ASEAN from USA was equal to $2.75 billion in 2021)

Imports of commodity group 1201 amounted to 1.88% of total merchandise imports to ASEAN from USA (in 2022, total imports to ASEAN from USA were $ 129 billion). The share of commodity group 1201 in total imports to ASEAN from USA decreased by 0.621 p.p. compared to 2021 (it was 2.51% in 2021 and cumulative imports to ASEAN from USA were equal to $ 109 billion).

Imports of commodity group 1201 accounted for 98% of total imports of group "" to ASEAN from USA in 2022 (in 2022, the value of imports of commodity group to ASEAN from USA was $2.48 billion). The share of purchases of commodity group 1201 in total imports of commodity group to ASEAN from USA went down by 0.167 p.p. compared to 2021 (it was 98% in 2021, and imports of commodity group to ASEAN from USA accounted for $2.78 billion).

The share of USA in total imports of commodity group 1201 "Soya beans, whether or not broken" to ASEAN amounted to 44 percent (2.45 billion USD) in 2022 of 5.52 billion USD - the value of total merchandise imports of commodity group 1201 to ASEAN in 2022. The share of USA in imports of commodity group 1201 "Soya beans, whether or not broken" to ASEAN went down by -5.68 p.p. in value compared to 2021 (it was 50 percent in 2021, and total imports of commodity group 1201 to ASEAN were equal to 5.49 billion USD).

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