Commodity | Reporter | Partner | Trade flow | Indicator | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
1201. Soya beans, whether or not broken | USA | China | Exports | Value (US$) | 14,877,640,522.00 | 13,299,889,518.00 | 14,476,314,262.00 | 10,523,096,916.00 | 14,202,621,446.00 | 12,224,802,399.00 | 3,119,336,276.00 | 7,988,877,001.00 | 14,202,646,345.00 | 14,102,154,082.00 | 17,871,585,339.00 | 15,163,713,089.00 |
Value Growth, YoY (%) | 41.58 | -10.60 | 8.84 | -27.30 | 34.96 | -13.92 | -74.48 | 156.10 | 77.78 | -0.70 | 26.72 | -15.15 |
The value of exports of commodity group 1201 "Soya beans, whether or not broken" from USA to China totalled $ 15.1 billion in 2023. Sales of commodity group 1201 from USA to China declined by 15.1% compared to 2022.exports of commodity group 1201 "Soya beans, whether or not broken" decreased by $ 2.7 billion (exports of commodity group 1201 from USA to China were equal to $17.8 billion in 2022)
Exports of "Soya beans, whether or not broken" from USA to China accounted for 10.2% of the total merchandise exports in 2023 (total sales of goods from USA to China were equal to $ 147 billion in 2023). The share of commodity group 1201 in overall exports from USA to China went down by 1.35 p.p. compared to 2022 (it was 11.6% in 2022 and cumulative exports from USA to China were equal to $ 153 billion).
Exports of commodity group 1201 accounted for 95% of total sales of commodity group "" from USA to China in 2023 (cumulative exports of commodity group from USA to China were equal to $15.8 billion in 2023). The share of exports of commodity group 1201 in sales of commodity group from USA to China went up by 1 p.p. compared to 2022 (it was 94% in 2022, and exports of commodity group from USA to China were $18.8 billion).
The share of China in total exports of commodity group 1201 "Soya beans, whether or not broken" from USA was 54 percent (15.1 billion USD) in 2023 of 28 billion USD - the value of overall merchandise exports of commodity group 1201 from USA in 2023. The share of China in exports of commodity group 1201 "Soya beans, whether or not broken" from USA grew up by 2.32 p.p. in value terms compared to 2022 (it was 51 percent in 2022, and overall exports of commodity group 1201 "Soya beans, whether or not broken" from USA amounted to 34 billion USD).