U.S. Soybeans Exports in 2023

Total Export Value
$27.72 Billion
Total Volume (Millions)
48.25 Metric Tons
3-Year Average
$29.83 Billion
Compound Average Growth
1.5% (2014-2023)
Market Total Value (USD)
China $15.06 Billion
European Union $3.45 Billion
Mexico $2.79 Billion
Japan $1.37 Billion
Indonesia $1.25 Billion
Taiwan $622.07 Million
Egypt $477.85 Million
Vietnam $410.75 Million
South Korea $320.1 Million
Bangladesh $302.95 Million
Top 10 Soybeans Export Markets 2014 - 2023
Annual Soybeans Exports 2014 - 2023

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Data and Analysis

Attaché Report (GAIN)

Uruguay: Oilseeds and Products Annual

Post forecasts Uruguay’s marketing year (MY) 2024/25 soybean up to 3.4 million metric tons (MMT) on increased soy acreage planting, driven by increased acreage in second or late crop soy due to producers fears of another dry year of La Niña weather pattern and potential disease threat to corn, preferring soy over corn.
Attaché Report (GAIN)

Burma: Soybean Utilization in Burma

This report provides an overview of soybean production and consumption, as well as opportunities for soybean exporters, in Burma. Domestic production supplies most of food and edible oil demand. Imports of soybean meal represent the bulk of soybean use for feed.
World Production, Markets, and Trade Report

Oilseeds: World Markets and Trade

This monthly report includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in oilseeds.

News and Features

Export Sales Announcement

CORRECTION: Export Sales to Mexico and Unknown Destinations

Private exporters reported the following sales activity: 216,500 MT of corn to Mexico - 23,000 MT in MY 2023/2024 and 193,500 MT in MY 2024/2025 - and 121,500 MT of soybeans to Mexico - 13,500 MT in MY 2023/2024 and 108,000 MT in MY 2024/2025. Test URL: https://www.freshproduce.com/events/the-global-produce-and-floral-show/
Export Sales Announcement

Export Sales to Unknown Destinations

Private exporters reported sales of 124,000 MT of soybeans for delivery to unknown destinations during MY 2023/2024.
Export Sales Announcement

Export Sales to Unknown Destinations

Private exporters reported sales of 254,000 MT of soybeans for delivery to unknown destinations during MY 2024/2025.