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Soybeans: import volume worldwide 2019/20, by country

Published by M. Shahbandeh, May 19, 2020
Soybean is among the major oilseed and protein meal products. In the 2019/2020 period, around 153.31 million metric tons of soybeans were imported globally. China was by far the leading importer of soybeans, with an annual import volume of 92 million metric tons in that year.

Global overview

Soybeans are grown as a food crop in Eastern Asia and are produced in Western agriculture as a source of both oil and protein. Although the United States and Brazil are the main producers of soybeans, China leads the soybean oil production worldwide. br>
Soybean market in the US

Annual soybean production in the United States has increased to over 4 billion bushels in the past few years. Illinois topped the list of major soybean producing U.S. states in 2018, with over 698 million bushels produced that year.

Import volume of soybeans worldwide in 2019/20, by country (in million metric tons)

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© Statista 2020

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Release date

May 2020

Region

Worldwide

Survey time period

2019/20

Supplementary notes

Figures were rounded to provide a better understanding of the statistic.

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