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Soybean Meal

Soybean Meal

HS Code: 120810 - Flours and meals; of soya beans
Market:
Top Exporter
2023
US flag
United States
Top Importer
2023
DO flag
Dominican Republic
Export Value
2023
2.22BUSD
1Y +58.69%
Import Value
2023
481.57MUSD
1Y -9.56%
Overview
Suppliers
Insights
Price Data
Export Data
Import Data
Production Data
Seasonality Data

Export of Soybean Meal

Discover export data of Soybean Meal. Get export value, price data, trends, and more. The information below is based on the HS code120810 (Flours and meals; of soya beans).

Related Market Brief Curations

Discover curated market data on exports for Soybean Meal.
Curation
November, 2025
Export market for Soy Protein Concentrate in United States
330 export price data
US flag
Curation
November, 2025
Export market for Soy Protein Concentrate in China
451 export price data
CN flag
Curation
August, 2025
Export market for Soy Protein Concentrate in Netherlands
0 export price data
NL flag
Curation
November, 2025
Export market for Soy Protein Concentrate in India
210 export price data
IN flag
Curation
July, 2025
Export market for Soy Protein Concentrate in Canada
0 export price data
CA flag
Curation
September, 2025
Export market for Soy Protein Concentrate in Brazil
254 export price data
BR flag

Export Trends Overview of Top 10 Countries in 2023

In 2023, United States was the top exporting country of Soybean Meal, followed by Italy, Nigeria, South Africa, Bolivia, Tanzania, Ethiopia, Serbia, Austria, Netherlands. This ranking is based on available export data and may not include countries with missing records.
US flag
United States
Rank 1
$1.7B
1y
+53.36%
3y
+52.98%
5y
+52.14%
IT flag
Italy
Rank 2
$126.0M
1y
+4.49%
3y
+115.43%
5y
+85.52%
NG flag
Nigeria
Rank 3
$114.7M
1y
+63275.58%
3y
+9051.33%
5y
+3025.74%
ZA flag
South Africa
Rank 4
$91.8M
1y
+2129.19%
3y
+3680.76%
5y
+2912.31%
BO flag
Bolivia
Rank 5
$39.6M
1y
-18.32%
3y
+54.54%
5y
+100.61%
TZ flag
Tanzania
Rank 6
$32.1M
1y
+1868.23%
3y
+2951.11%
5y
+19711.47%
ET flag
Ethiopia
Rank 7
$27.4M
1y
+16.50%
3y
+493.24%
5y
+10012.84%
RS flag
Serbia
Rank 8
$21.6M
1y
-22.56%
3y
+24.17%
5y
+48.53%
AT flag
Austria
Rank 9
$21.0M
1y
+22.71%
3y
+56.43%
5y
+42.94%
NL flag
Netherlands
Rank 10
$12.4M
1y
+40.92%
3y
+41.29%
5y
-64.29%

Notable export transactions in 2024

View notable export transactions of Soybean Meal globally.
Rank
Rank
Company name
Company name
Export value
Export value
Export volume
Export volume
Unit price
Unit price
Origin country
Origin country
Destination country
Destination country
1
Company name
$ 499,811
00000 kg
$ 00000 /kg
Ethiopia
Country name
2
Company name
$ 499,168
00000 kg
$ 00000 /kg
Ethiopia
Country name
3
Company name
$ 380,783
00000 kg
$ 00000 /kg
Ethiopia
Country name
4
Company name
$ 380,783
00000 kg
$ 00000 /kg
Ethiopia
Country name
5
Company name
$ 379,456
00000 kg
$ 00000 /kg
Ethiopia
Country name

Unlock complete export data for Soybean Meal

Gain full access to detailed export prices, top exporters, and market insights to make data-driven decisions.

Trends of Top 10 Exporters

This is the export trends of the top 10 exporters of Soybean Meal from 2017 to 2023.
Country
Export %
Export Value
22/07
22/08
22/09
22/10
22/11
22/12
23/01
23/02
23/03
23/04
23/05
23/06
23/07
23/08
23/09
23/10
23/11
23/12
24/01
24/02
24/03
24/04
24/05
24/06
24/07
24/08
24/09
24/10
24/11
24/12
25/01
25/02
1Global$102.74M$85.88M$129.82M$122.90M$154.99M$142.29M$228.98M$141.36M$165.39M$191.66M$169.40M$195.76M$114.51M$184.26M$141.88M$217.70M$175.44M$232.19M$189.53M$179.18M$249.13M$144.43M$146.12M$133.09M$121.75M$76.58M$104.67M$87.15M$114.17M$84.29M--
2United States74.7%$80.71M$56.19M$104.11M$96.70M$125.34M$116.98M$209.41M$115.73M$137.75M$152.76M$127.10M$148.52M$60.65M$134.10M$109.11M$150.32M$128.85M$180.56M$144.26M$138.59M$135.13M$126.53M$125.70M$111.81M$101.28M$60.56M$88.75M$82.69M$113.70M$84.14M--
3Italy5.69%$7.65M$12.77M$13.46M$12.08M$15.73M$11.97M$11.80M$11.75M$14.16M$10.56M$9.74M$9.10M$8.47M$9.62M$5.30M$10.56M$15.06M$9.88M$11.05M$7.20M$9.29M$8.26M$8.27M$9.35M$9.83M$7.15M$8.37M-----
4Nigeria5.18%------$55.75K-$216.76K$18.74M$11.87M$15.53M$7.29M$6.91M$6.81M$3.90M$9.10M$29.87M$22.46M$22.37M$95.22M-----------
5South Africa4.14%$208.09K$303.00K$166.55K$313.73K$432.28K$332.90K$150.67K$143.57K$168.49K$67.50K$329.12K$241.24K$19.95M$20.45M$7.04M$41.28M$216.54K$205.78K$290.82K$166.21K$171.88K$37.03K$279.65K$242.13K$452.66K$269.66K$983.77K$1.35M----
6Bolivia1.79%$5.55M$4.84M$4.49M$4.09M$2.87M$5.10M$352.69K$2.01M$3.77M$1.77M$3.01M$3.24M$3.46M$4.36M$4.23M$4.01M$4.72M$4.61M$4.33M$3.44M$3.52M$3.77M$5.62M$4.69M$3.38M$3.75M------
7Tanzania1.45%$946.01K$491.91K$16.76K$9.08K--$26.00K$846.64K$1.16M$721.05K$7.54M$10.20M$7.50M$2.80M$480.00K$225.42K$448.00K$98.80K--------------
8Ethiopia1.24%--------------------------------
9Serbia0.98%$2.80M$2.88M$1.66M$1.59M$1.78M$1.50M$1.72M$2.18M$2.02M$1.35M$1.67M$1.75M$1.82M$1.88M$1.86M$1.79M$1.89M$1.70M$1.80M$2.27M$2.14M$1.89M$1.90M$1.83M$2.04M$1.87M$1.85M-----
10Austria0.95%$1.37M$1.42M$1.79M$1.14M$1.56M$1.21M--------------------------

Top Export Flows

Discover the top export flows of Soybean Meal in 2023. The top export flow in 2023 was from United States to Philippines, with an export value of USD 1.13B.
Trade Flow
Export Value
2023, USD
1-Year Growth in Export Value
2022-2023
3-Year Growth in Export Value
2020-2023
5-Year Growth in Export Value
2018-2023
United States to Philippines
$1.13B
+63.90%
+46.92%
+113.90%
United States to Vietnam
$139.96M
+6.94%
+349.19%
+26.77%
Italy to Switzerland
$78.42M
+11.85%
+324.59%
+285.73%
United States to Chile
$57.23M
+138.56%
+85958.77%
+1882435.56%
South Africa to India
$54.39M
Nigeria to France
$50.41M
+1448.65%
United States to Canada
$49.45M
+47.68%
+137.86%
+428.22%
United States to Japan
$46.44M
-41.25%
+37.16%
-24.42%
Bolivia to Peru
$38.33M
-17.30%
+58.28%
+111.05%
South Africa to Pakistan
$34.92M

Share of Top Exporting Countries

Discover the export share of top Soybean Meal exporting countries in 2023.
United States held the largest share of Soybean Meal export value at 74.70%. Its export value increased by 53.36% between 2022 and 2023, reaching 1.65B.
Note: Share percentages are calculated based on countries with reported export data and may not include those without available records.
Country
Share in Export Value
2023
Export Value
2023, USD
1-Year Growth in Export Value
2022-2023
3-Year Growth in Export Value
2020-2023
5-Year Growth in Export Value
2018-2023
United States
74.70%
$1.65B
+53.36%
+52.98%
+52.14%
Italy
5.69%
$126.02M
+4.49%
+115.43%
+85.52%
Nigeria
5.18%
$114.68M
+63275.58%
+9051.33%
+3025.74%
South Africa
4.14%
$91.81M
+2129.19%
+3680.76%
+2912.31%
Bolivia
1.79%
$39.55M
-18.32%
+54.54%
+100.61%
Tanzania
1.45%
$32.06M
+1868.23%
+2951.11%
+19711.47%
Ethiopia
1.24%
$27.43M
+16.50%
+493.24%
+10012.84%
Serbia
0.98%
$21.63M
-22.56%
+24.17%
+48.53%
Austria
0.95%
$20.99M
+22.71%
+56.43%
+42.94%
Netherlands
0.56%
$12.37M
+40.92%
+41.29%
-64.29%

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Other Grain Husks
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Other products in By-product

Vegetable Protein
Coconut Charcoal
Chicken Meal
Soybean Oil Cake
Other Grain Bran
Other Grain Husks
Maize(Corn) Bran
Peanut Meal
Mustard Oil Cake
Rice Husk
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