Soybean

Soybean

HS Code: 1201 - Soya beans, whether or not broken
|
FAO Code: 0236 - Soya beans
Market:
Top Exporter
2023
Top Importer
2023
Top Producer
2023
Export Value
2023
92.73BUSD
1Y -0.62%
Import Value
2023
90.53BUSD
1Y -6.52%
Production Volume
2023
529.92BKG
1Y -17.41%

Production of Soybean

Discover production data of Soybean. Get production volume, price data, trends, and more. The information below is based on the FAO code 0236 (Soya beans).

Related Market Brief Curations

Discover curated market data on production for Soybean.

Production Trends Overview of Top 10 Countries

In 2023, Brazil was the largest producer of Soybean, followed by United States, Argentina, China, India, Paraguay, Canada, Russia, Ukraine, Bolivia. This ranking is based on available production data and may exclude countries with missing records.
Rank 1
152.1B kg
1y
+25.44%
3y
+24.89%
5y
+29.03%
113.3B kg
1y
-2.48%
3y
-1.22%
5y
-5.95%
Rank 3
25.0B kg
1y
-42.90%
3y
-48.66%
5y
-33.72%
Rank 4
19.5B kg
1y
-3.91%
3y
-0.55%
5y
+22.07%
Rank 5
15.0B kg
1y
+15.39%
3y
+33.49%
5y
+37.06%
Rank 6
10.2B kg
1y
+95.36%
3y
-7.51%
5y
-7.69%
Rank 7
7.0B kg
1y
+6.68%
3y
+9.78%
5y
-5.88%
Rank 8
6.6B kg
1y
+9.94%
3y
+53.22%
5y
+63.90%
Rank 9
4.7B kg
1y
+37.71%
3y
+69.52%
5y
+6.32%
Rank 10
3.7B kg
1y
+6.17%
3y
+29.73%
5y
+24.76%

Trends of Top 10 Producers

This is the production trends of the top 10 producers of Soybean from 2009 to 2023.
CountryProduction %Production Volume
200920102011201220132014201520162017201820192020202120222023
1Global434.41B515.30B508.91B466.07B541.27B599.12B573.25B596.19B532.50B637.48B596.54B644.02B678.32B641.59B529.92B
2Brazil40.99%57.35B68.76B74.82B65.85B81.72B86.76B97.46B96.39B114.73B117.91B114.32B121.82B134.80B121.29B152.14B
3United States30.54%91.47B90.66B84.29B82.79B91.39B106.88B106.95B116.93B120.06B120.51B96.67B114.75B121.50B116.22B113.34B
4Argentina6.75%30.99B52.68B48.89B40.10B49.31B53.40B61.45B58.80B54.97B37.79B55.26B48.78B46.22B43.86B25.04B
5China5.25%14.98B15.08B14.49B13.01B11.95B12.15B11.79B12.79B15.28B15.97B18.10B19.60B16.40B20.28B19.49B
6India4.04%9.96B12.74B12.21B14.67B11.86B10.37B8.57B13.16B13.16B10.93B13.27B11.23B12.61B12.99B14.98B
7Paraguay2.75%3.86B7.46B8.31B4.34B9.09B9.98B8.86B9.16B10.48B11.05B8.52B11.02B10.54B5.22B10.20B
8Canada1.88%3.58B4.44B4.47B5.09B5.36B6.04B6.46B6.60B7.72B7.42B6.15B6.36B6.22B6.54B6.98B
9Russia1.78%943.66M1.22B1.64B1.68B1.52B2.36B2.71B3.14B3.62B4.03B4.36B4.31B4.76B6.00B6.60B
10Ukraine1.28%1.04B1.68B2.26B2.41B2.77B3.88B3.93B4.28B3.90B4.46B3.70B2.80B3.49B3.44B4.74B

Shares of Top 10 Producers

Discover the production share of top Soybean producing countries in 2023.
Brazil held the largest share of Soybean production quantity at 40.99%. Its production quantity increased by 25.44% between 2022 and 2023, reaching 152.14B.
Note: Share percentages are calculated based on countries with reported production data and may not include those without available records.
Rank
Country
Share in Production
2023
Production Quantity
2023
1-Year Growth in Qty
2022-2023
3-Year Growth in Qty
2020-2023
5-Year Growth in Qty
2018-2023
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