In May, Russia exported soybeans worth $4.9 million to the US, the first time since February 2024, when US purchases were valued at $6.3 million.
In May, the US imported soybeans totaling $35.35 million from abroad. Imports from Canada were the highest, reaching $15.6 million; the top five import sources also included Ukraine ($12.5 million), Russia, Uruguay ($1.2 million), and Chile ($763,000).
The US is also a major soybean exporter, exporting $699.5 million worth of soybeans in May, with the main buyers being Mexico ($129.1 million), Indonesia ($108.8 million), and Egypt ($104.1 million).