As of 2020, Brazil is the top global exporting country of soybean with a 45% share or USD 28.56B in export value. Following are the United States with USD 25.52B (40%), Argentina USD 3.47B (3.7%), Paraguay USD 1.69B (3.4%) and Canada USD 1.58B (3%).
In terms of region, South America dominates with USD 31.71B with Brazil, Argentina and Paraguay on top. The United States is on top in the North America region while Ukraine in Europe. China and Ethiopia dominate the Asia and African regions respectively.