How much soybeans do Argentina produce and export?
Argentina is the 3rd largest producer of soybeans: 48.2 million tonnes in 2024, 12% of the world's 397.7 million tonnes (FAOSTAT). It is the nullth largest exporter by value: $2.1 billion in 2024, 2.6% of world exports of soybeans (HS 1201) (CEPII BACI). Its biggest customer is China, which takes 88% of its soybeans exports by value.
All about soybeans · All about Argentina · Soybeans price history
Argentina's soybeans production
| World rank | Production (tonnes) | Share of world | Ten-year growth | Year |
|---|---|---|---|---|
| 3 | 48.2 million tonnes | 12% | -1% a year | 2024 |
FAOSTAT Crops and livestock products (QCL), 2024. World total is the sum of reporting countries.
Share of world output over time
| 1990 | 2000 | 2010 | 2020 | 2024 |
|---|---|---|---|---|
| 9.9% | 12% | 20% | 14% | 12% |
Argentina's soybeans exports
| World rank | Export value | Share of world exports | Quantity (tonnes) | Average value per tonne | Year |
|---|---|---|---|---|---|
| $2.1 billion | 2.6% | 4.5 million t | $459 | 2024 |
CEPII BACI international trade database (HS22, V202601), HS 1201 (Soya beans).
Where Argentina's soybeans goes
| Destination | Value | Share of Argentina's exports |
|---|---|---|
| China | $1.8B | 88% |
| United States | $72M | 3.5% |
| Chile | $35M | 1.7% |
| Saudi Arabia | $28M | 1.4% |
| Turkey (Türkiye) | $26M | 1.3% |
Argentina as a buyer of soybeans
Argentina imported $2.9 billion of soybeans (HS 1201) in 2024, 3.6% of world imports, ranked #3. Of its $2.9 billion of soybeans imports in 2024, 94% came from Paraguay and 3% from Brazil, among 11 suppliers. Largest sources: Paraguay (94%), Brazil (3.1%), Uruguay (2%), Bolivia (0.7%), United States (0.2%).
How much soybeans Argentina uses
Argentina's domestic supply of soybeans was 37.1 million tonnes in 2023, 9.8% of the world's. Food supply was 0.0 kg per person a year, 125th highest of 141 countries with a million or more people. It produced 75% of what it used (self-sufficiency) and imported 31%. FAO's item is "Soyabeans". Consumption · Self-sufficiency.
The soybeans price Argentina sells into
The benchmark price, US, CIF Rotterdam, was $524/t in September 2026, up 30% over twelve months. Its five-year volatility is 18% a year, calmer in 61% of its earlier five-year windows. A single country's export price can differ from the benchmark: see trade price against benchmark. Monthly averages lag the market and are not investment advice. Soybeans price history.
Cite as: Commodity Origins, "Argentina soybeans: production, exports and prices", https://commodityorigins.com/countries/ARG/soybeans/ (CC BY 4.0). Rankings count only countries reporting to the sources named; this page is shown only for top-five producers or exporters with at least 3% of the world total. Report an issue with this page.