How much soybeans do United States produce and export?
United States is the 2nd largest producer of soybeans: 118.8 million tonnes in 2024, 30% of the world's 397.7 million tonnes (FAOSTAT). It is the 2nd largest exporter by value: $24.7 billion in 2024, 31% of world exports of soybeans (HS 1201) (CEPII BACI). Its biggest customer is China, which takes 51% of its soybeans exports by value.
All about soybeans · All about United States · Soybeans price history
United States's soybeans production
| World rank | Production (tonnes) | Share of world | Ten-year growth | Year |
|---|---|---|---|---|
| 2 | 118.8 million tonnes | 30% | +1.1% 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 |
|---|---|---|---|---|
| 48% | 47% | 34% | 32% | 30% |
United States's soybeans exports
| World rank | Export value | Share of world exports | Quantity (tonnes) | Average value per tonne | Year |
|---|---|---|---|---|---|
| 2 | $24.7 billion | 31% | 45.7 million t | $539 | 2024 |
CEPII BACI international trade database (HS22, V202601), HS 1201 (Soya beans).
Where United States's soybeans goes
United States as a buyer of soybeans
Of its $380 million of soybeans imports in 2024, 42% came from Canada and 19% from Argentina, among 41 suppliers.
How much soybeans United States uses
United States's domestic supply of soybeans was 67.8 million tonnes in 2023, 18% of the world's. Food supply was 0.0 kg per person a year, 95th highest of 141 countries with a million or more people. It produced 174% of what it used (self-sufficiency) and imported 1%. FAO's item is "Soyabeans". Consumption · Self-sufficiency.
The soybeans price United States 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, "United States soybeans: production, exports and prices", https://commodityorigins.com/countries/USA/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.