Overview: This page contains the latest trade data of Soybeans in China.
Exports: In 2018, China exported $123M in Soybeans, making it the 11th largest exporter of Soybeans in the world. At the same year, Soybeans was the 795th most exported product in China. The main destination of Soybeans exports from China are: South Korea ($37.5M), Japan ($23.3M), United States ($9.22M), Netherlands ($8.76M), and Canada ($5.92M).
The fastest growing export markets for Soybeans of China between 2017 and 2018 were Netherlands ($3.26M), Denmark ($3.01M), and Canada ($2.2M).
Imports: In 2018, China imported $33.8B in Soybeans, becoming the 1st largest importer of Soybeans in the world. At the same year, Soybeans was the 7th most imported product in China. China imports Soybeans primarily from: Brazil ($27.3B), United States ($3.34B), Canada ($1.34B), Argentina ($1.31B), and Russia ($244M).
The fastest growing import markets in Soybeans for China between 2017 and 2018 were Brazil ($6.99B), Canada ($565M), and Russia ($104M).
Tariffs: In 2018, the average tariff for China in Soybeans was 1.86%. The countries with the highest import tariffs for Soybeans were Burkina Faso (2.4%), Botswana (2.4%), Cote d'Ivoire (2.4%), Cameroon (2.4%), and Democratic Republic of the Congo (2.4%).