2022
Exports
$172MWorld Rnk 12 / 139
Flag Rnk 800 / 1216
2022
PRODUCT COMPLEXITY IN Soybeans
-1.62Rnk 963 / 1025
2022
Imports
$54.1BWorld Rnk 1 / 200
Flag Rnk 6 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $172M in Soybeans, making it the 12th largest exporter of Soybeans in the world. At the same year, Soybeans was the 800th most exported product in China. The main destination of Soybeans exports from China are: South Korea ($90.3M), Japan ($23.8M), Turkey ($5.04M), Chinese Taipei ($4.49M), and Germany ($4.44M).

The fastest growing export markets for Soybeans of China between 2021 and 2022 were South Korea ($43.7M), Turkey ($4.72M), and Canada ($2.98M).

Imports In 2022, China imported $54.1B in Soybeans, becoming the 1st largest importer of Soybeans in the world. At the same year, Soybeans was the 6th most imported product in China. China imports Soybeans primarily from: Brazil ($31.9B), United States ($18B), Argentina ($2.89B), Canada ($675M), and Russia ($339M).

The fastest growing import markets in Soybeans for China between 2021 and 2022 were Brazil ($4.64B), United States ($3.69B), and Argentina ($1.11B).

COMPANIES In 2023, leading companies such as Walong Marketing (1) were at the forefront of shipping Soybeans from China to the United States.

Latest Trends

April 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2023 - April 2024)$-9.14M(-55.9%)
IMPORT GROWTH (April 2023 - April 2024)$-276M(-5.94%)
MAIN EXPORTER (April 2024)Liaoning Province$4.67M
MAIN DESTINATION (April 2024)South Korea$3.7M

This section shows Soybeans's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Soybeans over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$172M
IMPORTS (2022)$54.1B
NET TRADE (2022)-$53.9B

In 2022, China exported $172M in Soybeans. The main destinations of China exports on Soybeans were South Korea ($90.3M), Japan ($23.8M), Turkey ($5.04M), Chinese Taipei ($4.49M), and Germany ($4.44M).

In 2022, China imported $54.1B in Soybeans, mainly from Brazil ($31.9B), United States ($18B), Argentina ($2.89B), Canada ($675M), and Russia ($339M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybeans EXPORT MARKETS FOR China WERE (2021 - 2022):
South Korea$43.7M (94%)
Turkey$4.72M (1.51k%)
Canada$2.98M (977%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybeans BY China WERE (2021 - 2022):
United Kingdom-$2.71M (-78.2%)
North Korea-$1.94M (-32.8%)
Hong Kong-$487k (-15.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Soybeans were:
In 2022, China's main importing competitors in Soybeans were:
Mexico $4.08B
Japan $2.47B

Explore Visualizations

Trade Value of Soybeans by Exporters

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with