120190 (Harmonized System 2012 for 6-digit)

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Overview This page contains the latest trade data of Soya beans: other than seed, whether or not broken. In 2022, Soya beans: other than seed, whether or not broken were the world's 27th most traded product, with a total trade of $94.2B. Between 2021 and 2022 the exports of Soya beans: other than seed, whether or not broken grew by 16%, from $81.3B to $94.2B. Trade in Soya beans: other than seed, whether or not broken represent 0.39% of total world trade.

Soya beans: other than seed, whether or not broken are a part of Soya beans, whether or not broken.

Exports In 2022 the top exporters of Soya beans: other than seed, whether or not broken  were Brazil ($47.4B), United States ($34.8B), Argentina ($3.21B), Canada ($2.58B), and Paraguay ($1.23B).

Imports In 2022 the top importers of Soya beans: other than seed, whether or not broken were China ($54.9B), Mexico ($4.08B), Japan ($2.49B), Spain ($2.35B), and Germany ($2.15B).

Ranking Soya beans: other than seed, whether or not broken ranks 4829th in the Product Complexity Index (PCI).

Latest Data

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The following visualization shows the latest trends on Soya beans: other than seed, whether or not broken. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Brazil$47.4B
Top Destination (2022)China$54.9B

In 2022 Soya beans: other than seed, whether or not broken were the world's 27th most traded product (out of 5,198).

In 2022, the top exporters of Soya beans: other than seed, whether or not broken were Brazil ($47.4B), United States ($34.8B), Argentina ($3.21B), Canada ($2.58B), and Paraguay ($1.23B).

In 2022, the top importers of Soya beans: other than seed, whether or not broken were China ($54.9B), Mexico ($4.08B), Japan ($2.49B), Spain ($2.35B), and Germany ($2.15B).

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Exporters of Soya beans: other than seed, whether or not broken (2022)
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Importers of Soya beans: other than seed, whether or not broken (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Brazil$7.75B
Top Destination Growth (2021 -  2022)China$9.5B

Between 2021 and 2022, the exports of Soya beans: other than seed, whether or not broken grew the fastest in Brazil ($7.75B), United States ($5.99B), Argentina ($730M), Uruguay ($452M), and Bolivia ($307M).

Between 2021 and 2022, the fastest growing importers of Soya beans: other than seed, whether or not broken were China ($9.5B), Mexico ($870M), Germany ($864M), Japan ($530M), and Algeria ($459M).

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Exporters of Soya beans: other than seed, whether or not broken (2021 - 2022)

Importers of Soya beans: other than seed, whether or not broken (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Soya beans: other than seed, whether or not broken.

In 2022, market concentration measured using Shannon Entropy, was 1.87. This means that most of the exports of Soya beans: other than seed, whether or not broken are explained by 3 countries.

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Value of Exports in Soya beans: other than seed, whether or not broken

Net Trade

TOP NET EXPORTER (2022)Brazil$47.2B
TOP NET IMPORTER (2022)China$54.7B

This map shows which countries export or import more of Soya beans: other than seed, whether or not broken. Each country is colored based on the difference in exports and imports of Soya beans: other than seed, whether or not broken during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Soya beans: other than seed, whether or not broken were Brazil ($47.2B), United States ($34.4B), Canada ($2.28B), Argentina ($1.47B), and Paraguay ($1.22B).

In 2022, the countries that had a largest trade value in imports than in exports of Soya beans: other than seed, whether or not broken were China ($54.7B), Mexico ($4.07B), Japan ($2.49B), Spain ($2.34B), and Germany ($2.09B).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Soya beans: other than seed, whether or not broken.
It is possible to select the main countries that export or import Soya beans: other than seed, whether or not broken in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Soya beans: other than seed, whether or not broken by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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