Frozen chicken halal & sif china, sugar icumsa 45 & 100 white, sugar icumsa 1200 brown, soybean, yellow corn, white rice long grained, milk powder, wheat flour, durum wheat, sunflower oil, soybean oil, olive oil & olives, drinks, energy drinks, fuel & derivated petroleum, crude oil, jp54 kerosene, bitumen, mazut m100, construction materials, cement portland ii 42.5 r, solid fuels, wood pellets, wood chips
Crude Degummed Rapeseed Oil, Refined Sunflower Oil, Crude Palm Oil, Cocoa Powder, Cocoa Butter, Cocoa Liquor, Cocoa Cake, Palm Kernel Shell, Palm Kernel Nuts
Grains like wheat, yellow corn, sorghum red, sorghum white, corn, oats, vetches, canary seeds, oil seeds like soybean, rapeseed, flaxseed, high oleic sunflower seeds, pulses like yellow whole peas, yellow split peas, red lentils, green lentils, football lentils, red split lentils, chickpeas, kidney beans, nuts & spices like walnuts, coriander, confectionary seeds & nuts like sunflower seeds, pumpkin, cereals like oat flakes, bulgur, semolina, couscous, buckwheat groats, corn groats, barley groats, wheat groats, hulled millet, pearl barley, wheat flour like grade premium, grade first 50/25 kg pp bags, retail package 1 kg, 2 kg, 5 kg paper bags, feed ingredients like linseed cake, sunflower meal, sunflower cake, soybean meal, yellow peas husk, yellow peas husk granulated, oat bran granulated, wheat bran granulated, food products like wheat flour, sunflower oil refined
Rice from india, pakistan, thailand, vietnam, sugar from Brazil, vegetable oil (olive, sunflower, soybean, rapeseed, palm, corn, coconut), soybean, soy meal, corn, corn meal, chicken, pork, beef, copper cathode
Raw cashew nut, sesame seed natural, hulled and sortexed, dry split ginger, dry hibiscus flower and shiftings, shea nut, shea butter, cassia tora seed, bird's eye chilli, gum arabic, gum olibinum, gum katira karaya, tiger nut, moringo seed, teak wood, gmalina wood and , pigeon peas, groundnut, soybeans and sesame seed oil
Red Bull, Nutella, Soft Drinks, Jacobs Coffee, Lavazza Coffee, Fish, Chicken, Refined Oil, Pepper, Fruits, Vegetables, Chocolate Candies, Corn, Wheat, Rice, Tuna, Biscuits, Dairy Products
Face masks, chlorine solids, surgical face masks, chemical sprayers, bio hazard suits, sand industrial and aggregates, bulk soybean, bulk white sugar. Hand sanitizers, isopropyl alcohol, soybean meal, sugar, Colombian Coffee, bulk coffee beans, Jet Fuel, Jet A 1 Fuel. bulk pistachios, bulk walnuts, bulk almonds
Rainbow trout eggs, fish meal, soybeans, soybeans meal, saffron, pistachio, extruder fish meal, corn, wheat, barley, sugar, rice, antioxidant,, food flavour, fresh fruit, dried fruit, date, jujube, crop seed, insecticide, herbicide, agricultural machinery, food industry machinery, halal meat
Cloths, bags, 3 ply face mask, n95 mask,2ply face mask, hand sanitizers, pvc aprons, nitrile gloves, latex gloves, vinyl gloves , pe gloves, sunflower oil, coconut oil, palm olein, soybean oil, a4 copy paper
Fertilizers, Crude Oil, Eggs, Egg Powder, Wheat Flour, Oil Seeds, Sunflower Oil, Soybean Oil, Corn Oil, Canola Oil, Beef, Chicken, Lamb, Honey, Sugar, Butter, Milk Powder, Biofuels
Firewood, Kiln Dried Firewood, Oak Hornbeam Birch Firewood, Charcoal Briquette, Charcoal, Pini Kay Briquette, Timber, Kiln Dried Board, Birch Oak Hornbeam Timber, Pallet Elements, Pellets, Unedged Board, Poultry Meal, Feather Meal
Rice from india, pakistan, thailand, vietnam, sugar from brazil
vegetable oil (olive, sunflower, soybean, rapeseed , palm, corn, coconut), soybean, soy meal, corn, corn meal, chicken, pork, beef , copper cathode
Paraffin wax, semi refined paraffin wax, fully refined paraffin wax, microcrystalline wax, wax blends slack wax, fischer tropsch wax, petroleum jelly, technical, petroleum jelly, cosmetic, petroleum jelly, white oils, technical
White oils, cosmetic, white oils,, process oils, paraffinic
Process oils, naphthenic, base oils
Shirt, t shirts, short, jeans, pant, hijab, textile, seafood, chicken, wheat, wheat flour etc, clinker, cement, corn, children's clothes, sunflower oil, corn oil, soybean oil, palm oil, rapseed oil, sugar
Turkish delight
Sunflower oil, soybean oil, rapeseed oil and mustard oil, barley, wheat, corn, peas, chickpeas, beans, lentils, flaxseed, coriander, mustard, mustard seed tomato paste, sunflower and flax meal, wheat flour, buckwheat husk, sunflower cake, dry milk, tomato pasta, canned food, pasta and flakes, confectionery, sugar, honey
Wheat all grades, yellow corn for animal feed and human consumption, soybean seeds, barley, sunflower oil crude and refined, rapeseed oil crude, refined and crude degummed, soybean oil crude and refined, corn oil crude and refined, palm oil crude; refined; methyl ester; rdb / cp8 / cp10, sugar icumsa 45, brown sugar icumsa 600 1200, urea 46, diammonium phosphate (dap), muriate of potash (mop), coal any type and grades, iron ore 62%,
copper cathode, copper millberry scrap, aluminum ingots a7; a8 , petroleum products
Horse mackerel, mackerel, halal meat, chicken, tomato paste, chemicals, corn, flour, sugar icumsa 45, powdered milk, refined corn oil, corn for animals, soybean meal, soybean oil, wheat, wheat bran for animals
Surgical nitrile gloves, surgical mask, surgical gowns, a4 copy paper, canola oil, ostrich eggs, ostrich chicks, coconut flower, black pepper, fresh apples, alfalfa hay, corn gluten meal, fish meal, soybean meal, sunflower seeds, castor oil, soybean oil, parrot eggs, natural honey, vaccination syringes, acrylonitrile butadiene rubber
Wheat, soybeans (non gmo soybeans or gmo soybeans), sugar (icumsa 45, icumsa 100, icumsa 150, icumsa 600 1200), canola seeds, casava and casava starch (tapioca), white maize, white corn, yellow corn, sulfur, urea 46,
sunflower oil, rapeseed oil, soybean oil, other edible oils, cooking oils, soybean meal (soymeal), animal feed, aluminum, copper cathode, hms steel & steel rail
Black seed oil
Soybean is a type of legume and the fifth major crop produced globally. It is native to East Asia, and cultivated for both human consumption as food and animal feed. In fact, processed soybeans are the second-largest source of edible fat, contributing around 25% to global edible fat production, and the largest source of high-protein animal feed in the world. This staple crop is valued worldwide for its rich protein and oil content. About 85% of soybeans are processed each year into soybean meal and oil. Of this, around 95% of the oil is used for edible purposes, while the remaining goes into industrial products such as fatty acids, soaps, and biodiesel. Its rich history dates back to 7000 BCE when it was domesticated in China. It became an important crop during the Zhou dynasty (c. 1046-256 BC), and was eventually introduced to other parts of the world. It entered the U.S. market for the first time in the 19th century and soon became a valuable source of protein and oil, especially in the 20th century. Today, it is one of the most sought-after commodities for soybean buyers and importers across the globe.
Soybeans remain consistently in high demand, majorly due to their nutritional value (particularly as a source of plant-based protein) and versatility. Besides, they offer strategic export advantages because of their dual marketability (both as oil and protein), low perishability (compared to fruits or vegetables), and easy storage and transport (when properly dried and packaged). Also, soybeans are fit for rotation farming, especially when grown with grains, corn, or pulses.
Soybeans are processed into a wide range of products such as tofu, soy milk, and soy-based meat alternatives (popular among vegans and vegetarians). Soymeal, a byproduct of soybean oil extraction, is also a primary protein source for livestock. In addition, soybeans are used to produce a renewable fuel known as biodiesel. This biodiesel is more sustainable than petroleum-based alternatives, as it generates fewer air pollutants. Furthermore, soybean oil is chemically similar to petroleum, which makes it a better substitute for common products like tires, flooring materials, and more. All these factors are responsible for its growing trade across borders.
Here are the different types of soybeans that are traded worldwide:
These are the major soybean varieties. Apart from these, soybean exporters often diversify into related crops and value-added products to expand their reach and attract more buyers. To grow your export business, you can bundle your shipments with other high-demand agricultural products, such as:
Having knowledge of global market trends can help exporters in many ways. This data lets you identify new opportunities, adapt to changing conditions, and maintain competitiveness. Here are the key insights that every exporter should know.
Global Market Size:
Source: Grand View Research
Top Importing Countries for Soybeans (Oct 2023- Sep 2024):
Source: Volza
Top 5 Profitable Soybean Related Import Products:
Source: Volza
To get the latest updates on agricultural commodities like soybean or connect with fellow agri-traders, visit our Communities section
Here are the methods that can help you find and connect with verified soybean importers and buyers worldwide.
1. What is the rate of 1 kg of soybean?
Although soybean prices vary based on several factors, the average price of 1 kg of soybeans can range from $0.45 to $0.86 per kg globally.
2. Who is the largest buyer of soybeans?
Indonesia is the biggest importer of soybeans, followed by the United States and Taiwan.
3. Where to sell soybeans?
You can sell soybeans through online B2B marketplaces. One such platform is go4WorldBusiness, where you can list your product and get verified buyers. Besides, you can also sell through government-supported export portals or directly reach out to bulk soybean importers.
4. Who is the biggest consumer of soybeans?
China is the biggest consumer of soybeans. In addition, the US and Brazil are also major consumers.
5. Who sells the most soybeans?
The top supplier countries of soybeans are China, Ukraine, the United States, Brazil, and Vietnam.
6. Which state in India is the highest producer of soybeans?
Madhya Pradesh is the highest soybean-producing state in India, contributing almost 50% to the country's total soybean production.
7. Which country does India export soybeans to?
India exports soybeans (primarily in the form of soybean meal) to countries like the United States, Nepal, Vietnam, Japan, Bangladesh, Iran, and Sri Lanka.
8. What is the volume of soybean exports from India?
In the year 2023-2024, India exported around 3.5 million metric tons of soybeans. Also, in terms of shipment, India recorded 1787 soybean shipments in the same year.
9. Where are the soybeans sourced from?
Soybeans are sourced from various countries. However, the United States, Brazil, and Argentina produce about 80% of the world's total soybeans.
10. What is the HS code for soybeans?
1201 is the main soybean HSN code.
Click here to know more about soybean related Q&A.
