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Wall paint, enamels, coating, oil paint, architectural paint, industrial paint, wood paint, waterproofing paint, texturized paint, specialty paint, custom paint, peas, barley, broad bean, linseed, corn, chulpe corn, purple corn, mote corn, lima bean, wheat, rice, quinua, quinoa, chia, maca, cocoa beans, cocoa nibs, cacao powder, green coffee beans, toasted coffee
Herbs: basil, marjoram, hibiscus, chamomile, calendula, lemongrass, peppermint, spearmint, sage, senna., spices:, parsley flakes, coriander leaves, dill tips, thyme, chili, rosemary seeds : anise, caraway, coriander, fennel, sesame, cumin, fenugreek, beans
Fish & seafood, palm oil based products, red palm olein, refined palm oil, extra virgin palm oil, coconut products, fresh coconut, coconut milk, etc, and many others, fresh farm produce from the sea fishes, vegetables and fruits., sugar (sweetening), soybeans, chicken parts
Wood Pellets, Pine Wood Pellets, Medical Syringes, Medical Clothing, Medical Sensors, Medical Equipment & Machinery, Medical Face Masks, Battery Scrap, Copper Scrap, Face Masks, Used Rails R50 R65, Hms 1&2, Cast Iron Scrap, Ac/fridge Compressor Scraps, Hot Washed Pet Bottles, Milk Powder, Refined Sunflower Oil, Cavendish Banana, Friesian Holstein Cow, Boar Goat, Beef Omasum, Cow, Chicken Feet, Chicken Wings, Frozen Chicken Wings, Salted Butter, Wet Salted Donkey Hides, Wet Salted Cow Hides, Fresh Ginger/Garlic, Soybean Meal, Pepper, Tapioca Chip, Rice, Sawdust, Yellow Corn, Sand, Garlic, Chili , Shrimp, Tea, Mango, Black Pepper, Alfalfa Hay, Timber Wood, Charcoal, Wood Pellet, Cavendish Banana, Chickpeas, Kidney Beans, Almond Nut ,Energy Drink, Redbull, Covid 19 Rapid Test Kits, Ruf Wood Briquettes /ruf Oak Wood Briquettes/ Wooden Briquettes Ruf
Metal Scrap And Steel, Cooking Oil . Building Material, Logistics And Agro Products , Ferrous And Non Ferrrous Metals, Copper Wire Scrap , Aluminium Wire Scrap, Aluminium Ingots, A7, A8,hms, Aluminium , Ubc , Profiles Aluminium Wheels Brass, Hms, Cast Iron, Pvc, Big Bags Scrap Cement
Agricultural Product
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Organic essential oils, organic vegetable oils organic almond oil, organic apricot kernel oil, organic argan oil, organic avocado oil, organic borage oil, organic camelina infused oil, organic carrot seed oil, organic castor oil, organic chia seed oil, organic evening primrose oil, organic fennel oil, organic flax seed / organic linseed oil, organic grapefruit oil, organic hazelnut oil, organic jojoba golden oil, organic macadamia oil, organic moringa oil, organic neem oil, organic olive oil, organic palm oil, organic pomegranate oil, organic prickly pear oil, organic pumpkin oil, organic raspberry seed oil, organic rose hip oil, organic safflower oil, organic sea buckthorn oil, organic sesame oil, organic tamanu oil, organic wheatgerm oil, organic shea butter, organic cocoa butter, mango butter, organic bees wax, organic glycerin non palm, organic lavender oil, organic black pepper oil, calendula absolute
Fruits, vegetables, corn oil, soya bean oil, sunflower oil, rapeseed oil, olive oil, briquettes, wood pellets, fresh fruits, diammonium phosphate, copy paper, vanilla beans, garlic, ginger, rice, cinnamon, raisin, shea butter, carob powder, beans, sunflower seeds, black pepper, coconut powder, fish meal, coconut fatty acid distillate, ldpe, hdpe, animal hides, tomato paste, sesame seeds, almond nuts, chia seeds, sugar,papers, fish maws, stock fish, hazel nuts, stearic acid, , starch, copper cathode, copper scrap , charcoal, tires, lighters, chicken feet, car engines, coffee , cocoa powder, disposable face mask, disposable gloves, coriander seeds, pistachio nuts, cardamom, mustard seeds, medical devices, spices, sport supplements, sweeteners, frozen fish, dried fruits, mineral water, powder milk, frozen chicken
D2, jp54, mazut, rebco, lng, lpg, crude oil, urea, dap, npk, gasoline, d6, ethylene glycol, mixed aromatics solvents, engine oil, gasoline motor oil non detergent, oehc nd 40 & nd 50, gasoline motor oil sn, diesel motor oil, gear oil, hydraulic oil, oehc iso r&o 32, 46, 68, oehc aw 32, aw 46, aw 68, grease, oehc lithium ep mp2 (amber), oehc hi temp mp2 (red), atf fluids, oehc atf dexron iii/ mercon, oehc atf mercon v, tractor fluid, oehc tractor fluid j 20c, heavy equipment, transmission fluids, oehc to 4 sae 30, 50
Ferromanganese
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Coriander Seeds, Fennel Seeds, Khajoor, Peanut Shell Seeds, Fenugreek Seeds, Ajwain, Peanut Seed
Aluminum Ingot, Nitrile Gloves, Copper Scrap, Copper, Icumsa 45 Sugar ,cathode, Ac Compressor Scrap, Aluminum Scrap, Aluminum Wire, Used Car Battery, Aluminum Wheels Scrap, Ubc Can Scrap, Used Rails, Copper Rod, Copper Plates, Ubc Can Scrap,, Orange, Lemon, Garlic, Cashew Nuts, Nutella Chocolate, Refined Sunflower Oil, Betel Nuts, Almond, Agar Wood Oil, Natural Honey, Dates, Palm Oil, Animal Feed, Yelow And White Maize, Soybean, White Flour, Hardwood Charcoal, Hdpe Granules, Ldpe Film, Occ/onp Waste, Alfalfa Hay, Pet Bottles
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Fmcg Products, Nutella, Energy Drink, , Soft Drink, Chocolate, Cookies Etc. Pasta, Macaroni, Cereals, Biscuit, Cracker, Detergent Types, For Laundry, Dishwashing And Household Cleaning. And Turkish Products; Hazelnut, Olive, Apricot, Fig, Chestnut Sugar, Turkish Delight
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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.
