Animal feeds like cotton seed meal, soybean meal
Sugar icumsa 45, sugar icumsa 150, sugar icumsa 600, sugar icumsa 1200, refined sunflower oil, rapeseed oil, canola oil, soybean oil, corn oil, reused oil, petrol & gas
Sunflower oil, olive oil, wheat, rice, coffee, tea, virgin coconut oil, organic olive oil, soybean meal, soybean oil, palm oil, corn oil, hard wheat flour
Sunflower oil, olive oil, wheat, rice, coffee, tea, virgin coconut oil, organic olive oil, soybean meal, soybean oil, palm oil, corn oil, hard wheat flour
Palm based cooking oil, soyabean, canola, corn, sunflower, coconut oil, vegetable ghee and milk fat, palm related products soap noodle, multi purpose bath & laundry soap, candle wax
Commodity products : k beauty cosmetics (wholesale supply, oem, odm production according to buyer's requirements), sugar, frozen chicken, copper wire scrap, urea fertilizers, corn gluten meal for animal feeds, soybean meal for animal feeds
Diesel en590 10 50 500 5000 and others ppm ultra low sulphur.
d2 0,2 62 gost 305 82 or 0,01 or 0,05.
d2 automotive fuel oil (ago).
Natural African skincare & beauty products like shea butter, cocoa butter, rosehip seed oil, beeswax, oils
Amber, raw amber, sturgeon black caviar, wheat, wheat flour, corn, sugar, raw oil, sunflower oil, chicken eggs, soybean
Mazut M100, D2 diesel, JP54, LNG, LPG, bitumen, BLCO, urea N46%, indian basmati & non basmati rice, wheat, wheat flour, yellow corn, soybean meal, sugar ICUMSA 45, 100 / raw sugar, whole & blended spices, skimmed & whole milk powder, coconut products, sunflower & edible oil, frozen seafood & chicken, beef, buffalo & goat meat, iron & bauxite ore, steam coal, HMS 1&2 & used rails scrap, copper cathode
Grains: wheat, yellow corn, sorghum red, sorghum white, corn, oats, vetches, canary seeds, oil seeds: soybean, rapeseed, flaxseed, high oleic sunflower seeds, pulses: yellow whole peas, yellow split peas, red lentils, green lentils, football lentils, red split lentils, chickpeas, kidney beans, nuts & spices: walnuts, coriander, confectionary seeds & nuts: sunflower seeds, pumpkin, cereals: oat flakes, bulgur, semolina, couscous, buckwheat groats, corn groats, barley groats, wheat groats, hulled millet, pearl barley, wheat flour: grade premium, grade first 50/25 kg pp bags, retail package 1 kg, 2 kg, 5 kg paper bags, feed ingredients: linseed cake, sunflower meal, sunflower cake, soybean meal, yellow peas husk, yellow peas husk granulated, oat bran granulated, wheat bran granulated , food products, wheat flour, sunflower oil refined
D6, Ja1, En590, Lco, Espo, Lng, Soybeans, Edible Oils, Ordinary Portland Cement
Gemstones, semi precious stone, ore minerals, wheat, durum wheat, sunflower oil, soybean, corn, sugar ic45, quartz, manganese, amethyst, citrine, agate
Coffee Beans. Arabica Coffee , Robusta Coffee, Cinnamon, Rice, Spices, Black Pepper, Cardamom, Red Chilly, Cloves, Cumin, Sesame Seeds, Sunflower Seeds, Soybean, Wheat, Corn, Barley, Sugar, Icumsa 45, Wheat Flour, Sunflower Oil, Corn Oil, Soybean Oil, Palm Oil, Canola Oil, Iron Ore, Copper Ore, Dap, Map, Cement, Clinker
Fresh vegetables, fresh products: orange, potatoes, yellow onion, red onion, fresh garlic, dry garlic, dry white beans, pomegranate,
intermediation for diesel en590, jp54 aviation jet fuel a1, d6 diesel oil , d2 diesel oil, lpg, lng, automotive gas oil (ago)
intermediation for sugar icumsa 45, yellow corn, wheat
Copper Sheet, Brass Sheet, Bronze, Ferrous Metal, Nonferrous Metal, Yarn, Cotton Yarn, Dried Fruit, Pickles, Legume
Ethanol, ethyl alcohol, isoamyl alcohol, fusel oil, used cooking oil(uco), api flanges, chemicals, defoamers & foamers, monocalcium phosphate, quartz powder, lemon grass, jatropha, industrial salt, ground marble (calcium carbonate), clarified xanthan gum , sodium bentonite gelm, hydroxyl ethyl cellulose hecs, clarified xanthan , iron oxide powder, iron ore, silica sand, hematite powder, bitumen, quartz lumps, quartz sand, sugarcane molasses, cottonseed oil, tungsten,
s355 grade or equivalent, urea, soybean, modified starch, calcium bromide, calcium chloride
aluminium ingots a7 a8,
gasoline 87/89/93 octane, lpg,
green pet coke,
high speed diesel (hsd),
base oil (all grade),
aviation kerosene colonial grade, rebco, d2, d6, mazut m100,
fuel oil cst 18o / 280 / 380, en590, polymers, tdi,
polymeric polyol,
eca (ethyl cyanoacrylate ), glycerine, palm acid oil, soft wheat, corn/maize, epoxidized soybean oil (esbo)
Arabic Gum, Pigeon Peas, Alfalfa, Groundnut Cake (animal Feed ), Cumin Seeds, Chickpea, Fine Corn, Soybean, Sorghum, Millet Seeds, Hibiscus Dry Flower, Watermelon Seeds, Dried Hibiscus Flower, Dried Lemon, Watermelon Seeds, Onion, Cotton, Banana, Peanut, White Sesame, Red Sesame, Olibanum (frankincense), Baobab .sesame Oil.
Aluminium ( ingots, t-bars, sows, rods), copper (cathodes, cakes, billets, ingots, rods), lead (ingots), nickel (cathodes both cut and uncut briquettes, pellets, discs, etc.), tin (ingots, etc.), zinc (ingots both regular size and jumbos), steel billets (all types including crc, hrc, hdgc, plates, sheets), concentrates and ores for above items including bauxite and iron ores), scraps of above items including hms 1&2 and steel scraps
Mazut M100, D2 Diesel, Jp54, Lng, Lpg, Bitumen, Blco, Urea N46%, Basmati & Non Basmati Rice, Wheat, Wheat Flour, Yellow Corn, Soybean Meal, Sugar Icumsa 45, 100 / Raw Sugar, Whole & Blended Spices, Skimmed & Whole Milk Powder, Coconut Products, Sunflower & Edible Oil, Frozen Seafood & Chicken, Beef, Buffalo & Goat Meat, Iron & Bauxite Ore, Steam Coal, Hms 1&2 & Used Rails Scrap, Copper Cathode
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.
