Soybean · importers
Canada closes the top twenty at $1.3B in the oil seeds chapter, a small importer of a crop it grows in quantity.
| Market | HS 12 imports |
|---|---|
| China | $61.5B |
| Germany | $7.1B |
| Japan | $5.3B |
| Mexico | $4.9B |
| Netherlands | $4.2B |
Figures are for the whole of HS chapter 12 (oil seeds and oleaginous fruits); soybean is only part of it. Source: UN Comtrade, as reported by national authorities; latest available year per market.
The United Kingdom is above at $1.8B and the United Arab Emirates just below at $1.3B, the same rounded value as Canada. Canada’s 1.0% share of reported world imports is the smallest share among the top twenty markets. The chapter is 0.2% of its $560.0B imports and ranks 56th among its import chapters.
Vehicles at $91.1B, industrial machinery at $83.8B and electrical machinery at $52.5B lead the bill.
Where domestic supply is plentiful, imports usually fill particular needs: a crusher near a port that finds imported beans cheaper than inland supply, seeds of a type not grown locally, or processing for re-export. The USA is by far the leading overall source, followed by China, Mexico and Germany, which shows how overland trade dominates.
A seller from overseas should ask what the buyer cannot easily get from nearby.
Plant-health rules for seeds are set by the authorities and can change. Confirm the current import permit, inspection and labelling requirements with them and with the buyer. Agree Incoterm, currency, payment terms and port or border entry point in writing.
The $1.3B is the value of every product in HS chapter 12, oil seeds and oleaginous fruits, so soybeans are a share of it and other seeds fill the rest. Countries declare their own figures, so re-exports and reporting differences can move a market a place or two.
Soybean-heading shipment data gives the consignee, weight and declared value for each cargo. Read it for buyers on the coast, agree Incoterm, currency and payment terms with those you shortlist, and approach them via this site’s free marketplace.
Twentieth of 96 at $1.3B in 2024, a 1.0% share of reported world imports.
Coastal crushers, seed types not grown locally and processing for re-export are the usual reasons. Ask the buyer which one applies.
It is 0.2% of $560.0B and ranks 56th among the country's import chapters.
Filter shipment data to the soybean heading and note consignees at coastal ports.
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