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Soybean · importers

Soybean Importers in Egypt

Egypt is tenth of 96 at $2.3B in the oil seeds chapter, and oil seeds are a leading item in an import bill where food staples carry great weight.

$2.3BHS 12 imports, 2024
#10 of 96Rank among reporting markets
2.4%Share of all imports

Largest importers in the dataset, for context

MarketHS 12 imports
China$61.5B
Germany$7.1B
Japan$5.3B
Mexico$4.9B
Netherlands$4.2B

Read the figures correctly

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.

Tenth, and important at home

Turkey is above at $2.8B and Italy below at $2.2B. Egypt’s 1.7% share of reported world imports is modest globally, but the chapter is 2.4% of its $94.7B total imports and ranks 12th among its import chapters. Only mineral fuels at $17.0B, machinery at $7.2B and cereals at $6.8B lead the bill.

Oil seeds are thus a serious food-security line for the country.

A staple-food import market

Imported beans and seeds provide cooking oil and animal feed for a large population, and purchasing tends to draw the attention of the state and the banking system. A seller should ask whether the buyer is a private crusher, a public body or a trader, since rules for public procurement differ from those for private trade.

Access to foreign currency is another practical issue in economies of this profile, and it deserves explicit discussion.

  • Public or private buyer
  • Tender rules or direct contract
  • Letter of credit and foreign-currency availability

Sources and paperwork

China, Saudi Arabia, the USA and the Russian Federation lead the overall source list, which covers all goods and does not show oil-seed origins. Confirm the current import, inspection and documentation requirements with the authorities and agree Incoterm, currency, payment instrument and discharge port in writing.

Scope of the total and next steps

The $2.3B totals HS chapter 12 in full, meaning oil seeds and oleaginous fruits, so soybeans are only part of it. Since each country declares its own data, differences in reporting or onward trade can shift a market in the table.

To find named importers, read soybean-heading shipment data for consignees and weights; state buyers and private crushers show up differently, and knowing which you face matters. Then use this site’s free marketplace to make contact.

Questions

What is Egypt's rank for this chapter?

Tenth of 96 at $2.3B in 2024, a 1.7% share of reported world imports, behind Turkey at $2.8B.

How important is the chapter to Egypt's import bill?

It is 2.4% of $94.7B and ranks 12th, a high place that reflects the weight of staple foods.

Why does foreign currency come up so often?

Where dollars are scarce, the payment instrument and timing can decide whether a cargo moves. Discuss it early.

How do I find Egyptian importers?

Search shipment data under the soybean heading and check whether consignees look like state or private companies.