Soybean · importers
Indonesia is fourteenth of 96 at $1.9B in the oil seeds chapter, and the chapter ranks twentieth among its import lines.
| 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.
France is above at $2.2B and Belgium below at the same rounded $1.9B. Indonesia’s 1.4% share of reported world imports equals Belgium’s. The chapter is 0.8% of the country’s $235.1B imports and ranks 20th among its import chapters, a high place next to fuels at $40.7B, industrial machinery at $34.0B and electrical machinery at $27.2B.
Oil seeds are a genuine part of the food import system.
Soy is a staple ingredient in fermented and processed foods eaten daily by a large population, so part of the demand is for food-grade beans rather than crushing quality. Another part goes to feed. Ask the buyer which grade it needs and what its customers require for size, colour and cleanliness.
Food makers are often numerous and small, which affects lot sizes and payment terms.
A country of many islands moves goods by sea for the last leg as well, so ask the importer which port it uses and how it distributes stock. China, Singapore, Japan and the USA lead the overall source list, which covers all goods. Confirm the current import permit, inspection and labelling requirements with the authorities, and agree Incoterm, currency and payment terms.
The $1.9B is the sum for HS chapter 12 as a whole, oil seeds and oleaginous fruits, of which soybeans form one portion. Every reporter declares its own data, so re-exports and reporting gaps can shift a market a few places, especially in a bunched part of the table.
Shipment data under the soybean heading shows who receives each cargo and how large it is. Focus on consignees that appear regularly, agree Incoterm, currency and payment terms with them, and make contact through this site’s free marketplace.
Fourteenth of 96 at $1.9B in 2024, a 1.4% share of reported world imports, level with Belgium.
Soy is a daily staple in many prepared foods, so part of demand is for beans with tight size and cleanliness limits.
Twentieth, at 0.8% of $235.1B, which is a strong place next to fuels and machinery.
Read soybean-heading shipment data and note the consignees that take cargoes repeatedly.
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