Soybean · importers
Taiwan ranks seventeenth of 96 at $1.8B in the oil seeds chapter, in step with South Korea and Vietnam.
| 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.
South Korea is above and Vietnam below, and all three report $1.8B. Taiwan’s 1.3% share of reported world imports cannot be distinguished from theirs. The chapter is 0.5% of the country’s $394.0B imports and ranks 21st among its import chapters, a higher place than for South Korea or Vietnam.
Electrical machinery at $133.3B dominates the bill, with industrial machinery at $55.9B and fuels at $53.5B behind it.
Taiwan depends on sea shipments for bulk commodities, so cargo size, discharge port and storage capacity are concrete issues in any negotiation. Ask the buyer what vessel sizes its ports can handle and how often it restocks. The consuming industries include feed, cooking oil and traditional soy foods.
Sellers with a flexible programme of regular cargoes are better placed than one-off offers.
China, the USA, Japan and the Republic of Korea lead the overall source list, which covers all goods and says nothing about bean origins. Confirm the current import, inspection and labelling conditions with the authorities and the buyer, and agree Incoterm, currency, payment terms and port in writing.
The $1.8B combines every product in HS chapter 12, oil seeds and oleaginous fruits, and soybeans are only part. Three markets share the same rounded value, so a difference in how a country declares its data can reorder them.
Soybean-heading shipment data shows which consignees receive cargoes and how big they are. Shortlist regular importers, discuss Incoterm, currency and payment terms with them, and approach them through this site’s free marketplace.
Seventeenth of 96 at $1.8B in 2024, a 1.3% share of reported world imports.
It is 0.5% of $394.0B and ranks 21st among import chapters, higher than in South Korea or Vietnam.
An island depends on sea cargo, so the port's draught and storage limit which shipments a buyer can take.
Filter customs shipment data to the soybean heading and rank consignees by weight.
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