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Soybean · importers

Soybean Importers in Thailand

Thailand ranks twelfth of 96 at $2.2B in the oil seeds chapter, sandwiched between Italy and France at nearly the same value.

$2.2BHS 12 imports, 2024
#12 of 96Rank among reporting markets
0.7%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.

A three-way tie at $2.2B

Italy is just above and France just below, and all three report $2.2B when rounded. Thailand’s 1.6% share of reported world imports cannot be told apart from theirs. The safest reading is that Thailand belongs to a mid-table group, not that it holds a specific place.

The chapter is 0.7% of the country’s $305.3B imports and ranks 22nd among its import chapters.

Feed and food processing

Thailand has substantial poultry, aquaculture and food-processing industries, all of which draw on soybean meal and oil. Imports of beans and meal feed these industries, and the buyer may be a crusher, a feed miller or a trader. Ask which, and what protein and moisture limits their formulations allow.

Warm, humid conditions make storage quality important, so ask how fast cargoes are discharged and moved on.

  • Crusher, feed miller or trader
  • Protein and moisture ceilings
  • Discharge speed and storage on arrival

Sources and paperwork

Electrical machinery at $65.1B, mineral fuels at $48.9B and industrial machinery at $36.1B lead the import bill. China, Japan, the USA and the United Arab Emirates lead the overall source list, which covers all goods. Confirm the current import permit, biosafety and inspection requirements with the authorities, then agree Incoterm, currency, payment terms and port.

Reading the total and locating importers

The $2.2B is the full value of HS chapter 12, oil seeds and oleaginous fruits, and soybeans are only a share. With Italy, Thailand and France all at the same rounded figure, national reporting differences can reorder the trio.

In customs shipment data for the soybean heading, look at the consignee, weight and value of each cargo. Identify mills and crushers that import regularly, agree Incoterm, currency and payment terms with them, and make contact via this site’s free marketplace.

Questions

What is Thailand's rank for this chapter?

Twelfth of 96 at $2.2B in 2024, a 1.6% share of reported world imports.

Who buys soybeans in Thailand?

Crushers, feed millers and traders serving poultry, aquaculture and food industries.

How does the chapter rank in Thai imports?

It is 0.7% of $305.3B and ranks 22nd among import chapters.

How do I find Thai importers?

Search soybean-heading shipment data and note consignees with repeat arrivals.