Oilseeds
U.S. Oilseeds Exports in 2024
Total Export Value
$32.82 Billion
Total Volume (Millions)
68.63 Metric Tons
3-Year Average
$37.86 Billion
Compound Average Growth
2.2% (2015-2024)
| Market | Total Value (USD) |
|---|---|
| China | $12.67 Billion |
| Mexico | $3.58 Billion |
| European Union | $2.8 Billion |
| Canada | $1.37 Billion |
| Indonesia | $1.32 Billion |
| Japan | $1.16 Billion |
| Egypt | $1.08 Billion |
| Philippines | $1.07 Billion |
| Colombia | $940.89 Million |
| Vietnam | $845.21 Million |
Data and Analysis
Post raises its forecast for marketing year 25/26 soybean production slightly to 19.9 million metric tons on generally favorable weather conditions in northern China and slightly higher planted area.
Turkiye’s MY 2025/26 sunflowerseed crop is suffering from extreme drought and production levels are forecast to fall more than 10 percent from last year.
FAS/Tel Aviv (Post) forecasts Israel’s soybean imports in marketing year (MY) 2025/26 (October- September) to decrease slightly from the previous marketing year due to a decline in demand.
News and Features
Private exporters reported sales of 22,000 MT of soybean oil for delivery to South Korea during MY 2025/2026.
Private exporters reported the following sales activities for MY 2025/2026: 123,000 MT of soybeans for delivery to unknown destinations and 204,650 MT of soybeans received in the reporting period for delivery to unknown destinations.
Private exporters reported sales of 185,000 MT of soybean cake and meal for delivery to the Philippines during MY 2025/2026.