🇺🇸 United States exports of soya meal: 2024 trade data
In 2024, the United States exported soya meal worth $6.27 billion (12.77 million tonnes). It ranks 3rd of 127 countries for exports of this product. That is 10% less than in 2023. Over 2017-2024 the trade grew strongly, by about 10% a year on average.
Public statistics, latest reported year 2024. Values in US dollars.
Exports of soya meal by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $6.27B | 12.77M t |
| 2023 | $6.96B | 12.89M t |
| 2022 | $6.25B | 11.21M t |
| 2021 | $5.47B | 10.91M t |
| 2020 | $4.47B | 11.22M t |
| 2019 | $4.38B | 11.07M t |
| 2018 | $4.35B | 10.70M t |
| 2017 | $3.27B | 8.52M t |
Where the United States exports soya meal to
The largest buyer markets were Philippines (21%), Mexico (13%), Colombia (10%). Trade is spread widely: the top three buyer markets together make up only 44%. Among the main buyer markets, Philippines grew fastest (+32% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇵🇭 Philippines | $1.33B | 21% |
| 🇲🇽 Mexico | $815.6M | 13% |
| 🇨🇴 Colombia | $630.9M | 10% |
| 🇨🇦 Canada | $547.6M | 8.7% |
| 🇻🇪 Venezuela | $295.7M | 4.7% |
| 🇬🇹 Guatemala | $259.8M | 4.1% |
| 🇪🇨 Ecuador | $257.6M | 4.1% |
| 🇲🇦 Morocco | $204.8M | 3.3% |
| 🇩🇴 Dominican Republic | $176.3M | 2.8% |
| 🇻🇳 Vietnam | $168.0M | 2.7% |
Average export price of soya meal
The average declared value was about $0.49 per kg, close to the world average of $0.45.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
The United States also imports soya meal
Imports of soya meal by the United States reached $367.4 million in 2024 (566.7 thousand tonnes). Its share of world imports was 1%. Most of the value came from Canada (32%), Turkey (17%), Russia (11%). Among the main suppliers, Benin grew fastest (+322% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| 🇨🇦 Canada | $117.2M | 32% |
| 🇹🇷 Turkey | $61.5M | 17% |
| 🇷🇺 Russia | $39.2M | 11% |
| 🇹🇬 Togo | $36.6M | 10% |
| 🇳🇬 Nigeria | $32.4M | 8.8% |
| 🇧🇯 Benin | $30.6M | 8.3% |
| 🇪🇹 Ethiopia | $25.5M | 6.9% |
| 🇮🇳 India | $7.6M | 2.1% |
| 🇬🇭 Ghana | $5.9M | 1.6% |
| 🇦🇷 Argentina | $4.9M | 1.3% |
Who is behind these numbers in the United States?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Direct customs feed: shipment-level records from the official customs source.
Updated weekly on EximDataX (some markets daily), while public statistics stop at 2024.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 2304: Oil-cake and other solid residues; whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil.
Soya meal trade in the United States: questions
What is the value of soya meal imported by the United States?
The United States imported soya meal worth $367.4 million in 2024 (566.7 thousand tonnes).
Where does the United States import soya meal from?
The main supplier countries in 2024 were Canada (32%), Turkey (17%), Russia (11%).
What is the average import price of soya meal in the United States?
The average declared import value was about $0.65 per kg in 2024, against a world average of $0.45 per kg.
Does the United States export soya meal?
Yes. The United States exported soya meal worth $6.27 billion in 2024, mainly to Philippines, Mexico, Colombia.
What is the HS code for soya meal?
Soya meal falls under HS heading 2304 (Oil-cake and other solid residues; whether or not ground or in the form of pellets, resulting from the extraction of soy). The six-digit codes under it split the product by type.
How can I find the companies trading soya meal with the United States?
These public statistics stop at country level. EximDataX has a direct customs feed for the United States with shipment-level records, updated weekly, where you can see the importers and exporters by name.
Soya meal trade in other countries
More trade data for the United States
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