The leading soybean exporting countries in 2025 are expected to be Brazil, the United States, and Argentina, with Brazil and Argentina significantly increasing their market share, especially in supplying China. Other notable exporters include Paraguay and Canada, with countries like Russia and Nigeria emerging as potential future players in the global market.
Top Exporting Nations
- Brazil: Expected to dominate the global
market, accounting for a substantial portion of global shipments.
- United States: A major exporter, though
its market share is challenged by the growth of South American
production.
- Argentina: Also a key player, increasingly working with Brazil to supply China's demand.
Other Key Exporters
- Paraguay: A significant supplier,
especially in regional markets.
- Canada: An established exporter, with a steady role in the market.
Emerging and Regional Players
- Nigeria and Russia: These countries are
expanding their production capacity and are expected to gain a larger
international market share.
- Ukraine: A significant exporter, though its position can be subject to various global dynamics.
Key Trends
- South American Dominance: Brazil and
Argentina's combined exports are crucial for filling China's massive
demand, often covering the needs the U.S. would usually supply.
- China's Importance: China remains a
primary destination for soybean exports, significantly influencing global
trade patterns.
- Regional Markets: Many smaller and medium-sized exporting countries rely on supplying their regional markets with specialized products.
Based on 2025 forecasts, Brazil and the United States are the largest soybean exporters, followed by countries like Paraguay and Canada. Global production is expected to be abundant, but shifting trade dynamics and rising domestic demand in the U.S. may alter market shares.
Top global soybean exporters
in 2025
- Brazil: Brazil remains the world's leading
exporter, continuing its market dominance due to high production and
investments in logistics. Its major export destinations include China, the
EU, and other Asian markets. Forecasts suggest Brazil will produce 175
million metric tons of soybeans in the 2025–2026 season.
- United States: As the second-largest
exporter, the U.S. primarily supplies markets in China, Mexico, and the
EU. However, the U.S. export forecast for 2025–2026 was reduced due to
trade tensions with China and increased domestic crush capacity for biofuels.
- Paraguay: This South American country is a
significant exporter, leveraging its trade ties with neighboring countries
and international markets.
- Canada: Canada is a growing exporter of
soybeans, which are often non-GMO and shipped to markets in Asia and
Europe.
- Argentina: While also a major producer,
Argentina exports a portion of its soybean crop, especially processed
goods like soybean oil and meal. It also imports soybeans, mainly from
Paraguay, to support its processing industry.
- Ukraine and Russia: Both
countries have expanded soybean farming, gradually increasing their export
volume.
- Uruguay: Uruguay is another significant
soybean exporter in the South American market.
- South Africa: This country contributes to
the global soybean market, primarily through exports within Africa.
- Netherlands: The Netherlands acts as a key re-exporter of soybeans in Europe, with its export value reflecting its role as a major trading hub.
Market dynamics for 2025
- Abundant global supply: Record production
in Brazil and strong crops in other regions have contributed to a global
surplus of soybeans, putting downward pressure on international prices.
- China's demand shifts: China, the world's
largest importer, has been shifting its purchases away from the U.S. in
favor of South American suppliers like Brazil and Argentina. Chinese
buyers have made significant advance purchases from these countries for
late 2025 into early 2026.
- U.S. domestic demand: The U.S. has increased its domestic soybean crush capacity, particularly for biofuel production. This could mean less volume available for export in the coming years.
https://www.google.com/search?q=soybean+exporting+countries+in+2025
Key Commodity Grain Prices (as
of late 2025)
Soybeans: Approximately $10.00
- $10.35 per bushel.
Wheat: Approximately
$5.15 - $5.30 per bushel.
Corn: Approximately $4.20 -
$4.35 per bushel.
https://www.google.com/search?q=list+us+comodity+crop+grain+prices+per+bushel+by+crop+2025
Comments
Future plans for Soybean Production in the US should be geared to providing only what the US Economy needs to become “ Soybean Self-Sufficient”. I expect an increase in raising more livestock in the US to become Protein Self-Sufficient.
Norb Leahy, Dunwoody GA Tea Party Leader
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