globaltraffic.earth

Who buys Argentina’s soybeans? Export destinations 2024

In 2024, Argentina exported $2 billion of soybeans (4.4 million tonnes), 2.5% of the world total. China bought 87% of the total, followed by the United States (4%) and Chile (2%). Argentina was the world’s 5th-largest exporter of soybeans.

Summary

Value
$2billion
Tonnes
4.4million tonnes
Share of world total
2.5%
World rank
5th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
China1.7Tonnes: 3,927,092USD per tonne: $43787.5%Sea
United States0.07Tonnes: 126,552USD per tonne: $5543.6%Sea
Chile0.03Tonnes: 71,575USD per tonne: $4741.7%Sea
Saudi Arabia0.03Tonnes: 59,143USD per tonne: $4761.4%Sea
Turkey0.03Tonnes: 43,308USD per tonne: $5991.3%Sea
Netherlands re-exports0.02Tonnes: 42,729USD per tonne: $5151.1%Sea
Peru0.02Tonnes: 34,787USD per tonne: $5691%Sea
Malaysia0.01Tonnes: 21,413USD per tonne: $5100.56%Sea
Germany0.01Tonnes: 25,782USD per tonne: $4140.54%Sea
Indonesia0.01Tonnes: 22,901USD per tonne: $4210.49%Sea
Uruguay0.01Tonnes: 7,944USD per tonne: $7920.32%Sea
Brunei< 0.01Tonnes: 4,953USD per tonne: $8710.22%Sea
Morocco< 0.01Tonnes: 5,702USD per tonne: $4330.13%Sea
Bolivia< 0.01Tonnes: 796USD per tonne: $1,4920.06%Land
Ireland< 0.01Tonnes: 651USD per tonne: $5690.02%Sea
Paraguay< 0.01Tonnes: 336USD per tonne: $8030.01%Land
Canada< 0.01Tonnes: 291USD per tonne: $6640.01%Sea
Nicaragua< 0.01Tonnes: 44USD per tonne: $7510%Sea
Brazil< 0.01Tonnes: 5USD per tonne: $4,8170%Land
Nigeria< 0.01Tonnes: 21USD per tonne: $1,0150%Sea

Trend

Who it sells to

China has been its main destination since 1998

Value in USD billions. The five largest destinations in 2024.

  • China 1.7
  • United States 0.07
  • Chile 0.03
  • Saudi Arabia 0.03
  • Turkey 0.03

Source: CEPII BACI

Show the numbers
Partner19952024
China0.021.7
United States< 0.010.07
Chile< 0.010.03
Saudi Arabia00.03
Turkey0.010.03

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

See all products