globaltraffic.earth

Where does China get its soybeans? Import sources 2024

In 2024, China imported $47.5 billion of soybeans (103.2 million tonnes), 59.2% of the world total. Brazil sold 68% of the total, followed by the United States (26%) and Argentina (4%). China was the world’s largest importer of soybeans.

Summary

Value
$47.5billion
Tonnes
103.2million tonnes
Share of world total
59.2%
World rank
1st
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Brazil32.2Tonnes: 72,776,700USD per tonne: $44267.8%Sea
United States12.3Tonnes: 23,726,591USD per tonne: $51725.8%Sea
Argentina1.7Tonnes: 3,927,092USD per tonne: $4373.6%Sea
Canada0.54Tonnes: 1,177,326USD per tonne: $4591.1%Sea
Uruguay0.35Tonnes: 820,781USD per tonne: $4250.74%Sea
Russia0.3Tonnes: 613,816USD per tonne: $4960.64%Sea
Benin0.09Tonnes: 132,065USD per tonne: $6580.18%Sea
Ethiopia0.02Tonnes: 29,408USD per tonne: $6080.04%Sea
Ukraine0.01Tonnes: 37,680USD per tonne: $3450.03%Sea
Tanzania< 0.01Tonnes: 1,691USD per tonne: $6160%Sea
France< 0.01Tonnes: 364USD per tonne: $7630%Sea
Malawi< 0.01Tonnes: 232USD per tonne: $5820%Sea
Belgium re-exports< 0.01Tonnes: 50USD per tonne: $1,6050%Sea
Hong Kong re-exports< 0.01Tonnes: 61USD per tonne: $9860%Sea
Taiwan< 0.01Tonnes: 130USD per tonne: $4570%Sea
New Zealand< 0.01Tonnes: 10USD per tonne: $1,5020%Sea
Austria< 0.01Tonnes: 17USD per tonne: $5810%Sea
Nigeria< 0.01Tonnes: 3USD per tonne: $5690%Sea
Chile< 0.01Tonnes: 0USD per tonne: $30,3160%Sea
Spain< 0.01Tonnes: 0USD per tonne: $46,0000%Sea

Trend

Who it buys from

Brazil has been its main source since 2013

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

  • Brazil 32.2
  • United States 12.3
  • Argentina 1.7
  • Canada 0.54
  • Uruguay 0.35

Source: CEPII BACI

Show the numbers
Partner19952024
Brazil< 0.0132.2
United States0.0412.3
Argentina0.021.7
Canada< 0.010.54
Uruguay00.35

Sources and methodology

Other products of this country

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