# Of Soya Beans buyer markets and demand | HS 120810 | Yugalinks

Philippines is the largest reported buyer market in this view, with imports of $788.2M.

## Buyer market evidence

| Buyer market | Latest imports | 5-year growth | Suppliers | Leading supplier |
| --- | --- | --- | --- | --- |
| Philippines | $788.2M | +8.6% | 9 | USA |
| Viet Nam | $123.7M | +4.7% | 13 | USA |
| Canada | $106.0M | +48.2% | 30 | USA |
| Dominican Republic | $91.0M | -4.7% | 2 | USA |
| Switzerland, Liechtenstein | $66.1M | +32.4% | 20 | Italy |
| Pakistan | $53.8M | +242% | 6 | Nigeria |
| Peru | $49.5M | +28.2% | 5 | Bolivia |
| Belgium | $38.7M | +12% | 30 | Netherlands |
| Colombia | $34.1M | +0.1% | 3 | USA |
| Japan | $33.3M | +3.5% | 11 | USA |
| France | $20.0M | +34.3% | 40 | Nigeria |
| Germany | $19.8M | -15.3% | 51 | Italy |
| Republic of Korea | $17.4M | +3.7% | 20 | USA |
| Austria | $16.2M | -6.4% | 15 | Italy |
| Guyana | $15.1M | +3.3% | 2 | Brazil |
| Bulgaria | $12.2M | +20.2% | 12 | Argentina |
| Guatemala | $11.7M | +24.5% | 6 | USA |
| Spain | $11.4M | -2.9% | 25 | Portugal |
| Honduras | $11.0M | -1.8% | 2 | USA |
| USA | $10.7M | +14.5% | 32 | Nigeria |
| Hungary | $10.7M | +35.7% | 15 | Slovenia |
| Australia | $8.9M | +28.6% | 19 | USA |
| Netherlands | $8.7M | +7.4% | 62 | Belgium |
| New Zealand | $8.6M | +15.3% | 14 | USA |
| Côte d\'Ivoire | $6.0M | +256.9% | 3 | Nigeria |
| United Kingdom | $5.9M | +1.3% | 29 | Austria |
| Turkey | $5.0M | +209.1% | 10 | Nigeria |
| Italy | $4.8M | -16.9% | 18 | Austria |
| Mexico | $4.8M | +20.1% | 14 | USA |
| Portugal | $4.4M | -26.6% | 13 | Spain |
| Denmark | $4.0M | -3.3% | 20 | Netherlands |
| Zimbabwe | $3.9M | -15.5% | 4 | South Africa |
| El Salvador | $3.3M | +17.8% | 5 | USA |
| Panama | $3.0M | -10.4% | 4 | USA |
| Poland | $2.6M | -7% | 19 | Serbia |

## Buyer market price evidence

| Buyer market | Year | Trade value | USD per ton |
| --- | --- | --- | --- |
| Viet Nam | 2023 | $141.8M | $520.88 |
| India | 2023 | $74.6M | $1,636.61 |
| Pakistan | 2023 | $73.3M | $1,091.17 |
| Belgium | 2023 | $58.3M | $582.36 |
| Canada | 2023 | $51.3M | $507.56 |
| Peru | 2023 | $39.9M | $474.25 |
| Austria | 2023 | $31.3M | $1,255.37 |
| Germany | 2023 | $25.3M | $948.21 |
| USA | 2023 | $21.8M | $631.33 |
| Switzerland, Liechtenstein | 2023 | $20.5M | $100,220.55 |
| Honduras | 2023 | $19.8M | $494.64 |
| Republic of Korea | 2023 | $17.5M | $1,478.13 |
| Guyana | 2023 | $17.3M | $802.96 |
| Spain | 2023 | $15.0M | $770.96 |
| Myanmar | 2023 | $14.8M | $530.49 |
| Japan | 2023 | $14.5M | $5,540.53 |
| Venezuela | 2023 | $14.4M | $497.62 |
| China | 2023 | $13.8M | $480.42 |
| Côte d\'Ivoire | 2023 | $13.5M | $539.98 |
| Bulgaria | 2023 | $13.4M | $611.54 |

_Source: reported merchandise trade data. Updated 2026-08-14._