# HS 120810 Of Soya Beans global trade data overview | Yugalinks

Reported global trade in of soya beans reached $1.7B in 2024, with five-year annual growth of +6.4%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $1.5B | +1.5% | +21.3% |
| 2014 | $1.4B | -5.9% | +19.6% |
| 2015 | $1.1B | -23.5% | -9.9% |
| 2016 | $996.8M | -7.6% | -12.7% |
| 2017 | $1.0B | +1.4% | -10.5% |
| 2018 | $1.3B | +30.1% | +6.8% |
| 2019 | $1.2B | -6.8% | +7.1% |
| 2020 | $1.3B | +6% | +8.7% |
| 2021 | $1.4B | +7.3% | +2% |
| 2022 | $1.4B | +1.5% | +4.9% |
| 2023 | $2.0B | +43.9% | +16.2% |
| 2024 | $1.7B | -17.9% | +6.2% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| Philippines | $788.2M | +8.6% | 9 |
| Viet Nam | $123.7M | +4.7% | 13 |
| Canada | $106.0M | +48.2% | 30 |
| Dominican Republic | $91.0M | -4.7% | 2 |
| Switzerland, Liechtenstein | $66.1M | +32.4% | 20 |
| Pakistan | $53.8M | +242% | 6 |
| Peru | $49.5M | +28.2% | 5 |
| Belgium | $38.7M | +12% | 30 |
| Colombia | $34.1M | +0.1% | 3 |
| Japan | $33.3M | +3.5% | 11 |
| France | $20.0M | +34.3% | 40 |
| Germany | $19.8M | -15.3% | 51 |

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