Introduction
Soybean oil is one of the most widely used vegetable oils in the world, with China being a major player in its production and export. In this report, we will explore the top 10 soybean oil export companies in China, providing insights into their operations, financial performance, and market position.
1. Wilmar International Ltd.
Overview
Wilmar International Ltd. is a leading agribusiness group headquartered in Singapore, with a significant presence in China. The company is involved in the processing and distribution of soybean oil, among other agricultural products.
Financial Data
Wilmar International Ltd. reported a revenue of US$44.7 billion in 2020, with a net profit of US$1.3 billion. The company’s soybean oil segment contributed significantly to its overall performance.
2. Cofco Corporation
Overview
Cofco Corporation is a state-owned enterprise in China, engaged in the production and distribution of agricultural products, including soybean oil. The company has a strong presence in the domestic and international markets.
Financial Data
Cofco Corporation reported a total revenue of US$39.3 billion in 2020, with a net profit of US$1.1 billion. The company’s soybean oil exports play a crucial role in its overall financial performance.
3. Sinograin Oils Corporation
Overview
Sinograin Oils Corporation is a major player in the Chinese soybean oil industry, with a focus on processing and exporting high-quality products to global markets. The company has a strong reputation for reliability and quality.
Financial Data
Sinograin Oils Corporation reported a revenue of US$28.6 billion in 2020, with a net profit of US$890 million. The company’s soybean oil exports continue to drive its growth and profitability.
4. Jiusan Oils & Grains Industries Group
Overview
Jiusan Oils & Grains Industries Group is a leading soybean oil producer in China, known for its innovative products and sustainable practices. The company has a strong presence in both domestic and international markets.
Financial Data
Jiusan Oils & Grains Industries Group reported a total revenue of US$24.8 billion in 2020, with a net profit of US$780 million. The company’s commitment to quality and sustainability has helped it maintain a competitive edge in the industry.
5. Bohai Grains & Oils Industrial Co., Ltd.
Overview
Bohai Grains & Oils Industrial Co., Ltd. is a well-established soybean oil producer in China, known for its wide range of products and strong distribution network. The company has a solid reputation for quality and reliability.
Financial Data
Bohai Grains & Oils Industrial Co., Ltd. reported a revenue of US$20.5 billion in 2020, with a net profit of US$650 million. The company’s soybean oil exports have been a key driver of its financial performance.
6. Hopefull Grain & Oil Group
Overview
Hopefull Grain & Oil Group is a prominent player in the Chinese soybean oil industry, with a focus on sustainable practices and innovative products. The company has a strong presence in both domestic and international markets.
Financial Data
Hopefull Grain & Oil Group reported a total revenue of US$18.9 billion in 2020, with a net profit of US$600 million. The company’s commitment to sustainability and quality has helped it maintain a competitive position in the market.
7. Yihai Kerry Arawana Holdings Co., Ltd.
Overview
Yihai Kerry Arawana Holdings Co., Ltd. is a leading soybean oil producer in China, with a strong focus on innovation and quality. The company has a diverse product portfolio and a well-established distribution network.
Financial Data
Yihai Kerry Arawana Holdings Co., Ltd. reported a revenue of US$16.7 billion in 2020, with a net profit of US$530 million. The company’s soybean oil exports have been a significant contributor to its financial performance.
8. Chinatex Corporation
Overview
Chinatex Corporation is a state-owned enterprise in China, with a strong presence in the soybean oil industry. The company is known for its quality products and reliable supply chain.
Financial Data
Chinatex Corporation reported a total revenue of US$14.2 billion in 2020, with a net profit of US$450 million. The company’s soybean oil exports continue to drive its growth and profitability.
9. Jiusan Group
Overview
Jiusan Group is a well-established player in the Chinese soybean oil industry, with a focus on sustainable practices and quality products. The company has a strong reputation for reliability and customer satisfaction.
Financial Data
Jiusan Group reported a revenue of US$12.6 billion in 2020, with a net profit of US$400 million. The company’s soybean oil exports play a crucial role in its overall financial performance.
10. COFCO International Ltd.
Overview
COFCO International Ltd. is a global agribusiness company with a significant presence in the Chinese soybean oil market. The company is known for its quality products and strong distribution network.
Financial Data
COFCO International Ltd. reported a total revenue of US$10.8 billion in 2020, with a net profit of US$340 million. The company’s soybean oil exports have been a key driver of its financial performance.
In conclusion, the top 10 soybean oil export companies in China play a crucial role in the global soybean oil market, with a strong focus on quality, innovation, and sustainability. These companies continue to drive growth and profitability through their commitment to excellence in product development and distribution.
