Introduction
Soybean oil is one of the most widely consumed vegetable oils in the world, used in a variety of food products, industrial applications, and biofuels. As global demand for soybean oil continues to rise, it is essential to understand the top exporting countries that play a significant role in the international soybean oil market. In this report, we will analyze the top 10 soybean oil exporting countries in 2025, highlighting their production volumes, market shares, and key industry insights.
1. Brazil
Overview
Brazil is the world’s largest producer and exporter of soybean oil, accounting for a significant share of the global market. The country’s favorable climate and large agricultural sector make it a powerhouse in soybean oil production. In 2025, Brazil is expected to maintain its leading position as a top soybean oil exporter.
Financial Data
According to industry reports, Brazil exported over 10 million metric tons of soybean oil in 2024, generating billions of dollars in revenue. With increasing demand from countries like China and India, Brazil’s soybean oil exports are projected to grow even further in 2025.
Industry Insights
Brazilian soybean oil companies such as Bunge and Cargill play a significant role in the global market, with a strong presence in key export destinations. The country’s sustainable farming practices and efficient production processes have helped solidify its position as a top soybean oil exporter.
2. United States
Overview
The United States is another major player in the soybean oil market, with a well-established agricultural industry and advanced production technologies. In 2025, the U.S. is expected to maintain its position as one of the top soybean oil exporting countries.
Financial Data
In 2024, the United States exported over 7 million metric tons of soybean oil, generating substantial revenue for the country’s economy. With a strong export infrastructure and strategic trade partnerships, the U.S. is poised to continue its soybean oil exports in 2025.
Industry Insights
Leading soybean oil companies in the United States, such as ADM and Cargill, have a significant presence in the global market. The country’s focus on innovation and sustainability in agriculture has helped drive its soybean oil production and export capabilities.
3. Argentina
Overview
Argentina is a key player in the global soybean oil market, with a strong agricultural sector and export-oriented economy. In 2025, Argentina is expected to maintain its position as one of the top soybean oil exporting countries.
Financial Data
Argentina exported over 5 million metric tons of soybean oil in 2024, contributing significantly to the country’s export earnings. With a focus on expanding its export markets and increasing production efficiency, Argentina is set to grow its soybean oil exports in 2025.
Industry Insights
Leading Argentine soybean oil companies such as Molinos Rio de la Plata and Vicentin have a strong presence in international markets. The country’s competitive pricing and quality standards have helped it become a preferred supplier of soybean oil to global buyers.
4. China
Overview
China is a major importer of soybean oil, with a growing demand for this versatile cooking oil and food ingredient. While not a significant exporter of soybean oil, China plays a crucial role in the global soybean oil market as a key importer.
Financial Data
In 2024, China imported over 8 million metric tons of soybean oil from countries like Brazil, the United States, and Argentina. The country’s increasing consumption of soybean oil is driving its import volumes and supporting international soybean oil producers.
Industry Insights
Chinese soybean oil companies such as COFCO and Sinograin are major players in the domestic market, supplying soybean oil to food processors, restaurants, and consumers. China’s growing population and changing dietary preferences are expected to drive further demand for soybean oil imports in the coming years.
5. India
Overview
India is a significant importer of soybean oil, used in a variety of cooking applications and food products. The country’s large population and expanding food industry make it a key market for soybean oil exporters around the world.
Financial Data
In 2024, India imported over 4 million metric tons of soybean oil, primarily from countries like Argentina, Brazil, and the United States. The country’s demand for soybean oil is driven by its growing food processing sector and changing consumer preferences.
Industry Insights
Indian soybean oil companies such as Ruchi Soya and Adani Wilmar are major players in the domestic market, supplying soybean oil to food manufacturers and consumers. India’s expanding middle class and increasing urbanization are expected to boost soybean oil consumption in the country in the coming years.
6. Netherlands
Overview
The Netherlands is a key player in the global soybean oil market, serving as a major hub for soybean oil processing and distribution in Europe. The country’s strategic location and advanced logistics infrastructure make it an important player in the international soybean oil trade.
Financial Data
In 2024, the Netherlands exported over 2 million metric tons of soybean oil, primarily to European markets and beyond. The country’s well-developed trade networks and efficient supply chains support its soybean oil export capabilities.
Industry Insights
Leading Dutch soybean oil companies such as Cargill and Bunge have a strong presence in the global market, supplying high-quality soybean oil to food manufacturers and industrial users. The Netherlands’ focus on sustainability and product innovation has helped it maintain its position as a top soybean oil exporter.
7. Germany
Overview
Germany is a major importer and consumer of soybean oil, used in a variety of food products and industrial applications. While not a significant exporter of soybean oil, Germany plays a crucial role in the global soybean oil market as a key importer.
Financial Data
In 2024, Germany imported over 1 million metric tons of soybean oil, primarily from countries like the Netherlands, Brazil, and Argentina. The country’s strong food processing industry and high demand for vegetable oils support its soybean oil import volumes.
Industry Insights
German soybean oil companies such as C. Thywissen and Deoleo GmbH are major players in the domestic market, supplying soybean oil to food manufacturers and consumers. Germany’s focus on quality standards and product safety has made it a preferred destination for soybean oil imports.
8. Malaysia
Overview
Malaysia is a key player in the global soybean oil market, known for its palm oil production and processing capabilities. The country’s strong export infrastructure and strategic trade partnerships make it a significant exporter of soybean oil to international markets.
Financial Data
In 2024, Malaysia exported over 1 million metric tons of soybean oil, primarily to countries in Asia and the Middle East. The country’s efficient palm oil refineries and logistical networks support its soybean oil export volumes.
Industry Insights
Leading Malaysian soybean oil companies such as Sime Darby and IOI Corporation have a strong presence in the global market, supplying high-quality soybean oil to food manufacturers and industrial users. Malaysia’s focus on sustainable palm oil production practices has helped it maintain its position as a top soybean oil exporter.
9. Russia
Overview
Russia is a significant player in the global soybean oil market, with a growing agricultural sector and export capabilities. The country’s vast land resources and improving production technologies make it a key exporter of soybean oil to international markets.
Financial Data
In 2024, Russia exported over 1 million metric tons of soybean oil, primarily to markets in Europe and Asia. The country’s expanding soybean oil production and export volumes are supported by government policies and investment in the agricultural sector.
Industry Insights
Russian soybean oil companies such as Sodruzhestvo and OOO Maslozavod have a strong presence in the global market, supplying soybean oil to food manufacturers and industrial users. Russia’s focus on increasing agricultural productivity and modernizing its farming practices has helped it become a competitive player in the soybean oil market.
10. Paraguay
Overview
Paraguay is a growing player in the global soybean oil market, known for its expanding agricultural sector and export capabilities. The country’s fertile land and favorable climate make it an attractive destination for soybean oil production and trade.
Financial Data
In 2024, Paraguay exported over 500,000 metric tons of soybean oil, primarily to markets in South America and beyond. The country’s increasing soybean oil production and export volumes are supported by trade agreements and investments in the agricultural sector.
Industry Insights
Paraguayan soybean oil companies such as Cargill and ADM have a growing presence in the global market, supplying soybean oil to food manufacturers and industrial users. Paraguay’s focus on sustainable farming practices and expanding export markets are expected to drive further growth in its soybean oil exports in the coming years.
Conclusion
In conclusion, the top 10 soybean oil exporting countries in 2025 play a crucial role in the global soybean oil market, contributing to the supply chain and meeting the growing demand for this versatile vegetable oil. With increasing consumption of soybean oil in food products, industrial applications, and biofuels, these countries are expected to continue their strong export performance and drive the growth of the soybean oil industry in the years ahead.
