Soybean oil export forecast by country 2033/34

This statistic shows the export volume of soybean oil worldwide in 2022/23, by country, and provides a projection until 2033/34. Argentina is the largest exporter of soybean oil and is expected to see over a 40 percent increase by 2033/34. Brazil's exports are expect to see a decrease of about 1.2 million metric tons by 2033/34.

Export volume forecast of soybean oil worldwide from 2022/23 to 2033/34, by country (in million metric tons)

Characteristic	Argentina	Brazil	Other South America	European Eunion**	Former Soviet Union-12	United States	Other foreign
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Release date

February 2024

More information

Region

Worldwide

Survey time period

2022/23

Supplementary notes

* Projections as of October 2023.
** Excludes intra‐EU trade.

Projections only include policies in place or already expected to be implemented as of October 2023.
Support to assist producers affected by the coronavirus pandemic in 2020 are not included in forecast calculations.

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