U.S. Soybean Export Council report shows the United States exported 68.7 million metric tons (MMT) of soy products during the 2024/25 marketing year, marking a 12.8% increase from the previous year and nearly 3% above the five-year average, according to data from the U.S. Department of Agriculture’s Global Agricultural Trade System.
This growth was driven by gains across all major soy categories: whole soybeans rose 10.7% to 51.2 MMT, soybean meal exports hit a record 16.3 MMT, up 13.9%, and soybean oil surged 304% to 1.1 MMT.
Jim Sutter, CEO of the U.S. Soybean Export Council, credited the strong performance to ample production capacity and expanding global demand. “Growth across the Americas, Middle East and North Africa, South Asia and Southeast Asia continue to expand and reinforce the importance of broad-based demand for high-quality, sustainable protein,” he said.
Top growth markets over the past five years include Turkey, Vietnam, Venezuela, Colombia and Bangladesh, with Turkey’s gains linked to resolved market access issues and Venezuela’s to rising poultry consumption.
Sutter noted that increasing protein consumption in emerging markets is driving demand for U.S. Soy, supported by technical expertise provided by the council. The rise in soybean meal exports has helped absorb increased domestic crush capacity, with key destinations including the Philippines, Mexico, Colombia and Canada.
Soybean oil exports also grew sharply, led by India, Mexico and Colombia. Sutter emphasized that despite ongoing trade uncertainties, global demand for U.S. Soy remains strong. “As a source of high-quality, sustainable nutrition, U.S. Soy is an excellent solution to help meet the demand, enabling sustainable food and nutrition security,” he said.
The U.S. Soybean Export Council continues to work worldwide to promote the benefits and sourcing of U.S. Soy.
