U.S. Soy Exports Continued to Grow in Marketing Year 2024/25

The United States exported 68.7 million metric tons (MMT) of U.S. Soy (whole soybeans, soybean meal and soybean oil) during marketing year (MY) 2024/25. That represents a 12.8% increase year-over-year (YOY) and a 2.95% gain over the 5-year average, according to data from the U.S. Department of Agriculture Global Agricultural Trade System (USDA GATS).  

This increase is supported by export expansion across all three categories:

• Whole beans up 10.7% YOY at 51.2 MMT.
• Soybean meal up 13.9% YOY at 16.3 MMT (record exports in this category).
• Soybean oil up 304% YOY at 1.1 MMT.

“With ample production and supply capacity, the United States remains well positioned to meet both domestic and global demand for whole soybeans, soybean meal and soybean oil.” said Jim Sutter, Chief Executive Officer for the U.S. Soybean Export Council (USSEC).

“When it comes to U.S. Soy exports, trade flows continue to shift across regions, yet global demand remains strong and increasingly diversified,” Sutter added. “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.”