Still, China has to import large amounts of soybeans to meet the domestic demand. A paid subscription is required for full access. As a Premium user you get access to the detailed source references and background information about this statistic. In 2013, soybean was the number 3 export for Bolivia, earning the country $620 million USD, according to MIT data. Planting of soybeans in much of the US starts in May or early June, and harvesting commences in late September to October. During the 2012-2013 growing season, the country produced 2.76 million tons of soybean, and in the 2013-2014 season that production rose to 3.2 million, according to the country’s Ministry of Agriculture. New, Everything you need to know about the industry development, Find studies from all around the internet. During the 2014-2015 season, the country produced 3.9 million metric tons, an increase from the 2013-2014 season, when production was 2.774 million metric tons, according to Commodity Basis. Annual production quantities in that time span have ranged from 66.5 to 94.5 million metric tons. Similarly to the USA, soybean exports from the country account for about 50% of the world's soybean production. The country has over 29 million hectares of land available and used for farming soybean. As soon as this statistic is updated, you will immediately be notified via e-mail. In recent seasons, soybean production has increased as more land is allocated for its cultivation in Paraguay. The demand for good and affordable cooking oil is on the increase due to increase in the number residential houses, hotels, restaurants, fast-food joints, and tertiary institutions in Kaduna State. On the other hand, many individuals live with an allergy to this important legume. You can only download this statistic as a Premium user. By James Karuga on August 30 2018 in Economics. Soybean plantations in Ukraine have also increased in recent years, due to a rise in export demands fort the oil-seed. Please authenticate by going to "My account" → "Administration". Soybeans are also one of the few plants that have a full array of amino acids in their protein compositions to be considered "complete" proteins, on par with meats, milk products, and eggs. At 42 percent market share, it’s also the largest exporter of raw soybeans according to Commodity Basis. Paraguay, accounts for 3 percent of worldwide soybean production according to a 2016 Commodity Basis report. India is Asia’s second largest producer of soybeans, and it accounts for 3.95 percent of global production according to Statista. Explore the archive of production & price information of Soybean Oil, and identify your top Soybean Oil supplier candidates. Please create an employee account to be able to mark statistics as favorites. Production of soybean oil worldwide from 2013/14 to 2019/20, by country (in million metric tons) [Graph]. Then you will be able to mark statistics as favourites and use personal statistics alerts. "Production of soybean oil worldwide from 2013/14 to 2019/20, by country (in million metric tons)." The country accounts for 18 percent of the world’s soybean production. But, in 2015, according to the USDA, Bolivian soya production had dropped to 3.1 million metric tons. Buenos Aires, Cordoba, and Santa Fe are the states where soybeans are grown in largest quantity according to Commodity Basis. Most of the rest is produced in Rajasthan, Andhra Pradesh, Karnataka, Chhattisgarh, and Gujarat.

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