Third Largest Soybean-Producing Country in the World – Argentina
Argentina is the third largest producer of soybeans in the world, after Brazil and the United States. In 2021, Argentina produced 50 million metric tons of soybeans, which accounted for 16% of global production. The majority of soybeans produced in Argentina are exported, with the United States and China being the two largest export markets. Argentina’s soybean industry is centered in the Pampas region, which is a vast area of fertile grasslands that is well-suited for soybean production.
Aspect |
Details |
---|---|
Country |
Argentina |
Rank in Soybean Production |
3rd |
Soybean Production in 2022 |
43.9 million metric tonnes |
Percentage of Global Production |
Around 10-15% |
Leading Soybean Producing Regions |
Buenos Aires, Santa Fe, Córdoba |
Main Export Destinations |
China, European Union, Vietnam, Egypt |
Major Challenges |
Economic instability, currency fluctuations, export taxes, infrastructure limitations |
List of Top 10 Largest Soybean-Producing Countries in the World
The Top 10 Largest Soybean-Producing Countries in the world are Brazil, the USA, Argentina, China, India, Canada, Russia, Paraguay, Bolivia, and Ukraine. These 10 countries accounted for over 80% of the world’s soybean production in 2024. Brazil and the United States are the two largest soybean-producing countries in the world, together accounting for over 65% of global production. In 2024, the world produced 368.6 million metric tons of soybeans.
In this article, we will look into the list of the top 10 largest soybean-producing countries in the world along with their contribution to the global output.
Table of Content
- About the Top 10 Largest Soybean-Producing Countries in the World
- List of Top 10 Largest Soybean-Producing Countries in the World
- Largest Soybean-Producing Country in the World – Brazil
- Second Largest Soybean-Producing Country in the World – USA
- Third Largest Soybean-Producing Country in the World – Argentina
- Fourth Largest Soybean-Producing Country in the World – China
- Fifth Largest Soybean-Producing Country in the World – India
- Sixth Largest Soybean-Producing Country in the World – Canada
- Seventh Largest Soybean-Producing Country in the World – Russia
- Eighth Largest Soybean-Producing Country in the World – Paraguay
- Ninth Largest Soybean-Producing Country in the World – Bolivia
- Tenth Largest Soybean-Producing Country in the World – Ukraine