The volume of soya beans sold by Canada in 2020 was 4,431,767 metric tons. In 2019 Canada sold 4,012,913 tonnes of soya beans. In 2019 alone, the interest in Canada soya beans (cereals/grains category) has decreased, changing by -27.089 percent compared to the year 2018. Between 2017 and 2019, soya beans' exports went down by -13.94 percent netting Canada US$1,547.81m for the year 2019. Canada's soya beans exports are classified as:
- Soya beans, whether or not broken (HS code 120100)
- Soya bean seed, for sowing (HS code 120110)
- Soya beans, whether or not broken (excluding seed for sowing) (HS code 120190)
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Kanada sojabohnen export values
In 2019, Canada shipped soya beans valued at 1,547.81m USD, a reduction of -30.35% from 2018's total soya beans export of 2222.223m USD. The annual change in value of Canada soya beans between 2017 to 2018 was 15.749%.
The yearly change in the volume of Canada's soya beans exports between 2017 and 2019 was -13.94 percent compared to a variation of -27.089% in the period between 2018 and 2019.
Canada's portion of the world's total soya beans' exports in 2019 was less than 1%. Canada is ranked position 32 in world exports of soya beans.
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Export markets for Kanada sojabohnen ( in '000$ )
Canada's top export markets for soya beans are Iran, Bangladesh, Italy, Belgium and US.
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Import/Export Trends
Canada is a net importer of soya beans. The annual growth of Canada soya beans in value between 2015 to 2019 was 45%, per annum, while annual growth in quantity for the same period was -7%, per annum.
Canada purchased 600,438 tonnes of soya beans in 2019.
Production
The production of soya beans in Canada was 18,135,300 tonnes in 2019 and is projected to change by an average of -18.49%.
The country had approximately 6,811,500.00 hectares under soya beans cultivation.
