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Monday, Jul 27, 2026

Are U.S. soybeans being exported to China in record numbers?


no

While U.S. soybean exports to China rose after a weak 2025, the rebound is far from record-breaking. 

U.S. soybean exports to China fell from 26.8 million metric tons in 2024 to 7.2 million in 2025, a 73% decline (USDA). China, formerly the top buyer, bought none in September 2025 in retaliation against U.S. tariffs, but resumed purchases in October after a trade truce. But even if China had fulfilled its late-2025 soybean purchase commitments, U.S. soybean exports to China that year would still be 32% below 2024 levels (EconoFact). 

U.S. soybean exports were 10.3 million metric tons from January through May 2026. While this was a 74% increase over the 5.9 million metric tons during the same period in 2025, the 2.2 million metric tons exported in March 2026 was not a record high; for example, exports were 5.5 million metric tons in January 2023, during Biden’s term.

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