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Official data Source: US Census Bureau international trade data Data through August 2026 · updated monthly

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HS 1201.90

Soybeans, other than seed

In short

  • The US imported $317.6M of this product over the 12 months to August 2026, down 21% on the year before.
  • Canada is the largest supplier, with 50.7% of US imports; Argentina is next, with 33.1%.
  • Canada is the cheapest main supplier before and after freight and duty, landing at $0.52/kg.
  • Duty paid averaged 3.6% of the value of imports in August 2026, down 2.3 points on a year earlier.
  • Ukraine is gaining share: 17.0% over the last 12 months, up from 13.5%.
  • US exports were $18.41B over the last 12 months; the largest market is China, with 29.6%.

US imports, Aug 2026

$25.0M

↓ −49% vs Aug 2025

Last 12 months

$317.6M

↓ −21% vs the 12 months before

Average duty paid

3.6%

↓ −2.3 pts vs Aug 2025

Top supplier

Canada

50.7% of US imports

US imports by month

The last 13 months, so the same month a year ago is on the left. August 2026 is highlighted.

Aug2025SepOctNovDecJan2026FebMarAprMayJunJulAug
Show the numbers
MonthUS imports
August 2025$49.3M
September 2025$24.8M
October 2025$27.9M
November 2025$24.3M
December 2025$28.6M
January 2026$17.5M
February 2026$16.5M
March 2026$27.3M
April 2026$26.4M
May 2026$22.0M
June 2026$31.4M
July 2026$45.9M
August 2026$25.0M

What changed

  • US imports were $25.0M in August 2026, down 45% from July 2026 and down 49% from August 2025.
  • Over the 12 months to August 2026 they totalled $317.6M, down 21% on the 12 months before.
  • Biggest moves in market share since July 2026: Canada up from 33.1% to 50.7%, Argentina down from 49.8% to 33.1%.
  • Average price from Ukraine fell 8.3% since July 2026, to $0.56/kg.
  • Duty paid by the main suppliers held within 2 points of July 2026.

US trade by year

US imports were $317.6M in the 12 months to Aug 2026, down 8.6% on the 12 months to Aug 2017. US exports were $18.41B, down 22%.

2017201820192020202120222023202420252026
Show the numbers
PeriodUS imports
12 months to Aug 2017$347.3M
12 months to Aug 2018$330.0M
12 months to Aug 2019$222.7M
12 months to Aug 2020$238.4M
12 months to Aug 2021$349.7M
12 months to Aug 2022$398.9M
12 months to Aug 2023$521.6M
12 months to Aug 2024$341.3M
12 months to Aug 2025$400.5M
12 months to Aug 2026$317.6M
  • Canada
  • Argentina
  • Ukraine
  • Turkey
  • All countries
Share of US imports
Show the numbers
PeriodCanadaArgentinaUkraineTurkey
12 months to Aug 201720.9%12.3%6.2%30.3%
12 months to Aug 201826.5%11.7%6.2%6.1%
12 months to Aug 201925.0%15.0%14.2%0.0%
12 months to Aug 202029.5%26.0%6.0%0.1%
12 months to Aug 202123.7%15.8%14.9%0.0%
12 months to Aug 202227.0%21.3%14.9%13.5%
12 months to Aug 202314.3%19.1%2.2%7.5%
12 months to Aug 202438.4%13.1%1.2%9.8%
12 months to Aug 202544.3%26.0%13.5%11.2%
12 months to Aug 202645.1%25.1%17.0%5.5%
Duty paid, % of value
Show the numbers
PeriodCanadaArgentinaUkraineTurkeyAll countries
12 months to Aug 20170.0%0.0%0.0%0.0%0.0%
12 months to Aug 20180.0%0.0%0.0%0.0%0.0%
12 months to Aug 20190.0%0.0%0.0%n/a0.1%
12 months to Aug 20200.0%0.0%0.0%0.0%0.2%
12 months to Aug 20210.0%0.0%0.0%n/a0.2%
12 months to Aug 20220.0%0.0%0.0%0.0%0.2%
12 months to Aug 20230.0%0.0%0.0%0.0%0.1%
12 months to Aug 20240.0%0.0%0.0%0.0%0.2%
12 months to Aug 20250.0%4.1%2.8%1.1%1.8%
12 months to Aug 20260.0%10.0%0.8%1.8%3.4%
PeriodUS importsDuty paidUS exports
12 months to Aug 2026$317.6M−21%3.4%+1.6 pts$18.41B−18%
12 months to Aug 2025$400.5M+17%1.8%+1.6 pts$22.43B−7.6%
12 months to Aug 2024$341.3M−35%0.2%0.0 pts$24.28B−25%
12 months to Aug 2023$521.6M+31%0.1%−0.1 pts$32.46B−1.9%
12 months to Aug 2022$398.9M+14%0.2%+0.1 pts$33.08B+18%
12 months to Aug 2021$349.7M+47%0.2%−0.1 pts$28.00B+70%
12 months to Aug 2020$238.4M+7.1%0.2%+0.1 pts$16.51B−1.7%
12 months to Aug 2019$222.7M−33%0.1%+0.1 pts$16.80B−24%
12 months to Aug 2018$330.0M−5.0%0.0%0.0 pts$22.24B−5.8%
12 months to Aug 2017$347.3M0.0%$23.62B

Who supplies the US

August 2026. Small figures under each value are the change from August 2025. Landed cost by origin, below, adds freight and duty to the price.

CountryUS importsShareAverage priceDuty paidLast 13 months
Canada$12.7M50.7%+19.3 pts$0.51/kg+23%0.0%0.0 pts
Argentina$8.3M33.1%−12.2 pts$0.53/kg−2.3%9.8%−0.2 pts
Ukraine$3.4M13.5%+11.9 pts$0.56/kg−0.5%0.0%−10.0 pts
Paraguay$283K1.1%new$0.67/kg0.0%
China$168K0.7%+0.4 pts$1.74/kg+14%37.5%−17.5 pts
Uruguay$160K0.6%−0.1 pts$0.66/kg+59%12.5%+2.5 pts
Taiwan$49K0.2%0.0 pts$2.56/kg−3.9%10.0%0.0 pts
Korea, South$6K0.0%0.0 pts$11.04/kg−29%12.5%+2.5 pts
Austria$2K0.0%new$1.36/kg10.0%
All countries$25.0M100.0%$0.53/kg+9.5%3.6%−2.3 pts

The 3 largest suppliers had 87.2% of US imports over the last 12 months.

Landed cost by origin

What importers paid to land this product at a US port from each main supplier, June–August 2026: the price, freight and insurance to the first US port, and duty, per unit. Suppliers with 3% or more of these imports, cheapest landed first. Small figures under landed cost are the change from the same months a year earlier.

  • Price
  • Freight and insurance
  • Duty
CountryPriceFreight and insuranceDutyLanded costMake-up
Canada$0.51/kg$0.01/kg1.1% of price$0.00/kg0.0% of price$0.52/kg+23%
Ukraine$0.59/kg$0.05/kg8.6% of price$0.00/kg0.7% of price$0.65/kg−10%
Turkey$0.60/kg$0.05/kg8.7% of price$0.00/kg0.0% of price$0.66/kg+16%
Argentina$0.57/kg$0.05/kg8.8% of price$0.06/kg10.0% of price$0.67/kg+7.7%
All countries$0.55/kg$0.03/kg6.1% of price$0.03/kg4.7% of price$0.61/kg+15%

Landed at a US port, Canada was cheapest, at $0.52/kg: 20.1% below Ukraine.

Landed cost from Canada rose 23% on a year earlier, to $0.52/kg, mostly on price: $0.41/kg then, $0.51/kg now.

How the market is shifting

Ukraine gained the most share: 17.0% of US imports over the last 12 months, up from 13.5% in the 12 months before. Turkey lost the most: 5.5%, down from 11.2%. The charts show September 2024 to August 2026 for the 4 largest suppliers over the last 12 months.

  • Canada
  • Argentina
  • Ukraine
  • Turkey
  • All countries
Share of US imports
Show the numbers
MonthCanadaArgentinaUkraineTurkey
September 202418.3%66.8%0.0%9.8%
October 202495.2%1.3%0.0%0.0%
November 202463.8%31.6%0.0%0.0%
December 202457.1%19.7%3.6%1.4%
January 202557.0%10.9%28.6%0.0%
February 202550.0%5.9%43.4%0.0%
March 202579.5%0.0%7.6%11.1%
April 202529.8%33.4%0.0%35.9%
May 202535.9%0.0%52.0%0.0%
June 202584.4%0.0%11.6%0.0%
July 202533.2%34.5%5.2%25.3%
August 202531.4%45.3%1.6%17.0%
September 202523.4%31.3%13.3%12.2%
October 202534.7%47.9%0.0%0.0%
November 202568.5%0.0%0.0%31.1%
December 202550.2%16.6%0.0%0.0%
January 202676.6%0.0%21.6%0.0%
February 202668.6%26.5%3.9%0.0%
March 202644.9%0.0%54.1%0.0%
April 202644.0%7.3%47.6%0.0%
May 202636.9%10.6%49.5%0.0%
June 202638.8%44.8%1.9%11.9%
July 202633.1%49.8%8.8%7.1%
August 202650.7%33.1%13.5%0.0%
Duty paid, % of value
Show the numbers
MonthCanadaArgentinaUkraineTurkeyAll countries
September 20240.0%0.0%n/a0.0%0.1%
October 20240.0%0.0%n/an/a0.5%
November 20240.0%0.0%n/an/a0.3%
December 20240.0%0.0%0.0%0.0%0.2%
January 20250.0%0.0%0.0%n/a0.2%
February 20250.0%0.0%0.0%n/a0.1%
March 20250.0%n/a0.0%0.0%0.3%
April 20250.0%0.0%n/a0.0%0.1%
May 20250.0%n/a4.4%n/a2.6%
June 20250.0%n/a6.0%n/a0.8%
July 20250.0%10.0%10.0%0.0%4.3%
August 20250.0%10.0%10.0%5.6%5.9%
September 20250.0%10.0%10.0%0.0%4.9%
October 20250.0%10.0%n/an/a6.0%
November 20250.0%10.0%n/a4.1%1.4%
December 20250.0%10.0%n/an/a5.2%
January 20260.1%n/a0.0%n/a0.8%
February 20260.0%10.0%0.0%n/a2.9%
March 20260.0%n/a0.0%n/a0.3%
April 20260.0%10.0%0.2%n/a1.2%
May 20260.0%10.0%0.0%n/a1.6%
June 20260.0%10.0%10.0%0.0%5.0%
July 20260.0%10.0%0.0%0.0%5.2%
August 20260.0%9.8%0.0%n/a3.6%

Where it enters the US

Main ports of entry over the 12 months to August 2026: US imports and share.

  1. Beaufort-Morehead City, NC$67.9M · 21.4%
  2. Pembina, ND$63.7M · 20.0%
  3. Baton Rouge, LA$59.4M · 18.7%
  4. Port Huron, MI$32.9M · 10.3%
  5. Gramercy, LA$25.6M · 8.1%

Where US exports go

US exports were $703.3M in August 2026, down 33% from August 2025, and $18.41B over the last 12 months, down 18% on the 12 months before. Fastest-growing market with 3% or more of US exports: Indonesia, up 34%.

MarketLast 12 monthsSharevs 12 months before
China$5.45B29.6%−45%
Mexico$2.23B12.1%+0.4%
Egypt$2.06B11.2%+34%
Indonesia$1.26B6.9%+34%
Japan$1.13B6.2%+12%
Taiwan$659.7M3.6%−10.0%
Germany$628.8M3.4%−36%
Vietnam$558.6M3.0%+1.3%
Other countries (56)$4.42B24.0%−0.3%
All countries$18.41B100.0%−18%

Markets abroad

Each country's own import figures for this product, from UN Comtrade: the 8 biggest importers outside the US in the latest year each has reported, what they bought from the US, and the change from the year before. Values usually include freight and insurance to the importer's border, so they run a little above US export figures. Countries report a year or more late; 119 have reported 2025 so far. Where a country's figure for imports from the US is under half or over double what the US recorded exporting there that year, the US figure is shown under it.

MarketImportsvs year beforeFrom the USUS share
China$50.41Bin 2025−4.4%$7.73BUS records $3.00B15.3%
Argentina$2.24Bin 2025−31%$00.0%
Egypt$2.18Bin 2025+9.8%$1.86B85.2%
Thailand$1.92Bin 2025−0.5%$246.2M12.8%
Japan$1.79Bin 2025−6.0%$1.18B66.2%
Turkey$1.74Bin 2025−1.3%$457.4M26.2%
Germany$1.55Bin 2025−12%$963.8M62.1%
Spain$1.40Bin 2025−16%$520.6M37.3%

The biggest market outside the US is China, which imported $50.41B of this product in 2025, 15.3% of that from the US by its own count; the US records $3.00B of exports there.

The US supplies 85.2% of imports into Egypt and 66.2% into Japan, but under 10% into Argentina.

Other products under heading 1201: soybeans, whether or not broken. US trade over the 12 months to August 2026.

ProductUS importsUS exports
Soybean seedHS 1201.10$12.6M$45.3M
About these figures
  • Source: US Census Bureau international trade data, not seasonally adjusted, in US dollars. Retrieved November 3, 2026.
  • US imports are general imports at customs value, which excludes freight and insurance. Exports are at free-alongside-ship value.
  • Average price is customs value divided by quantity (kilograms), across all of the product's 10-digit lines.
  • Duty paid is the duty Census calculates on each country's imports for consumption, as a share of their value. It moves with tariff changes, exemptions and the mix of goods within the product.
  • Landed cost adds Census's import charges (freight, insurance and other costs of bringing the goods to the first US port) and calculated duty to the customs value, per unit, across the product's 10-digit lines. It leaves out antidumping and countervailing duties, customs fees and transport inland. Prices are averages across the goods within the code, so a lower one can mean cheaper goods, not the same goods for less.
  • Markets abroad are each country's imports as it reports them to UN Comtrade, in US dollars, usually including freight and insurance. Countries report a year or more late and in their own edition of the HS codes, so one still on an older edition is missing for codes that changed in 2022.
  • Census revises recent months, so figures can change slightly. These are estimates for research and planning, not customs or legal advice.

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