You produce the soybeans; we get them overseas by expanding exports to new and growing markets. We partner with the U.S. Soybean Export Council (USSEC) to leverage checkoff and non-checkoff resources in the quest to maintain and expand markets around the world. Get the latest news on each region from USSEC.
The Americas region is home to a population of 303 million and represents 6 percent of the world GDP with an average GDP growth of 3.5 percent. Mexico and Canada are key stable markets and Ecuador, Colombia and Venezuela are key growth markets for U.S. Soy. The other countries are stable markets, although U.S. Soy faces increasing competition from South American soy. Read about ISA's 2019 trade mission to Colombia and Panama.
South & Southeast Asia
South Asia is home to over 1.8 billion people, accounting for nearly 24% of the Earth’s population, and this enormous consumer base is becoming more affluent and demanding more protein. Meanwhile, Southeast Asia’s economy is the sixth largest in the world. Find more insightS in this story from ISA's 2019 trade mission to Myanmar.
Northeast Asia & Greater China
Long-term relationships define U.S. Soy’s presence in Japan, as the U.S. soy industry has maintained a constant presence in that country since 1956. A staggering 1.424 billion soy consumers reside in the Greater China Region and it boasts a growing middle class that is improving and diversifying its diet with an increased consumption of vegetable and animal protein and vegetable oils derived from soy. Read about the challenges being tackled and relationships being maintained in this story about ISA's trade mission to Japan and China.
With a population of 850 million people, the region represents 27% of the world’s GDP. Europe represents 11% of U.S. soybean and soymeal exports at 6,500,00 MT (238 million bushels). The 10 countries of Germany, Spain, France, the Netherlands, Italy, United Kingdom, Denmark, Portugal, Turkey and Russia import over 150,000 MT of U.S. Soy. U.S. East Coast exports to Europe are strong. The U.S. Soy industry holds a competitive advantage in the Greater Europe region because of its work in the area of sustainability, which is of increasing importance to the European food and feed industry. Read about ISA's 2018 European trade mission.
Middle East/North Africa
The MENA region is home to 380 million people or 6 percent of the global population. The regional GDP is 4.5 percent of the world’s GDP with wide geographic swings. The countries of Egypt, Tunisia, Morocco, Saudi Arabia and Israel import over 150,000 metric tons of U.S. Soy and the region represents 4 percent of total U.S. Soy exports. Egypt is the most important market for the U.S. Soy industry in the region as it approaches 1 million tons of imported U.S. Soy. Read more about ISA's 2018 trade mission to Egypt or get the latest MENA news from USSEC.
ISA regularly publishes stories about current export outlooks the industry's market development efforts in countries around the world. Stay up-to-date on the latest demand stories impacting your operation by visiting the ISA newsroom.