– Soybean Oil Production refers to the total quantity of oil produced from processed soybeans within a country during a specified period, measured in tonnes.
Argentina Soybean Oil Production was 5,276 Thousand Tonnes in 2023, down 29.2% on 2022. The Argentina Soybean Oil Production dataset provides a comprehensive assessment of the country's soybean oil manufacturing performance and the development of its edible oil processing industry between 2015 and 2023.
Argentina Soybean Oil Production moved from 7,896 Thousand Tonnes in 2015 to 5,276 Thousand Tonnes in 2023 (−33.2%), an average of −4.9% a year. The series high was 8,671 Thousand Tonnes in 2016 and the low 5,276 Thousand Tonnes in 2023.
The gap between the series high (2016) and low (2023) is 3,395 Thousand Tonnes. The sharpest single-year move was −29.2% in 2023.
Among the 34 countries in this dataset, Argentina ranks 4 for 2023, behind China (17,815 Thousand Tonnes) and U.S. (12,227 Thousand Tonnes). It accounts for 8.8% of the global total in 2023.
Full series
Complete annual series with year-on-year change. Values are reported in Thousand Tonnes.
Scroll the table sideways to see all columns.
| Year | Thousand Tonnes | Change vs prior year |
|---|---|---|
| 2023 Trough | 5,276 | −29.2% |
| 2022 | 7,448 | −11.3% |
| 2021 | 8,392 | +17.2% |
| 2020 | 7,160 | −11.4% |
| 2019 | 8,081 | +11.5% |
| 2018 | 7,249 | −10.1% |
| 2017 | 8,066 | −7% |
| 2016Peak | 8,671 | +9.8% |
| 2015 | 7,896 | — |
Regional context
Soybean Oil Production by country, 2023, Thousand Tonnes. Argentina is highlighted.
Data definition
Soybean Oil Production — – Soybean Oil Production refers to the total quantity of oil produced from processed soybeans within a country during a specified period, measured in tonnes. The indicator reflects the scale of soybean processing and edible oil manufacturing and is used to assess agricultural processing capacity, oilseed utilization, and the performance of the vegetable oil industry. The data presented by Our World in Data is based on statistics from the Food and Agriculture Organization (FAO).
The data includes the annual production of soybean oil extracted from soybeans through mechanical pressing and solvent extraction processes. It covers crude and refined soybean oil produced for human consumption, food manufacturing, industrial applications, and export. The figures represent domestic production compiled from official agricultural and food processing statistics and standardized by the FAO to ensure international comparability across countries and years.
The data excludes soybean cultivation and production, soybean meal, biodiesel production, other vegetable oils (such as palm, sunflower, rapeseed, or olive oil), soy-based food products, imports and exports of soybean oil, and stock changes. It also excludes informal or unrecorded production not captured in official agricultural statistics and losses occurring during storage, transportation, or distribution after production.
Soybean Oil Production — – Soybean Oil Production refers to the total quantity of oil produced from processed soybeans within a country during a specified period, measured in tonnes. The indicator reflects the scale of soybean processing and edible oil manufacturing and is used to assess agricultural processing capacity, oilseed utilization, and the performance of the vegetable oil industry. The data presented by Our World in Data is based on statistics from the Food and Agriculture Organization (FAO).
Measured in Million Tonnes, the dataset serves as an important benchmark for evaluating oilseed processing capacity, agricultural productivity, soybean utilization, food manufacturing output, supply chain efficiency, and the overall development of Argentina's edible oil sector. Based on the validated data, Argentina experienced considerable fluctuations in soybean oil production during the study period, reflecting variations in soybean availability and processing activity. Production increased from 7.90 million tonnes in 2015 to 8.67 million tonnes in 2016, before declining to 8.07 million tonnes in 2017 and 7.25 million tonnes in 2018. Output recovered to 8.08 million tonnes in 2019, declined to 7.16 million tonnes in 2020, and increased again to 8.39 million tonnes in 2021. Production fell to 7.45 million tonnes in 2022 and declined further to 5.28 million tonnes in 2023, the lowest level recorded during the study period. Overall, the dataset highlights a volatile production pattern, with significant year-to-year changes and a sharp contraction in the latest year despite Argentina's continued importance as a major soybean-processing country. The dataset provides valuable insights into production trends, edible oil manufacturing performance, and agricultural value addition within Argentina's soybean processing sector. It supports year-over-year analysis, benchmarking against other major soybean oil-producing countries, and evaluation of long-term industry developments. Policymakers, soybean processors, edible oil manufacturers, agricultural producers, exporters, investors, market analysts, and researchers can use the dataset to assess production performance, monitor industry trends, identify investment opportunities, forecast future soybean oil output, improve processing efficiency, strengthen supply chain resilience, and develop evidence-based strategies that support sustainable long-term growth across Argentina's edible oil and soybean value chain.
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Definition – Soybean Oil Production refers to the total quantity of oil produced from processed soybeans within a country during a specified period, measured in tonnes. The indicator reflects the scale of soybean processing and edible oil manufacturing and is used to assess agricultural processing capacity, oilseed utilization, and the performance of the vegetable oil industry. The data presented by Our World in Data is based on statistics from the Food and Agriculture Organization (FAO).
Argentina Soybean Oil Production was 5,276 Thousand Tonnes in 2023, down 29.2% on 2022.
Argentina Soybean Oil Production moved from 7,896 Thousand Tonnes in 2015 to 5,276 Thousand Tonnes in 2023 (−33.2%), an average of −4.9% a year. The series high was 8,671 Thousand Tonnes in 2016 and the low 5,276 Thousand Tonnes in 2023.
The highest value was 8,671 Thousand Tonnes in 2016 and the lowest was 5,276 Thousand Tonnes in 2023.
Included: The data includes the annual production of soybean oil extracted from soybeans through mechanical pressing and solvent extraction processes. It covers crude and refined soybean oil produced for human consumption, food manufacturing, industrial applications, and export. The figures represent domestic production compiled from official agricultural and food processing statistics and standardized by the FAO to ensure international comparability across countries and years. Excluded: The data excludes soybean cultivation and production, soybean meal, biodiesel production, other vegetable oils (such as palm, sunflower, rapeseed, or olive oil), soy-based food products, imports and exports of soybean oil, and stock changes. It also excludes informal or unrecorded production not captured in official agricultural statistics and losses occurring during storage, transportation, or distribution after production.
The series is sourced from Our World in Data (https://ourworldindata.org/explorers/global-food?time=2023&pickerSort=asc&Food=Soybean+oil&Metric=Production&Per+capita=false&country=USA~DEU~FRA~GBR~BRA~ZAF%3BhideControls). It covers 2015–2023 and is reported in Thousand Tonnes.
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