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AgricultureGlobal Aggregate

Soybean Oil Productionby Country

– Soybean Oil Production refers to the total quantity of oil produced from processed soybeans within a country during a specified period, measured in tonnes.

Global Soybean Oil ProductionThousand Tonnes · 2015–2023

ChinaChina: 17,81517,815U.S.U.S.: 12,22712,227BrazilBrazil: 10,89110,891ArgentinaArgentina: 5,2765,276IndiaIndia: 2,0932,093MexicoMexico: 993.8993.8GermanyGermany: 606.5606.5SpainSpain: 579.4579.4
65,00060,00055,00050,0002015: 50,799Trough2016: 53,3562017: 56,7842018: 56,7522019: 60,8302020: 58,6012021: 61,271Peak2022: 59,0542023: 59,91120152017201920212023
America: 31,022Asia: 23,012Europe: 4,410Africa: 1,460Oceania: 7.805regions
America31,022
Asia23,012
Europe4,410
Africa1,460
Oceania7.80
Source: Our World in DataLast updated: July 2026

What Global Soybean Oil Production shows

Global Soybean Oil Production was 59,911 Thousand Tonnes in 2023, up 1.5% on 2022. Global Soybean Oil Production was 59,911 Thousand Tonnes in 2023, up 1.5% on 2022. Global Soybean Oil Production moved from 50,799 Thousand Tonnes in 2015 to 59,911 Thousand Tonnes in 2023 (+17.9%), an average of +2.1% a year.

Trend

Higher over the period

Global Soybean Oil Production moved from 50,799 Thousand Tonnes in 2015 to 59,911 Thousand Tonnes in 2023 (+17.9%), an average of +2.1% a year. The series high was 61,271 Thousand Tonnes in 2021 and the low 50,799 Thousand Tonnes in 2015.

Volatility

A 17.1% peak-to-trough swing

The gap between the series high (2021) and low (2015) is 10,472 Thousand Tonnes. The sharpest single-year move was +7.2% in 2019.

Structure

China leads among 34 countries covered

Of the 34 countries in this dataset, China, U.S. and Brazil have the highest values in 2023 (17,815, 12,227, 10,891 Thousand Tonnes respectively).

Country ranking

Soybean Oil Production by country, 2023

Thousand Tonnes. Sort by any column, or search for a country.

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Soybean Oil Production by country, 2023.
Rank↕ Country↕ Share of top Thousand Tonnes↕ vs 2022
1 China
17,815 +5.4%
2 U.S.
12,227 +2.6%
3 Brazil
10,891 +24.1%
4 Argentina
5,276 −29.2%
5 India
2,093 −12.8%
6 Mexico
993.8 −0.1%
7 Germany
606.5 −1.9%
8 Spain
579.4 +2.9%
9 Netherlands
532.2 −7.5%
10 Italy
501.2 +21.2%
11 Thailand
494.8 −5.8%
12 Japan
494 −8.4%
13 Taiwan
458.9 −1.2%
14 Egypt
394.1 −41.4%
15 Canada
329.9 −5.5%
16 Turkey
328.3 −3.5%
17 South Africa
322.9 +7.7%
18 Vietnam
222.7 −3.9%
19 South Korea
193.2 −3.2%
20 UK
161.5 +4.4%
21 Nigeria
140.5 +5.2%
22 Colombia
117.5 −36.1%
23 Malaysia
102 −3.7%
24 France
102 +30.1%
25 Saudi Arabia
89.20 −31.4%
26 Israel
51.20 −10.6%
27 Philippines
24.00 −11.2%
28 Chile
9.80 −5.8%
29 UAE
9.40 −2.1%
30 Australia
7.80 +13%
31 Singapore
3.60 −2.7%
32 Finland
3.40 −24.4%
33 Sweden
2.51 −15.5%
34 Denmark
1.60 +88.9%

By region

Soybean Oil Production by region

Thousand Tonnes, 2023. Each bar is that region's total.

America
31,022
Asia
23,012
Europe
4,410
Africa
1,460

Full series

Global Soybean Oil Production by year

Complete annual series with year-on-year change. Values are reported in Thousand Tonnes.

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Global Soybean Oil Production, 2015–2023, Thousand Tonnes.
YearThousand TonnesChange vs prior year
2023 59,911 +1.5%
2022 59,054 −3.6%
2021Peak 61,271 +4.6%
2020 58,601 −3.7%
2019 60,830 +7.2%
2018 56,752 −0.1%
2017 56,784 +6.4%
2016 53,356 +5%
2015 Trough50,799 —

Data definition

Inclusions and exclusions

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).

Inclusions

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.

Exclusions

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.

About this indicator

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 series high was 61,271 Thousand Tonnes in 2021 and the low 50,799 Thousand Tonnes in 2015. The gap between the series high (2021) and low (2015) is 10,472 Thousand Tonnes. The sharpest single-year move was +7.2% in 2019. Of the 34 countries in this dataset, China, U.S. and Brazil have the highest values in 2023 (17,815, 12,227, 10,891 Thousand Tonnes respectively).

Indicator
Soybean Oil Production
Region
Global
Unit
Thousand Tonnes
Coverage
2015–2023, annual
Category
Agriculture
Last updated
July 2026
Source
Our World in Data

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Frequently asked questions

What is Global Soybean Oil Production?

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).

What was Global Soybean Oil Production in 2023?

Global Soybean Oil Production was 59,911 Thousand Tonnes in 2023, up 1.5% on 2022.

How has Global Soybean Oil Production changed between 2015 and 2023?

Global Soybean Oil Production moved from 50,799 Thousand Tonnes in 2015 to 59,911 Thousand Tonnes in 2023 (+17.9%), an average of +2.1% a year. The series high was 61,271 Thousand Tonnes in 2021 and the low 50,799 Thousand Tonnes in 2015.

Which year had the highest and lowest Global Soybean Oil Production?

The highest value was 61,271 Thousand Tonnes in 2021 and the lowest was 50,799 Thousand Tonnes in 2015.

What does the Global Soybean Oil Production data include and exclude?

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.

Where does the Global Soybean Oil Production data come from?

The series is sourced from Our World in Data (https://ourworldindata.org/explorers/global-food?time=2023&country=USA~DEU~FRA~GBR~BRA~ZAF%3BhideControls&Food=Soybean+oil&Metric=Production&Per+capita=false). It covers 2015–2023 and is reported in Thousand Tonnes.

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