Table 09: Soybean Oil: World Supply and Distribution


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Table 09: Soybean Oil: World Supply and Distribution

Thousand Metric Tons
Date Created 07/12/2017 12:03:34 PM

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	2013/14	2014/15	2015/16	2016/17	Jun 2017/18	Jul 2017/18
Production	nr	nr	nr	nr	nr	nr
China	12,335	13,347	14,515	15,501	16,397	16,576
United States	9,131	9,706	9,956	10,006	10,260	10,260
Argentina	6,785	7,687	8,433	8,800	8,760	8,760
Brazil	7,070	7,760	7,630	7,960	8,060	8,060
European Union	2,546	2,660	2,888	2,812	2,964	2,926
India	1,566	1,386	1,025	1,600	1,690	1,690
Russia	609	654	726	806	851	851
Other	5,204	6,003	6,343	6,760	7,219	7,214

Total	45,246	49,203	51,516	54,245	56,201	56,337

Imports	nr	nr	nr	nr	nr	nr
India	1,804	2,815	4,269	3,700	4,100	4,100
Bangladesh	442	508	639	830	750	750
Algeria	629	631	732	715	740	740
China	1,353	773	586	620	550	500
Morocco	444	432	465	475	485	485
Peru	355	395	382	400	420	420
Egypt	230	480	674	400	400	400
Colombia	288	304	372	375	385	385
Iran	551	421	299	300	310	310
Mexico	201	253	282	290	300	300
Other	2,957	3,026	2,929	3,088	3,187	3,145

Total	9,254	10,038	11,629	11,193	11,627	11,535

Exports	nr	nr	nr	nr	nr	nr
Argentina	4,087	5,094	5,697	5,600	5,800	5,800
Brazil	1,378	1,510	1,550	1,400	1,475	1,475
United States	852	914	1,017	1,089	1,043	1,043
European Union	766	1,010	915	850	900	900
Paraguay	650	690	682	730	735	735
Russia	332	423	431	480	500	500
Bolivia	371	389	385	320	380	380
Other	1,007	1,059	1,015	1,178	1,174	1,159

Total	9,443	11,089	11,692	11,647	12,007	11,992

Domestic Consumption	nr	nr	nr	nr	nr	nr
China	13,650	14,200	15,250	16,000	16,850	16,950
United States	8,576	8,600	9,145	8,890	9,276	9,275
Brazil	5,705	6,265	6,290	6,560	6,665	6,665
India	3,300	4,100	5,300	5,400	5,800	5,800
Argentina	2,844	2,401	2,831	3,020	3,005	3,005
European Union	1,990	2,065	2,305	2,305	2,310	2,255
Mexico	890	1,001	1,050	1,130	1,160	1,160
Bangladesh	551	668	785	1,005	1,000	1,000
Egypt	462	762	960	760	890	850
Algeria	590	640	700	720	760	760
Iran	600	660	720	755	760	760
Morocco	440	445	460	480	490	490
Pakistan	107	242	415	435	500	490
Colombia	340	380	440	460	480	480
Korea, South	440	435	440	445	450	450
Other	4,803	5,002	5,030	5,201	5,503	5,530

Total	45,288	47,866	52,121	53,566	55,899	55,920

Ending Stocks	nr	nr	nr	nr	nr	nr
United States	529	841	765	951	978	1,040
China	965	778	533	544	545	570
Argentina	151	365	270	450	315	405
India	420	521	512	412	402	402
Brazil	386	382	237	297	277	277
Other	1,457	1,307	1,209	1,097	1,036	1,017

Total	3,908	4,194	3,526	3,751	3,553	3,711

Most countries are on an October/September Marketing Year (MY). Mexico is on a September/August MY. Peru is on an January/December MY and Paraguay and Bolivia are on a March/February MY.