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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.