In 2024, Argentina solidified its position as the world’s leading exporter of soybean meal, shipping over $12 billion worth of high-protein livestock feed. The top five destinations include Vietnam ($1.53B), Indonesia ($1.3B), Poland ($757M), Spain ($712M), and Malaysia ($615M), with other countries accounting for $7.086B.

This vital commodity supports the global livestock and poultry sectors, playing a critical role in food production. However, climate variability and growing competition may challenge Argentina’s dominance in the future.

In 2024, Argentina’s top export product was soybean meal, a high-protein feed ingredient derived from processed soybeans.

The top five countries importing Argentine soybean meal were:

Vietnam: $1.53 billion

Indonesia: $1.3 billion

Poland: $757 million

Spain: $712 million

Malaysia: $615 million

The remaining exports, totaling approximately $7.086 billion, were distributed among various other countries.

Can Argentina sustain its leadership in feeding the world’s livestock? Share your thoughts below!