Soybean oil is widely used as a cooking oil globally and is extracted from soybean seeds using chemical solvents or mechanical pressing. It is rich in several bioactive compounds and essential fatty acids, which are considered good for human health.
Although historically native to East Asia, Soybean oil is grown worldwide because of its wide climate range and soil resilience, thanks to modern breeding methods.
According to the United States Department of Agriculture (USDA), global soybean oil production is 73.6 million metric tons in the 2025/2026 marketing year (MY). This article includes annual production volume, global and regional output share, year-over-year change, and 10-year growth for each of the 10 largest soybean oil producers in the world.
Here are the leading soybean oil producers by country in 2025/2026:
10 countries that lead soybean oil production in MY 2025/2026 as per USDA
| Country | Total Production (Metric Tons) | % Share of Global Production |
|---|---|---|
 China | 21.8 Million | 29.6% |
 United States | 13.93 Million | 18.9% |
 Brazil | 12.76 Million | 17.3% |
 Argentina | 8.58 Million | 11.7% |
 European Union | 2.85 Million | 3.9% |
 India | 1.8 Million | 2.4% |
 Mexico | 1.28 Million | 1.7% |
 Russia | 1.18 Million | 1.6% |
 Egypt | 887,000 | 1.2% |
 Paraguay | 722,000 | 0.98% |
1. China
The largest producer of soybean oil, China, contributes 29.6% to global production and 95.08% to the East Asia region in the current marketing year. According to the latest USDA data, the country’s annual output reached 21.8 million metric tons in MY 2025/2026 (October-September). In MY 2024/2025, China’s soybean oil output was 20.1 million metric tons.
- Soybean oil historical production trends (MY 2016-2025):
- 10-year average production: 17.56 million metric tons
- Compound average growth: 3%
- Year-over-year change: 8%
2. United States
Total soybean oil production in the United States totaled 13.93 million metric tons during the marketing year (MY) 2025/2026. With a global share of 18.9%, the US is the second-largest soybean oil producer after China. In North America alone, the US accounts for 90.27% of soybean oil production. In MY 2024/2025, the US’s soybean oil output was around 13.25 million metric tons.
- Soybean oil historical production trends:
- 10-year average production: 11.77 million metric tons
- Compound average growth: 3%
- Year-over-year change: 5%
3. Brazil
According to the United States Department of Agriculture, Brazil's overall soybean oil production is 12.76 million metric tons in MY 2025/2026 (October-September). With a 17.3% share of global production, Brazil is the third-largest soybean oil-producing country. Moreover, the South American country represents 56.86% of regional soybean oil production. In MY 2024/2025, Brazil’s soybean oil output was estimated at 11.84 million metric tons.
- Soybean oil historical production trends (MY 2016-2025):
- 10-year average production: 9.98 million metric tons
- Compound average growth: 5%
- Year-over-year change: 8%
4. Argentina
Argentina produced 8.58 million metric tons of soybean oil in 2025/26, which is 11.7% of worldwide output in MY 2025/2026 (October-September), according to USDA estimates. In South America, Argentina produces 36.79% of soybean oil. The previous marketing year, however, recorded a slightly lower production of 8.63 million metric tons.
- Soybean oil historical production trends (MY 2016-2025):
- 10-year average production: 7.74 million metric tons
- Compound average growth: 0.22%
- Year-over-year change: -54%
5. European Union
Soybean oil output in the European Union reached 2.85 million metric tons during the 2025/2026 marketing year (MY). It constitutes 3.9% of global soybean oil production volume. The EU’s overall soybean oil output was 2.93 million metric tons in MY 2024/2025.
- Soybean oil historical production trends (MY 2016-2025):
- 10-year average production: 2.84 million metric tons
- Compound average growth: 0.69%
- Year-over-year change: -3%
6. India
India produced 1.8 million metric tons of soybean oil, accounting for 2.4% of global production in 2025/2026. According to the USDA, India accounts for 62.89% of soybean oil output in South Asia. However, the previous marketing year recorded higher soybean oil production of 2.03 million metric tons.
- Soybean oil historical production trends (MY 2016-2025):
- 10-year average production: 1.73 million metric tons
- Compound average growth: 1%
- Year-over-year change: -12%
7. Mexico
Mexico recorded 1.28 million metric tons in marketing year (MY) 2025/2026 (September-August), accounting for 1.7% of the world’s soybean oil production. This accounts for 7.74% of the production in all of North America. Mexico produced 1.23 million metric tons of soybean oil in MY 2024/2025.
- Soybean oil historical production trends (MY 2016-2025):
- 10-year average production: 1.14 million metric tons
- Compound average growth: 4%
- Year-over-year change: 4%
8. Russia
According to the USDA, Russia is the eighth-largest soybean oil-producing country in the world. In MY 2025/2026, its output reached 1.18 million metric tons, representing 1.6% of the world’s total production. Of all former Soviet Union nations, Russia generates 64.08% of soybean oil. In MY 2024/25, the nation's soybean oil output was 1.12 million metric tons.
- Soybean oil historical production trends (MY 2016-2025):
- 10-year average production: 929,300 metric tons
- Compound average growth: 4%
- Year-over-year change: 6%
9. Egypt
In MY 2025/2026 (October-September), Egypt recorded 887,000 metric tons of soybean oil production. Contributing 1.2% of global soybean output and 62.76% of North Africa's, Egypt is one of the leading soybean oil-producing countries. Its total soybean oil production was 824,000 metric tons in MY 2024/2025.
- Soybean oil historical production trends (MY 2016-2025):
- 10-year average production: 665,400 metric tons
- Compound average growth: 9%
- Year-over-year change: 8%
10. Paraguay
Paraguay's total soybean oil production is around 722,000 metric tons in the marketing year (MY) 2025/2026 (January-December). The country accounts for 0.98% of global soybean oil production and 2.93% in South America. In MY 2024/2025, Paraguay’s overall soybean oil output was 703,000 metric tons.
- Soybean oil historical production trends (MY 2016-2025):
- 10-year average production: 656,000 metric tons
- Compound average growth: -0.04%
- Year-over-year change: 3%
