Soybeans

Soybeans are oilseed legumes classified under grains and oilseeds. They are traded as a raw agricultural commodity for feed and oil production.

Prices, specifications and international trade for soybeans under HS 120190.

Soybeans Price

$443USD/t

Published reference · Jul 1, 2026

Soybeans Historical Unit Values

Soybeans is quoted in USD/t at BRA. Historical customs values may differ from the headline reference.

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Soybeans Exports and Imports

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Brazil led reported soybeans exports in 2025, at $43.5B.

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Soybeans Facts and HS Code

Soybeans belongs to oilseeds within grains, oilseeds, oils and feed. Its customs classification covers HS 120190.

Soybeans HS Code

Product typeRaw
Position in the chainPrimary
CategoryOilseeds — Grains, oilseeds, oils and feed
HS codes120190
Quoted inUSD/t
Reference locationBRA

Uses & Risks

Soybeans uses, related products and documented risks.

Sourcing risks

RiskMitigation
Regulatory compliance
PolicyHigh

Importing soybeans may require adherence to health and safety standards, import permits, and other regulations, creating a risk of shipment delays or rejections if compliance is incomplete.

Verify applicable regulations in advance, secure necessary permits, and ensure documentation meets customs requirements.
Supplier fraud
FraudMedium

Misrepresentation of soybean origin or quality by suppliers can lead to financial loss and product quality issues.

Use verified trade data platforms, conduct supplier due diligence, and employ third‑party inspections.

Soybeans Questions

What defines soybeans as a commodity beyond seed form?
Soybeans classified under HS code 120190 refer to the beans themselves, whether whole or broken, but not to the seed stage. This category includes the edible grain used for oil extraction and protein meals.
How should soybeans be stored to maintain quality?
Soybeans should be kept in a dry, cool environment, protected from moisture and pests. Proper ventilation and sealed containers help preserve their oil content and prevent spoilage.