# Record U.S. FY 2022 Agricultural Exports to China | USDA Foreign Agricultural Service

> USDA FAS reported that U.S. agricultural exports to China reached a record $36.4 billion in FY 2022, making China the largest export market for a second consecutive year. Soybeans accounted for a record $16.4 billion, with unit values up 24 percent to $622/ton on drought in South America and war in Ukraine.

- Date: 2023-01-06 · published 2023-01-06T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/14870-record-u-s-fy-2022-agricultural-exports-to-china-usda-foreign-agricultural
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Higher soybean export values driven by price rather than volume signal firm global prices and strong Chinese demand for U.S. soy, supportive for soybean and meal values.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-12-08 | [Export Sales to China and Mexico \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/43568-export-sales-to-china-and-mexico-usda-foreign-agricultural-service.md) | +0.7% | +10.7% |
| SOY | 2024-08-28 | [Export Sales to China, Colombia, and Mexico \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/14724-export-sales-to-china-colombia-and-mexico-usda-foreign-agricultural-service.md) | +4.0% | +8.9% |
| SOY | 2021-08-24 | [Private Exporters Report Sales Activity for China and Mexico \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/45414-private-exporters-report-sales-activity-for-china-and-mexico-usda-foreign.md) | +0.8% | -1.5% |
| SOY | 2026-03-19 | [China: Oilseeds and Products Annual \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/14592-china-oilseeds-and-products-annual-usda-foreign-agricultural-service.md) | +0.9% | +0.2% |
| SOY | 2024-09-05 | [China: Oilseeds and Products Update \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/28419-china-oilseeds-and-products-update-usda-foreign-agricultural-service.md) | -2.6% | +5.0% |
| CORN | 2021-12-08 | [Export Sales to China and Mexico \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/43568-export-sales-to-china-and-mexico-usda-foreign-agricultural-service.md) | -0.3% | -1.0% |
| CORN | 2024-08-28 | [Export Sales to China, Colombia, and Mexico \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/14724-export-sales-to-china-colombia-and-mexico-usda-foreign-agricultural-service.md) | +4.4% | +6.8% |
| CORN | 2024-04-15 | [Export Sales to Mexico \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/30705-export-sales-to-mexico-usda-foreign-agricultural-service.md) | -0.2% | +2.0% |

## Sources

- fas.usda.gov: https://www.fas.usda.gov/data/record-us-fy-2022-agricultural-exports-china

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.