COMMODITY
India’s exports of soybean meal decline 11% in 2024-25 oil marketing year
Oct-30-2025

Soybean Processors Association of India (SOPA) in its report said that India’s exports of soybean meal fell by 11 per cent to 20.23 lakh tonnes during the oil marketing year 2024-25 (October 2024 to September 2025) amid low demand for Indian soybean meal in the international market. Germany, France, Nepal, Bangladesh, and Kenya emerged as the top importers of Indian soybean meal in the oil marketing year 2024-25. 

About 55 per cent of India's total soybean meal exports during the period under review were sent to these five countries. India's soybean meal exports stood at 22.75 lakh tonnes during the 2023-24 oil marketing year (October 2023 to September 2024).

The prices of Indian soybean meal remained higher compared to other major exporters countries like United States, Brazil and Argentina. This has led to reduced demand for Indian soybean meal.

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