Soya beans — Gross Production Value in Canada

Canada: Soya beans — Gross Production Value was 2.95 million 1000 USD in 2024. ◆ Volatile

Latest (2024)
2.95 million 1000 USD
Change on year
down 14.5%
World rank
6th
of 75 countries
All-time high
3.45 million 1000 USD
in 2023
All-time low
274,511 1000 USD
in 2001
Years of data
34
1991–2024

Soya beans — Gross Production Value in Canada, 1991–2024

01.0M2.0M3.0M1991200720241991: 282.9k 1000 USD1992: 280.5k 1000 USD1993: 416.1k 1000 USD1994: 473.6k 1000 USD1995: 483.8k 1000 USD1996: 552.3k 1000 USD1997: 717.7k 1000 USD1998: 577.4k 1000 USD1999: 492.3k 1000 USD2000: 478.7k 1000 USD2001: 274.5k 1000 USD2002: 437.6k 1000 USD2003: 530.6k 1000 USD2004: 809.5k 1000 USD2005: 716.1k 1000 USD2006: 929.3k 1000 USD2007: 760.8k 1000 USD2008: 1.3M 1000 USD2009: 1.3M 1000 USD2010: 1.7M 1000 USD2011: 2.0M 1000 USD2012: 2.5M 1000 USD2013: 2.6M 1000 USD2014: 2.5M 1000 USD2015: 2.1M 1000 USD2016: 2.3M 1000 USD2017: 2.7M 1000 USD2018: 2.5M 1000 USD2019: 2.0M 1000 USD2020: 2.2M 1000 USD2021: 2.8M 1000 USD2022: 3.4M 1000 USD2023: 3.4M 1000 USD2024: 2.9M 1000 USD

Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.

Analysis

Canada recorded 2.95 million 1000 USD for soya beans — gross production value in 2024.

That represents a change of down 14.5% on the previous year and up 17.7% over ten years.

Over the whole period, soya beans — gross production value in Canada peaked at 3.45 million 1000 USD in 2023 and was at its lowest, 274,511 1000 USD, in 2001.

Canada ranks 6th of 75 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Soya beans — Gross Production Value in Canada, year by year

Annual values for Soya beans — Gross Production Value (current thousand US$) in Canada, 1991 to 2024.
Year 1000 USD Change
1991 282,897 1000 USD —
1992 280,531 1000 USD -0.8%
1993 416,094 1000 USD +48.3%
1994 473,633 1000 USD +13.8%
1995 483,793 1000 USD +2.1%
1996 552,261 1000 USD +14.2%
1997 717,733 1000 USD +30.0%
1998 577,403 1000 USD -19.6%
1999 492,267 1000 USD -14.7%
2000 478,678 1000 USD -2.8%
2001 274,511 1000 USD -42.7%
2002 437,576 1000 USD +59.4%
2003 530,579 1000 USD +21.3%
2004 809,511 1000 USD +52.6%
2005 716,138 1000 USD -11.5%
2006 929,336 1000 USD +29.8%
2007 760,795 1000 USD -18.1%
2008 1.30 million 1000 USD +70.8%
2009 1.29 million 1000 USD -1.0%
2010 1.66 million 1000 USD +28.7%
2011 1.99 million 1000 USD +20.4%
2012 2.52 million 1000 USD +26.2%
2013 2.60 million 1000 USD +3.4%
2014 2.50 million 1000 USD -3.9%
2015 2.13 million 1000 USD -15.0%
2016 2.25 million 1000 USD +5.9%
2017 2.66 million 1000 USD +17.8%
2018 2.54 million 1000 USD -4.5%
2019 1.96 million 1000 USD -22.7%
2020 2.18 million 1000 USD +11.0%
2021 2.77 million 1000 USD +27.1%
2022 3.43 million 1000 USD +24.0%
2023 3.45 million 1000 USD +0.5%
2024 2.95 million 1000 USD -14.5%

Canada compared with similar countries

  • Canada's 2.95 million 1000 USD is above the median for high income countries, which is 63,850 1000 USD, 46.2× the median. (20 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 475,179 1000 USD 280,531 1000 USD 717,733 1000 USD 9
2000s 752,323 1000 USD 274,511 1000 USD 1.30 million 1000 USD 10
2010s 2.28 million 1000 USD 1.66 million 1000 USD 2.66 million 1000 USD 10
2020s 2.95 million 1000 USD 2.18 million 1000 USD 3.45 million 1000 USD 5

Countries ranked near Canada

  1. 4 India 6.43 million 1000 USD compare
  2. 4 Iran (Islamic Republic of) 176,986 1000 USD compare
  3. 5 Paraguay 3.88 million 1000 USD compare
  4. 5 Türkiye 89,158 1000 USD compare
  5. 6 Viet Nam 42,800 1000 USD compare
  6. 7 Russian Federation 2.84 million 1000 USD compare
  7. 7 United Republic of Tanzania 37,728 1000 USD compare
  8. 8 Ukraine 2.54 million 1000 USD compare
  9. 9 Uruguay 2.22 million 1000 USD compare

See the full ranking of 114 places →

More agriculture & rural data for Canada

All data for Canada →

Frequently asked questions

What is soya beans — gross production value in Canada?
Soya beans — gross production value in Canada was 2.95 million 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest soya beans — gross production value recorded in Canada?
The highest recorded value was 3.45 million 1000 USD in 2023.
What is the lowest soya beans — gross production value recorded in Canada?
The lowest recorded value was 274,511 1000 USD in 2001.
How does Canada rank for soya beans — gross production value?
Canada ranks 6th out of 75 countries with data for 2024.
Is soya beans — gross production value rising or falling in Canada?
Over the last ten years it is up 17.7%. The long-run trend across the full record is volatile.
Where does this Canada data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Soya beans — Gross Production Value (current thousand US$). Statizoid updates them automatically from the source API.

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Soya beans — Gross Production Value in Canada. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 01 October 2026, from https://agriculture.statizoid.com/stat/soya-beans-gross-production-value-current-thousand-us/canada/

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About this data

Indicator
Soya beans — Gross Production Value (current thousand US$)
Unit
1000 USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
114 places, 3,567 data points, 1991–2024
Last refreshed

The domain provides detailed data on the value of agricultural production that is calculated by the agricultural production data and the price data at farm gate. Thus, the value of production measures the agricultural production in monetary terms at the farm gate level.