In 2022, the output of soybeans in Uruguay is close to 3 million tons, with an average value of 550-600 USD/ton. It is estimated that the export of soybeans in Uruguay will exceed USD 1.6 billion in 2022, an increase of 80% compared with 2021. The figure is very close to the record of USD 1875 million set by Uruguay in 2013. According to the official report, in case of no fundamental change in the current international conditions, in consideration of the export and price, the export of soybeans in Uruguay will reach the maximum in 2022.