NAICS Code 111110 Description

This industry comprises establishments primarily engaged in growing soybeans and/or producing soybean seeds.

More Details

NAICS Code 111110 - Soybean Farming is a final level code of the “Agriculture, Forestry, Fishing and Hunting” Sector. There are 170 companies verified as active in this industry in the USA.

Industry Sector

Agriculture, Forestry, Fishing and Hunting

Total Companies


Est. Employment


SBA Size Standard

Annual Revenue Limit of $1,000,000

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Hierarchy Navigation for NAICS Code 111110

Parent Category (less specific)

Industry Examples of NAICS 111110

Common types of examples within NAICS Code 111110 - Soybean Farming are:

  • Soybean farming, field and seed production

Industry Image

Example photo for industry NAICS 111110 - Soybean Farming. This image represents an activity or product found in this industry.


For some business types, there may be a similar industry to NAICS Code 111110 - Soybean Farming that is a better classification match. Establishments engaged in growing soybeans in combination with grain(s) with the soybeans or grain(s) not accounting for one-half of the establishment's agricultural production (value of crops for market) are classified in U.S. NAICS Code - 111191 - Oilseed and Grain Combination Farming..

Industry Executives

Would you like to email executives in NAICS Code 111110 - Soybean Farming? Below are some of the common job titles available to be targeted.

  • Business Development
  • Chairman
  • C-Level
  • Director
  • Engineering
  • Executive Director
  • Facilities
  • Finance
  • Human Resource
  • IT
  • Manager
  • Marketing
  • Manufacturing
  • Operations
  • Owner
  • Partner
  • President
  • Principal
  • Purchasing
  • Sales
  • Vice President

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USA Import, Export, and Balance of Trade

Import (USD)


Export (USD)


Balance of Trade (USD)


Top Countries by U.S. Imports

Canada $86,194,561
India $77,443,814
Kazakhstan $44,653,967
Argentina $34,552,330
Ukraine $27,676,908

Top Countries by U.S. Exports

China $3,119,336,276
Mexico $1,830,146,714
Netherlands $1,270,951,417
Egypt $1,163,541,849
Indonesia $1,005,065,045

Countries With Highest Trade Surplus

China $3,109,861,381
Mexico $1,830,142,372
Netherlands $1,270,640,293
Egypt $1,163,541,849
Indonesia $1,004,967,787

Countries With Highest Trade Deficit

India -$76,543,339
Kazakhstan -$44,653,967
Ukraine -$27,651,908
Serbia -$8,296,909
Uruguay -$6,038,097

U.S. Total Import value for NAICS Code 111110 is $317,980,520. Canada, India, and Kazakhstan accounted for the top imports of Soybeans in 2018.

U.S. Total Export value for this industry is $17,162,765,835. China, Mexico, and Netherlands accounted for the top exports of Soybeans in 2018.

Questions & Answers

  • What is the SBA NAICS 111110 revenue limit?

    Businesses with an annual revenue under $1,000,000 are considered small businesses by SBA.

  • How many active businesses operate in NAICS Code 111110?

    There are 170 verified business locations operating primarily in this industry.