NAICS Code 311224 - Soybean and Other Oilseed Processing

Industry Sector

Manufacturing

Total Companies

33

Verified Companies

22

Est. Employment

9,442

Annual Payroll

$565,721,000

Total Revenue

$39,716,527,000

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Description

This U.S. industry comprises establishments primarily engaged in crushing oilseeds and tree nuts, such as soybeans, cottonseeds, linseeds, peanuts, and sunflower seeds. Examples of products produced in these establishments are oilseed oils, cakes, meals, and protein isolates and concentrates.

Snapshot

NAICS Code 311224 - Soybean and Other Oilseed Processing is a final level code of the “Manufacturing” Sector. There are 22 companies verified as active in this industry in the USA with an estimated employment of 9,442 people.

Industry Examples

Common types of examples within NAICS Code 311224 - Soybean and Other Oilseed Processing are:

  • Canola (rapeseed) oil, cake and meal, made in crushing mills
  • Castor oil and pomace made in crushing mills
  • Coconut oil made in crushing mills
  • Cottonseed oil, cake and meal, made in crushing mills
  • Flaxseed oil made in crushing mills
  • Lecithin, cottonseed, made in crushing mills
  • Lecithin, soybean, made in crushing mills
  • Linseed oil, cake and meal, made in crushing mills
  • Olive oil made in crushing mills
  • Palm-kernel oil, cake, and meal made in crushing mills
  • Peanut cake, meal, and oil made in crushing mills
  • Rapeseed (i.e., canola) oil made in crushing mills
  • Safflower oil made in crushing mills
  • Shortening made in crushing mills
  • Soybean cakes and meal manufacturing
  • Soybean flour and grits manufacturing
  • Soybean millfeed made in oil mills
  • Soybean oil mills
  • Soybean oil, cake, and meal, made in crushing mills
  • Soybean oil, crude, manufacturing
  • Soybean oil, deodorized, made in oil mills
  • Soybean oil, refined, made in crushing mills
  • Soybean protein concentrates made in crushing mills
  • Soybean protein isolates made in crushing mills
  • Sunflower seed oil, cake and meal, made in crushing mills
  • Tree nut oils (e.g., tung, walnut) made in crushing mill
  • Vegetable oils made in crushing mills

Industry Image

Example photo for industry NAICS 311224 - Soybean and Other Oilseed Processing . This image represents an activity or product found in this industry.

Cross-References

For some business types, there may be a similar industry to NAICS Code 311224 - Soybean and Other Oilseed Processing that is a better classification match. Establishments primarily engaged in:

Companies

SICCODE.com compiles comprehensive business data and executive contact leads for businesses within NAICS Code 311224 - Soybean and Other Oilseed Processing . Some of the leading and most notable companies are listed below. To order a list of companies within NAICS Code 311224 - Soybean and Other Oilseed Processing for marketing (postal mailing, telemarketing, emailing) or analytics-use, click on the link below to “Buy Business List”. Our data analysts are standing by to assist in your list setup and target marketing.

Industry Executives

Would you like to email executives in NAICS Code 311224 - Soybean and Other Oilseed Processing ? 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

For specific job title targeting, please provide details in the business list request form.

Executive Email List

USA Import, Export, and Balance of Trade

Import (USD)

$7,464,715,923

Export (USD)

$7,565,675,005

Balance of Trade (USD)

$100,959,082

Top Countries by U.S. Imports

Canada $2,669,982,993
Indonesia $1,065,739,265
Spain $571,081,318
Italy $563,995,227
Philippines $535,972,661

Top Countries by U.S. Exports

Mexico $909,191,952
Philippines $897,198,468
Canada $813,843,247
Colombia $580,544,512
Vietnam $324,376,338

Countries With Highest Trade Surplus

Mexico $755,422,827
Colombia $565,928,389
Philippines $361,225,807
Dominican Republic $321,952,187
Vietnam $311,425,507

Countries With Highest Trade Deficit

Canada -$1,856,139,746
Indonesia -$924,041,334
Italy -$511,871,572
Malaysia -$469,771,199
Spain -$426,016,563

U.S. Total Import value for NAICS Code 311224 is $7,464,715,923. Canada, Indonesia, and Spain accounted for the top imports of Soybean Oil & Other Oilseed in 2018.

U.S. Total Export value for this industry is $7,565,675,005. Mexico, Philippines, and Canada accounted for the top exports of Soybean Oil & Other Oilseed in 2018.

Questions & Answers

  • What is the largest size for a business in Soybean and Other Oilseed Processing to remain classified as a small business?

    Any business in Soybean and Other Oilseed Processing with under 1,000 employees may be classified as a small business by SBA and Federal government programs.

  • How many active businesses operate in NAICS Code 311224?

    There are 22 verified business locations operating primarily in this industry.

  • What was the total revenue for NAICS Code 311224?

    In 2017 the total revenue for Soybean and Other Oilseed Processing was $39,716,527,000

  • What was the annual payroll for NAICS Code 311224?

    In 2017 the annual payroll for Soybean and Other Oilseed Processing was $565,721,000

  • How many people work in NAICS Code 311224?

    The number of reported paid employees is 9,442.