Dhaka, March 4 -- Bangladesh has emerged as an attractive market of soybean, as it has become the 13th-largest nation in terms of the global demand, market insiders said on Friday.

The country's import of soybean, the major raw material of cooking oil as well as poultry, fish and livestock feed, is expected to rise to 2.7 million tonnes in the current fiscal year (FY), 2022-23, from that of 2.1 million tonnes in FY 2022, they added.

Brazil is the country's largest soybean supplier, followed by the US and Argentina.

Amid the attractive growth of Bangladeshi soya market, the US producers are trying to expand their share in the market to beat the top exporter Brazil.

The US soybean producers have emerged as the second largest supplier to...