Argentina, Brazil. Soybean oil is an oil extracted from soybean, which is often called "soybean salad oil" and is one of the most commonly used edible oils. The countries that can get soybean oil are Argentina and Brazil. Since most of China's imported soybean oil comes from Argentina, Brazil and other soybean producing countries and Russia and other surrounding areas, 202 1 China imported more soybean oil from Argentina and Brazil.