HS Icon Soybean Meal in  Flag Brazil

2019
Exports | Imports
: $5.9B | $1.5M, World Rnk 2 / 107
Flag Rnk 7 / 1199 | World Rnk 137 / 173
Flag Rnk 989 / 1196

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $81.5M | $876k, Iran |  Paraguay

2019
ECONOMIC COMPLEXITY of Brazil
: 0.58, Rnk 44 / 147

2019
PRODUCT COMPLEXITY  IN Soybean Meal
: -1.12, Rnk 865 / 1029

Exports In 2019, Brazil exported $5.9B in Soybean Meal, making it the 2nd largest exporter of Soybean Meal in the world. At the same year, Soybean Meal was the 7th most exported product in Brazil. The main destination of Soybean Meal exports from Brazil are: Netherlands ($913M), Thailand ($631M), France ($601M), Germany ($551M), and Indonesia ($521M).

The fastest growing export markets for Soybean Meal of Brazil between 2018 and 2019 were Iran ($81.5M), United Kingdom ($67.4M), and Japan ($63M).

Imports In 2019, Brazil imported $1.5M in Soybean Meal, becoming the 137th largest importer of Soybean Meal in the world. At the same year, Soybean Meal was the 989th most imported product in Brazil. Brazil imports Soybean Meal primarily from: Paraguay ($876k), United States ($528k), and Spain ($90.5k).

The fastest growing import markets in Soybean Meal for Brazil between 2018 and 2019 were Paraguay ($876k) and United States ($238k).

Tariffs In 2017, the average tariff for Brazil in Soybean Meal was 5.75%. The countries with the highest import tariffs for Soybean Meal were Angola (Most Favoured Nation duty rate treatement, 6%), Burundi (Most Favoured Nation duty rate treatement, 6%), Benin (Most Favoured Nation duty rate treatement, 6%), Burkina Faso (Most Favoured Nation duty rate treatement, 6%), and Botswana (Most Favoured Nation duty rate treatement, 6%).

Historical Data

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EXPORTS (2019): $5.9B

IMPORTS (2019): $1.5M

NET TRADE (2019): $5.9B

In 2019, Brazil exported $5.9B in Soybean Meal. The main destinations of Brazil exports on Soybean Meal were Netherlands ($913M), Thailand ($631M), France ($601M), Germany ($551M), and Indonesia ($521M).

In 2019, Brazil imported $1.5M in Soybean Meal, mainly from Paraguay ($876k), United States ($528k), and Spain ($90.5k).

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IN 2019, Brazil HAD A POSITIVE NET TRADE IN Soybean Meal WITH:

IN 2019, Brazil HAD A NEGATIVE NET TRADE IN Soybean Meal WITH:: Paraguay , -$863k ($13k - $876k)

Flow

THE FASTEST GROWING Soybean Meal EXPORT MARKETS FOR Brazil WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Meal BY Brazil WERE (2018 - 2019):

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Market Concentration

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In 2019, Brazil's main exporting competitors in Soybean Meal were:

In 2019, Brazil's main importing competitors in Soybean Meal were:

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Tariffs by Country

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In 2017, the average tariff for Brazil in Soybean Meal was 5.75%.

The countries with the highest tariffs for Soybean Meal in Brazil were Angola (Most Favoured Nation duty rate treatement, 6%), Burundi (Most Favoured Nation duty rate treatement, 6%), Benin (Most Favoured Nation duty rate treatement, 6%), Burkina Faso (Most Favoured Nation duty rate treatement, 6%), and Botswana (Most Favoured Nation duty rate treatement, 6%).