Exports In 2020, Brazil exported $5.99B in Soybean Meal, making it the 2nd largest exporter of Soybean Meal in the world. At the same year, Soybean Meal was the 6th most exported product in Brazil. The main destination of Soybean Meal exports from Brazil are: Indonesia ($795M), Thailand ($771M), Netherlands ($686M), France ($545M), and South Korea ($542M).
The fastest growing export markets for Soybean Meal of Brazil between 2019 and 2020 were Indonesia ($273M), Turkey ($154M), and Thailand ($139M).
Imports In 2020, Brazil imported $1.99M in Soybean Meal, becoming the 133rd largest importer of Soybean Meal in the world. At the same year, Soybean Meal was the 945th most imported product in Brazil. Brazil imports Soybean Meal primarily from: Paraguay ($1.41M), United States ($490k), Spain ($49.2k), Germany ($33.3k), and Denmark ($2.11k).
The fastest growing import markets in Soybean Meal for Brazil between 2019 and 2020 were Paraguay ($535k), Germany ($33.3k), and Denmark ($2.11k).
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%).