HS Icon Soybean Meal in  Flag Brazil

2020
Exports | Imports
: $5.99B | $1.99M, World Rnk 2 / 108
Flag Rnk 6 / 1202 | World Rnk 133 / 177
Flag Rnk 945 / 1194

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $273M | $535k, Indonesia |  Paraguay


ECONOMIC COMPLEXITY of Brazil
: 0.44, Rnk 47 / 127


PRODUCT COMPLEXITY  IN Soybean Meal
: -1.03, Rnk 846 / 1028

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%).

March 2022

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (March 2021 - March 2022): $230M, (44.5%)

IMPORT GROWTH (February 2021 - March 2022): $-12.2k, (-20.4%)

MAIN EXPORTER (March 2022): Mato Grosso, $203M

MAIN DESTINATION (March 2022): Thailand, $144M

This section shows Soybean Meal's exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Soybean Meal over time.

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Historical Data

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EXPORTS (2020): $5.99B

IMPORTS (2020): $1.99M

NET TRADE (2020): $5.99B

In 2020, Brazil exported $5.99B in Soybean Meal. The main destinations of Brazil exports on Soybean Meal were Indonesia ($795M), Thailand ($771M), Netherlands ($686M), France ($545M), and South Korea ($542M).

In 2020, Brazil imported $1.99M in Soybean Meal, mainly from Paraguay ($1.41M), United States ($490k), Spain ($49.2k), Germany ($33.3k), and Denmark ($2.11k).

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IN 2020, Brazil HAD A POSITIVE NET TRADE IN Soybean Meal WITH:

Flow

THE FASTEST GROWING Soybean Meal EXPORT MARKETS FOR Brazil WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Meal BY Brazil WERE (2019 - 2020):

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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%).