2021
Exports | Imports
$7.5B | $2.34MWorld Rnk 2 / 119
Flag Rnk 6 / 1202
World Rnk 135 / 176
Flag Rnk 950 / 1196
2021
ECONOMIC COMPLEXITY of Brazil
0.33Rnk 49 / 131
2021
PRODUCT COMPLEXITY IN Soybean Meal
-1.27Rnk 897 / 1024

About

Exports In 2021, Brazil exported $7.5B 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: Thailand ($1.04B), Indonesia ($858M), Netherlands ($843M), South Korea ($646M), and France ($570M).

The fastest growing export markets for Soybean Meal of Brazil between 2020 and 2021 were Vietnam ($292M), Thailand ($270M), and Iran ($195M).

Imports In 2021, Brazil imported $2.34M in Soybean Meal, becoming the 135th largest importer of Soybean Meal in the world. At the same year, Soybean Meal was the 950th most imported product in Brazil. Brazil imports Soybean Meal primarily from: Paraguay ($1.75M), United States ($452k), Germany ($98.3k), and Spain ($34.4k).

The fastest growing import markets in Soybean Meal for Brazil between 2020 and 2021 were Paraguay ($339k) and Germany ($65k).

Latest Trends

December 2023

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2022 - December 2023)$444M(79.4%)
IMPORT GROWTH (September 2022 - December 2023)$-201k(-67%)
MAIN EXPORTER (December 2023)Mato Grosso$480M
MAIN DESTINATION (December 2023)Iran$167M

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

Trade Balance

Color
EXPORTS (2021)$7.5B
IMPORTS (2021)$2.34M
NET TRADE (2021)$7.5B

In 2021, Brazil exported $7.5B in Soybean Meal. The main destinations of Brazil exports on Soybean Meal were Thailand ($1.04B), Indonesia ($858M), Netherlands ($843M), South Korea ($646M), and France ($570M).

In 2021, Brazil imported $2.34M in Soybean Meal, mainly from Paraguay ($1.75M), United States ($452k), Germany ($98.3k), and Spain ($34.4k).

Explore Visualizations

Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Soybean Meal EXPORT MARKETS FOR Brazil WERE (2020 - 2021):
Vietnam$292M (111%)
Thailand$270M (35%)
Iran$195M (280%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Meal BY Brazil WERE (2020 - 2021):
Turkey-$145M (-81.3%)
Switzerland-$35.3M (-90.6%)
China-$7.16M (-100%)

Change in Exports by Market (2020 - 2021)

Market Concentration

View
Flow
Type
In 2021, Brazil's main exporting competitors in Soybean Meal were:
In 2021, Brazil's main importing competitors in Soybean Meal were:

Explore Visualizations

Trade Value of Soybean Meal by Exporters

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