2021
Exports | Imports
$39B | $385MWorld Rnk 1 / 138
Flag Rnk 2 / 1202
World Rnk 25 / 190
Flag Rnk 113 / 1196
2021
ECONOMIC COMPLEXITY of Brazil
0.33Rnk 49 / 131
2021
PRODUCT COMPLEXITY IN Soybeans
-1.61Rnk 961 / 1024

About

Exports In 2021, Brazil exported $39B in Soybeans, making it the 1st largest exporter of Soybeans in the world. At the same year, Soybeans was the 2nd most exported product in Brazil. The main destination of Soybeans exports from Brazil are: China ($27.2B), Spain ($1.64B), Thailand ($1.3B), Netherlands ($1.2B), and Turkey ($1.01B).

The fastest growing export markets for Soybeans of Brazil between 2020 and 2021 were China ($6.31B), Spain ($697M), and Thailand ($384M).

Imports In 2021, Brazil imported $385M in Soybeans, becoming the 25th largest importer of Soybeans in the world. At the same year, Soybeans was the 113th most imported product in Brazil. Brazil imports Soybeans primarily from: Paraguay ($354M), Uruguay ($16.9M), United States ($12.6M), Argentina ($934k), and Bolivia ($75.3k).

The fastest growing import markets in Soybeans for Brazil between 2020 and 2021 were Paraguay ($103M), Argentina ($10k), and Chinese Taipei ($111).

Latest Trends

December 2023

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2022 - December 2023)$793M(66.2%)
IMPORT GROWTH (December 2022 - December 2023)$6.81M(232%)
MAIN EXPORTER (December 2023)Mato Grosso$2.92B
MAIN DESTINATION (December 2023)China$1.72B

This section shows Soybeans'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 Soybeans over time.

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Historical Data

Trade Balance

Color
EXPORTS (2021)$39B
IMPORTS (2021)$385M
NET TRADE (2021)$38.6B

In 2021, Brazil exported $39B in Soybeans. The main destinations of Brazil exports on Soybeans were China ($27.2B), Spain ($1.64B), Thailand ($1.3B), Netherlands ($1.2B), and Turkey ($1.01B).

In 2021, Brazil imported $385M in Soybeans, mainly from Paraguay ($354M), Uruguay ($16.9M), United States ($12.6M), Argentina ($934k), and Bolivia ($75.3k).

Explore Visualizations

Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Soybeans EXPORT MARKETS FOR Brazil WERE (2020 - 2021):
China$6.31B (30.2%)
Spain$697M (74.1%)
Thailand$384M (42%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybeans BY Brazil WERE (2020 - 2021):
United Kingdom-$60.5M (-27.8%)
Russia-$41.4M (-10.7%)
Argentina-$32.5M (-25.8%)

Change in Exports by Market (2020 - 2021)

Market Concentration

View
Flow
Type
In 2021, Brazil's main exporting competitors in Soybeans were:
In 2021, Brazil's main importing competitors in Soybeans were:
China $44.2B
Mexico $3.22B

Explore Visualizations

Trade Value of Soybeans by Exporters

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