HS Icon Soybeans in  Flag Brazil

2020
Exports | Imports
: $28.6B | $292M, World Rnk 1 / 132
Flag Rnk 1 / 1202 | World Rnk 22 / 188
Flag Rnk 117 / 1194

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $494M | $215M, Netherlands |  Paraguay


ECONOMIC COMPLEXITY of Brazil
: 0.44, Rnk 47 / 127


PRODUCT COMPLEXITY  IN Soybeans
: -1.05, Rnk 855 / 1028

Exports In 2020, Brazil exported $28.6B in Soybeans, making it the 1st largest exporter of Soybeans in the world. At the same year, Soybeans was the 1st most exported product in Brazil. The main destination of Soybeans exports from Brazil are: China ($20.9B), Netherlands ($1.1B), Spain ($942M), Thailand ($916M), and Turkey ($726M).

The fastest growing export markets for Soybeans of Brazil between 2019 and 2020 were Netherlands ($494M), China ($457M), and Thailand ($317M).

Imports In 2020, Brazil imported $292M in Soybeans, becoming the 22nd largest importer of Soybeans in the world. At the same year, Soybeans was the 117th most imported product in Brazil. Brazil imports Soybeans primarily from: Paraguay ($252M), Uruguay ($25M), United States ($14.2M), Argentina ($925k), and Bolivia ($405k).

The fastest growing import markets in Soybeans for Brazil between 2019 and 2020 were Paraguay ($215M), United States ($14.2M), and Uruguay ($14M).

Tariffs In 2017, the average tariff for Brazil in Soybeans was 3.85%. The countries with the highest import tariffs for Soybeans were Cuba (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 5.76%), Panama (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 5.76%), Angola (Most Favoured Nation duty rate treatement, 4%), Burundi (Most Favoured Nation duty rate treatement, 4%), and Benin (Most Favoured Nation duty rate treatement, 4%).

April 2022

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (April 2021 - April 2022): $64.1M, (0.96%)

IMPORT GROWTH (April 2021 - April 2022): $24.6M, (157%)

MAIN EXPORTER (April 2022): Mato Grosso, $2.07B

MAIN DESTINATION (April 2022): China, $4.45B

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

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EXPORTS (2020): $28.6B

IMPORTS (2020): $292M

NET TRADE (2020): $28.3B

In 2020, Brazil exported $28.6B in Soybeans. The main destinations of Brazil exports on Soybeans were China ($20.9B), Netherlands ($1.1B), Spain ($942M), Thailand ($916M), and Turkey ($726M).

In 2020, Brazil imported $292M in Soybeans, mainly from Paraguay ($252M), Uruguay ($25M), United States ($14.2M), Argentina ($925k), and Bolivia ($405k).

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IN 2020, Brazil HAD A POSITIVE NET TRADE IN Soybeans WITH:

IN 2020, Brazil HAD A NEGATIVE NET TRADE IN Soybeans WITH:

Flow

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

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

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Market Concentration

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

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

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Tariffs by Country

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In 2017, the average tariff for Brazil in Soybeans was 3.85%.

The countries with the highest tariffs for Soybeans in Brazil were Cuba (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 5.76%), Panama (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 5.76%), Angola (Most Favoured Nation duty rate treatement, 4%), Burundi (Most Favoured Nation duty rate treatement, 4%), and Benin (Most Favoured Nation duty rate treatement, 4%).