Overview In September 2022 Brazil's Soybeans exports accounted up to $2.62B and imports accounted up to $5.92M, resulting in a positive trade balance of $2.61B. Between September 2021 and September 2022 the exports of Brazil's Soybeans have increased by $158M (6.41%) from $2.46B to $2.62B, while imports decreased by $-19.1M (-76.4%) from $25M to $5.92M.
Destinations In September 2022, Soybeans were exported mostly to China ($1.65B), Iran ($246M), Spain ($174M), Thailand ($154M), and Taiwan ($70.6M), and were imported mostly from Uruguay ($4.95M) and Paraguay ($970k).
Growth In September 2022, the increase in Soybeans's year-by-year exports was explained primarily by an increase in exports to Marshall Islands ($381 or 3.18k%) and Singapore ($39 or 1.95k%). In September 2022, the decrease in Soybeans's year-by-year imports was explained primarily by a decrease in imports from .