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

2020
ECONOMIC COMPLEXITY of Brazil
: 0.44, Rnk 47 / 127

2020
PRODUCT COMPLEXITY  IN Soybeans
: -0.96, Rnk 828 / 1029

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).

September 2022

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (September 2021 - September 2022): $158M, (6.41%)

IMPORT GROWTH (September 2021 - September 2022): $-19.1M, (-76.4%)

MAIN EXPORTER (September 2022): Rio Grande Do Sul, $410M

MAIN DESTINATION (September 2022): China, $1.65B

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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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 2020, Brazil's main exporting competitors in Soybeans were:

In 2020, Brazil's main importing competitors in Soybeans were:

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