In 2023, exports of soybean from Brazil reached nearly *** million metric tons, an increase of ** percent when compared to the previous year. This is also the highest figure reported in the decade. In turn, Brazilian soybean exports were valued at approximately **** billion U.S. dollars that year. An undisputed market leader As Brazil’s annual soybean exports nearly tripled in one decade, the South American country went on to become the largest exporter of this oilseed in the world. This result is mostly associated with an increasing demand from China, the leading destination for Brazilian soybean exports. Meanwhile, global soybean meal and soybean oil exports are dominated by Brazil’s southern neighbor, Argentina. Nevertheless, the Portuguese-speaking country ranks second worldwide. Domestic soybean demand also on a rise Parallel to a growth in international demand for this commodity, the domestic consumption of soybean in Brazil has also seen a continual rise in the past decade, estimated at more than **** million metric tons in 2022/23. In the industrial sector, this oilseed is mainly associated with the biofuels segment. In 2022, more than **** million cubic meters of soybean oil were used for biodiesel diesel production in Brazil, making it the leading raw material used for this purpose.
Soybean exports from Brazil to China amounted to **** billion U.S. dollars in 2023, an increase of around ** percent in comparison to the previous year. China is by far the leading destination for Brazilian soybean exports, accounting for nearly ************** of the export value.
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Brazil Exports: Soybeans: Soybean Meal data was reported at 578.538 USD mn in Jul 2020. This records an increase from the previous number of 554.441 USD mn for Jun 2020. Brazil Exports: Soybeans: Soybean Meal data is updated monthly, averaging 251.050 USD mn from Jan 1990 (Median) to Jul 2020, with 367 observations. The data reached an all-time high of 918.203 USD mn in Jun 2014 and a record low of 42.400 USD mn in Mar 1999. Brazil Exports: Soybeans: Soybean Meal data remains active status in CEIC and is reported by Special Secretariat for Foreign Trade and International Affairs. The data is categorized under Global Database’s Brazil – Table BR.JAB014: Exports: Principal Commodities: Value (Discontinued). Foreign Trade Secretariat started to adopt only international product classifications maintained by the UN. Both the Factor Aggregate and Product Group classification do not have a clear methodology, do not have national (IBGE) and international (UN) comparability and do not have revisions, preserving distortions in relation to the Harmonized System and changes in the Brazilian agenda. The related series had been reclassified to Economic Activity classification.
China is by far the leading country of destination for soybean exports from Brazil. In 2023, the Asian country accounted for ** percent of the Brazilian soybean export value, which totaled some **** billion U.S. dollars. Argentina trailed in second, as the destination for around **** percent of the export value. Meeting China's demand China is the leading importer of soybeans worldwide, with high demand for feeding livestock and producing soybean cooking oil. In 2022, Brazil ranked as China's largest soybean supplier, providing nearly ********** of the Asian country's imports of this oilseed. The South American country has recently benefitted from escalating trade wars between China and the U.S., which have led Chinese food and agricultural industries to seek out an alternative supplier. Growing market for Brazilian soybeans As soybean exports to China strongly increased from 2016 to 2023, Brazil's soybean exports reached an all-time peak in 2023 & more than double that of the first period observed. And this trend shows no sign of subsiding. As of 2023, Brazil has outpaced the United States to become the leading producer of this oilseed worldwide, with its area planted with soybean rising every year of the past decade.
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Brazil Exports: Volume: Soybeans: Soybean Meal data was reported at 1,740,821.839 kg th in Jul 2020. This records an increase from the previous number of 1,633,752.401 kg th for Jun 2020. Brazil Exports: Volume: Soybeans: Soybean Meal data is updated monthly, averaging 1,036,609.746 kg th from Jan 1990 (Median) to Jul 2020, with 367 observations. The data reached an all-time high of 2,336,822.426 kg th in Sep 2002 and a record low of 176,535.716 kg th in Feb 1997. Brazil Exports: Volume: Soybeans: Soybean Meal data remains active status in CEIC and is reported by Special Secretariat for Foreign Trade and International Affairs. The data is categorized under Global Database’s Brazil – Table BR.JAB015: Exports: Principal Commodities: Volume (Discontinued). Foreign Trade Secretariat started to adopt only international product classifications maintained by the UN. Both the Factor Aggregate and Product Group classification do not have a clear methodology, do not have national (IBGE) and international (UN) comparability and do not have revisions, preserving distortions in relation to the Harmonized System and changes in the Brazilian agenda. The related series had been reclassified to Economic Activity classification.
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Soybeans post gains with midday trading increases, export commitments hit USDA projections, and Brazil and Argentina adjust crop estimates.
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Exports (Fob): Primary Prds - Soybeans Including Grinded in Brazil increased to 5396.49 USD Million in March from 2922.03 USD Million in February of 2024. This dataset includes a chart with historical data for Brazil Exports of : Primary Prds - Soybeans Includi.
Exports of soybean from Brazil amounted to approximately **** billion U.S. dollars in 2023, an increase of around ** percent in comparison to the previous year. This is the highest figure reported in the decade. The South American country is the largest soybean exporter in the world. China is by far the leading destination for Brazilian soybean exports, accounting for nearly ************** of the export value.
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Brazil's oil exports have eclipsed soybeans, marking a first in its export history, with ramifications for the fossil-fuel market and its economy.
The production volume of soybean in Brazil was forecast to continuously increase between 2024 and 2033 by in total 10.6 billion tonnes (+6.7 percent). After the ninth consecutive increasing year, the production volume is estimated to reach 168.6 billion tonnes and therefore a new peak in 2033. Notably, the production volume of soybean was continuously increasing over the past years.Production is the process of manufacturing goods. The output is generally measured in volume.Find more statistics on other topics about Brazil with key insights such as yield of cotton and production volume of maize.
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The Soya Bean exports reached their peak in 2023 and are projected to continue growing in the near future. The value of Soya Bean exports significantly increased to $53.2B in 2023.
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The US soybean farming industry is navigating significant changes in the current period, with soybean prices determining the initial rise and recent decline in industry performance. These prices have been influenced by several key factors, including the growing demand for biofuels and mixed consumer perceptions regarding soy products. The demand for soybean oil in biofuel production surged due to supportive policies like the Renewable Fuel Standard and rising crude oil prices, creating a lucrative market for soybean producers. However, subsequent drops in fertilizer and crude oil prices, paired with record-high soybean production, have sharply dropped soybean prices, bringing revenue and profit down with them as farmers struggle to balance costs with lower incomes. Industry has shrunk a compound annual growth rate (CAGR) of 2.6%, with a decrease of 8.7% in 2025, reaching an estimated $44.2 billion. US soybean exports are facing mounting challenges due to competitive pressures abroad and quickly evolving trade policy. Brazil’s increased production and improved export infrastructure have strengthened its position as a major supplier, particularly to China, which is reducing its reliance on US soybeans. This shift threatens US exports and compels American farmers to reassess their strategies, focusing on market diversification and emphasizing quality and sustainability to remain competitive. Rising geopolitical tensions and newly imposed tariffs, such as those affecting key markets like the EU, Canada and China, have further complicated trade, impacting US farmers' access and pricing power in these vital markets. Through the end of 2025, soybean prices are initially projected to decline due to increased production and growing global supplies. However, as climate change impacts crop yields through extreme weather and pest challenges and supplies become limited prices will be pushed upward alongside rising global demand. Subsidies will continue to play a vital role in supporting farmer incomes amids these fluctuations, providing some stability to an otherwise highly volatile industry. However, the industry faces significant uncertainty due to the ongoing USDA funding freeze is creating significant uncertainty, particularly where government support and subsidies are concerned. This freeze is affecting a wide range of agricultural programs including conservation efforts, market development, research and technical assistance. Over the next five years, the industry is expected to grow at a CAGR of 1.3%, with revenues reaching $47.1 billion by the end of 2030.
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Exports (Fob): Primary Prds - Oil Cake & Soybean Residues in Brazil increased to 698.19 USD Million in December from 521.93 USD Million in November of 2021. This dataset includes a chart with historical data for Brazil Exports of : Primary Prds - Oil Cake & Soybe.
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Brazil Exports: FOB: Netherlands: Meal and Residues from Extraction of Soybean Oil data was reported at 93.258 USD mn in Mar 2025. This records an increase from the previous number of 21.726 USD mn for Feb 2025. Brazil Exports: FOB: Netherlands: Meal and Residues from Extraction of Soybean Oil data is updated monthly, averaging 71.555 USD mn from Jan 1997 (Median) to Mar 2025, with 339 observations. The data reached an all-time high of 287.783 USD mn in Nov 2013 and a record low of 5.516 USD mn in Feb 1997. Brazil Exports: FOB: Netherlands: Meal and Residues from Extraction of Soybean Oil data remains active status in CEIC and is reported by Special Secretariat for Foreign Trade and International Affairs. The data is categorized under Brazil Premium Database’s Foreign Trade – Table BR.JAC001: Exports: Principal Commodities.
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Soybeans fell to 977.62 USd/Bu on July 29, 2025, down 1.13% from the previous day. Over the past month, Soybeans's price has fallen 4.55%, and is down 4.63% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Soybeans - values, historical data, forecasts and news - updated on July of 2025.
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The revenue of the soybean oil market in Brazil amounted to $X in 2017, increasing by X% against the previous year. In general, the total market indicated a prominent increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the soybean oil consumption increased by +X% against 2015 indices.
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The currently increasing demand for soybeans in biofuel production, animal feed and food products outpaced production growth, resulting in a significant hike in soya prices. Together with expectations of further price growth, it contributes to rising costs of many downstream products and accelerates food inflation. In China, rebuilding pig herds after swine fever outbreaks emerges as a new driver for the global market. Those factors highlight soybeans as an attractive commodity to invest in, leading to robust expansion of crop acreage in the U.S. and Brazil.
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Brazil Exports: FOB: Volume: Accumulated: Soybean: Meal data was reported at 1,527.164 Ton th in 30 Jun 2019. This records an increase from the previous number of 1,142.549 Ton th for 23 Jun 2019. Brazil Exports: FOB: Volume: Accumulated: Soybean: Meal data is updated daily, averaging 703.601 Ton th from Jul 2012 (Median) to 30 Jun 2019, with 338 observations. The data reached an all-time high of 1,928.874 Ton th in 31 May 2016 and a record low of 20.400 Ton th in 06 Nov 2016. Brazil Exports: FOB: Volume: Accumulated: Soybean: Meal data remains active status in CEIC and is reported by Ministry of Development, Industry And Trade. The data is categorized under Brazil Premium Database’s Foreign Trade – Table BR.JAA005: Exports: by Commodities: Volume. *The weekly data is considered preliminary data. To find the final version you may go to: + Foreign Trade + Foreign Trade: Monthly According to Ministry of Development, Industry and Foreign Trade (MDIC), these data began to be published with weekly frequency in July 2012. In some weeks the data are not available because the week is very short and there is insufficient data. Commodity is a term from English language (plural commodities), which means merchandise. It is used in commercial transactions of products as primary on commodity exchanges. The term is used to refer to products based on raw or small degree of industrialization, nearly uniform quality, produced in large quantities and by different producers. These products 'in natura', cultivated or mineral extraction, can be stored for a certain period without significant loss of quality. Having quotation and global marketability, using commodity exchanges. *Os dados semanais são considerado preliminares. De acordo com o Ministério do Desenvolvimento, Indústria e Comércio Exterior (MDIC), estes dados começaram a serem divulgados em frequência semanal em Julho de 2012. Em algumas semanas não há dados porque a semana é considerada curta e neste caso não há dados suficientes. Commodity é um termo de língua inglesa (plural commodities), que significa mercadoria. É utilizado nas transações comerciais de produtos de origem primária nas bolsas de mercadorias. O termo é usado como referência aos produtos de base em estado bruto (matérias-primas) ou com pequeno grau de industrialização, de qualidade quase uniforme, produzidos em grandes quantidades e por diferentes produtores. Estes produtos 'in natura', cultivados ou de extração mineral, podem ser estocados por determinado período sem perda significativa de qualidade. Possuem cotação e negociabilidade globais, utilizando bolsas de mercadorias.
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In this research we consider the impact of export-driven, soybean agriculture in Mato Grosso on regional economic growth. Here we argue that the soybean sector has served as a motor to the state’s economy by increasing the demand for services, housing, and goods, and by providing a source of investment capital to the non-agricultural sector. Specifically, we show that each square kilometer of soybean production supports 2.5 formal sector jobs outside of agriculture, and the equivalent of approximately 150,000US in annual, non-agricultural GDP. We also show that annual gains in non-agricultural employment and GDP are closely tied to soybean profitability, and thus vary from year to year. However, while this article highlights the potential of the agricultural sector as a driver of regional economic growth, it also acknowledges that this growth has been sustained by profits determined by externally set prices and the rate of exchange, and that future growth trajectories will be susceptible to potential currency of market shocks. We also show that while Mato Grosso’s economic growth has come at a significant cost to the environment, value added by the agriculture sector, directly and indirectly, has surpassed the value of the CO2-e emitted through land clearings.
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The Brazil Crops Industry size was valued at USD 100.13 Million in 2023 and is projected to reach USD 119.84 Million by 2032, exhibiting a CAGR of 2.60 % during the forecasts periods. The Brazilian crops industry plays a vital role in the global agricultural landscape, contributing significantly to the country's economy and food security. As one of the largest producers and exporters of various crops, Brazil boasts a diverse agricultural sector characterized by a wide array of products, including soybeans, corn, sugarcane, coffee, and fruits. The country's favorable climate, extensive arable land, and advanced agricultural technologies have positioned it as a powerhouse in crop production, allowing it to meet both domestic and international demand effectively. Soybeans are Brazil's most prominent crop, with the nation being the largest exporter of this commodity worldwide. The growth of soybean cultivation has transformed Brazil into a key player in the global agricultural market, driven by increasing demand from countries such as China. Corn, another crucial crop, is produced in substantial quantities and serves various purposes, including animal feed, human consumption, and biofuel production. Sugarcane also holds significant importance, with Brazil being the leading producer of sugar and ethanol, contributing to renewable energy efforts and meeting global sugar demands. Key drivers for this market are: , Increasing Food Security Concerns; Inclination Toward a Healthy Lifestyle. Potential restraints include: , Unfavorable Climatic Conditions; Higher Market Entry Cost. Notable trends are: Increasing Food Crop Production.
In 2023, exports of soybean from Brazil reached nearly *** million metric tons, an increase of ** percent when compared to the previous year. This is also the highest figure reported in the decade. In turn, Brazilian soybean exports were valued at approximately **** billion U.S. dollars that year. An undisputed market leader As Brazil’s annual soybean exports nearly tripled in one decade, the South American country went on to become the largest exporter of this oilseed in the world. This result is mostly associated with an increasing demand from China, the leading destination for Brazilian soybean exports. Meanwhile, global soybean meal and soybean oil exports are dominated by Brazil’s southern neighbor, Argentina. Nevertheless, the Portuguese-speaking country ranks second worldwide. Domestic soybean demand also on a rise Parallel to a growth in international demand for this commodity, the domestic consumption of soybean in Brazil has also seen a continual rise in the past decade, estimated at more than **** million metric tons in 2022/23. In the industrial sector, this oilseed is mainly associated with the biofuels segment. In 2022, more than **** million cubic meters of soybean oil were used for biodiesel diesel production in Brazil, making it the leading raw material used for this purpose.