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.

In June 2025, soybean imports to China amounted to approximately *** billion U.S. dollars, decreasing by around *** percent compared to the same period of the previous year. Despite the seasonal fluctuation in soybean imports, China remains the largest soybean importer in the world. Global top market for soybeans As a major oilseed and protein meal product, soybean is very important in the Chinese diet. Traditional food uses of soybeans include soy milk, tofu, and tofu skin. Soybean imports to China have been increasing. In 2024, more than *** million metric tons of soybeans were imported to China, over ten times as much as the import volume in 2000. The global soybean import volume amounted to around *** million metric tons in 2023/24. In addition, China’s domestic soybean oil demand reached around **** million metric tons in 2023. Brazil – China's largest soybean supplier Soybean is Brazil’s main export commodity. In 2023, Brazil held the top rank as China’s largest soybean supplier with a market share of about ** percent. The United States and Argentina were also among the top three soybean supplying countries to China. In 2023, Brazilian soybean exports to China amounted to around ** billion U.S. dollars. Soybean production in Brazil was forecasted to amount to over *** million metric tons in 2024, and it was expected to exceed *** million tons by 2033. Additionally, the harvesting area of soybeans was forecasted to exceed **** million hectares by then.

China Imports from Brazil of Soybeans, whether or not broken was US$36.46 Billion during 2024, according to the United Nations COMTRADE database on international trade. China Imports from Brazil of Soybeans, whether or not broken - data, historical chart and statistics - was last updated on December of 2025.

Declining Chinese demand for U.S. soybeans threatens billions in lost sales as buyers favor Brazilian supply. Trade tensions and tariffs further weaken market prospects.

China Imports from Brazil of Soybean oil and its fractions, not chemically modified was US$28.54 Million during 2024, according to the United Nations COMTRADE database on international trade. China Imports from Brazil of Soybean oil and its fractions, not chemically modified - data, historical chart and statistics - was last updated on November of 2025.

Brazil Exports of soybeans, whether or not broken to China was US$31.5 Billion during 2024, according to the United Nations COMTRADE database on international trade. Brazil Exports of soybeans, whether or not broken to China - data, historical chart and statistics - was last updated on December of 2025.

Analysis of how Trump's China trade policies and tariffs are crippling American soybean farmers, with exports to their largest market dropping significantly.

Abstract The argument developed in the paper, based on the food regime approach, is that the formation of the “Brazil-China soy-meat complex”, from the early 2000s, represents a polycentric shift in global agri-food relations, driven by the interests of agribusiness corporations and food industries, as well as national states, in a South/East direction, which challenges the established power of the large North Atlantic transnational corporations. Based on the contemporary literature in agrarian political economy and in a combination of quantitative and qualitative data, we identify the origins, characteristics and dynamics of the Brazil-China soy-meat complex through a comparative and relational analysis. After a brief theoretical review, we examine the change in eating habits and class diets and the restructuring of meat (especially pork) and feed industries on the Chinese side, as an importing pole, and the commodities boom and the expansion in production, planted area and shipments of soybean on the Brazilian side, as an exporting pole. However, despite de importance of bilateral trade to the dynamics of the Brazil-China soy-meat complex, recently there has also been an increasing influx of Chinese investments in the Brazilian agribusiness. In the conclusions, beyond strict economic aspects, political aspects of the Brazil-China soy-meat complex are discussed.

Brazil Exports: FOB: China: Soybeans, Incl Grinded data was reported at 2.439 USD bn in Jun 2019. This records an increase from the previous number of 2.428 USD bn for May 2019. Brazil Exports: FOB: China: Soybeans, Incl Grinded data is updated monthly, averaging 281.309 USD mn from Dec 1998 (Median) to Jun 2019, with 231 observations. The data reached an all-time high of 3.957 USD bn in May 2018 and a record low of 0.000 USD mn in Jan 2011. Brazil Exports: FOB: China: Soybeans, Incl Grinded 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.JAC002: Exports: by Principal Commodities: China.

U.S. farmers are concerned that the recent tariff pause with China may not boost soy sales, as Brazil maintains a competitive edge and some tariffs remain.

Soybean prices rebounded due to strong export sales and record shipments from Brazil and China, with weather risks adding volatility.

In 2024, Brazil was China's largest soybean supplier, with an import market share of about **** percent. The United States followed with a market share of ***** percent.

In 2020, Brazil exported approximately **** billion Canadian dollars worth of soybeans to China, more than any other country in the world. That year, the total value of soybeans imported to China amounted to approximately **** billion U.S. dollars.

Brazil Exports: FOB: China: Crude Soybean Oil data was reported at 33.113 USD mn in Jun 2019. This records an increase from the previous number of 31.749 USD mn for May 2019. Brazil Exports: FOB: China: Crude Soybean Oil data is updated monthly, averaging 18.980 USD mn from Dec 1998 (Median) to Jun 2019, with 199 observations. The data reached an all-time high of 207.855 USD mn in Jul 2010 and a record low of 0.000 USD mn in Feb 2018. Brazil Exports: FOB: China: Crude Soybean Oil 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.JAC002: Exports: by Principal Commodities: China.

Brazil's soybean exports break previous records, with projections hitting 110 million tons for the year, fueled by unprecedented Chinese demand and record harvests.

China Exports of soybeans, whether or not broken to Brazil was US$33 during 2024, according to the United Nations COMTRADE database on international trade. China Exports of soybeans, whether or not broken to Brazil - data, historical chart and statistics - was last updated on November of 2025.

Brazil Exports of soybean oil and its fractions, not chemically modified to China was US$139.45 Million during 2024, according to the United Nations COMTRADE database on international trade. Brazil Exports of soybean oil and its fractions, not chemically modified to China - data, historical chart and statistics - was last updated on December of 2025.

Soybeans rose to 1,130.79 USd/Bu on December 2, 2025, up 0.25% from the previous day. Over the past month, Soybeans's price has risen 0.99%, and is up 14.02% 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 December of 2025.

Monthly exports (USA, Brazil, and Argentina) and imports (China and the EU) prices from October, 1999, to July, 2023, for a total of 286 data points, of raw soybeans, soybeans meal, and soybeans oil. Prices are in nominal USD and not adjusted in any way, except Chinese prices which were converted from RMB to USD. Source: USDA Oilseeds (USA, Brazil, Argentina, and the EU) and reports from the private sector (China). Chinese prices of soybeans meal and oil are incomplete.

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.