2022
Exports | Imports
$10.4B | $1.82MWorld Rnk 2 / 124
Flag Rnk 8 / 1206
World Rnk 139 / 174
Flag Rnk 985 / 1198
2022
ECONOMIC COMPLEXITY of Brazil
0.29Rnk 49 / 124
2022
PRODUCT COMPLEXITY IN Soybean Meal
-1.22Rnk 888 / 1025

About

Exports In 2022, Brazil exported $10.4B in Soybean Meal, making it the 2nd largest exporter of Soybean Meal in the world. At the same year, Soybean Meal was the 8th most exported product in Brazil. The main destination of Soybean Meal exports from Brazil are: Indonesia ($1.56B), Thailand ($1.33B), Netherlands ($1.01B), Germany ($984M), and Vietnam ($809M).

The fastest growing export markets for Soybean Meal of Brazil between 2021 and 2022 were Indonesia ($702M), Germany ($435M), and Thailand ($291M).

Imports In 2022, Brazil imported $1.82M in Soybean Meal, becoming the 139th largest importer of Soybean Meal in the world. At the same year, Soybean Meal was the 985th most imported product in Brazil. Brazil imports Soybean Meal primarily from: Paraguay ($1.24M), United States ($497k), Germany ($84.9k), and Mexico ($15).

The fastest growing import markets in Soybean Meal for Brazil between 2021 and 2022 were United States ($45k) and Mexico ($15).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Soybean Meal from Brazil to the United States.

Latest Trends

December 2023

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2022 - December 2023)$384M(68.6%)
IMPORT GROWTH (September 2022 - December 2023)$-201k(-67%)
MAIN EXPORTER (December 2023)
MAIN DESTINATION (December 2023)Iran$160M

This section shows Soybean Meal'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 Soybean Meal over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$10.4B
IMPORTS (2022)$1.82M
NET TRADE (2022)$10.4B

In 2022, Brazil exported $10.4B in Soybean Meal. The main destinations of Brazil exports on Soybean Meal were Indonesia ($1.56B), Thailand ($1.33B), Netherlands ($1.01B), Germany ($984M), and Vietnam ($809M).

In 2022, Brazil imported $1.82M in Soybean Meal, mainly from Paraguay ($1.24M), United States ($497k), Germany ($84.9k), and Mexico ($15).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybean Meal EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Indonesia$702M (81.8%)
Germany$435M (79.1%)
Thailand$291M (28%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Meal BY Brazil WERE (2021 - 2022):
Oman-$52.9M (-89.5%)
South Korea-$26.4M (-4.09%)
United States-$20.5M (-86.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Soybean Meal were:
In 2022, Brazil's main importing competitors in Soybean Meal were:

Explore Visualizations

Trade Value of Soybean Meal by Exporters

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