2022
Exports | Imports
$47.2B | $202MWorld Rnk 1 / 139
Flag Rnk 1 / 1206
World Rnk 33 / 200
Flag Rnk 209 / 1198
2022
ECONOMIC COMPLEXITY of Brazil
0.29Rnk 49 / 124
2022
PRODUCT COMPLEXITY IN Soybeans
-1.62Rnk 957 / 1025

About

Exports In 2022, Brazil exported $47.2B 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 ($31.9B), Spain ($1.89B), Thailand ($1.67B), Iran ($1.36B), and Netherlands ($1.12B).

The fastest growing export markets for Soybeans of Brazil between 2021 and 2022 were China ($4.64B), Iran ($798M), and Russia ($543M).

Imports In 2022, Brazil imported $202M in Soybeans, becoming the 33rd largest importer of Soybeans in the world. At the same year, Soybeans was the 209th most imported product in Brazil. Brazil imports Soybeans primarily from: Paraguay ($181M), Uruguay ($20.6M), Argentina ($303k), Bolivia ($97.3k), and United States ($4.38k).

The fastest growing import markets in Soybeans for Brazil between 2021 and 2022 were Uruguay ($5.33M), Bolivia ($22k), and Japan ($4.19k).

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

Latest Trends

December 2023

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2022 - December 2023)$793M(66.2%)
IMPORT GROWTH (December 2022 - December 2023)$6.81M(232%)
MAIN EXPORTER (December 2023)
MAIN DESTINATION (December 2023)China$1.71B

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

Trade Balance

Color
EXPORTS (2022)$47.2B
IMPORTS (2022)$202M
NET TRADE (2022)$47B

In 2022, Brazil exported $47.2B in Soybeans. The main destinations of Brazil exports on Soybeans were China ($31.9B), Spain ($1.89B), Thailand ($1.67B), Iran ($1.36B), and Netherlands ($1.12B).

In 2022, Brazil imported $202M in Soybeans, mainly from Paraguay ($181M), Uruguay ($20.6M), Argentina ($303k), Bolivia ($97.3k), and United States ($4.38k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybeans EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
China$4.64B (17%)
Iran$798M (142%)
Russia$543M (157%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybeans BY Brazil WERE (2021 - 2022):
Italy-$110M (-25.2%)
Mexico-$105M (-19.3%)
United States-$84.8M (-97.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Soybeans were:
In 2022, Brazil's main importing competitors in Soybeans were:
China $54.1B
Mexico $4.08B
Japan $2.47B

Explore Visualizations

Trade Value of Soybeans by Exporters

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