Exports: In 2018, Brazil exported $33.2B 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 ($27.3B), Spain ($742M), Netherlands ($528M), Turkey ($519M), and Iran ($511M).
The fastest growing export markets for Soybeans of Brazil between 2017 and 2018 were China ($6.99B), Turkey ($407M), and Argentina ($185M).
Imports: In 2018, Brazil imported $63M in Soybeans, becoming the 41st largest importer of Soybeans in the world. At the same year, Soybeans was the 351st most imported product in Brazil. Brazil imports Soybeans primarily from: Paraguay ($59.2M), Uruguay ($3.66M), Italy ($60.7k), United States ($18.5k), and Argentina ($7.14k).
The fastest growing import markets in Soybeans for Brazil between 2017 and 2018 were Uruguay ($783k), Italy ($60.7k), and United Kingdom ($5.31k).
Tariffs: In 2018, the average tariff for Brazil in Soybeans was 3.85%. The countries with the highest import tariffs for Soybeans were Cuba (5.76%), Panama (5.76%), Angola (4%), Burundi (4%), and Benin (4%).