HS Icon Soybeans in  Flag Brazil

2020
Exports | Imports
: $28.6B | $292M, World Rnk 1 / 132
Flag Rnk 1 / 1202 | World Rnk 22 / 188
Flag Rnk 117 / 1194


ECONOMIC COMPLEXITY of Brazil
: 0.44, Rnk 47 / 127


PRODUCT COMPLEXITY  IN Soybeans
: -1.05, Rnk 855 / 1028

Imports In 2020, Brazil imported $292M in Soybeans, becoming the 22nd largest importer of Soybeans in the world. At the same year, Soybeans was the 117th most imported product in Brazil. Brazil imports Soybeans primarily from: Paraguay ($252M), Uruguay ($25M), United States ($14.2M), Argentina ($925k), and Bolivia ($405k).

Tariffs In 2017, the average tariff for Brazil in Soybeans was 3.85%. The countries with the highest import tariffs for Soybeans were Cuba (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador México Panamá Paraguay Perú Uruguay Venezuela), 5.76%), Panama (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador México Panamá Paraguay Perú Uruguay Venezuela), 5.76%), Angola (Most Favoured Nation duty rate treatement, 4%), Burundi (Most Favoured Nation duty rate treatement, 4%), and Benin (Most Favoured Nation duty rate treatement, 4%).

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Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Soybeans. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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EXPORTS (2020): $28.6B

IMPORTS (2020): $292M

NET TRADE (2020): $28.3B

In 2020, Brazil imported $292M in Soybeans, mainly from Paraguay ($252M), Uruguay ($25M), United States ($14.2M), Argentina ($925k), and Bolivia ($405k).

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Market Concentration

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In 2019, Brazil's main importing competitors in Soybeans were:

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