Brazil Soybean Exports

12-Feb-2025 11:30 AM

Brazil Soybean Exports
★ In January, Brazil's soybean exports dropped by 62.4%, falling to 1.07 million tons.
★ In January of the previous year, Brazil exported 2.85 million tons of soybeans.
★ The main buyer of Brazilian soybeans was China, importing 799,949 tons, followed by Thailand (119,213 tons), Iraq (92,699 tons), and Spain (60,492 tons).
★ In the first week of February, soybean exports totaled 348,195 tons, while Brazil's total export in February 2024 was 2.85 million tons.
★ ANEC estimates Brazil's total soybean exports in January 2025 to be 1.1 million tons, with a forecast of 9.7 million tons for February.