China’s Soybean Imports from Brazil Rise 9%

21-Jul-2025 04:20 PM

Beijing. China's soybean imports from Brazil in June 2025 rose by 9.2 percent compared to the same month in 2024. Customs data indicates that Chinese demand for Brazilian soybeans remains strong. Brazil's soybean production has reached a record high this year, resulting in abundant exportable stocks and relatively stable prices.

Despite ongoing trade discussions between the US and China, and a notable 21 percent rise in US soybean exports to China in June, Brazilian exports remained unaffected.

Brazil continues to be the world's largest producer and exporter of soybeans, followed by the US. China remains the largest global importer of soybeans.

While US soybean imports into China increased at a higher percentage rate than Brazilian soybeans in June, Brazil still led in terms of total quantity.

This is because China's monthly soybean imports from Brazil are already much higher than those from the US, so even a modest 8–10 percent rise in Brazilian shipments results in a large volume increase.

Brazilian ports are holding large stocks of soybeans, and loading is happening at a rapid pace, which is reportedly affecting corn shipments.

Soybean sowing in Brazil and harvesting in the US are scheduled to begin in September. The US is facing stiff competition from Brazil in the global soybean export market and is now seeking alternative export destinations.