Overview In August 2022 Brazil's Soybeans exports accounted up to $3.8B and imports accounted up to $5.57M, resulting in a positive trade balance of $3.79B. Between August 2021 and August 2022 the exports of Brazil's Soybeans have increased by $655M (20.9%) from $3.14B to $3.8B, while imports decreased by $-16.1M (-74.3%) from $21.7M to $5.57M.
Destinations In August 2022, Soybeans were exported mostly to China ($2.79B), Iran ($236M), Vietnam ($79.4M), Spain ($79.4M), and Japan ($79.3M), and were imported mostly from Uruguay ($4.19M), Paraguay ($1.36M), and Argentina ($7.59k).
Growth In August 2022, the increase in Soybeans's year-by-year exports was explained primarily by an increase in exports to Marshall Islands ($381 or 3.18k%) and Singapore ($39 or 1.95k%). In August 2022, the decrease in Soybeans's year-by-year imports was explained primarily by a decrease in imports from .