China imported 52,464 million tons of soybeans from Brazil from January to November 2022. According to data from the Foreign Trade Secretariat (Secex), a department of the Ministry of Economy, the volume is 13% lower than the 60,476 million tonnes in 2021. China is the biggest buyer of Brazilian oilseed.

Spain ranked second with 3,281 million tonnes, down 9% from last year’s period. Thailand ranked third with 2,614 million tonnes, down 8% year on year.

Overall, Brazilian soybean exports totaled 77,033 million tonnes in 2022. In the same period last year, they were 86.11 million tonnes.

(Source: Canal Rural)