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/Datamar News