Commodity Origins

How much soybeans do Brazil produce and export?

Brazil is the largest producer of soybeans: 144.5 million tonnes in 2024, 36% of the world's 397.7 million tonnes (FAOSTAT). It is the largest exporter by value: $43.2 billion in 2024, 54% of world exports of soybeans (HS 1201) (CEPII BACI). Its biggest customer is China, which takes 73% of its soybeans exports by value.

All about soybeans · All about Brazil · Soybeans price history

Brazil's soybeans production

Brazil soybeans production, 2024
World rankProduction (tonnes)Share of worldTen-year growthYear
1144.5 million tonnes36%+5.2% a year2024

FAOSTAT Crops and livestock products (QCL), 2024. World total is the sum of reporting countries.

Brazil soybeans production monthly prices, tonnes, Jan 1961 to Jan 2024Line chart of brazil soybeans production monthly prices in tonnes from Jan 1961 to Jan 2024: Brazil soybeans production from 271,488 to 144,473,768, peaking at 152,144,238.050,000,000100,000,000150,000,000196519701975198019851990199520002005201020152020tonnes
Brazil soybeans production

Share of world output over time

Brazil's share of world soybeans production in selected years
19902000201020202024
18%20%26%34%36%

Average annual share by decade: 1960s 1.5%, 1970s 11%, 1980s 18%, 1990s 18%, 2000s 24%, 2010s 30%, 2020s 36%. See the concentration-over-time report.

Brazil's soybeans exports

Brazil exports of Soya beans, 2024
World rankExport valueShare of world exportsQuantity (tonnes)Average value per tonneYear
1$43.2 billion54%98.9 million t$4372024

CEPII BACI international trade database (HS22, V202601), HS 1201 (Soya beans).

Where Brazil's soybeans goes

Largest destinations of Brazil's soybeans exports, 2024
DestinationValueShare of Brazil's exports
China$31.5B73%
Spain$1.8B4.1%
Thailand$1.5B3.5%
Turkey (Türkiye)$1.0B2.3%
Iran$827M1.9%

Largest five destinations of 1,967 exporter-importer pairs BACI reports for 2024. See trade flows.

Brazil as a buyer of soybeans

Of its $313.4 million of soybeans imports in 2024, 99% came from Paraguay and 1% from Uruguay, among 10 suppliers.

Import dependency · Supplier shifts

How much soybeans Brazil uses

Brazil's domestic supply of soybeans was 59.2 million tonnes in 2023, 16% of the world's. Food supply was 0.0 kg per person a year, 127th highest of 141 countries with a million or more people. It produced 302% of what it used (self-sufficiency) and imported 0%. FAO's item is "Soyabeans". Consumption · Self-sufficiency.

The soybeans price Brazil sells into

The benchmark price, US, CIF Rotterdam, was $524/t in September 2026, up 30% over twelve months. Its five-year volatility is 18% a year, calmer in 61% of its earlier five-year windows. A single country's export price can differ from the benchmark: see trade price against benchmark. Monthly averages lag the market and are not investment advice. Soybeans price history.

Cite as: Commodity Origins, "Brazil soybeans: production, exports and prices", https://commodityorigins.com/countries/BRA/soybeans/ (CC BY 4.0). Rankings count only countries reporting to the sources named; this page is shown only for top-five producers or exporters with at least 3% of the world total. Report an issue with this page.