Both Brazil and Argentina export a large proportion of their production to Europe, which does not apply to the USA to the same extent. Exports to China from all three countries are on the increase.

Brazilian soy export

• In 10 years the export of Brazilian soy has almost doubled, from 18 to 32 million tonnes.
• The percentage of Brazil’s export of soy to the EU has decreased since 1999, from 77% to 50%. This can be ascribed to the increased demand from China.
• Currently, 30% of Brazil’s soy export goes to China.

* expressed as soy meal equivalent (total amount of soy meal and 80% of the amount of beans)

Argentinian soy export

• In 10 years the export of Argentinian soy has more than doubled from 15 to 34 million tonnes.
• In this period the export of soy to the EU increased over 50% from 9 to 15 million tonnes.
• Currently, 22% of Argentina’s soy export goes to China.

* expressed as soy meal equivalent (total amount of soy meal and 80% of the amount of beans)

USA soy export

• In 10 years, the export of soy from the United States to China has increased more than eightfold, from 1.5 to 13 million tonnes.
• In the same period, export to Europe decreased from 5 to 3 million tonnes.
• Currently, the total of the USA’s export of soy is smaller than that of Brazil and Argentina.