According to CLAL.it and TESEO processing on WASDE – USDA data, three countries produce 82% of world Soybean production. Soybean total production is 340.86 Mio Tons per year, and the main three producers are:
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United States (35% of the total),
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Brazil (33%) and
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Argentina (14%).
The same three countries account for 89% of the global Soybean export, which totals 150.60 Mio Tons per year*.
Since 2012 Brazil has become the world’s leading Soybean exporter, with a share of 47%, surpassing the United States (37%). Argentina follows, with a global share of 5%. Since 2012 exports have been growing year by year.
The main importing countries area: China (67% share), EU-28 (9%) and Mexico (3%). In the season 2012-13 global Soybeans imports were below 100 Mio Tons, today the global trade volume reached 151.3 Mio Tons*.
In the light of these global trends, it is natural to ask: is a trade war really worth it?
* global export and import data may differ slightly, probably due to the customs system.
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The CLAL.it team is composed of young people who with the help of Computer Science study the dairy market and develop tools to provide the Operators of the dairy sector with a comprehensive real-time view of the national and international market trends.
