Wedoany.com Report-Mar 31, On March 25, Brazilian soybean exporters began loading ships with 22.8 million tons of soybeans, of which 17.7 million tons were destined for China. According to analysts at Agrinvest, these figures represent a new record. Notably, this shipment surpasses the 33 million tons purchased from Brazil by China in the previous quarter (December 2024). Additionally, it is 7 million tons more than the volume shipped during the same period in the previous season. Experts agree that the current soybean shipment volumes to China are still not fully reflecting the impact of the ongoing trade war. Over time, Chinese demand for soybeans is expected to shift increasingly from the United States to Brazil.

Analysts also anticipate that Brazilian soybean exports to China will exceed the 18 million tons recorded in the first quarter of last year, with an increase of about 2 million tons compared to the previous year. According to grain exporter ANEC, China accounted for 79% of Brazilian soybean exports in January and February, up from 75% in the same period last year. Industry officials attribute the growing demand for Brazilian soybeans in China to factors such as rising global prices and increased production capacity. ANEC previously predicted that Brazil’s soybean exports could reach 110 million tons in 2025. This year’s soybean harvest is expected to set a record, with a total of 170 million tons produced.

The increased shipments to China reflect Brazil’s efforts to diversify its export markets and capitalize on the growing interest in soybeans in the world’s largest economy. As the trade war continues to impact global markets, Brazil’s strategic partnerships with China are becoming increasingly important for its agricultural sector. This trend is likely to have a significant impact on Brazil’s soybean industry in the coming years.