{"id":2305,"date":"2019-07-30T17:20:27","date_gmt":"2019-07-30T09:20:27","guid":{"rendered":"https:\/\/www.agrinoon.com\/agriculture\/?p=2305"},"modified":"2019-07-30T17:20:27","modified_gmt":"2019-07-30T09:20:27","slug":"usda-soybeans-accounted-majority-us-brazils-agricultural-exports-china","status":"publish","type":"post","link":"https:\/\/www.agrinoon.com\/agriculture\/2019\/07\/30\/usda-soybeans-accounted-majority-us-brazils-agricultural-exports-china\/","title":{"rendered":"USDA: Soybeans accounted for majority of US, Brazil’s agricultural exports to China"},"content":{"rendered":"
\"\"<\/div>\n
\nChina is the world\u2019s largest importer of soybeans and represented 65 percent of global soybean imports in 2017.<\/div>\n
<\/div>\n
Soybeans are the most prominent agricultural commodity exported to China by both the United States and Brazil.<\/div>\n
<\/div>\n
2017, prior to the Chinese government\u2019s implementation of tariffs on U.S. soybeans, exports of soybeans were valued at $12.3 billion and accounted for 63 percent of U.S. agricultural exports to China.<\/div>\n
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Conversely, soybeans accounted for less than 20 percent of U.S. agricultural exports to other regions.<\/div>\n
<\/div>\n
For example, U.S. soybean exports to Southeast Asia\u2014the second-largest destination\u2014were valued at $1.95 billion but accounted for 17 percent of agricultural exports to that region.<\/div>\n
<\/div>\n
The share of soybeans in U.S. agricultural exports was 14 percent for the European Union, 10 percent for the Middle East and North Africa, and 7 percent for other East Asian countries.<\/div>\n
<\/div>\n
The share of soybeans in Brazil\u2019s agricultural exports to China was larger. During 2017, $20.3 billion of soybean exports accounted for nearly 88 percent of Brazil\u2019s agricultural exports to China.<\/div>\n
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Soybeans accounted for 14 percent of Brazil\u2019s agricultural exports to the European Union\u2014the second largest destination for Brazil\u2019s soybeans.<\/div>\n
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This chart appears in the ERS report, \u201cInterdependence of China, United States, and Brazil in Soybean Trade,\u201d released in June 2019.<\/div>\n
\n
\n

Source:\u00a0USDA<\/a><\/span><\/h4>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

China is the world\u2019s largest importer of soybeans and represented 65 percent of global soybean imports in 2017. Soybeans are the most prominent agricultural commodity exported to China by both the United States and Brazil. 2017, prior to the Chinese government\u2019s implementation of tariffs on U.S. soybeans, exports of soybeans were valued at $12.3 billion… Continue reading USDA: Soybeans accounted for majority of US, Brazil’s agricultural exports to China<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"class_list":["post-2305","post","type-post","status-publish","format-standard","hentry","category-industry-news","entry"],"yoast_head":"\nUSDA: Soybeans accounted for majority of US, Brazil's agricultural exports to China - agrinoon<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.agrinoon.com\/agriculture\/2019\/07\/30\/usda-soybeans-accounted-majority-us-brazils-agricultural-exports-china\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"USDA: Soybeans accounted for majority of US, Brazil's agricultural exports to China - agrinoon\" \/>\n<meta property=\"og:description\" content=\"China is the world\u2019s largest importer of soybeans and represented 65 percent of global soybean imports in 2017. 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