40 percent more soybeans from Brazil

Published 2020년 9월 30일

Tridge summary

In the first half of 2020, the Netherlands has emerged as the largest importer of Brazilian soybeans in the European Union and globally, the fourth largest after China, Argentina, and Mexico, with imports reaching 1.6 billion kilos, a 19% decrease from the United States. The total soybean imports amounted to 2.4 billion kilos, valued at 811 million euros, marking a 17% increase from the previous year. The Netherlands relies heavily on these imports to support its protein crop needs, primarily soy, with a 65% increase in imports from Brazil since 2019. The country is now the EU's largest importer of soybeans, with plans to reduce its reliance on imports in favor of increasing the cultivation of European protein crops such as alfalfa, lupins, field beans, and field peas. Additionally, the Netherlands re-exports a significant portion of the imported soybeans, which are processed into soybean meal and oil for both animal feed and human consumption, with a total export value of 1 billion euros in the first half of 2020.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

A total of 1.6 billion kilos of Brazilian soybeans were shipped to the Netherlands in the first six months of 2020. Imports from the United States fell 19 percent. The total import amounted to 2.4 billion kilos with an import value of 811 million euros. The total import value was 17 percent higher than in 2019. Since 2019, Brazil has once again been the largest supplier of soybeans to the Netherlands, according to Statistics Netherlands. Less is being imported from the United States. From 2014 to 2018, the United States was the main supplier of soybeans to our country. Brazilian soybeans In 2018, 23 percent of the soybeans came from Brazil. A year later, in 2019, that was 44 percent. In the first half of 2020, 65 percent were of Brazilian descent, but this is partly due to seasonal effects. In 2019, 82 percent of soy came from Brazil and the United States. The Netherlands is the largest importer of soybeans in the European Union and the fourth largest importer worldwide according ...
Source: Nieuwe Oogst

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