Tridge summary
The Netherlands saw a significant shift in its soybean imports in the first half of 2020, with a 40% increase to 1.6 billion kilograms from Brazil, while imports from the United States decreased by 19% compared to the same period in 2019. The total soybean imports, including from both countries, increased by 14% in volume and 17% in value to 2.4 billion kilos and 811 million euros, respectively. Around 25% of these imports are re-exported, with the rest being processed into soybean meal and oil for both local and international markets. The country also imported soybean meal for re-export, with a total import value of 1.3 billion euros, primarily from Brazil and to a lesser extent from the United States. The main destinations for these soy exports, which include Dutch products and re-exports, are Germany, Belgium, and the United Kingdom, with a total export value of 1 billion euros.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
In the first six months of 2020, the Netherlands imported 1.6 billion kilograms of soybeans from Brazil. That is 40% more than in the first half of 2019. At the same time, imports from the United States decreased by 19% compared to 2019. Statistics Netherlands reports. Total imports in the first half of this year amounted to 2.4 billion kilos of soybeans. That corresponds to an import value of 811 million euros. The total import quantity is 14% higher than in the first half of 2019 and the total import value 17% higher. Approximately 25% of all soybeans imported by the Netherlands immediately go abroad as re-export. The majority is processed in Dutch factories into soybean meal, mainly as animal feed product, or into soybean oil for human consumption in particular. The soy products are not only for the Dutch market, but also go abroad as exports of Dutch origin. In addition, the Netherlands also imports soybean meal that goes directly abroad as re-export. The total import of ...
Source: Agri Holland
Would you like more in-depth insights?
Gain access to detailed market analysis tailored to your business needs.
Related market data
Read more relevant content
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.