News

Dutch soybean imports from Brazil will increase by 40%

Soybean
Brazil
Netherlands
Published Oct 2, 2020

Tridge summary

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.

Original content

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 soybeans and soybean meal was worth 1.3 billion euros in the first half of 2020. About 64% came from Brazil and 18% from the United States. Total soy exports in the ...
Source: Agri Holland
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