Brazilian Soybean Oil in Global Markets
Summary by brazilianfarmers.com
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1 Articles
Brazilian Soybean Oil in Global Markets
In 2024, Brazil exported 1.37 million tons of soybean oil, yielding USD 1.31 billion in revenue. India was the main destination country, accounting for 58% of the total volume, followed by China, Bangladesh, Algeria, and Venezuela. Production is estimated at 11.37 million tons for the 2024-25 crop year. The figures reflect Brazil’s consistent input to the global supply of soybean oil and the increasing demand from key international markets. Prod…
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