On the 8th local time, the Brazilian National Grain Exporters Association projected that Brazil’s total soybean exports from January to October 2025 will exceed 100 million tons, reaching 102.2 million tons, surpassing the previous record set in 2023. It is estimated that Brazil’s total soybean exports for the entire year of 2025 will reach 110 million tons.
According to the association’s data, China is the main export destination for Brazilian soybeans. So far this year, 79.9% of Brazil’s soybean exports have gone to China. In September, 6.5 million tons of soybeans were exported to China, accounting for 93% of the total exports for that month.
