European Union | Imports | Brazil | Soya beans (soybeans) | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
| Commodity | Reporter | Partner | Trade flow | Indicator | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| 1201. Soya beans, whether or not broken | European Union | Brazil | Imports | Value (US$) | 3,308,482,223.00 | 2,880,849,610.00 | 3,262,213,371.07 | 2,340,884,449.87 | 2,227,085,887.73 | 2,026,321,550.77 | 2,210,322,984.91 | 1,883,868,337.67 | 2,911,959,833.07 | 4,512,887,586.16 | 4,372,740,578.70 | 3,015,544,838.20 |
| Value Growth, YoY (%) | 21.90 | -12.92 | 13.23 | -28.24 | -4.86 | -9.01 | 9.08 | -14.76 | 54.57 | 54.97 | -3.10 | -31.03 |
The value of imports of commodity group 1201 "Soya beans, whether or not broken" to European Union from Brazil totalled $ 3.01 billion in 2023. Sales of commodity group 1201 to European Union from Brazil declined by 31% compared to 2022.imports of commodity group 1201 "Soya beans, whether or not broken" decreased by $ 1.35 billion (the value of sales of commodity group 1201 to European Union from Brazil was equal to $4.37 billion in 2022)
Imports of commodity group 1201 amounted to 6.28% of total merchandise imports to European Union from Brazil (in 2023, total imports to European Union from Brazil were $ 48 billion). The share of commodity group 1201 in total imports to European Union from Brazil decreased by 2.01 p.p. compared to 2022 (it was 8.29% in 2022 and cumulative imports to European Union from Brazil were equal to $ 52 billion).
Imports of commodity group 1201 accounted for 96% of total imports of group "" to European Union from Brazil in 2023 (in 2023, the value of imports of commodity group to European Union from Brazil was $3.13 billion). The share of purchases of commodity group 1201 in total imports of commodity group to European Union from Brazil went down by 1.29 p.p. compared to 2022 (it was 97% in 2022, and imports of commodity group to European Union from Brazil accounted for $4.48 billion).
The share of Brazil in total imports of commodity group 1201 "Soya beans, whether or not broken" to European Union amounted to 38 percent (3.01 billion USD) in 2023 of 7.8 billion USD - the value of total merchandise imports of commodity group 1201 to European Union in 2023. The share of Brazil in imports of commodity group 1201 "Soya beans, whether or not broken" to European Union went down by -11 p.p. in value compared to 2022 (it was 49 percent in 2022, and total imports of commodity group 1201 to European Union were equal to 8.8 billion USD).
