Brazil shipped 120 million metric tonnes ( mt ) of soyabeans to China between January and August , representing 78.8 % of its total exports of the commodity , up from last year 's figures of 44.1 million mt or 77.5 % . Overall , Brazilian soyabean exports rose 20 % annually to $ 25.72bn by value for the period , reaching a record 120 million mt by volume . Soyabean shipments to China make up 30 % of Brazil ’s overall agriculture exports , as it benefits from the trade war between the country and China , but also grows reliance on the Far trade .
Brazil shipped 50.9 million metric tonnes (mt) of soyabeans to China between January and August, representing 78.8% of its total exports of the commodity, up from last year's figures of 44.1 million mt or 77.5%. Overall, Brazilian soyabean exports rose 20% YoY to $25.72bn by value for the period, reaching a record 64.6 million mt by volume. Soyabean shipments to China made up 30% of Brazil’s overall agriculture exports, as it benefits from the trade war between the US and China, but also grows reliance on the Far East.