Product:

LATAM exports 71,051 MUSD of GM soybean to 140 countries.

This section focuses on exports of products and by-products of GM crops from countries with 70% or greater adoption rate of those GM crops. Seeds, niche market products or molecular farming products are not included.

LATAM GM soybean product exports (MUSD)

Exports of products and by-products derived from GM soybean from each country in millions of dollars (MUSD) over the years. Each color corresponds to a country.

LATAM GM soybean product exports (Mton)

Exports of products and by-products derived from GM soybean from each country in millions of tons (Mton) over the years. Each color corresponds to a country.

Soybean exports by product

GM soybean export, by LATAM's countries.

Share of LATAM in world exports of Soybean (%)

Percentage of what is exported worldwide of this product originating from LATAM and from each country (calculated in export values).

Soybean's main export destinations

Top 5 destinations for GM soybean exported from LATAM, shown in millions of USD (MUSD), LATAM and each country's percentage share in total soybean exports and LATAM and each country's share in total destination country´s GM soybean imports.

#	Destination	MUSD	Share (%) in LATAM's Soybean Exports	Share (%) in destination country Soybean imports
1	China	29,612	41.3%	67.8%
2	India	4,173	5.8%	71.3%
3	Netherlands	3,403	4.7%	28.1%
4	Spain	2,528	3.5%	53.7%
5	Vietnam	2,490	3.5%	77.4%

Soybean's main export destinations

Export destinations of GM soybean from LATAM.

#	Destination	MUSD	Share (%) in Argentina's Soybean Exports	Share (%) in destination country soybean imports
1	India	2,857	16.2%	50.9%
2	China	2,432	13.8%	5.2%
3	Vietnam	1,463	8.3%	48.9%
4	Netherlands	1,341	7.6%	9.7%
5	Indonesia	1,119	6.4%	33.9%

#	Destination	MUSD	Share (%) in Bolivia's Soybean Exports	Share (%) in destination country soybean imports
1	Colombia	597	41.0%	22.4%
2	Peru	463	31.8%	39.5%
3	Ecuador	199	13.7%	36.2%
4	Argentina	88	6.0%	4.6%
5	Chile	73	5.0%	20.7%

#	Destination	MUSD	Share (%) in Brazil's Soybean Exports	Share (%) in destination country soybean imports
1	China	26,938	56.0%	61.0%
2	Thailand	2,336	4.9%	77.1%
3	Netherlands	2,022	4.2%	18.0%
4	Spain	1,911	4.0%	30.5%
5	India	1,144	2.4%	20.4%

#	Destination	MUSD	Share (%) in Paraguay's Soybean Exports	Share (%) in destination country soybean imports
1	Argentina	1,693	51.0%	81.4%
2	Brazil	297	8.9%	75.1%
3	Russia	219	6.6%	26.6%
4	India	172	5.2%	0.0%
5	Chile	122	3.7%	20.1%

#	Destination	MUSD	Share (%) in Uruguay Soybean Exports	Share (%) in destination country soybean imports
1	Others*	684	57.4%	n/a
2	China	242	20.3%	1.6%
3	Argentina	86	7.2%	7.4%
4	Egypt	77	6.5%	8.6%
5	Bangladesh	29	2.5%	0.0%

Based on Comtrade data. Ave. 2020, 2021, 2022