European Union imports 60% of its soybean needs from Brazil

The data, based on customs data submitted by the 27 EU member states, may be revised in the coming weeks.

RIO DE JANEIRO, BRAZIL - Imports of soybeans into the European Union (EU) in the 2021/22 season, which ended on June 30, totaled 14.54 million tons, down 6% from the previous cycle, data released by the European Commission show.

The volume imported from Brazil, the world's largest oilseed supplier, reached almost 60% of the total volume purchased by the EU in 2021/22, or about 8.5 million tons.

Soybean meal imports in the 2021/22 marketing year total 16.50 million tons, down 4.5% from the previous season.

Brazil, which has the EU as its main . . .

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