Brazil Solidifies Lead as China’s Top Soybean Supplier

Recent data from China’s General Administration of Customs shows China imported 12.26 million metric tons of soybeans in June 2025, the highest ever for that month. Brazil supplied 10.62 million tons—nearly 87% of the total.

That’s a 9.2% increase from a year ago and shows how Brazilian farmers and exporters now dominate this key trade flow. Shipments from the United States also rose 21% to 1.58 million tons, but the U.S. now trails far behind.

Brazil’s advantage stems from a bumper 2024/25 soy harvest, a favorable exchange rate making its beans cheaper, and the ongoing U.S.-China trade tensions that push Chinese buyers to look elsewhere for reliable supplies.

Between January and June, Brazil sold China over 31 million tons of soybeans, though this was slightly less than last year due to earlier shipping delays.

Meanwhile, U.S. shipments for that period grew to 16.15 million tons—still less than Brazil but a 33% jump over 2024. This split shows that while China still values some diversity, it increasingly depends on Brazil to feed its vast livestock sector.

Analysts expect Brazilian shipments to stay high through summer. The longer-term picture is less certain. If U.S.-China trade disputes worsen, Brazil’s role could grow even more.

But with so much of China’s food supply tied to one country, risks from poor weather or policy changes in Brazil could ripple across markets. As the world’s top soy importer, China’s sourcing matters to global farm economies and food prices.

These shifting trade patterns highlight how farm productivity, politics, and currency shifts combine to shape what ends up on dinner plates everywhere.