ANEC said Brazil's soybean exports are estimated at 7.31 million tons in October 2025, up from the 7.12 million tons forecast a week ago. This represents a 65% increase from 4.43 million tons in October last year and an increase from 6.97 million tons in September. China remains the primary destination for Brazilian soybeans, accounting for 93% of Brazilian soybean exports in September, equivalent to 6.5 million tons. From January to September this year, China accounted for 79.9% of Brazilian soybean exports, above the historical average of 74%.
Brazil's soybean exports in the first 10 months of this year will reach 102 million tons, compared to 93.49 million tons in the same period last year.
ANEC previously stated that Brazil's soybean exports from October to December would be approximately 16 million tons, supporting its target of a record 110 million tons for full-year exports, exceeding the 97.3 million tons in 2024 and the previous record of 101.3 million tons in 2023.
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