# Argentina ramps up soyabean imports from Paraguay and Brazil

> Argentina imported about 3 million tonnes of soybeans from Brazil and Paraguay in the first four months of the year, per a USDA report. Soybean output was cut to 25 million tonnes after drought, the lowest in more than two decades. Record imports helped crushers keep operating despite the shortfall.

- Date: 2023-07-03 · published 2023-07-03T12:00:00.000Z
- Category: trade · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/13959-argentina-ramps-up-soyabean-imports-from-paraguay-and-brazil
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Strong import flows from neighbouring countries partly offset Argentina's production loss, cushioning crush and meal supply. The net price effect on soybeans and meal is limited, though the drought still tightens the regional balance.

## Read by commodity

- SBM: neutral
- SOY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-11-15 | [China mulls importing soybean meal from Brazil as supply shortage bites](https://feedsoft.ai/events/38746-china-mulls-importing-soybean-meal-from-brazil-as-supply-shortage-bites.md) | -0.3% | +2.6% |
| SOY | 2023-07-18 | [China diversifies imports from Brazil, but soybeans remain top priority - DatamarNews](https://feedsoft.ai/events/14829-china-diversifies-imports-from-brazil-but-soybeans-remain-top-priority.md) | +2.6% | -6.3% |
| SOY | 2021-11-03 | [Argentina: Soybean exports in 2020/21 reached 33.1](https://feedsoft.ai/events/14073-argentina-soybean-exports-in-2020-21-reached-33-1.md) | -3.6% | -1.3% |
| SOY | 2024-12-20 | [China’s Nov soy imports from Brazil falls 25% y/y, US arrivals jump - Markets - Business Recorder](https://feedsoft.ai/events/14696-china-s-nov-soy-imports-from-brazil-falls-25-y-y-us-arrivals-jump-markets.md) | +1.8% | +10.8% |
| SOY | 2019-10-18 | [After trade talks in U.S., China ramps up Brazilian soy purchases](https://feedsoft.ai/events/56428-after-trade-talks-in-u-s-china-ramps-up-brazilian-soy-purchases.md) | +0.2% | -3.4% |
| SBM | 2026-07-17 | [Argentina’s soybean industry becomes increasingly dependent on imports from Paraguay](https://feedsoft.ai/events/13784-argentina-s-soybean-industry-becomes-increasingly-dependent-on-imports-from.md) | +2.0% | -2.8% |
| SBM | 2022-01-20 | [China's 2021 soy imports from U.S. rise while Brazilian shipments fall \| Reuters](https://feedsoft.ai/events/14961-china-s-2021-soy-imports-from-u-s-rise-while-brazilian-shipments-fall-reuters.md) | +0.2% | +11.1% |
| SBM | 2025-12-08 | [China Set for Record 2025 Soybean Imports on Brazil Buys, U.S. Trade Truce](https://feedsoft.ai/events/21532-china-set-for-record-2025-soybean-imports-on-brazil-buys-u-s-trade-truce.md) | -1.5% | -3.0% |

## Sources

- ofimagazine.com: https://www.ofimagazine.com/news/argentina-ramps-up-soyabean-imports-from-paraguay-and-brazil

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.