# Brazil and Canada win big from US-China trade war with record soy exports | Supply Chain Dive

> Brazil and Canada have expanded soybean exports to China during the US-China tariff dispute. Brazilian soy exports rose 85.2% year over year in the first two months of 2019, and Canada quadrupled its January soy shipments to China. US soybean stocks in storage remain high because of low export sales.

- Date: 2019-03-13 · published 2019-03-13T12:00:00.000Z
- Category: trade · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/8267-brazil-and-canada-win-big-from-us-china-trade-war-with-record-soy-exports
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Brazilian and Canadian gains lock in Chinese demand that might otherwise go to US soybeans, which keeps US export prices under pressure. High US stocks could push prices lower if tariffs are lifted.

## Read by commodity

- SOY: bearish ▼
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-03-22 | [Brazil’s intrusion on US soy exports to China somewhat mimics trade-war era](https://feedsoft.ai/events/14764-brazil-s-intrusion-on-us-soy-exports-to-china-somewhat-mimics-trade-war-era.md) | -1.7% | -5.1% |
| SOY | 2025-08-07 | [China soybean imports hit record July high on strong Brazil exports, US trade uncertainties \| Reuters](https://feedsoft.ai/events/12452-china-soybean-imports-hit-record-july-high-on-strong-brazil-exports-us-trade.md) | +6.4% | +5.3% |
| SOY | 2019-11-06 | [Panamax rates slide as trade war bites into US soybean exports to China](https://feedsoft.ai/events/56287-panamax-rates-slide-as-trade-war-bites-into-us-soybean-exports-to-china.md) | -1.7% | -4.7% |
| SOY | 2018-01-25 | [Soy source: Brazil's share of soybean exports to China hits record](https://feedsoft.ai/events/67014-soy-source-brazil-s-share-of-soybean-exports-to-china-hits-record.md) | +0.4% | +4.0% |
| SOY | 2018-11-14 | [Amid Trade Spat With US, China To Boost Grain Import From Belt And Road Nations](https://feedsoft.ai/events/61934-amid-trade-spat-with-us-china-to-boost-grain-import-from-belt-and-road-nations.md) | +1.6% | +4.6% |

## Sources

- supplychaindive.com: https://www.supplychaindive.com/news/Brazil-Canada-winners-tradewar-soy/550416/

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