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Brazil's Transportation Infrastructure and Competitiveness in the Soybean Market

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Abstract

In 2013, Brazil surpassed the United States to become the world's largest soybean exporter. Brazil's soybean production and exports have accelerated since its trade liberalization in the mid-1990s, and it has gained extra competitiveness over the United States in the export market during the US-China trade war, when China imposed several waves of retaliatory tariffs on US soybeans. For interested readers, a tool is available on the CARD website that shows historical revealed comparative advantages for six leading export countries. In the 2019/20 marketing year, Brazil's soybean exports reached 92 million metric tons, about twice that of US soybean exports. While Brazil's increasing competitiveness in the oilseed market depends critically on its advanced soybean production technology, its adaptation of a double-cropping soy-corn system in the savanna, extended periods of currency depreciation, and declining transportation costs resulting from expanding transportation infrastructure network are key factors as well.

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  • Xi He & Guilherme DePaula & Wendong Zhang, 2021. "Brazil's Transportation Infrastructure and Competitiveness in the Soybean Market," Center for Agricultural and Rural Development (CARD) Publications apr-fall-2021-1, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    • Handle: RePEc:ias:cpaper:apr-fall-2021-1
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    File URL: https://www.card.iastate.edu/ag_policy_review/article/?a=132
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    1. Alejandro Plastina & Wendiam Sawadgo, 2021. "Cover Crops and No-till in the I-States: Non-Permanence and Carbon Markets," Center for Agricultural and Rural Development (CARD) Publications apr-fall-2021-7, Center for Agricultural and Rural Development (CARD) at Iowa State University.
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    Cited by:

    1. César Ramírez-Márquez & Thelma Posadas-Paredes & Alma Yunuen Raya-Tapia & José María Ponce-Ortega, 2024. "Natural Resource Optimization and Sustainability in Society 5.0: A Comprehensive Review," Resources, MDPI, vol. 13(2), pages 1-20, January.

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