The difference is that since then, Brazil’s soybean production has surged by 40%, meaning the volumes involved today are far larger. Shifting Soybean Global Trade PatternsChina drives the global soybean trade, accounting for about 60% of worldwide imports. In the seven years following the trade war, from 2018 to 2024, that share declined to an average of 47%. Even before the recent hiccup in U.S. soybean exports, net returns were projected to be relatively low. Soybean Harvest Starts with No Sign of Chinese Buying as Brazil Sets Export Record was originally published by Farmdoc.