February 8, 2024

 

Germany's soybean meal exports rose by 8% in July-November 2023

 

Germany's export of both rapeseed and soybean meal rose sharply in July-November 2023, compared to the previous year.

 

The commodities were mainly sold to other EU countries.

 

According to information published by the German Federal Statistical Office, Germany exported a total of 783,000 tonnes of rapeseed meal. This translated to a 30% rise over the same period in 2022.

 

Exports of soybean meal also increased during this period, though less strongly. At 738,000 tonnes, Germany delivered around 8% more than in the period of July-November 2022.

 

The Netherlands was the main buyer, as it was in previous years. From Dutch ports, the commodities are then shipped around the world.

 

From July to November 2023, Germany sold around 333,900 tonnes to the Netherlands. This was up around 32% year-on-year.

 

Denmark ranked second among the most important recipients, with shipments growing just less than 8% to around 92,000 tonnes. German deliveries to Finland rose as much as 45% to 78,800 tonnes on the first five months of the 2022/23 marketing year. Rapeseed meal exports to Spain, Sweden and Ireland also grew.

 

Soybean meal exports also went mostly to other EU countries. The largest recipient of soybean meal from Germany was Denmark.

- Biofuels International