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Global Soybean Trade: A Complex Network Analysis of Key Exporters and Importers (2003-2023)

Author

Listed:
  • Henrique Friedrich DE OLIVEIRA

    (University of Debrecen, Institute of Methodology and Business Digitalization, Hungary)

  • Péter LENGYEL

    (University of Debrecen, Institute of Methodology and Business Digitalization, Hungary)

Abstract

The article provides a comprehensive analysis of the global soybean trade, emphasizing its evolution and significance in the context of food security and nutrition. Originating in East Asia, soybeans have transformed into a crucial commodity, particularly influenced by geopolitical dynamics and trade relations, especially between the United States and China. Recent disruptions, including tariffs and the COVID-19 pandemic, have reshaped trade flows, presenting both challenges and opportunities for various countries. Utilizing Social Network Analysis (SNA), the study elucidates the complex interconnections among producers, exporters, and importers, highlighting key players like the U.S. and Brazil as dominant exporters while China stands out as the largest importer. The research underscores the environmental implications of soybean cultivation, particularly in Brazil, where expansion has led to deforestation. By analyzing trade patterns from 2003 to 2023, the article aims to inform policymakers and stakeholders about the intricate dynamics of soybean trade, ensuring strategies that promote food security and sustainable practices amid ongoing global challenges.

Suggested Citation

  • Henrique Friedrich DE OLIVEIRA & Péter LENGYEL, 2024. "Global Soybean Trade: A Complex Network Analysis of Key Exporters and Importers (2003-2023)," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, vol. 0(36), pages 203-216, December.
    • Handle: RePEc:cmj:seapas:y:2024:i:36:p:203-216
    DOI: 10.70147/s36203216
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