Brazil's August soybean oil exports increased by 31pc from a year earlier to nearly 206,648 metric tonnes (t), driven by stronger Indian demand.
January-August exports increased by 42pc from a year earlier to around 1.57mn t.
India was the leading destination, accounting for nearly 176,683t, or 85pc of total Brazilian soybean oil exports in August.
Increased international demand for Brazilian soybean oil comes as buyers switch to soybean oil cargos after palm oil prices surged following higher biodiesel blending mandates in Indonesia and Malaysia. This brought Latin American soybean oil into focus among Asian vegetable oil importers.
At this rate, Brazil's soybean oil shipments could reach 2mn t in 2026, according to grain processing companies' estimates, higher than the 1.7mn t projected from Brazil's association of vegetable oil industries Abiove.
Beef tallow exports
Brazil's August tallow exports fell by approximately 37pc year-on-year to 40,600t. January-August exports dropped by 35pc from the same period in 2025 to around 231,800t.
The decline was largely driven lower volumes to the US, the main overseas destination for Brazil's beef tallow. Higher tariffs and uncertainty over trade policy have reduced buying interest and disrupted established trade flows.
Market participants expect exports of beef tallow to decline further in the coming months, as most of the volumes shipped recently were negotiated before the new tariffs imposed by the administration of US president Donald Trump took effect.
The limited quantities still expected to be exported to the US are likely to move under duty drawback provisions, which allow tariffs paid on imported inputs to be refunded under certain conditions.
Biodiesel exports
Brazil exported approximately 7,400t of biodiesel in August, down by 45pc from the same month a year earlier.
Cumulative exports for January-August totaled about 73,130t, up by 6pc from the corresponding period in 2025.
Monthly export volumes are driven not only by overseas demand and arbitrage opportunities, but also by the availability of biodiesel produced from low-carbon feedstocks.
This is particularly important for Europe, the primary destination for Brazilian biodiesel exports, where fuel must meet sustainability criteria to qualify for greenhouse gas reduction credits and other renewable fuel incentives.
