INTERNATIONAL COMMODITIES MARKET: AN ANALYSIS OF BRAZIL'S PARTICIPATION IN THE GLOBAL SOYBEAN MARKET BETWEEN 2008 AND 2019
DOI:
https://doi.org/10.21527/2237-6453.2020.51.76-92Keywords:
Commodity market. Exports of soybeans. Market concentration.Abstract
Soybeans are one of the main commodities marketed today. Looking for an analysis of the concentration of the world soybean markets, referring to the main exporters and a visualization of how Brazil presents itself in such a scenario, the study in question used secondary data to calculate the market concentration CR (k) and the Hirschman-Herfindahl Index. There was a strong concentration of market share in world soybean trade, where the two main producers of soybeans are responsible for an average of 80% of all world exports in the period studied. Although Brazil ranks as the second largest producer of grain, during the period analyzed, from 2012, mainly, the country assumed the first position as the main exporter of soybeans in the world, representing more than 50% of the total marketed.
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