INSUBCONTINENT EXCLUSIVE:
Latest trade figures show oil exports at $41.86 billion, trailing soybeans by merely $60 million at $41.92 billion.This gap continues to
narrow as oil shipments accelerate while soybean exports slow down
The numbers tell a clear story of change
Oil exports jumped 10.6% to $38.29 billion in the first ten months of 2024.Meanwhile, soybean exports dropped 15.6% to $40.97 billion
Soybean exports declined due to a smaller harvest, down by 7.23 million tons from the previous year.Oil Poised to Overtake Soybeans as
(Photo Internet reproduction)Meanwhile, oil production reached new heights, creating a larger exportable surplus
development carries weight beyond mere statistics
country now stands as both an agricultural powerhouse and an energy supplier in global markets
alternative supply channel, potentially influencing global energy trade patterns and prices
market forces rather than government intervention
