This work aims at verifying the competitiveness of the Brazilian soybean in relation to European Union and the of Asia-Pacific Economic Cooperation (APEC) Forum. To do so, the Revealed Comparative Advantage Index (RCAI), and the Regional Orientation Index (ROI) were used. The findings show that Brazil has been presenting a positive Revealed Comparative Advantage Indexes on the considered period and these were increasing except during the years of 1995, 1996, 1999 and 2003. The reason of these drops off may be related to the high exchange rates between 1995 and 1998 and, due to variations in the Brazilian and World soybean exportations. The ROI result concerning the European Union indicates that the exports are concentrated to the block. Although, this rate was falling during the analyzed period, the soybean exports are increasing to the block. This may indicate that the soybean exports to other markets are proportionally increasing, more the to the European Union. The ROI analyses to APEC indicated that the exports are extra APEC orientated; however, countries like China and Japan, that are members of the block, are great importers of Brazilian soybean nowadays.