Corn Exports by Country

Corn Exports by Country

Sweet corn cravings

Global sales from corn exports by country totaled US$29.6 billion in 2017.

Overall, the value of corn exports fell by an average -16.2% for all exporting countries since 2013 when corn shipments were valued at $35.4 billion. Year over year, the value of global corn exports appreciated by 0.5% from 2016 to 2017.

Among continents, North American countries accounted for the highest dollar worth of corn exports during 2017 with shipments valued at $10.4 billion or 35% of the global total. In second place was Europe at 30.6% while 30% of worldwide shipments originated from shippers in Latin America (excluding Mexico) and the Caribbean. Africa at 2.4%, Asia at 1.9% and Oceania at 0.1% are much smaller exporters of corn.

The 4-digit Harmonized Tariff System code prefix is 1005 for corn (also called maize).

Corn Exports by Country

Countries

Below are the 15 countries that exported the highest dollar value worth of corn during 2017:

  1. United States: US$9.6 billion (32.3% of total corn exports)
  2. Brazil: $4.6 billion (15.6%)
  3. Argentina: $3.9 billion (13.1%)
  4. Ukraine: $3 billion (10.1%)
  5. France: $1.4 billion (4.8%)
  6. Russia: $887 million (3%)
  7. Hungary: $882.5 million (3%)
  8. Romania: $826.2 million (2.8%)
  9. Mexico: $488.1 million (1.6%)
  10. South Africa: $473.1 million (1.6%)
  11. Canada: $308.4 million (1%)
  12. Serbia: $303.5 million (1%)
  13. Paraguay: $244.6 million (0.8%)
  14. Netherlands: $232.5 million (0.8%)
  15. Poland: $215.6 million (0.7%)

The listed 15 countries shipped 92.4% of all corn exports in 2017 (by value).

Among the above countries, the fastest-growing corn exporters since 2013 were: Mexico (up 87.3%), Russia (up 50.3%), Serbia (up 44%) and the United States (up 39.2%).

Those countries that posted the greatest declines in their exported corn sales were: Paraguay (down -47.2%), Canada (down -46.7%), France (down -45.7%), South Africa (down -38.1%) and Argentina (down -33.6%).

Advantages

The following countries posted the highest positive net exports for corn during 2017. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the surplus between the value of each country’s corn exports and its import purchases for that same commodity.

  1. United States: US$9.1 billion (net export surplus up 74.7% since 2013)
  2. Brazil: $4.4 billion (down -28.1%)
  3. Argentina: $3.9 billion (down -34%)
  4. Ukraine: $2.9 billion (down -20.2%)
  5. France: $1.1 billion (down -50.8%)
  6. Hungary: $778.5 million (up 12.5%)
  7. Russia: $704.8 million (up 64.4%)
  8. Romania: $683.2 million (down -16.4%)
  9. South Africa: $338.7 million (down -55%)
  10. Serbia: $292.3 million (up 55.5%)
  11. Paraguay: $199.1 million (down -48.4%)
  12. Thailand: $163.2 million (up 5.2%)
  13. India: $113.1 million (down -90.9%)
  14. Zambia: $93.9 million (down -36.8%)
  15. Poland: $85 million (down -29.2%)

America has the highest surplus in the international trade of fresh corn. In turn, this positive cashflow confirms Spain’s strong competitive advantage for this specific product category.

Opportunities

The following countries posted the highest negative net exports for corn during 2017. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the deficit between the value of each country’s corn import purchases and its exports for that same commodity.

  1. Japan: -US$3.1 billion (net export deficit down -35.1% since 2013)
  2. Mexico: -$2.4 billion (up 31.9%)
  3. South Korea: -$1.8 billion (down -33.5%)
  4. Egypt: -$1.7 billion (down -13.2%)
  5. Spain: -$1.4 billion (down -12.8%)
  6. Vietnam: -$1.3 billion (up 94%)
  7. Iran: -$1.1 billion (down -29.8%)
  8. Italy: -$1 billion (down -10.9%)
  9. Netherlands: -$953.7 million (down -16.6%)
  10. Colombia: -$913.8 million (down -9.6%)
  11. Taiwan: -$848.9 million (down -28.5%)
  12. Algeria: -$776.5 million (down -13%)
  13. Malaysia: -$728.3 million (down -26.4%)
  14. Peru: -$634.1 million (up 12.7%)
  15. China: -$580.3 million (down -35.8%)

Japan incurred the highest deficit in the international trade of fresh corn. In turn, this negative cashflow highlights Japan’s strong competitive disadvantage for this specific product category but also signals opportunities for corn-supplying countries that help satisfy powerful consumer demand.

Companies

Corn Exporting Companies

Below are corn-processing conglomerates that represent large players in the global corn market. Shown within parenthesis is the country where the company is headquartered.

  • Archer-Daniels-Midland Co. (United States)
  • Bunge Limited (United States)
  • Cargill, Inc (United States)
  • Ingredion Incorporated (United States)
  • Louis Dreyfus Holding B.V. (Netherlands)
  • Mriya Agro Holding (Ukraine)
  • SLC Agrícola (Brazil)
  • Syngenta AG (Switzerland)
  • Tate & Lyle Public Limited Company (United Kingdom)
  • Vanguarda Agro (Brazil)


 

Searchable List of Corn Exporting Countries

You can change the presentation order by clicking the triangle icon at the top of any of the columns below.

RankExporter2017 Corn Exports% World Total
1.United StatesUS$9.6 billion32.3%
2.Brazil$4.6 billion15.6%
3.Argentina$3.9 billion13.1%
4.Ukraine$3 billion10.1%
5.France$1.4 billion4.8%
6.Russia$887 million3%
7.Hungary$882.5 million3%
8.Romania$826.2 million2.8%
9.Mexico$488.1 million1.6%
10.South Africa$473.1 million1.6%
11.Canada$308.4 million1%
12.Serbia$303.5 million1%
13.Paraguay$244.6 million0.8%
14.Netherlands$232.5 million0.8%
15.Poland$215.6 million0.7%
16.Austria$201.9 million0.7%
17.Thailand$186.1 million0.6%
18.Bulgaria$184.2 million0.6%
19.Germany$159.1 million0.5%
20.Slovakia$130.7 million0.4%
21.India$124.2 million0.4%
22.Spain$108 million0.4%
23.Zambia$97.4 million0.3%
24.Croatia$90.7 million0.3%
25.Uganda$83 million0.3%
26.Chile$81.6 million0.3%
27.Slovenia$73.5 million0.2%
28.Belgium$69.9 million0.2%
29.Czech Republic$65.2 million0.2%
30.Italy$57 million0.2%
31.Moldova$53.7 million0.2%
32.Turkey$53.3 million0.2%
33.Laos$50.1 million0.2%
34.United Kingdom$36.2 million0.1%
35.Myanmar (Burma)$30.1 million0.1%
36.Australia$26.7 million0.1%
37.China$21.9 million0.1%
38.Lithuania$21.9 million0.1%
39.Ethiopia$21.5 million0.1%
40.Peru$19.7 million0.1%
41.Portugal$17.3 million0.1%
42.New Zealand$13.1 million0.04%
43.Jordan$12.9 million0.04%
44.Cambodia$12.6 million0.04%
45.Latvia$11.1 million0.04%
46.United Arab Emirates$10.4 million0.04%
47.Bolivia$9.8 million0.03%
48.South Korea$9.1 million0.03%
49.Malaysia$8.8 million0.03%
50.Kenya$8 million0.03%
51.Bosnia/Herzegovina$7.5 million0.03%
52.Denmark$7.2 million0.02%
53.Tanzania$6.9 million0.02%
54.Greece$6.8 million0.02%
55.Malawi$6.6 million0.02%
56.Vietnam$6.5 million0.02%
57.Kazakhstan$6.4 million0.02%
58.Pakistan$6.3 million0.02%
59.Colombia$4.1 million0.01%
60.Luxembourg$3.8 million0.01%
61.Yemen$3.8 million0.01%
62.Israel$3.8 million0.01%
63.Honduras$3.1 million0.01%
64.Mozambique$3 million0.01%
65.Belize$2.7 million0.01%
66.Zimbabwe$2.5 million0.01%
67.Ireland$1.9 million0.01%
68.Sudan$1.5 million0.005%
69.Egypt$1.4 million0.005%
70.Philippines$1.3 million0.005%
71.Guatemala$1.3 million0.004%
72.Indonesia$1.1 million0.004%
73.Sweden$733,0000.002%
74.Macedonia$649,0000.002%
75.Georgia$608,0000.002%
76.Haiti$429,0000.001%
77.Mauritius$417,0000.001%
78.Switzerland$404,0000.001%
79.Ecuador$351,0000.001%
80.El Salvador$322,0000.001%
81.Cameroon$288,0000.001%
82.Lebanon$232,0000.001%
83.Uruguay$204,0000.001%
84.Saudi Arabia$175,0000.001%
85.Estonia$161,0000.001%
86.Taiwan$154,0000.001%
87.Swaziland$133,0000.0004%
88.Niger$132,0000.0004%
89.Democ. Rep. Congo$99,0000.0003%
90.Singapore$90,0000.0003%
91.Madagascar$89,0000.0003%
92.Senegal$80,0000.0003%
93.Oman$73,0000.0002%
94.Morocco$70,0000.0002%
95.Nicaragua$67,0000.0002%
96.Panama$63,0000.0002%
97.Lesotho$59,0000.0002%
98.Belarus$57,0000.0002%
99.Botswana$31,0000.0001%
100.Kyrgyzstan$28,0000.0001%
101.Nigeria$26,0000.0001%
102.Qatar$25,0000.0001%
103.Hong Kong$25,0000.0001%
104.Costa Rica$21,0000.0001%
105.Guyana$18,0000.0001%
106.Rwanda$18,0000.0001%
107.Japan$17,0000.0001%
108.Iran$12,0000.00004%
109.Dominican Republic$11,0000.00004%
110.Côte d'Ivoire$9,0000.00003%
111.Trinidad/Tobago$5,0000.00002%
112.Ghana$4,0000.00001%
113.Sri Lanka$4,0000.00001%
114.Barbados$4,0000.00001%
115.Cyprus$3,0000.00001%
116.Benin$3,0000.00001%
117.Togo$3,0000.00001%
118.Montenegro$3,0000.00001%
119.Iraq$2,0000.00001%
120.Bangladesh$1,0000.000003%


See also Corn Imports by Country, Wheat Exports by Country, Soya Beans Exports by Country and Top Sweet Pepper and Chili Pepper Exports

Research Sources:
The World Factbook, Field Listing: Exports – Commodities, Central Intelligence Agency. Accessed on May 22, 2018

Trade Map, International Trade Centre. Accessed on May 22, 2018

Investopedia, Net Exports Definition. Accessed on May 22, 2018

Wikipedia, Category: Agriculture companies by country. Accessed on May 22, 2018

Genetic Literacy Project, World’s largest corn producer sues Syngenta over Chinese rejection of GMO corn. Accessed on November 21, 2015

Hoovers, Company information. Accessed on November 21, 2015