Corn Exports by Country

Corn Exports by Country

Sweet corn cravings

Global sales from corn exports by country amounted to US$28.8 billion in 2016.

Overall, the value of corn exports were down by an average -19.3% for all exporting countries since 2012 when corn shipments were valued at $35.7 billion.

Year over year, the value of global corn exports appreciated by 1.6% from 2015 to 2016.

Among continents, North American countries accounted for the highest dollar worth of corn exports during 2016 with shipments valued at $11.1 billion or 38.7% of the global total. In second place were Latin America (excluding Mexico) and the Caribbean at 29.1% while 28.6% of worldwide shipments originated from European shippers. Asia at 1.8% and Africa at 1.7% are smaller exporters.

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

Corn Exports by Country

Countries

Below are the 15 countries that exported the highest dollar value worth of corn during 2016:

  1. United States: US$10.3 billion (35.9% of total corn exports)
  2. Argentina: $4.2 billion (14.5%)
  3. Brazil: $3.7 billion (13%)
  4. Ukraine: $2.4 billion (8.4%)
  5. France: $1.6 billion (5.7%)
  6. Russia: $858.9 million (3%)
  7. Romania: $773.8 million (2.7%)
  8. Hungary: $671.8 million (2.3%)
  9. Mexico: $477.6 million (1.7%)
  10. Serbia: $371.7 million (1.3%)
  11. Paraguay: $339.2 million (1.2%)
  12. South Africa: $334.2 million (1.2%)
  13. Canada: $334 million (1.2%)
  14. Bulgaria: $241.3 million (0.8%)
  15. Thailand: $191 million (0.7%)

The listed 15 countries shipped 93.4% of all corn exports in 2016 (by value).

Among the above countries, the fastest-growing corn exporters since 2012 were: Thailand (up 109.9%), Mexico (up 104.9%), Russia (up 49.8%), Canada (up 12.7%) and Bulgaria (up 10.3%).

Those countries that posted the greatest declines in their exported corn sales were: Hungary (down -48.3%), South Africa (down -38.7%), Paraguay (down -38.5%) and Ukraine (down -37.5%).

Advantages

The following countries posted the highest positive net exports for corn during 2016. 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$9.8 billion (net export surplus up 12.9% since 2012)
  2. Argentina: $4.2 billion (down -13.1%)
  3. Brazil: $3.2 billion (down -37.8%)
  4. Ukraine: $2.3 billion (down -36.8%)
  5. France: $1.4 billion (down -36.5%)
  6. Russia: $720.6 million (up 52.2%)
  7. Romania: $618.6 million (up 17.7%)
  8. Hungary: $582.6 million (down -52.1%)
  9. Serbia: $353 million (down -36%)
  10. Paraguay: $290.3 million (down -40.5%)
  11. Bulgaria: $203.9 million (up 26.4%)
  12. Thailand: $166.2 million (up 204.1%)
  13. Zambia: $100.6 million (down -75.6%)
  14. India: $91.9 million (down -91.9%)
  15. Croatia: $70.3 million (up 305.8%)

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

Opportunities

The following countries posted the highest negative net exports for corn during 2016. 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 -40.2% since 2012)
  2. Mexico: -$2.2 billion (down -19.9%)
  3. South Korea: -$1.9 billion (down -27.1%)
  4. Egypt: -$1.5 billion (down -22.4%)
  5. Vietnam: -$1.4 billion (up 178.2%)
  6. Spain: -$1.1 billion (down -34.5%)
  7. Iran: -$933.4 million (down -24.1%)
  8. Colombia: -$857.8 million (down -13.9%)
  9. Italy: -$832.1 million (up 8.6%)
  10. Taiwan: -$782.6 million (down -44.7%)
  11. Netherlands: -$742.5 million (down -29.9%)
  12. Malaysia: -$701.7 million (down -24.3%)
  13. Algeria: -$664.5 million (down -29.4%)
  14. China: -$635 million (down -60%)
  15. Peru: -$588.7 million (up 6.5%)

Japan incurred the highest deficit in the international trade of 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.

RankExporter2016 Corn Exports% World Total
1.United StatesUS$10.3 billion35.9%
2.Argentina$4.2 billion14.5%
3.Brazil$3.7 billion13%
4.Ukraine$2.4 billion8.4%
5.France$1.6 billion5.7%
6.Russia$858.9 million3%
7.Romania$773.8 million2.7%
8.Hungary$671.8 million2.3%
9.Mexico$477.6 million1.7%
10.Serbia$371.7 million1.3%
11.Paraguay$339.2 million1.2%
12.South Africa$334.2 million1.2%
13.Canada$334 million1.2%
14.Bulgaria$241.3 million0.8%
15.Thailand$191 million0.7%
16.Austria$170.3 million0.6%
17.Poland$163.2 million0.6%
18.Germany$141 million0.5%
19.Netherlands$134.6 million0.5%
20.India$132.7 million0.5%
21.Zambia$102.7 million0.4%
22.Croatia$90.2 million0.3%
23.Spain$88.5 million0.3%
24.Slovakia$84.7 million0.3%
25.Chile$80 million0.3%
26.Belgium$78.7 million0.3%
27.Italy$59.7 million0.2%
28.Laos$54.9 million0.2%
29.Slovenia$52 million0.2%
30.Turkey$49 million0.2%
31.Moldova$45.9 million0.2%
32.Czech Republic$44.4 million0.2%
33.United Kingdom$34 million0.1%
34.Myanmar (Burma)$20.4 million0.1%
35.Australia$20.3 million0.1%
36.Uganda$18.6 million0.1%
37.New Zealand$18.3 million0.1%
38.Peru$16.2 million0.1%
39.United Arab Emirates$15.9 million0.1%
40.Latvia$13.7 million0.05%
41.Colombia$13.6 million0.05%
42.Portugal$11.8 million0.04%
43.Singapore$11.6 million0.04%
44.Pakistan$11.4 million0.04%
45.Bosnia/Herzegovina$11 million0.04%
46.Malaysia$9.4 million0.03%
47.Bolivia$8.7 million0.03%
48.Vietnam$8.1 million0.03%
49.Lithuania$6.6 million0.02%
50.Tanzania$6.4 million0.02%
51.Greece$6.2 million0.02%
52.Honduras$5.3 million0.02%
53.Indonesia$5 million0.02%
54.Denmark$4.8 million0.02%
55.Burkina Faso$4.1 million0.01%
56.Cambodia$4.1 million0.01%
57.Luxembourg$3.7 million0.01%
58.Kazakhstan$3.4 million0.01%
59.Malawi$3.2 million0.01%
60.Guatemala$3.1 million0.01%
61.China$2.7 million0.01%
62.Georgia$2.3 million0.01%
63.Israel$2.2 million0.01%
64.Kenya$2.2 million0.01%
65.Egypt$2.2 million0.01%
66.Taiwan$1.9 million0.01%
67.Belize$1.2 million0.004%
68.Ireland$1.1 million0.004%
69.Philippines$1.1 million0.004%
70.Zimbabwe$986,0000.003%
71.Rwanda$950,0000.003%
72.Belarus$881,0000.003%
73.Andorra$799,0000.003%
74.Sweden$733,0000.003%
75.Suriname$641,0000.002%
76.Ecuador$609,0000.002%
77.Trinidad/Tobago$567,0000.002%
78.Yemen$509,0000.002%
79.El Salvador$440,0000.002%
80.Switzerland$407,0000.001%
81.Macedonia$391,0000.001%
82.Jordan$326,0000.001%
83.Madagascar$274,0000.001%
84.Uruguay$256,0000.001%
85.Botswana$201,0000.001%
86.Lebanon$168,0000.001%
87.Cameroon$164,0000.001%
88.Iraq$161,0000.001%
89.Nigeria$135,0000.0005%
90.Swaziland$117,0000.0004%
91.Azerbaijan$108,0000.0004%
92.Morocco$72,0000.0002%
93.Côte d'Ivoire$61,0000.0002%
94.North Korea$54,0000.0002%
95.Brunei Darussalam$47,0000.0002%
96.Lesotho$47,0000.0002%
97.Costa Rica$45,0000.0002%
98.Oman$44,0000.0002%
99.Estonia$36,0000.0001%
100.Hong Kong$27,0000.0001%
101.Bangladesh$27,0000.0001%
102.Nicaragua$26,0000.0001%
103.Panama$20,0000.0001%
104.Saudi Arabia$19,0000.0001%
105.Mozambique$16,0000.0001%
106.Sri Lanka$16,0000.0001%
107.Ghana$15,0000.0001%
108.Japan$13,0000.00005%
109.Senegal$12,0000.00004%
110.Kyrgyzstan$10,0000.00003%
111.Qatar$7,0000.00002%
112.Togo$7,0000.00002%
113.Democratic Rep. Congo$7,0000.00002%
114.Benin$7,0000.00002%
115.Mauritius$4,0000.00001%
116.Mali$4,0000.00001%
117.Barbados$3,0000.00001%
118.Kuwait$3,0000.00001%
119.Jamaica$3,0000.00001%
120.Haiti$3,0000.00001%
121.Finland$1,0000.000003%
122.North Korea$1,0000.000003%
123.Syrian Arab Republic$1,0000.000003%
124.Saint Lucia$1,0000.000003%


See also 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 16, 2017

Trade Map, International Trade Centre. Accessed on May 16, 2017

Investopedia, Net Exports Definition. Accessed on May 16, 2017

Wikipedia, Category: Agriculture companies by country. Accessed on May 16, 2017

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