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Where does South Korea get its corn (maize)? Import sources 2024

In 2024, South Korea imported $2.6 billion of corn (maize) (10.6 million tonnes), 5.8% of the world total. Its main sources were Brazil (27%), the United States (25%) and Argentina (24%). South Korea was the world’s 2nd-largest importer of corn (maize).

Summary

Value
$2.6billion
Tonnes
10.6million tonnes
Share of world total
5.8%
World rank
2nd
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD millions)TonnesUSD per tonneShareMode
Brazil714Tonnes: 3,072,900USD per tonne: $23227.1%Sea
United States646Tonnes: 2,525,665USD per tonne: $25624.6%Sea
Argentina637Tonnes: 2,864,758USD per tonne: $22224.2%Sea
Ukraine245Tonnes: 729,716USD per tonne: $3369.3%Sea
Serbia139Tonnes: 525,284USD per tonne: $2645.3%Sea
Romania104Tonnes: 342,142USD per tonne: $3033.9%Sea
Russia61Tonnes: 227,652USD per tonne: $2682.3%Sea
Paraguay33.7Tonnes: 122,710USD per tonne: $2751.3%Sea
Australia28.2Tonnes: 83,029USD per tonne: $3401.1%Sea
Uruguay7.4Tonnes: 29,525USD per tonne: $2500.28%Sea
Bulgaria5.4Tonnes: 21,615USD per tonne: $2480.2%Sea
South Africa4.2Tonnes: 13,480USD per tonne: $3090.16%Sea
Moldova2.4Tonnes: 9,327USD per tonne: $2520.09%Sea
New Zealand2Tonnes: 121USD per tonne: $16,1320.07%Sea
Turkey1.5Tonnes: 4,504USD per tonne: $3260.06%Sea
Italy0.47Tonnes: 155USD per tonne: $3,0060.02%Sea
Antigua and Barbuda0.2Tonnes: 780USD per tonne: $2580.01%Sea
Peru0.05Tonnes: 1USD per tonne: $78,5690%Air
Cambodia0.05Tonnes: 13USD per tonne: $3,5090%Sea
Chile0.04Tonnes: 3USD per tonne: $17,7360%Sea

Trend

Who it buys from

Brazil has been its main source since 2023

Value in USD billions. The five largest sources in 2024.

  • Brazil 0.71
  • United States 0.65
  • Argentina 0.64
  • Ukraine 0.25
  • Serbia 0.14

Source: CEPII BACI

Show the numbers
Partner19952024
Brazil00.71
United States1.20.65
Argentina< 0.010.64
Ukraine00.25
Serbia00.14

Sources and methodology

Other products of this country

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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