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Corn (maize): top exporters and importers (2024)

In 2024, world trade in corn (maize) totaled $45.1 billion (187.1 million tonnes). The top exporters were the United States (24%), Brazil (20%) and Argentina (16%); the top importers were Japan (8%), South Korea (6%) and Vietnam (6%). Compared with 2019, the value rose 13%.

Summary

World trade
$45.1billion
Tonnes
187.1million tonnes
Price per tonne
$240
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. United States$10.8 billion · 23.9%
    see destinations
  2. Brazil$8.8 billion · 19.5%
    see destinations
  3. Argentina$7.4 billion · 16.3%
    see destinations
  4. Ukraine$5.9 billion · 13.1%
    see destinations
  5. France$1.9 billion · 4.2%
    see destinations
  6. South Africa$991 million · 2.2%
  7. Romania$841 million · 1.9%
  8. Myanmar$798 million · 1.8%
  9. Poland$739 million · 1.6%
  10. Hungary$710 million · 1.6%
  11. Serbia$693 million · 1.5%
  12. Russia$492 million · 1.1%
  13. Canada$489 million · 1.1%
  14. Paraguay$411 million · 0.91%
  15. Austria$316 million · 0.7%
  16. Turkey$308 million · 0.68%
  17. Slovenia$307 million · 0.68%
  18. Germany$282 million · 0.63%
  19. Pakistan$278 million · 0.62%
  20. Bulgaria$242 million · 0.54%

Top importers

  1. Japan$3.8 billion · 8.4%
    see sources
  2. South Korea$2.6 billion · 5.8%
    see sources
  3. Vietnam$2.5 billion · 5.6%
    see sources
  4. China$2.4 billion · 5.4%
    see sources
  5. Spain$2 billion · 4.4%
    see sources
  6. Egypt$1.8 billion · 4.1%
    see sources
  7. Mexico$1.8 billion · 4.1%
    see sources
  8. Italy$1.7 billion · 3.7%
    see sources
  9. Colombia$1.6 billion · 3.5%
    see sources
  10. Malaysia$1.1 billion · 2.5%
  11. Netherlands$1.1 billion · 2.5%
    re-exports
  12. Saudi Arabia$1.1 billion · 2.4%
  13. Iran$1.1 billion · 2.4%
  14. Turkey$1 billion · 2.3%
  15. Algeria$1 billion · 2.3%
  16. Taiwan$1 billion · 2.3%
  17. Peru$969 million · 2.2%
  18. Germany$927 million · 2.1%
  19. United Kingdom$697 million · 1.6%
  20. Canada$635 million · 1.4%

Trend

Who sells it

The United States has been the top exporter since 2024

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

  • United States 10.8
  • Brazil 8.8
  • Argentina 7.4
  • Ukraine 5.9
  • France 1.9

Source: CEPII BACI

Show the numbers
Country19952024
United States8.410.8
Brazil0.018.8
Argentina0.787.4
Ukraine< 0.015.9
France1.71.9

Price

Implied price

The price per tonne rose 55% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $240

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$155
1996$196
1997$168
1998$147
1999$133
2000$135
2001$137
2002$135
2003$144
2004$184
2005$152
2006$158
2007$213
2008$296
2009$220
2010$233
2011$322
2012$304
2013$301
2014$262
2015$211
2016$203
2017$199
2018$210
2019$201
2020$206
2021$277
2022$322
2023$289
2024$240

What it includes

  • 1005 · Corn

Products in the same chapter

Sources and methodology

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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