2023
Exports
$6.62BWorld Rnk 3 / 158
Flag Rnk 2 / 1111
2023
PRODUCT COMPLEXITY IN Corn
-1.03Rnk 838 / 1025
2023
Imports
$146MWorld Rnk 55 / 216
Flag Rnk 115 / 1171
2023
ECONOMIC COMPLEXITY of Argentina
0.043Rnk 61 / 132

About

Exports In 2023, Argentina exported $6.62B in Corn, making it the 3rd largest exporter of Corn in the world. At the same year, Corn was the 2nd most exported product in Argentina. The main destination of Corn exports from Argentina are: Malaysia ($852M), Vietnam ($838M), Peru ($736M), Algeria ($602M), and South Korea ($596M).

The fastest growing export markets for Corn of Argentina between 2022 and 2023 were Uruguay ($73.1M), Philippines ($64.1M), and Bangladesh ($27.2M).

Imports In 2023, Argentina imported $146M in Corn, becoming the 55th largest importer of Corn in the world. At the same year, Corn was the 115th most imported product in Argentina. Argentina imports Corn primarily from: United States ($67.2M), Paraguay ($64.8M), Brazil ($10.9M), Chile ($2.49M), and Turkey ($76.9k).

The fastest growing import markets in Corn for Argentina between 2022 and 2023 were Paraguay ($45.3M), United States ($34.1M), and Brazil ($4.92M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Corn. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$6.62B
IMPORTS (2023)$146M
NET TRADE (2023)$6.47B

In 2023, Argentina exported $6.62B in Corn. The main destinations of Argentina exports on Corn were Malaysia ($852M), Vietnam ($838M), Peru ($736M), Algeria ($602M), and South Korea ($596M).

In 2023, Argentina imported $146M in Corn, mainly from United States ($67.2M), Paraguay ($64.8M), Brazil ($10.9M), Chile ($2.49M), and Turkey ($76.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Corn EXPORT MARKETS FOR Argentina WERE (2022 - 2023):
Uruguay$73.1M (248%)
Philippines$64.1M (248%)
Bangladesh$27.2M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corn BY Argentina WERE (2022 - 2023):
South Korea-$885M (-59.7%)
Vietnam-$570M (-40.5%)
Saudi Arabia-$400M (-63%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Argentina's main exporting competitors in Corn were:
In 2023, Argentina's main importing competitors in Corn were:
China $7.56B
Japan $4.52B

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Trade Value of Corn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBrazil+ $66.6M
TOP IMPORT POTENTIALBrazil+ $10.4M

Corn’s highest export potential is Brazil. With an export gap of $66.6M.   Corn’s highest import potential is Brazil with an import gap of $10.4M.

See methodology.

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