2023
Exports
$49.9MWorld Rnk 40 / 158
Flag Rnk 245 / 1208
2023
PRODUCT COMPLEXITY IN Corn
-1.03Rnk 838 / 1025
2023
Imports
$4.2MWorld Rnk 140 / 216
Flag Rnk 917 / 1207
2023
ECONOMIC COMPLEXITY of Australia
-0.28Rnk 75 / 132

About

Exports In 2023, Australia exported $49.9M in Corn, making it the 40th largest exporter of Corn in the world. At the same year, Corn was the 245th most exported product in Australia. The main destination of Corn exports from Australia are: South Korea ($33.2M), United Arab Emirates ($11.5M), Philippines ($1.35M), Papua New Guinea ($910k), and Guatemala ($784k).

The fastest growing export markets for Corn of Australia between 2022 and 2023 were South Korea ($8.9M), Papua New Guinea ($628k), and Guatemala ($351k).

Imports In 2023, Australia imported $4.2M in Corn, becoming the 140th largest importer of Corn in the world. At the same year, Corn was the 917th most imported product in Australia. Australia imports Corn primarily from: United States ($2.61M), New Zealand ($1.02M), Argentina ($385k), South Africa ($30.9k), and Vietnam ($27.8k).

The fastest growing import markets in Corn for Australia between 2022 and 2023 were United States ($2.3M), New Zealand ($337k), and Argentina ($30.3k).

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)$49.9M
IMPORTS (2023)$4.2M
NET TRADE (2023)$45.7M

In 2023, Australia exported $49.9M in Corn. The main destinations of Australia exports on Corn were South Korea ($33.2M), United Arab Emirates ($11.5M), Philippines ($1.35M), Papua New Guinea ($910k), and Guatemala ($784k).

In 2023, Australia imported $4.2M in Corn, mainly from United States ($2.61M), New Zealand ($1.02M), Argentina ($385k), South Africa ($30.9k), and Vietnam ($27.8k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Corn EXPORT MARKETS FOR Australia WERE (2022 - 2023):
South Korea$8.9M (36.6%)
Papua New Guinea$628k (223%)
Guatemala$351k (81%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corn BY Australia WERE (2022 - 2023):
United Arab Emirates-$1.92M (-14.4%)
Malaysia-$867k (-99.8%)
Japan-$758k (-99.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Australia's main exporting competitors in Corn were:
In 2023, Australia'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 POTENTIALJapan+ $1.66M
TOP IMPORT POTENTIALUnited States+ $1.04M

Corn’s highest export potential is Japan. With an export gap of $1.66M.   Corn’s highest import potential is United States with an import gap of $1.04M.

See methodology.

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