Corn in Brazil 2019 Exports | Imports : $7.39B | $207M, World Rnk 2 / 155 Rnk 4 / 1199 | World Rnk 34 / 210 Rnk 166 / 1196
2018 - 2019 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $1.07B | $74.1M, Japan | Paraguay
2019 ECONOMIC COMPLEXITY of Brazil: 0.58, Rnk 44 / 147
2019 PRODUCT COMPLEXITY IN Corn: -1.08, Rnk 855 / 1029
Exports In 2019, Brazil exported $7.39B in Corn, making it the 2nd largest exporter of Corn in the world. At the same year, Corn was the 4th most exported product in Brazil. The main destination of Corn exports from Brazil are: Japan ($1.11B), Iran ($972M), Vietnam ($661M), South Korea ($588M), and Egypt ($551M).
The fastest growing export markets for Corn of Brazil between 2018 and 2019 were Japan ($1.07B), South Korea ($384M), and Chinese Taipei ($366M).
Imports In 2019, Brazil imported $207M in Corn, becoming the 34th largest importer of Corn in the world. At the same year, Corn was the 166th most imported product in Brazil. Brazil imports Corn primarily from: Paraguay ($183M), Argentina ($17.4M), United States ($6.01M), Bolivia ($570k), and Mexico ($36.1k).
The fastest growing import markets in Corn for Brazil between 2018 and 2019 were Paraguay ($74.1M), Bolivia ($216k), and Spain ($17.1k).
Tariffs In 2017, the average tariff for Brazil in Corn was 5.14%. The countries with the highest import tariffs for Corn were India (Preferential tariff for India, 7.2%), Mexico (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador México Panamá Paraguay Perú Uruguay Venezuela), 6.4%), Cuba (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador México Panamá Paraguay Perú Uruguay Venezuela), 5.76%), Panama (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador México Panamá Paraguay Perú Uruguay Venezuela), 5.76%), and Angola (Most Favoured Nation duty rate treatement, 5.33%).
July 2021
Overview In July 2021 Brazil's Corn exports accounted up to $404M and imports accounted up to $37.3M, resulting in a positive trade balance of $367M. Between July 2020 and July 2021 the exports of Brazil's Corn have decreased by $-229M (-36.2%) from $633M to $404M, while imports increased by $30.4M (444%) from $6.84M to $37.3M.
Destinations In July 2021, Corn were exported mostly to Spain ($80.6M), Japan ($76.7M), Iran ($63.4M), Turkey ($24.5M), and Portugal ($21.7M), and were imported mostly from Argentina ($34.3M) and Paraguay ($2.97M).
Growth In July 2021, the decrease in Corn's year-by-year exports was explained primarily by a decrease in exports to Egypt ($-73.8M or -83.4%), Vietnam ($-70.4M or -100%), and Iran ($-50.7M or -44.5%). In July 2021, the increase in Corn's year-by-year imports was explained primarily by an increase in imports from Argentina ($34.3M or 149M%).
EXPORT GROWTH (July 2020 - July 2021): $-229M, (-36.2%)
IMPORT GROWTH (July 2020 - July 2021): $30.4M, (444%)
MAIN EXPORTER (July 2021): Mato Grosso, $299M
MAIN DESTINATION (July 2021): Spain, $80.6M
This section shows Corn's exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Corn over time.
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EXPORTS (2019): $7.39B
IMPORTS (2019): $207M
NET TRADE (2019): $7.19B
In 2019, Brazil exported $7.39B in Corn. The main destinations of Brazil exports on Corn were Japan ($1.11B), Iran ($972M), Vietnam ($661M), South Korea ($588M), and Egypt ($551M).
In 2019, Brazil imported $207M in Corn, mainly from Paraguay ($183M), Argentina ($17.4M), United States ($6.01M), Bolivia ($570k), and Mexico ($36.1k).
THE FASTEST GROWING Corn EXPORT MARKETS FOR Brazil WERE (2018 - 2019):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corn BY Brazil WERE (2018 - 2019):
In 2019, Brazil's main exporting competitors in Corn were:
In 2019, Brazil's main importing competitors in Corn were:
In 2017, the average tariff for Brazil in Corn was 5.14%.
The countries with the highest tariffs for Corn in Brazil were India (Preferential tariff for India, 7.2%), Mexico (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador México Panamá Paraguay Perú Uruguay Venezuela), 6.4%), Cuba (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador México Panamá Paraguay Perú Uruguay Venezuela), 5.76%), Panama (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador México Panamá Paraguay Perú Uruguay Venezuela), 5.76%), and Angola (Most Favoured Nation duty rate treatement, 5.33%).