Corn in 
Brazil
2020 Exports | Imports : $5.95B | $215M, World Rnk 3 / 154 Rnk 7 / 1202 | World Rnk 37 / 208 Rnk 156 / 1194
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $74.7M | $4.08M, Algeria | Paraguay
Exports In 2020, Brazil exported $5.95B in Corn, making it the 3rd largest exporter of Corn in the world. At the same year, Corn was the 7th most exported product in Brazil. The main destination of Corn exports from Brazil are: Iran ($745M), Japan ($712M), Vietnam ($633M), Egypt ($552M), and South Korea ($418M).
The fastest growing export markets for Corn of Brazil between 2019 and 2020 were Algeria ($74.7M), Turkey ($33.1M), and Israel ($23.6M).
Imports In 2020, Brazil imported $215M in Corn, becoming the 37th largest importer of Corn in the world. At the same year, Corn was the 156th most imported product in Brazil. Brazil imports Corn primarily from: Paraguay ($187M), Argentina ($19.3M), United States ($6.14M), Jordan ($1.91M), and Bolivia ($601k).
The fastest growing import markets in Corn for Brazil between 2019 and 2020 were Paraguay ($4.08M), Jordan ($1.91M), and Argentina ($1.9M).
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 MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 6.4%), Cuba (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 5.76%), Panama (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 5.76%), and Angola (Most Favoured Nation duty rate treatement, 5.33%).
Latest Trends
#permalink to sectionMarch 2022
Overview In March 2022 Brazil's Corn exports accounted up to $6.18M and imports accounted up to $30.8M, resulting in a negative trade balance of $24.6M. Between March 2021 and March 2022 the exports of Brazil's Corn have decreased by $-68.1M (-91.7%) from $74.3M to $6.18M, while imports increased by $9.85M (46.9%) from $21M to $30.8M.
Destinations In March 2022, Corn were exported mostly to Egypt ($1.8M), Iran ($1.09M), Venezuela ($980k), United States ($571k), and Peru ($391k), and were imported mostly from Paraguay ($23M), Argentina ($7.84M), and South Africa ($15.7k).
Growth In March 2022, the decrease in Corn's year-by-year exports was explained primarily by a decrease in exports to Morocco ($-10.2M or -63.7%), Taiwan ($-10.1M or -13.9%), and Bangladesh ($-8.49M or -47.4%). In March 2022, the increase in Corn's year-by-year imports was explained primarily by an increase in imports from Paraguay ($17.7M or 67.4%)and United States ($1.61M or 243%).
Subnational Monthly Trade
#permalink to sectionEXPORT GROWTH (March 2021 - March 2022): $-68.1M, (-91.7%)
IMPORT GROWTH (March 2021 - March 2022): $9.85M, (46.9%)
MAIN EXPORTER (March 2022): Mato Grosso, $1.81M
MAIN DESTINATION (March 2022): Egypt, $1.8M
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.
For full datasets download visit Bulk Download page.
Historical Data
#permalink to sectionTrade Balance
#permalink to sectionEXPORTS (2020): $5.95B
IMPORTS (2020): $215M
NET TRADE (2020): $5.73B
In 2020, Brazil exported $5.95B in Corn. The main destinations of Brazil exports on Corn were Iran ($745M), Japan ($712M), Vietnam ($633M), Egypt ($552M), and South Korea ($418M).
In 2020, Brazil imported $215M in Corn, mainly from Paraguay ($187M), Argentina ($19.3M), United States ($6.14M), Jordan ($1.91M), and Bolivia ($601k).
Net Trade
#permalink to sectionMarket Growth
#permalink to sectionMarket Concentration
#permalink to sectionIn 2019, Brazil's main exporting competitors in Corn were:
- United States , $9.72B
- Argentina , $6.46B
- Ukraine , $4.89B
Tariffs
#permalink to sectionTariffs by Country
#permalink to sectionIn 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 MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 6.4%), Cuba (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 5.76%), Panama (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 5.76%), and Angola (Most Favoured Nation duty rate treatement, 5.33%).
