Corn in Brazil 2021 Exports | Imports : $4.44B | $712M, World Rnk 4 / 160 Rnk 12 / 1202 | World Rnk 20 / 209 Rnk 64 / 1196
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $115M | $317M, Egypt | Argentina
2021 ECONOMIC COMPLEXITY of Brazil: 0.33, Rnk 49 / 131
2021 PRODUCT COMPLEXITY IN Corn: -1.16, Rnk 874 / 1024
Exports In 2021, Brazil exported $4.44B in Corn, making it the 4th largest exporter of Corn in the world. At the same year, Corn was the 12th most exported product in Brazil. The main destination of Corn exports from Brazil are: Iran ($702M), Egypt ($667M), Spain ($397M), Japan ($323M), and South Korea ($236M).
The fastest growing export markets for Corn of Brazil between 2020 and 2021 were Egypt ($115M), Colombia ($92.5M), and Saudi Arabia ($26.8M).
Imports In 2021, Brazil imported $712M in Corn, becoming the 20th largest importer of Corn in the world. At the same year, Corn was the 64th most imported product in Brazil. Brazil imports Corn primarily from: Paraguay ($366M), Argentina ($337M), United States ($7.25M), United Arab Emirates ($1.72M), and Bolivia ($117k).
The fastest growing import markets in Corn for Brazil between 2020 and 2021 were Argentina ($317M), Paraguay ($179M), and United Arab Emirates ($1.72M).
June 2023
Overview In June 2023 Brazil's Corn exports accounted up to $271M and imports accounted up to $2.72M, resulting in a positive trade balance of $268M. Between June 2022 and June 2023 the exports of Brazil's Corn have decreased by $-42.4M (-13.5%) from $313M to $271M, while imports decreased by $-33.7M (-92.5%) from $36.4M to $2.72M.
Destinations In June 2023, Corn were exported mostly to China ($44.3M), Colombia ($37.1M), Taiwan ($36.2M), Japan ($30.7M), and Venezuela ($18.5M), and were imported mostly from Paraguay ($2.68M), United States ($30.7k), and Estonia ($2.86k).
Growth In June 2023, the decrease in Corn's year-by-year exports was explained primarily by a decrease in exports to Malaysia ($-24.8M or -62.6%), Taiwan ($-24.1M or -38.5%), and Vietnam ($-16.8M or -34.6%). In June 2023, the decrease in Corn's year-by-year imports was explained primarily by a decrease in imports from Paraguay ($-28.8M or -65.6%).
EXPORT GROWTH (June 2022 - June 2023): $-42.4M, (-13.5%)
IMPORT GROWTH (June 2022 - June 2023): $-33.7M, (-92.5%)
MAIN EXPORTER (June 2023): Mato Grosso, $914M
MAIN DESTINATION (June 2023): China, $44.3M
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 (2021): $4.44B
IMPORTS (2021): $712M
NET TRADE (2021): $3.73B
In 2021, Brazil exported $4.44B in Corn. The main destinations of Brazil exports on Corn were Iran ($702M), Egypt ($667M), Spain ($397M), Japan ($323M), and South Korea ($236M).
In 2021, Brazil imported $712M in Corn, mainly from Paraguay ($366M), Argentina ($337M), United States ($7.25M), United Arab Emirates ($1.72M), and Bolivia ($117k).
THE FASTEST GROWING Corn EXPORT MARKETS FOR Brazil WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corn BY Brazil WERE (2020 - 2021):
In 2021, Brazil's main exporting competitors in Corn were:
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