Corn in Mexico 2020 Exports | Imports : $285M | $2.91B, World Rnk 18 / 154 Rnk 177 / 1179 | World Rnk 1 / 208 Rnk 20 / 1207
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $21.1M | $197k, Zimbabwe | Thailand
2020 ECONOMIC COMPLEXITY of Mexico: 1.15, Rnk 21 / 127
2020 PRODUCT COMPLEXITY IN Corn: -0.95, Rnk 825 / 1029
Exports In 2020, Mexico exported $285M in Corn, making it the 18th largest exporter of Corn in the world. At the same year, Corn was the 177th most exported product in Mexico. The main destination of Corn exports from Mexico are: Venezuela ($148M), Guatemala ($26.2M), United States ($21.1M), Zimbabwe ($21.1M), and El Salvador ($20.9M).
The fastest growing export markets for Corn of Mexico between 2019 and 2020 were Zimbabwe ($21.1M), Kenya ($17.5M), and Guatemala ($13.6M).
Imports In 2020, Mexico imported $2.91B in Corn, becoming the 1st largest importer of Corn in the world. At the same year, Corn was the 20th most imported product in Mexico. Mexico imports Corn primarily from: United States ($2.7B), Brazil ($211M), Chile ($1.45M), Argentina ($848k), and Thailand ($468k).
The fastest growing import markets in Corn for Mexico between 2019 and 2020 were Thailand ($197k), Guatemala ($105k), and France ($22.2k).
Tariffs In 2017, the average tariff for Mexico in Corn was 3.41%. The countries with the highest import tariffs for Corn were Argentina (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 16%), Brazil (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 16%), Cuba (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 14.4%), Venezuela (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 14.4%), and Ecuador (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 12%).
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.
EXPORTS (2020): $285M
IMPORTS (2020): $2.91B
NET TRADE (2020): -$2.63B
In 2020, Mexico exported $285M in Corn. The main destinations of Mexico exports on Corn were Venezuela ($148M), Guatemala ($26.2M), United States ($21.1M), Zimbabwe ($21.1M), and El Salvador ($20.9M).
In 2020, Mexico imported $2.91B in Corn, mainly from United States ($2.7B), Brazil ($211M), Chile ($1.45M), Argentina ($848k), and Thailand ($468k).
In 2020, Mexico's main exporting competitors in Corn were:
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