HS Icon Maize except seed corn

100590 (Harmonized System 1992 for 6-digit)

World Trade (2018): $31.2B, Rnk 78 / 4726

Top Exporter (2018): $12.7B, United States

Top Importer (2018): $3.07B, Mexico

Product Complexity (2018): -0.83, Rnk 3807 / 4873

Export Growth (CAGR)(2017 - 2018): 14.7%, Rnk 1935 / 4726

Mean Tariff (2018): 10.9%, Rnk 2017 / 6538

Share of World Trade (2018): 0.17%, Rnk 78 / 4726

Overview: In 2018, Maize except seed corn were the world's 78th most traded product, with a total trade of $31.2B. Between 2017 and 2018 the exports of Maize except seed corn grew by 14.7%, from  $27.2B to $31.2B. Trade in Maize except seed corn represent 0.17% of total world trade.

Exports: In 2018 the top exporters of Maize except seed corn  were United States ($12.7B), Argentina ($4.19B), Brazil ($4.06B), Ukraine ($3.5B), and France ($998M).

Imports: In 2018 the top importers of Maize except seed corn were Mexico ($3.07B), Japan ($3.02B), South Korea ($1.87B), Vietnam ($1.83B), and Iran ($1.66B).

Tariffs: In 2018 the average tariff for Maize except seed corn was 10.9%, been the 2017 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Maize except seed corn are South Korea (383%), Israel (56.6%), Tanzania (47.1%), Rwanda (46.9%), and Uganda (46.9%). The countries with the lowest tariffs are Egypt (0%), Mauritius (0%), South Africa (0%), United Arab Emirates (0%), and Armenia (0%).

Ranking: Maize except seed corn ranks 3807th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $12.7B

Top Destination (2018): Mexico, $3.07B

Maize except seed corn are the world's 78th most traded product.

In 2018, the top exporters of Maize except seed corn were United States ($12.7B), Argentina ($4.19B), Brazil ($4.06B), Ukraine ($3.5B), and France ($998M).

In 2018, the top importers of Maize except seed corn were Mexico ($3.07B), Japan ($3.02B), South Korea ($1.87B), Vietnam ($1.83B), and Iran ($1.66B).

Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United States, $3.51B

Top Destination Growth (2017 - 2018): Vietnam, $590M

Between 2017 and 2018, the exports of Maize except seed corn grew the fastest in United States ($3.51B), Ukraine ($571M), Argentina ($353M), Romania ($267M), and France ($197M).

Between 2017 and 2018, the fastest growing importers of Maize except seed corn were Vietnam ($590M), Iran ($586M), Spain ($370M), Canada ($299M), and Mexico ($269M).

Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Maize except seed corn.

In 2018,  market concentration measured using Shannon Entropy, was 3.08. This means that most of the exports of Maize except seed corn are explained by 8 countries.

TOP NET EXPORTER (2018): United States, $12.6B

TOP NET IMPORTER (2018): Japan, $3.02B

This map shows which countries export or import more of Maize except seed corn. Each country is colored based on the difference in exports and imports of Maize except seed corn during 2018.

In 2018, the countries that had a largest trade value in exports than imports of Maize except seed corn were United States ($12.6B), Argentina ($4.17B), Brazil ($3.92B), Ukraine ($3.5B), and France ($880M).

In 2018, the countries that had a largest trade value in imports than exports of Maize except seed corn were Japan ($3.02B), Mexico ($2.86B), South Korea ($1.87B), Vietnam ($1.81B), and Iran ($1.66B).

Trade Forecasts

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This section shows forecasts for total trade for Maize except seed corn. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Maize except seed corn was 10.9%.  The countries with the highest tariffs for importing Maize except seed corn were South Korea (383%), Israel (56.6%), Tanzania (47.1%), Rwanda (46.9%), and Uganda (46.9%).

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Product Complexity

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Diversification Frontier

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The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.