HS Icon Maize (corn) seed

100510 (Harmonized System 1992 for 6-digit)

 2019
World Trade
: $2.98B, Rnk 994 / 4648

2019
Top Exporter | Top Importer
: $633M | $293M, France | Malaysia

2019
Product Complexity
: -1.29, Rnk 4237 / 4826

2018 - 2019
Export Growth (CAGR)
: -7.15%, Rnk 2999 / 4648

2018
Mean Tariff
: 2.93%, Rnk 5762 / 6538

 2019
Share of World Trade
: 0.016%, Rnk 994 / 4648

Overview:  This page contains the latest trade data of Maize (corn) seed. In 2019, Maize (corn) seed were the world's 994th most traded product, with a total trade of $2.98B. Between 2018 and 2019 the exports of Maize (corn) seed decreased by -7.15%, from  $3.21B to $2.98B. Trade in Maize (corn) seed represent 0.016% of total world trade.

Exports: In 2019 the top exporters of Maize (corn) seed  were France ($633M), United States ($309M), Hungary ($303M), Argentina ($258M), and Romania ($222M).

Imports: In 2019 the top importers of Maize (corn) seed were Malaysia ($293M), Germany ($256M), Canada ($155M), France ($143M), and United States ($125M).

Tariffs: In 2018 the average tariff for Maize (corn) seed was 2.93%, making it the 5762nd lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Maize (corn) seed are South Korea (272%), India (48.7%), Serbia (27%), Tanzania (23.6%), and Rwanda (23.5%). The countries with the lowest tariffs are Angola (0%), Egypt (0%), Madagascar (0%), Mozambique (0%), and Mauritius (0%).

Ranking: Maize (corn) seed ranks 4237th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2019): France, $633M

Top Destination (2019): Malaysia, $293M

Maize (corn) seed are the world's 994th most traded product.

In 2019, the top exporters of Maize (corn) seed were France ($633M), United States ($309M), Hungary ($303M), Argentina ($258M), and Romania ($222M).

In 2019, the top importers of Maize (corn) seed were Malaysia ($293M), Germany ($256M), Canada ($155M), France ($143M), and United States ($125M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Romania, $35.6M

Top Destination Growth (2018 - 2019): Malaysia, $32.4M

Between 2018 and 2019, the exports of Maize (corn) seed grew the fastest in Romania ($35.6M), Austria ($31M), Brazil ($22.7M), Italy ($17.9M), and Paraguay ($16.4M).

Between 2018 and 2019, the fastest growing importers of Maize (corn) seed were Malaysia ($32.4M), Hungary ($31.7M), France ($20.5M), Austria ($19.2M), and Romania ($15.5M).

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Market Concentration

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Cumulative market share

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

In 2019,  market concentration measured using Shannon Entropy, was 4.21. This means that most of the exports of Maize (corn) seed are explained by 18 countries.

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TOP NET EXPORTER (2019): France, $490M

TOP NET IMPORTER (2019): Malaysia, $293M

This map shows which countries export or import more of Maize (corn) seed. Each country is colored based on the difference in exports and imports of Maize (corn) seed during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Maize (corn) seed were France ($490M), Argentina ($240M), Hungary ($193M), United States ($184M), and Brazil ($161M).

In 2019, the countries that had a largest trade value in imports than in exports of Maize (corn) seed were Malaysia ($293M), Germany ($189M), Canada ($114M), Ukraine ($112M), and Russia ($89.8M).

Import Tariffs

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In 2018, the average tariff for importing Maize (corn) seed was 2.93%.  The countries with the highest tariffs for importing Maize (corn) seed were South Korea (272%), India (48.7%), Serbia (27%), Tanzania (23.6%), and Rwanda (23.5%).

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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.